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TSYS (MM)

4.99
0.00 (0.00%)
16 Jul 2024 - Closed
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 and OpenTable Partner to Deliver OpenTable for Mobile Web

01/04/2009 12:30pm

Marketwired


Telecommunication Systems (NASDAQ:TSYS)
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CTIA -- Booth # 8706 -- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a leader in wireless location infrastructure and applications, today announced its relationship with OpenTable, Inc., the leading provider of free, real-time online restaurant reservations, to empower its mobile users with enhanced wireless reservation capabilities, including additional customized services and the synchronization between mobile and computer reservation services.

Working with OpenTable, TCS developed OpenTable for Mobile Web utilizing wireless application protocol or WAP so that customers can look up restaurants, check availability, and book or cancel reservations through their mobile devices. Now, through TCS' technology, OpenTable for Mobile Web users benefit from a seamless integration between desktop and mobile services, permitting users for the first time to view changes made from their computers on their mobile devices and vice versa.

"Because of its long history and success in creating and delivering wireless and location services, TCS was the ideal partner to help design the OpenTable for Mobile Web service and bring the convenience of our online reservation services to the mobile user," said Mike Xenakis, OpenTable's senior vice president of product management. "Now, mobile users can take the power of OpenTable.com with them wherever they go, to instantly find and book available tables at more than 10,000 restaurants."

The service is hosted and integrated with TCS' leading XypointŪ Mapping Server, allowing users to quickly and easily select restaurants and make reservations based on their exact location. Xypoint Mapping Server, a location-based services platform, enables the development and deployment of location services within new and existing applications. Supporting Web, mobile and on-board clients, Xypoint Mapping Server provides a technology platform for client applications to request and receive location, routing and point-of-interest information, as well as generate maps and directions.

"As consumers continue to become more reliant on their mobile devices, wireless applications are becoming crucial to the success of many businesses," said Drew Morin, Senior VP, Chief Technology Officer, TCS. "We take pride in providing industry leading wireless and location-based services that meet the unique and often mission critical needs of our customers. Through this relationship, OpenTable is expanding the flexibility and functionality of OpenTable reservation services, improving ease-of-use and accessibility, regardless of location."

The OpenTable mobile site is designed to mimic the simple, streamlined reservation process offered on OpenTable.com, allowing users to quickly identify restaurants with available tables and narrow their choices by neighborhood and desired times. OpenTable Mobile for Web is currently available to book reservations at all OpenTable restaurants in the United States. In order to take advantage of OpenTable Mobile for Web, users must have a Web-enabled mobile device and subscribe to a data plan with their carrier. OpenTable does not charge users to access the site or book restaurant reservations; however, standard data and text messaging charges from users' mobile carriers may apply.

To learn more about TCS and OpenTable's relationship, stop by Booth 8706 at CTIA WIRELESS 2009 taking place at the Las Vegas Convention Center, April 1-3.

About OpenTable, Inc.

OpenTable is a leading provider of free, real-time online restaurant reservations for diners and reservation and guest management solutions for restaurants. The OpenTable network delivers the convenience of online restaurant reservations to diners and the operational benefits of a computerized reservation book to restaurants. OpenTable has more than 10,000 restaurant customers, and since its launch in 1999, has seated more than 90 million diners around the world. The company is headquartered in San Francisco, California, and the OpenTable service is available throughout the United States, as well as in Canada, Japan, Mexico, and parts of Europe.

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. Those risks are detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended December 31, 2008.

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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