ANNAPOLIS, Md., July 11, 2013 /PRNewswire/
-- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a
world leader in highly reliable and secure mobile communication
technology, today announced it has been selected as one of six
awardees under a Command, Control, Communications and Computer (C4)
Support contract. The multiple-awardee, Indefinite Delivery –
Indefinite Quantity (IDIQ) vehicle has an estimated ceiling of
$48 million over three years, with a
maximum award to each awardee of $8
million, unless amended higher by the contracting
officer.
News Facts:
- This contract enables Department of Defense agencies to
purchase TCS' family of C4 support services, including systems
analysis support, systems integration support and operational
systems support.
- Individual task orders will be awarded through the Department
of the Army, Program Executive Office, Enterprise Information
Systems (PEO EIS).
- This contract replaces the Integration, Production, Training
and Lifecycle Sustainment Support on C4 Communications System for
Tactical & Wideband/Vehicular/Shipboard & Aircraft
Platforms contract and options.
For the past 25 years, TCS has established a proven track record
as a trusted provider of communication technology solutions to
solve the government's toughest technical challenges, under
conditions that demand the highest level of reliability,
availability and security. To ensure mission continuity and to meet
the need for more flexible, mobile wireless services, TCS
TotalCom® offers deployable, highly secure communication
solutions and complete end-to-end managed services for converged
(IP-based) voice, video and data solutions to organizations
requiring seamless and secure connectivity between fixed sites and
remote operations around the world.
Supporting Quote:
TCS Government Solutions Group President Michael Bristol said: "TCS has enjoyed a
good working relationship with the PEO EIS for several years, with
exceptional past performance on previous task orders on similar
IDIQs. This contract is further proof that our C4 support, which we
provide at a competitive cost, is meeting the government's needs.
TCS was an awardee under the previous contract, and we look forward
to continuing our efforts for the next three years."
Supporting Resource:
- TCS Professional & Technical Services
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, follow TCS@TeleComSys on Twitter or like TCS on
Facebook.
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 the possibility that
TCS will not win task orders under the contract, that orders do not
get fully funded, and 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,
2012, and on Form 10-Q for the quarter ended
March 31, 2013.
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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Company
Contact:
|
Media
Contact:
|
Investor
Relations:
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TeleCommunication
Systems, Inc.
|
Nadel Phelan,
Inc.
|
Liolios Group,
Inc.
|
Meredith
Allen
|
Graham
Sorkin
|
Scott
Liolios
|
410-295-1865
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831-440-2406
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949-574-3860
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MAllen@telecomsys.com
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graham@nadelphelan.com
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info@liolios.com
|
SOURCE TeleCommunication Systems, Inc.