ANNAPOLIS, MD, Oct 14, 2010 — TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology today announced its participation as an invited partner at the Innovation-Transformation Summit 2010 sponsored by Huawei Technologies Co., Ltd. in Shenzhen, China on October 11th and 12th. TCS demonstrated its Xypoint(R) LBS Solutions in the event’s Exhibition & Experience Center.
ABI Research forecasts that global LBS carrier revenue will grow from $2.6 billion in 2009 to $13 billion in 2013. To this end, TCS’ products and services support Huawei’s ability to offer best-in-class location solutions so that its carrier customers may tap into the emerging LBS market.
Drew Morin, chief technology officer for TCS stated, “TCS has an established track record of delivering innovative LBS solutions to wireless operators for more than a decade, and we were honored to be included in this invitation-only forum to demonstrate our proven location-based services to their customers.”
The Xypoint LBS Solutions demonstrated by TCS included:
Gateway Mobile Location Center (GMLC), which coordinates activities to ensure that a location is obtained and returned to the requesting application;
Serving Mobile Location Server (SMLC), used for determining the coordinates of a handset based on network measurements;
Secure User Plane Location (SUPL) servers, which support Assisted-GPS precise location determination, enabling commercial services for applications that require precise positioning (e.g. Navigation, Workforce Locator, Family Locator); and
Location Services Gateway, which serves as the interface between the LBS platform components and LBS applications using standards based communication protocols, and provides privacy, authentication, authorization, and transaction assurance
With Xypoint LBS Solutions, operators enable network and handset based locations services which drive data ARPU and connected device revenues.
TCS has delivered world-class LBS solutions to more than 50 wireless carrier networks in North America, South America, Europe, Australia, and Asia. TCS was the first to demonstrate the use of location technologies in support of emergency services, deploying the first wireless E9-1-1 solution in the United States, and was the first company to deploy a commercial precise location infrastructure in Europe to support UMTS. TCS has provided proven precise location technology for in-network deployments or via world-class hosting solutions, employing different business models and pricing methods to adapt to customers’ specific needs. TCS has also built and launched navigation and mapping-based applications in mature and emerging global markets.
About TeleCommunication Systems
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) is a world leader in high availability 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 and professional services. Headquartered in Annapolis, MD, TCS maintains technical, service and sales offices around the world. To learn more about emerging and innovative wireless technologies, visit 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 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, 2009 and Form 10-Q for the quarter ended June 30, 2010.
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
Media Contact:
Welz & Weisel Communications
Evan Weisel
703-218-3555
Investor Relations:
Liolios Group, Inc.
Scott Liolios
949-574-3860
