TeleCommunication Systems Recognized as a Top Teleport Operator of 2010 by the World Teleport Association
30 November 2010 - 4:30AM
Marketwired
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 named TCS to all
three of its prestigious lists for the third consecutive year.
Rankings are reported in three categories: the Independent Top
Twenty, the Global Top Twenty, and the Fast 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. Complete rankings can be
found at: www.worldteleport.org
For the third consecutive year, TCS achieved the "Global Top
Twenty," ranking eighteenth on this prestigious list of companies
based on revenues from all customized communications sources and
includes operators of teleports, satellite fleets, and fiber
networks. The company made the "Fast Twenty" list for the fifth
consecutive year, ranking tenth this year. This list ranks all
teleport-operating companies based on year-over-year revenue growth
in their most recent fiscal years. In addition, TCS maintained its
position of seventh on the "Independent Top Twenty" which 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' prominent ranking on all three WTA lists independently
validates our progress as a leading value-added systems integrator
providing total communication solutions globally," said Michael
Bristol, general manager and senior vice president of the
Government Solutions Group for TCS. "We have a proven track record
of success delivering end-to-end, secure satellite communications
and services to government and commercial organizations, and we
anticipate that 2011 will be yet another strong growth year."
The TCS owned and operated teleport is located in Manassas,
Virginia, with partnerships in Koln and Fuchstadt, Germany; and
London, England. Operating in Ku and C-Band, TCS facilities are
equipped to handle a variety of communication needs. TCS is the
reliable choice for high capacity voice, video, and data
communication over IP-based networks required for Voice over IP
(VoIP), multimedia, Internet, and messaging data. For more
information on TCS teleports, visit:
http://www.telecomsys.com/services/managed-satellite-services/default.aspx
About World Teleport Association Since
1985, the World Teleport Association (WTA) 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' 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 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, 2009, and on Form 10-Q
for the quarter ended September 30, 2010.
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 Email Contact Media Contact: Welz &
Weisel Communications Evan Weisel 703-218-3555 Email Contact
Investor Relations: Liolios Group, Inc. Scott Liolios
949-574-3860 Email Contact
Telecommunication Systems (NASDAQ:TSYS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Telecommunication Systems (NASDAQ:TSYS)
Historical Stock Chart
From Jul 2023 to Jul 2024