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TCS Unveils Two New Location-Based Services at CTIA7 April 2006
isde-activation of handsets due to lost and stolen phones. With theintroduction of TCS Handset Locator, the first service of its kind in theindustry, carriers can now offer their subscribers a "find my cell phone"service to locate missing handsets. If a handset is lost, stolen ormisplaced, subscribers can go online and access a Web portal to find thelast location of the missing phone and the determine the current batterylevel. When the phone reaches a critically low battery level, the servicewill automatically determine the handset's location so that a "last knownlocation" can be accessed by the user. The service is billed monthly or ona per-use basis. TCS Handset Locator will be available later this year.
"With the introduction of these two new location-based services, TCScontinues to demonstrate our innovation and market leadership in developingand delivering services that subscribers demand while opening up new linesof revenue for carriers," said Drew Morin, Senior Vice President and ChiefTechnology Officer for TCS. "What if you could recover your lost cellphone? How many times have you been in an unfamiliar area and you needed tofind a gas station or a place to eat? These services address theall-too-familiar situations."
TCS will demonstrate TCS Handset Locator and TCS Places in TCS' booth,number 1635, at Cellular Telecommunications and Internet Association (CTIA)Wireless 2006, the wireless industry's largest international tradeshow,being held April 5-7 at the Las Vegas Convention Center, Las Vegas, Nevada.
ABOUT TELECOMMUNICATION SYSTEMS, INC.
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) is a leading providerof mission-critical wireless communications to carriers, enterprise andgovernment customers. TCS-designed systems include location-relevantsolutions for consumer brands. TCS' wireless data offerings includelocation-based Enhanced 9-1-1 services, and messaging and location serviceinfrastructure for wireless operators; real-time market data and alerts tofinancial institutions; mobile asset management and mobile office solutionsfor enterprises; and encrypted satellite communications to governmentcustomers. For more information, visit TCS in booth 1635 at CTIA Wireless2006 in Las Vegas or the company's Web site at telecomsys.com.
This announcement contains forward-looking statements within the meaning ofSection 27A of the Securities Act of 1933, as amended, and Section 21E ofthe Securities and Exchange Act of 1934, as amended. These statements arebased upon TCS' current expectations and assumptions that are subject to anumber of risks and uncertainties that would cause actual results to differmaterially from those anticipated.
The actual results realized by the Company could differ materially from thestatements made herein, depending in particular upon the risks anduncertainties described in the Company's filings with the Securities andExchange Commission (SEC). These include without limitation risks anduncertainties relating to the Company's financial results and the abilityof the Company to (i) reach and sustain profitability when anticipated,(ii) continue to rely on its customers and other third parties to provideadditional products and services that create a demand for its products andservices, (iii) conduct its business in foreign countries, (iv) adapt andintegrate new technologies into its products, (v) expand its businessofferings in the new wireless data industry, (vi) develop software andprovide services without any errors or defects, (vii) protect itsintellectual property rights, and (viii) implement its sales and marketingstrategy.
Existing and prospective investors are cautioned not to place unduereliance on these forward-looking statements, which speak only as of thedate hereof. The Company undertakes no obligation to update or revise theinformation in this press release, whether as a result of new information,future events or circumstances, or otherwise.
Media Contacts:TeleCommunication Systems, Inc.Rita Thompson410-295-1865Email Contact
Welz & Weisel CommunicationsJane Bryant703-323-6006Email Contact
SOURCE: TeleCommunication Systems, Inc.
Source: marketwire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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