|TeleCommunication Systems to Provide Navigation Solution for AT&T Drive Studio|
ANNAPOLIS, Md., Sept. 9, 2014 /PRNewswire/ — TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure wireless communication technology, today announced that it is providing its navigation solution for AT&T Drive Studio. As part of this agreement, AT&T is integrating the TCS Location ToolKit within the AT&T Drive Studio.
TCS Commercial Software Group President Jay Whitehurst, said: “TCS is committed to expanding the availability of navigation services in today’s connected cars, and delivering a superior in-car experience to drivers. The TCS Location ToolKit is a highly reliable, high performance platform that enables mobile operators, automotive manufacturers and third-party developers to deliver fast and incredibly easy-to-use navigation and location-centric information to people on the move.”
With more than a decade of experience in navigation and automotive telematics, TCS provides a variety of products and services for connected cars, enabling the rapid deployment of mapping, directional, and other location-based services, utilizing patent-pending technologies. With a customizable human machine interface, TCS provides easy-to-use, flexible, and cost-effective solutions for automotive suppliers, manufacturers, aggregators, and their customers.
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About TeleCommunication Systems, Inc.
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 report on Form 10-K for the year ended December 31, 2013 and on Form 10-Q for the quarter ended June 30, 2014.
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.