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TCS Prepares for Record Breaking Text Messaging Volume on New Year's Eve
(Marketwire Via Acquire Media NewsEdge) ANNAPOLIS, MD, December 23 / MARKET WIRE/ --
TeleCommunication Systems, Inc. (TCS)
(NASDAQ: TSYS), a leading provider of mission-critical wireless
communications, today announced that the company expects its customers'
platforms to deliver a record number of text messages this New Year's Eve
across its globally deployed Short Message Service Centers (SMSCs). Based
on previous years' statistics and the threefold increase in deployed
platforms in 2008 compared to 2007, TCS anticipates peak text messaging
volume on New Year's Eve to be more than 80 percent greater than any peak
seen in 2008, and four times greater than last year's New Year's Eve spike.
TCS technology has already delivered a record 130 billion text messages
during the first three quarters of 2008 and is on track to deliver close to
200 billion messages for the year, more than doubling the volume of 2007.
TCS technology was responsible for approximately 25 percent of the
CTIA-reported total U.S. 363 billion messages sent in 2007.
To support peak messaging activity, such as New Year's Eve and popular
televoting events, TCS' next generation smsExpress(TM)
(http://www.telecomsys.com/downloads/carriers/pdf/brochure_smsExpress.pdf)
solution provides carriers with high capacity performance via an optimized
first delivery attempt. TCS' smsExpress is a proven and cost-effective
solution that provides intelligent SMS routing for traffic bursts that
generate high text message volume over a short period of time. Operators
count on the TCS next generation SMSC to reliably and flawlessly deliver
these messages, and they do not have to compromise their needs for
guaranteed message delivery with the "fire and forget" approach commonly
associated with most televoting solutions.
"TCS looks forward to seamlessly supporting the explosive burst in
messaging traffic this holiday season," said Drew Morin, TCS Chief
Technology Officer and Senior Vice President. "Text messaging has become an
important and cost-effective communications method, which can be reliably
delivered even when a voice call would run into congestion. In 2009, we
will continue to support wireless operators with additional innovative
messaging services to strategically position their opportunity for growth
in SMS revenues."
TCS customers typically see a 10-20 percent spike in messaging traffic on
peak event days such as the Super Bowl, Mothers Day, Thanksgiving and
Christmas. TCS expects that the upcoming historical Presidential
inauguration will similarly generate a significant spike in traffic, more
so than any other in the past.
TCS is a leading provider of software to U.S. wireless carriers for text
messaging. TCS Short Message Service systems include its Short Message
Service Center (SMSC) platform and related Wireless Intelligent Gateway
(WIG), which also has Location-Based services functions. The TCS Next
Generation SMSC supports store and forward, first delivery attempt and
voting capabilities over standard air interfaces as well as over mobile
broadband. The WIG manages communication between wireless devices and
Internet Protocol (IP) services, including email, content services, and
other applications. TCS Alerts(TM) provides geographic targeted messaging
compatible with the Commercial Mobile Alerts System (CMAS) used for
emergency alerting via cell broadcast technology. The company's fully
integrated, end-to-end messaging solutions support standard protocols and
architectures including XML, SOAP, SSO, SIGTRAN, SS7, Diameter, SIP, and
IMS.
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 report on Form
10-K for the year ended December 31, 2007 and Form 10-Q for the quarter
ended September 30, 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
410-295-1865MAllen@telecomsys.com
Media Contact:
Welz & Weisel Communications
Evan Weisel
703-218-3555evan@w2comm.com
Investor Relations:
Liolios Group, Inc.
Scott Liolios
949-574-3860info@liolios.com
Copyright ? 2008 Marketwire
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