TeleCommunication Systems Named Sole Awardee on $140 Million Contract to Deliver U.S. Marine Corps Integrated Communications Systems
Initial Funding of $17.6 Million Provides Equipment and Field Services Support for Wireless Point-to-Point Link-Delta (WPPL-D) Solutions
(firmenpresse) - ANNAPOLIS, MD -- (Marketwire) -- 09/06/11 -- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced that it was named the sole awardee of a delivery order with a potential value of $139.8 million through July 2012. This new order provides Wireless Point to Point Link (WPPL) systems, field support engineers who are pre-positioned to provide support and maintenance, associated in-theater programs, and ancillary equipment.
TCS has received initial funding of $17.6 million to provide the U.S. Marine Corps (USMC) hardware and field services support to assist military personnel in the setup, configuration, alignment, operation, troubleshooting, maintenance, repair and upgrades of existing WPPL-D systems at various locations. The U.S. Army Project Manager for the Warfighter Information Network-Tactical (PM WIN-T) Commercial Satellite Terminal Program (CSTP) is managing these procurements through the Army's $5 billion World-Wide Satellite Systems (WWSS) contract vehicle.
The TCS WPPL-D system provides secure point-to-point and point-to-multipoint, line-of-sight and non-line-of-sight transmission of voice, video, and data communications. WPPL enables the USMC to close the gap on the "last digital mile," pushing data services to the network edge using a low-cost alternative to more-expensive beyond-line-of-sight satellite communications.
"In today's theater of operation, information is often the most powerful weapon at our warfighters' disposal," stated Michael Bristol, senior vice president and general manager of government solutions at TCS. "TCS supports WPPL-D with the most professional resources, proven processes, and tested equipment to continue backing of the U.S. Marine Corps' mission."
TCS integrated global support services harness more than 20 years experience serving Integrated Logistics Support (ILS) customers in CONUS, OCONUS and war zones. Combining satellite, wireless, and advanced network engineering services with in-theater facilities and staff, TCS ILS quickly and cost-effectively supplements the military's support requirements in the installation and maintenance of communications networks around the globe.
TCS has established a proven track record for more than two decades as a provider of trusted communication technology solutions to solve the government's toughest technical challenges, under conditions that demand the highest level of reliability, availability and security. To ensure mission continuity, TCS offers deployable highly-secure communications solutions and complete end-to-end managed services for converged (IP-based) voice, video and data solutions to organizations requiring seamless and secure connectivity between fixed sites and remote operations.
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 .
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 the contract options will not be exercised, or that the total value of the order will not be fully funded, and 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.
TeleCommunication Systems, Inc.
Meredith Allen
410-295-1865
Welz & Weisel Communications
Evan Weisel
703-218-3555
Liolios Group, Inc.
Scott Liolios
949-574-3860
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Datum: 06.09.2011 - 05:30 Uhr
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