Commercial Services Available Immediately
ANNAPOLIS, MD, May 16, 2011 -- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced the immediate availability of commercial service for the Cisco Internet Routing in Space (IRIS) solution using the Cisco(R) 18400 Space Router on Intelsat IS-14. This industry-first solution enables the convergence of satellite communications and existing information technology infrastructure. Following the initial agreement announcement on February 17, there has been significant interest from multinational, government, and enterprise sectors.
The launch of TCS OS-IRIS managed services will allow organizations to reach four continents in a single satellite hop from a single connection to TCS' infrastructure. The converged Cisco IRIS solution delivers optimized voice, data and video traffic over a single IP network for increased efficiency and flexibility compared to more fragmented traditional satellite communication networks. Customers benefit from increased bandwidth optimization and application flexibility delivered by TCS through an end-to-end Cisco IP network.
"IRIS brings a unique opportunity to satellite users to reduce latency and decrease lifecycle costs across a network," said Michael Bristol, general manager and senior vice president of government solutions for TCS. "Introducing the commercial offering solidifies both Cisco's and our commitment to bringing innovation and market disruptors such as IRIS to the forefront of the marketplace. With significant interest across multiple vertical markets, we anticipate a highly successful and rapid adoption of this service."
For more information visit: TCS OS-IRIS.
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 our anticipation of a highly successful and rapid adoption of this new service, and 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, 2010 and on Form 10-Q for the quarter ended March 31, 2011. 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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SOURCE: TeleCommunication Systems, Inc.