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TeleCommunication Systems' New In-Building Wireless Solutions Business Accelerates
More than $12 Million in Orders Received in the Past 12 Months from Enabling "Five-Bars" Reception
ANNAPOLIS, Md., Sept. 19, 2012 /PRNewswire/ -- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced that TCS' In-Building Wireless (IBW) program has received more than $12 million in orders over the past 12 months, including a new $2.9 million order from a major U.S. Department of Defense (DoD) medical campus. This order is part of an overall project for which TCS is to design and install a highly reliable and secure distributed antenna system covering 15 buildings on the medical campus. TCS IBW solutions provide secure, reliable communications inside structures where radio frequency (RF) signals typically do not penetrate, or become interrupted. TCS broadband satellite technologies and wireless local area network (WLAN/Wi-Fi) solutions can augment the IBW program, assuring the connectivity vital to workplace production in today's wireless environment.
With the proliferating use of wireless devices and applications for more than voice communication, professionals in many institutions increasingly depend on reliable access to broadband wireless service. For example, in hospitals and healthcare facilities, medical staff members need to easily, reliably and securely utilize telemedicine applications to access critical data anytime, anywhere. For each IBW customer, TCS performs a detailed system design that considers the existing technologies in the space where communications coverage is needed and analyzes the radio frequency environment. TCS has successfully implemented "five-bars" enhanced reception solutions for military medical campuses throughout the National Capital region enabling critical, life-saving support to active military personnel and veterans.
"Hospitals, government offices and commercial buildings need reliable, secure, 'carrier-agnostic' coverage for every part of their buildings," said Mike Bristol, senior vice president and general manager, Government Solutions Group for TCS. "Our customers recognize that TCS In-Building Wireless solutions provide their employees, guests and customers with vital coverage for mobile devices, including mobile telephones, laptop and tablet computers and two-way radios, and that's why we have been able to reach this important $12 million-plus mark in orders received."
TCS professionals address design, installation, testing and support. TCS helps medical facilities enhance telemedicine capability via high-speed broadband Internet, satellite, co-location and mobile capability to remote regions overseas. For more information on TCS IBW solutions, visit: http://www.telecomsys.com/services/in-building-wireless/default.aspx.
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' cyber security expertise, professional services, and highly secure deployable satellite solutions for mission-critical communications. Headquartered in Annapolis, MD, TCS maintains technical, service and sales offices around the world. To learn more about emerging and innovative wireless technologies, visit http://www.telecomsys.com.
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 the possibility that some of the revenue from the bookings will not mature, and those detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended December 31, 2011, and on Form 10-Q for the quarter ended June 30, 2012.
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.
(Logo: http://photos.prnewswire.com/prnh/20120503/PH99996LOGO )
Company Contact: Media Contact: Investor Relations:
TeleCommunication Systems, Inc. Nadel Phelan Liolios Group, Inc.
Meredith Allen Graham Sorkin Scott Liolios
410-295-1865 831-440-2406 949-574-3860
MAllen@telecomsys.com graham@nadelphelan.com info@liolios.com
SOURCE TeleCommunication Systems, Inc.
Photo:http://photos.prnewswire.com/prnh/20120503/PH99996LOGO
http://photoarchive.ap.org/
TeleCommunication Systems, Inc.
Web Site: http://www.telecomsys.com
TeleCommunication Systems' New In-Building Wireless Solutions Business Accelerates
More than $12 Million in Orders Received in the Past 12 Months from Enabling "Five-Bars" Reception
ANNAPOLIS, Md., Sept. 19, 2012 /PRNewswire/ -- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced that TCS' In-Building Wireless (IBW) program has received more than $12 million in orders over the past 12 months, including a new $2.9 million order from a major U.S. Department of Defense (DoD) medical campus. This order is part of an overall project for which TCS is to design and install a highly reliable and secure distributed antenna system covering 15 buildings on the medical campus. TCS IBW solutions provide secure, reliable communications inside structures where radio frequency (RF) signals typically do not penetrate, or become interrupted. TCS broadband satellite technologies and wireless local area network (WLAN/Wi-Fi) solutions can augment the IBW program, assuring the connectivity vital to workplace production in today's wireless environment.
With the proliferating use of wireless devices and applications for more than voice communication, professionals in many institutions increasingly depend on reliable access to broadband wireless service. For example, in hospitals and healthcare facilities, medical staff members need to easily, reliably and securely utilize telemedicine applications to access critical data anytime, anywhere. For each IBW customer, TCS performs a detailed system design that considers the existing technologies in the space where communications coverage is needed and analyzes the radio frequency environment. TCS has successfully implemented "five-bars" enhanced reception solutions for military medical campuses throughout the National Capital region enabling critical, life-saving support to active military personnel and veterans.
"Hospitals, government offices and commercial buildings need reliable, secure, 'carrier-agnostic' coverage for every part of their buildings," said Mike Bristol, senior vice president and general manager, Government Solutions Group for TCS. "Our customers recognize that TCS In-Building Wireless solutions provide their employees, guests and customers with vital coverage for mobile devices, including mobile telephones, laptop and tablet computers and two-way radios, and that's why we have been able to reach this important $12 million-plus mark in orders received."
TCS professionals address design, installation, testing and support. TCS helps medical facilities enhance telemedicine capability via high-speed broadband Internet, satellite, co-location and mobile capability to remote regions overseas. For more information on TCS IBW solutions, visit: http://www.telecomsys.com/services/in-building-wireless/default.aspx.
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' cyber security expertise, professional services, and highly secure deployable satellite solutions for mission-critical communications. Headquartered in Annapolis, MD, TCS maintains technical, service and sales offices around the world. To learn more about emerging and innovative wireless technologies, visit http://www.telecomsys.com.
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 the possibility that some of the revenue from the bookings will not mature, and those detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended December 31, 2011, and on Form 10-Q for the quarter ended June 30, 2012.
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.
(Logo: http://photos.prnewswire.com/prnh/20120503/PH99996LOGO )
Company Contact: Media Contact: Investor Relations:
TeleCommunication Systems, Inc. Nadel Phelan Liolios Group, Inc.
Meredith Allen Graham Sorkin Scott Liolios
410-295-1865 831-440-2406 949-574-3860
MAllen@telecomsys.com graham@nadelphelan.com info@liolios.com
SOURCE TeleCommunication Systems, Inc.
Photo:http://photos.prnewswire.com/prnh/20120503/PH99996LOGO
http://photoarchive.ap.org/
TeleCommunication Systems, Inc.
Web Site: http://www.telecomsys.com