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TSYS (MM)

4.99
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
(MM) NASDAQ:TSYS NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.99 0 01:00:00

TeleCommunication Systems Wins 2009 TMCnet.com Cable Product of the Year Award for LivewirE911(TM)

20/01/2010 12:00pm

Marketwired


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TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a leading provider of mission-critical wireless communications, today announced that LivewirE911(TM) has received a 2009 Cable Product of the Year Award from TMCnet. LivewirE911 is a call routing engine that allows cable multi-system operators (MSOs) and Voice over Internet Protocol (VoIP) service providers (VSPs) to rapidly and efficiently route 9-1-1 calls to Public Safety Answering Points (PSAPs) with real-time location validation.

With LivewirE911, TCS has delivered to the public safety community a NENA standards-based platform designed with cable MSOs in mind. LivewirE911 gives the cable MSOs the ability to automate most of the exhaustive data provisioning activity while ensuring accuracy and integrity of the data. The LivewirE911 platform also ensures data transparency and real-time data management through a rich Web based interface for data management. A number of voice providers have been using TCS' suite of 9-1-1 technologies that include RAVE911 -- TCS' award winning address validation service and TCS' LivewirE911 platform for 9-1-1 call routing and location delivery.

"TCS is proud to receive this award, as it further validates our leadership in providing best-in-class emergency location services," said Dan Allen, senior vice president of service bureau operations for TCS. "In addition to accurately routing the 9-1-1 call, LivewirE911 delivers the correct identity and location information to the appropriate emergency dispatching station or PSAP, minimizing risk and decreasing critical response times. As we continue to see VoIP grow among organizations and consumers, we pride ourselves on providing innovative technology solutions that will help keep them safe and properly route them to emergency aid when needed."

TCS' LivewirE911 service offers an alternative method to the traditional fixed-line (legacy) 9-1-1 service, providing reliable emergency services to VoIP subscribers by offering real-time universal provisioning and location validation interface. LivewirE911 does this by using location information embedded inside the signaling received directly from the device in addition to location records provisioned in a Location Information Server (LIS) as defined per NENA i2 standards.

"Cable.TMCnet.com is pleased to grant TCS a 2009 Product of the Year Award for their product, LivewirE911. TCS has proven they are committed to quality and excellence while addressing real needs in the marketplace," said Rich Tehrani, CEO, TMC. "We're proud to honor their accomplishments in the advancement of the cable technology industry."

The 1st Annual Cable.TMCnet.com Product of the Year Award winners shall be featured on the Cable.TMCnet.com Web site and published in its e-newsletter. For more information about the 2009 Cable.TMCnet.com Product of the Year Awards or any of the TMC media properties, please visit www.tmcnet.com.

About TeleCommunication Systems, Inc.

TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) engineers and delivers highly reliable wireless communications technology. TCS is a leader in wireless text messaging and location-based technology, including E9-1-1 services and commercial applications like navigation that use the precise location of a wireless device, and secure satellite-based communications systems and services. Customers include leading wireless and VoIP carriers around the world, cable MSOs, automotive telematics vendors, and agencies of the U.S. Departments of Defense, State, and Homeland Security. TCS is one of six primary vendors on a $5 billion Army Worldwide Satellite Systems Contract vehicle. 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 without limitation 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, 2008 and Form 10-Q for the quarter ended September 30, 2009.

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.

Company Contact: TeleCommunication Systems, Inc. Meredith Allen 410-295-1865 MAllen@telecomsys.com Media Contact: Welz & Weisel Communications Evan Weisel 703-218-3555 evan@w2comm.com Investor Relations: Liolios Group, Inc. Scott Liolios 949-574-3860 info@liolios.com

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