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SOURCE TeleCommunication Systems, Inc.
Company Achieves High Rankings on Fast Twenty, Independent Top Twenty and Global Top Lists
ANNAPOLIS, Md., Feb. 11, 2014 /PRNewswire/ -- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced that the World Teleport Association (WTA), a leading organization that focuses on the business of satellite communications from the ground up, has recently named TCS to all three of its prominent lists for the sixth consecutive year. Rankings are reported in three categories: the Fast Twenty, Independent Top Twenty, and the Global Top Twenty. These rankings offer a unique look into the diverse teleport sector of the global communications industry and are the only independently compiled rankings of teleport-operating companies.
- TCS ranked third on the "Fast Twenty" list, advancing from fifth position in 2012. This list ranks all teleport-operating companies based on year-over-year revenue growth in their most recent fiscal years.
- TCS ranked third on the "Independent Top Twenty" list, moving up from sixth position in 2012. This list ranks companies based on total revenue from all sources, but excludes companies whose core business is ownership and operation of a satellite fleet or terrestrial network.
- TCS ranked 10th on the "Global Top Twenty" list, advancing from 15th position in 2012. This list ranks companies based on revenues from all customized communications sources and includes operators of teleports, satellite fleets and fiber networks.
- Complete rankings can be found at www.worldteleport.org.
TCS Government Solutions Group President Michael Bristol said: "These prestigious rankings on all three WTA lists independently validate TCS' position as a global leader in total communication solutions, delivering end-to-end, secure satellite communications and services to government and commercial organizations."
TCS owns and operates a 7-acre international teleport in Manassas, Virginia, which provides satellite bandwidth and managed teleport services worldwide. TCS' Manassas International Teleport houses seven earth stations with antennas ranging from 2.4 meters to 9.3 meters. In addition to this privately owned facility, TCS partners with a teleport facility in Köln, Germany, to offer near global coverage. Operating in Ku- and C-band, TCS teleport facilities are equipped to handle a variety of communication needs. TCS is the reliable choice for high-capacity voice, video and data communication. For more information, visit TCS teleports.
About World Teleport Association
Since 1985, the World Teleport Association (www.worldteleport.org) has focused on improving the business of satellite communications from the ground up. At the core of its membership are the world's most innovative operators of teleports, from independents to multinationals, niche service providers to global carriers. WTA is dedicated to advocating for the interests of teleport operators in the global telecommunications market and promoting excellence in teleport business practice, technology and 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' cybersecurity 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 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, 2012, and on Form 10-Q for the quarter ended September 30, 2013.
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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