TeleCommunication Systems Receives 13 U.S. Patents and One Foreign Patent Advancing Messaging, Wireless Data, Mobile Devices, Public Safety, GIS/Mapping and Solid State Drive Technologies

Supporting Quotes

Maurice B. Tose, TCS chairman, CEO and president, said, "These patents represent TCS' ongoing commitment to creating and monetizing leading technologies in the areas of wireless communications, public safety, location-based services and ruggedized solid-state drives. We also look forward to continuing our efforts to maximize the value of our intellectual property."

Bob Held, TCS senior director of intellectual asset management, said, "Through both licensing and partnership arrangements in core and non-core business areas, there is an abundance of opportunities to leverage our 270+ patents and other intellectual property worldwide."

With clear strengths in public safety, mobile location, messaging, and the wireless communication fields, TCS has created an impressive intellectual property portfolio. Meaningful partnerships with other industry-leading companies can be developed through direct licensing, cross licensing and joint venture agreements. For the year to date, TCS has filed 14 U.S. patents, bringing the total number of patents issued worldwide in the portfolio to 277, with over 360 patent applications pending worldwide.

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. Specifically, the statement that "there is an abundance of opportunities to leverage our 270+ patents and other intellectual property worldwide" is a forward-looking statement. Risks include without limitation the possibility that no licensing revenues will result from these efforts, and 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, 2012.

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:

Media Contact:

Investor Relations:

TeleCommunication Systems, Inc.

Nadel Phelan, Inc.

Liolios Group, Inc.

Meredith Allen

Graham Sorkin

Scott Liolios

410-295-1865

831-440-2406

949-574-3860

MAllen@telecomsys.com

graham@nadelphelan.com

info@liolios.com

SOURCE TeleCommunication Systems, Inc.

Contact:
TeleCommunication Systems, Inc.
Web: http://www.telecomsys.com

 



« Previous Page 1 | 2             



Review Article Be the first to review this article


Featured Video
Jobs
GIS Analyst (Dallas Police) for City of Dallas at Dallas, Texas
GIS ANALYST I.8030200 for Dallas County at DALLAS, Texas
Mechanical Engineer for Flextronics at Milpitas, California
Geodesign Manager for Design Workshop at Aspen, Colorado
Failure Analysis Engineer for Flextronics at Milpitas, California
Upcoming Events
The Democratizatino of UAV Mapping at Virtual Event CO - Sep 28, 2020
GIS-Pro 2020: A Virtual Experience at United States - Sep 29 - 2, 2020
Placekey - Coming October 2020 at United States - Oct 7, 2020
Earth Intelligence 2020 Summit at Virtual Alexandria VA - Oct 22, 2020
University of Denver GIS Masters Degree Online
INTERGEO:



© 2020 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise