From the Wires
TeleCommunication Systems Hosted Xypoint Location Platform Replaces nTelos Infrastructure for Location-Based Services
By: PR Newswire
Nov. 26, 2012 09:33 AM
ANNAPOLIS, Md., Nov. 26, 2012 /PRNewswire/ -- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced the successful deployment of its Xypoint Location Platform (XLP®), which now supplies nTelos wireless with mobile Location-Based Services (LBS) infrastructure. nTelos wireless needed a flexible replacement solution that could be supplied rapidly while providing subscribers with uninterrupted location services.
The XLP is a standards-based location infrastructure which provides both cell-ID and precise A-GPS location and is hosted in the industry's only TL-9000 certified hosting facility. This comprehensive and scalable hosted solution consists of hardware, software, maintenance and around-the-clock operation. With this all-inclusive LBS infrastructure, nTelos wireless will continue to provide precise location information for applications for its customers while avoiding operational and logistical burdens.
With the addition of nTelos wireless, TCS now supplies its XLP location platform to 35 mobile operators worldwide. Berg Insight's recent LBS platform study identifies TCS as the global leader in providing precise location infrastructure to mobile operators.
TCS' ability to quickly deploy a complete hosted location infrastructure – as well as a suite of LBS applications such as navigation, family finder and workforce locator – helps mobile operators reduce time to market, lower implementation costs and eliminate integration problems associated with new location services, achieving a higher return on investment in record time.
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 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, 2011 and on Form 10-Q for the quarter ended September 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. TCS 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.
SOURCE TeleCommunication Systems, Inc.
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