TeleCommunication Systems Receives World-Wide Satellite Systems (WWSS) Eleven-Month Contract Extension

* Reuters is not responsible for the content in this press release.

Mon Aug 15, 2011 7:30am EDT

  ANNAPOLIS, MD, Aug 15 (MARKET WIRE) -- 
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in
highly reliable and secure mobile communication technology, today
announced it has received an 11-month extension to its U.S. Army
World-Wide Satellite Systems (WWSS) Indefinite Delivery Indefinite
Quantity (IDIQ) contract. Initially issued as a five-year, $5 billion
multiple award contract in 2006 and expected to end later this month, the
ordering period under the WWSS contract has been extended 11 months to
July 27, 2012 with all deliveries required to be completed by August 28,
2012. 

    As a result of the extension, TCS will continue to offer turn-key, single
source, quick reaction solutions for emerging communications requirements
worldwide in support of all federal missions. Such solutions include TCS'
entire SwiftLink(R) suite of products and services that support secure,
deployable communications. TCS leads a team of specialized satellite
communications and logistics companies that provide a full range of
operations, management and logistics products and services for the WWSS
program. Over the past 5 years the TCS WWSS Team demonstrated its proven
ability to support today's Warfighter with Commercial-Off-The-Shelf
(COTS) products, services and integration technologies. 

    "This contract extension not only demonstrates the need for continued
satellite communications support and innovation, but validates the
benefits of a successfully executed government and industry partnership,"
said Mike Bristol, senior vice president and general manager, Government
Solutions Group for TCS. "To date we have provided critical support of
the Army's worldwide communications needs from fabrication and testing to
operation and maintenance. We look forward to continuing this support and
providing their user customers around the world with reliable and cost
effective solutions."

    Key elements of the contract extension continue to include: system
integration; systems engineering; operations; maintenance; software
support; program management; logistics; technical field assistance; test
and evaluation; modeling and simulation; information operations and
assurance support; training; depot support and administrative support to
troops and personnel stationed around the globe. With the contract
extension, TCS' highly successful SIPR NIPR Access Point (SNAP) VSAT and
Wireless Point-to-Point Link (WPPL) Major Programs can continue to be
awarded from the WWSS contract vehicle. The WWSS program is managed by
the Program Management Warfighter Information Network-Tactical (PM WIN-T)
Joint Program Management Office. 

    About TeleCommunication Systems, Inc. 
 TeleCommunication Systems, Inc.
(TCS) (NASDAQ: TSYS) is a world leader in highly reliable and secure
mobile communication technology. TCS infrastructure forms the foundation
for market-leading solutions in E9-1-1, text messaging, commercial
location and deployable wireless communications. TCS is at the forefront
of new mobile cloud computing services, providing wireless applications
for navigation, hyper-local search, asset tracking, social applications
and telematics. Millions of consumers around the world use TCS wireless
apps as a fundamental part of their daily lives. Government agencies
utilize TCS' cybersecurity expertise and professional services.
Headquartered in Annapolis, Maryland, TCS maintains technical, service
and sales offices around the world. 

    Except for the historical information contained herein, this news release
contains forward-looking statements as defined within Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities and
Exchange Act of 1934, as amended. These statements are subject to risks
and uncertainties and are based upon TCS' current expectations and
assumptions that if incorrect would cause actual results to differ
materially from those anticipated. Risks include without limitation those
detailed from time to time in the Company's SEC reports, including the
reports on Form 10-K for the year ended December 31, 2010, and on Form
10-Q for the quarter ended June 30, 2011. 

    Existing and prospective investors are cautioned not to place undue
reliance on these forward-looking statements, which speak only as of the
date hereof. The Company undertakes no obligation to update or revise the
information in this press release, whether as a result of new
information, future events or circumstances, or otherwise. 

    

Company Contact:
TeleCommunication Systems, Inc.
Meredith Allen
410-295-1865
MAllen@telecomsys.com

Media Contact: 
Welz & Weisel Communications
Evan Weisel
703-218-3555
evan@w2comm.com

Investor Relations:
Liolios Group, Inc.
Scott Liolios
949-574-3860
info@liolios.com 

Copyright 2011, Market Wire, All rights reserved.

-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.