From the Wires
TeleCommunication Systems Announces New African Sales Office
By: PR Newswire
Nov. 5, 2012 01:30 AM
-- African Wireless Communications Veteran Andy Minnaar to be Managing Director of New Office
ANNAPOLIS, Maryland and JOHANNESBURG, Nov. 5, 2012 /PRNewswire/ -- TeleCommunication Systems, Inc. (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced that it has opened a new sales office located in Johannesburg, South Africa. This office will be the focal point of the company's marketing and sales activities throughout Africa.
TeleCommunication Systems, Inc. has hired Andy Minnaar to serve as managing director of the new office, where he will be responsible for the operation and sales of the company's complete line of commercial software solutions, including Location-Based Services (LBS). He has more than a decade of communication technology and managerial experience in the African wireless sector, including in his previous position with Glenayre (acquired by Movius), where he spearheaded the company's voice messaging business in Africa, and made Movius the preferred voice messaging partner to the largest network operator on the continent.
TeleCommunication Systems, Inc. is a global leader in high-reliability location-based services. It provides complete, end-to-end wireless LBS solutions that include both branded and private-label applications, infrastructure, mapping and content for leading consumer brands, content providers and voice service providers worldwide. The company provided the world's first wireless location platform, and it is the industry's leading provider of LBS infrastructure. It also pioneered the development of several wireless applications, including text messaging, Internet content and hyper-local search, public safety services (E9-1-1, E1-1-2), and other enhanced communication services.
About TeleCommunication Systems, Inc.
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 TeleCommunication Systems' 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, 2011 and on Form 10-Q for the quarter ended June 30, 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.
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