ANNAPOLIS, Md., May 31, 2012 /PRNewswire/ -- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced that its TCS OS-IRIS offering has been added to the General Services Administration (GSA) and Defense Information Systems Agency's (DISA) Future COMSATCOM Services Acquisition (FCSA) contract program, via TCS' GSA Schedule 70 contract. This enables Department of Defense agencies and all other federal agencies to purchase the world's first and only operating Internet Routing In Space (IRIS) managed satellite services through this new contract for commercial satellite communications.
Hosted on Intelsat 14, TCS OS-IRIS allows organizations to directly connect sites on multiple continents, eliminating latency inherent with double satellite hops and bypassing the otherwise-required connection to a commercial teleport. The TCS OS-IRIS solution enables voice, data and video traffic over a single IP network, increasing efficiency and flexibility. Organizations will benefit from increased bandwidth availability, optimization tools and application flexibility delivered by TCS through an end-to-end Cisco secure IP network.
"Now, via the addition to the FCSA contract program, TCS provides agencies in the federal government with easier access to the world's most advanced routed COMSATCOM solution," said Michael Bristol, senior vice president and general manager of government solutions at TCS. "This contract also gives these agencies the ability to purchase TCS OS-IRIS services at a very competitive price."
For nearly 25 years, TCS has been a trusted provider of communication technology solutions for the government's toughest technical challenges, under conditions that demand the highest level of reliability, availability and security. TCS provides 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.
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 the potential that the agreement could be canceled, 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, 2011, and on Form 10-Q for the quarter ended March 31, 2012.
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.