Company Achieves Ranking in Global Top Twenty, Fast Twenty, and Independent Top Twenty Lists
ANNAPOLIS, MD, Nov 29, 2010 — TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced that the World Teleport Association (WTA), a leading organization that focuses on the business of satellite communications from the ground up, has named TCS to all three of its prestigious lists for the third consecutive year. Rankings are reported in three categories: the Independent Top Twenty, the Global Top Twenty, and the Fast Twenty. These rankings offer a unique look into the diverse teleport sector of the global communications industry and are the only independently compiled rankings of teleport operating companies. Complete rankings can be found at: www.worldteleport.org
For the third consecutive year, TCS achieved the “Global Top Twenty,” ranking eighteenth on this prestigious list of companies based on revenues from all customized communications sources and includes operators of teleports, satellite fleets, and fiber networks. The company made the “Fast Twenty” list for the fifth consecutive year, ranking tenth this year. This list ranks all teleport-operating companies based on year-over-year revenue growth in their most recent fiscal years. In addition, TCS maintained its position of seventh on the “Independent Top Twenty” which ranks companies based on total revenue from all sources, but excludes companies whose core business is ownership and operation of a satellite fleet or terrestrial network.
“TCS’ prominent ranking on all three WTA lists independently validates our progress as a leading value-added systems integrator providing total communication solutions globally,” said Michael Bristol, general manager and senior vice president of the Government Solutions Group for TCS. “We have a proven track record of success delivering end-to-end, secure satellite communications and services to government and commercial organizations, and we anticipate that 2011 will be yet another strong growth year.”
The TCS owned and operated teleport is located in Manassas, Virginia, with partnerships in Koln and Fuchstadt, Germany; and London, England. Operating in Ku and C-Band, TCS facilities are equipped to handle a variety of communication needs. TCS is the reliable choice for high capacity voice, video, and data communication over IP-based networks required for Voice over IP (VoIP), multimedia, Internet, and messaging data. For more information on TCS teleports, visit: http://www.telecomsys.com/services/managed-satellite-services/default.aspx
About World Teleport Association
Since 1985, the World Teleport Association (WTA) has focused on improving the business of satellite communications from the ground up. At the core of its membership are the world’s most innovative operators of teleports, from independents to multinationals, niche service providers to global carriers. WTA is dedicated to advocating for the interests of teleport operators in the global telecommunications market and promoting excellence in teleport business practice, technology and operations.
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 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 on Form 10-Q for the quarter ended September 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.
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