TCS Backs Federal Communications Commission's Efforts to Develop National Commercial Mobile Alert System
April 24 2008 - 7:02AM
Marketwired
ANNAPOLIS, MD (NASDAQ: TSYS), a leading provider of
mission-critical wireless communications, today announced that it
has joined national wireless carriers in support of the Federal
Communications Commission's (FCC) Commercial Mobile Alert System
(CMAS). The CMAS is intended to transmit geographically targeted
emergency alert text messages conveying imminent emergency
threats.
"TCS applauds and fully supports the FCC's ruling on the
development of a national emergency alert program," stated Maurice
B. Tos�, President and Chief Executive Officer of TCS. "During
times of emergency, it is critical to put accurate and timely
information directly into the hands of consumers. With our strength
as a leading player in consumer wireless safety, combined with our
experience in delivering billions of text messages daily, we look
forward to the opportunity to work with the government and wireless
operators to make CMAS a reality."
The FCC summarized the alerts that devices would receive under
the system:
-- Presidential Alerts - national emergency-related alerts delivered to
the American public that would preempt any other pending alerts
-- Imminent Threat Alerts - alerts with information on emergencies that
may pose an imminent risk to people's lives or well being
-- Child Abduction Emergency/AMBER Alerts - alerts related to missing or
endangered children due to an abduction or runaway situation
"This system has the potential to significantly impact the way
Americans receive critical warnings on the go, whether they are at
home, work, or vacationing," FCC Chairman Kevin Martin said in a
statement.
TCS' Wireless E-911 system is used to automatically pinpoint
wireless caller location information and ensure that consumers'
emergency calls are routed to the appropriate public safety
answering point (PSAP). TCS not only provides Wireless E-911
service for over 140 million cell phone subscribers today, the
company also delivered 80 billion text messages in the U.S. last
year, representing about 25% of the total 363 billion messages as
reported by the Cellular Telecommunications and Internet
Association (CTIA).
About TeleCommunication Systems, Inc.
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) produces
wireless data communications technology solutions that require
proven high levels of reliability. TCS provides wireless and VoIP
E9-1-1 network-based services, secure deployable communication
systems, engineered satellite-based services, and commercial
location applications, like traffic and navigation, using the
precise location of a wireless device. Customers include leading
wireless, cable MSOs, and VoIP carriers around the world, and
agencies of the U.S. Departments of Defense, State, and Homeland
Security. For more information, 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 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, 2007.
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.
Media Contacts: TeleCommunication Systems, Inc. Meredith Allen
410-295-1865 MAllen@telecomsys.com Welz & Weisel Communications
Evan Weisel 703-218-3555 evan@w2comm.com
Telecommunication Systems (NASDAQ:TSYS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Telecommunication Systems (NASDAQ:TSYS)
Historical Stock Chart
From Jul 2023 to Jul 2024