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TCS Awarded Five-Year $25 Million Department of Defense IDIQ Contract

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-09-12
ANNAPOLIS, MD--(MARKET WIRE)--Sep 12, 2007 -- TeleCommunication Systems, Inc. (TCS)(NasdaqGM: - ), a global leader in mission-critical wirelesscommunications, today announced it has been awarded a five-year,$25million indefinite-delivery, indefinite-quantity (IDIQ)contract to supportthe Department of Defense (DoD). Under the contract terms,TCS willdeliver secure next-generation SwiftLink® communicationsproducts andservices to support DoD initiatives. The initial task ordersare valued atover $6.2 million and we anticipate delivering the productspurchased onthose orders within 90 days.

"TCS has a proven track record of delivering reliable andsecurecommunications solutions for the DoD to help meet ongoingmissions bothhere at home as well as around the globe," said MauriceB. Tosé, Chairman,President and CEO for TCS. "Our past performance demonstratesthat we havethe ability to rapidly deploy and deliver these communicationssolutions toensure that the DoD achieves success."

TCS meets the Information Technology (IT) and communicationneedsof government and military customers with innovative services,highlyreliable deployable communication solutions, and managedsatellite servicesto provide seamless and secure connectivity between theirhome operationsat fixed facilities and their field activities.

ABOUT TELECOMMUNICATION SYSTEMS, INC.

TeleCommunication Systems, Inc. (TCS) (NasdaqGM: - ) produceswireless datacommunications technology solutions that require provenhigh levels ofreliability. TCS provides wireless and VoIP E9-1-1 network-basedservices,secure deployable communication systems and engineered satellite-basedservices, and commercial location applications, like trafficandnavigation, using the precise location of a wireless device.Customersinclude leading wireless and VoIP carriers around the world,and agenciesof the U.S. Departments of Defense, State, and HomelandSecurity. For moreinformation, visit .

Except for the historical information contained herein,this news releasecontains forward-looking statements as defined within Section27A of theSecurities Act of 1933, as amended, and Section 21E of theSecurities andExchange Act of 1934, as amended. These statements are subjectto risksand uncertainties and are based upon TCS' current expectationsandassumptions that if incorrect would cause actual resultsto differmaterially from those anticipated. Risks include the statementthat $6.2million dollars of products are anticipated to be deliveredwithin 90 days,and those risks detailed from time to time in the Company'sSEC reports,including the report on Form 10-K for the year ended December31, 2006 andForm 10-Q for the quarter ended June 30, 2007.

Existing and prospective investors are cautioned not toplace unduereliance on these forward-looking statements, which speakonly as of thedate hereof. The Company undertakes no obligation to updateor revise theinformation in this press release, whether as a result ofnew information,future events or circumstances, or otherwise.

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