BeaconEquity.com - TeleCommunication Systems Inc. Secures $15.8 Million in Contracts with the Federal Government
Many software companies enhance their products by offering more efficient and unique features, setting themselves apart from other competitors in the booming computer software industry. Differentiating between solutions and services, users are able to tak
(EMAILWIRE.COM, May 06, 2008 ) BeaconEquity.com announces the publication of ‘TeleCommunication Systems Inc. Secures $15.8 Million in Contracts with the Federal Government'
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TeleCommunication Systems Inc. Secures $15.8 Million in Contracts with the Federal Government
Many software companies enhance their products by offering more efficient and unique features, setting themselves apart from other competitors in the booming computer software industry. Differentiating between solutions and services, users are able to take advantage and increase usage of services, filling their need for stable, reliable and fast software products.
TeleCommunication Systems Inc. (TSYS) is a software company engaging in the development and application of wireless data communications technology in the United States and internationally.
With its unique products and services, TeleCommunication Systems stands out in the industry. The company focuses on text messaging and location-based services, including enhanced 9-1-1 (E9-1-1) for wireless carriers and voice over Internet protocol (VoIP) service providers, and secure satellite-based communication solutions for government customers.
TeleCommunication Systems recently announced it has secured approximately $15.8 million in contracts to provide a broad range of communication solutions and services primarily to Federal Government customers across Civilian Agencies, the Department of Homeland Security, and the Department of Defense (DoD). The company was contracted to provide solutions to include SwiftLink products, satellite communications services, Continuity of Operations (COOP), and Telecom Expense Management (TEM).
With these contracts the company aims to further increase and generate more profits. For the first quarter of 2008, the company's revenue was $40.4 million, up 18 percent from $34.1 million in the first quarter of 2007, and an increase of 9 percent from $37.1 million in the previous quarter.
The company strategically operates through two segments:
The Commercial segment offers carrier software system products that enable wireless carriers to deliver short text messages, location information, Internet content, and other enhanced communication services to and from wireless phones. This segment also provides E9-1-1 services, commercial location-based services, and inter-carrier text message distribution services on a hosted, or service bureau basis. It also offers Rand McNally Traffic, a wireless application on a subscription basis.
The Government segment provides communication systems integration, information technology services, and software solutions to the U.S. Department of Defense and other government customers. It also owns and operates satellite teleport facilities; resells access to satellite airtime; and designs, furnishes, installs, and operates wireless and data network communication systems, including its SwiftLink deployable communication systems, which incorporate high speed, satellite, and Internet protocol technology used for security, defense, and law enforcement worldwide.
As of December 31, 2007, the company provided hosted services under contracts with approximately 30 wireless carrier networks and VoIP service providers.
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Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Investors can view all of the investment articles for free by visiting:
http://www.BeaconEquity.com - Click on News and Commentary
TeleCommunication Systems Inc. Secures $15.8 Million in Contracts with the Federal Government
Many software companies enhance their products by offering more efficient and unique features, setting themselves apart from other competitors in the booming computer software industry. Differentiating between solutions and services, users are able to take advantage and increase usage of services, filling their need for stable, reliable and fast software products.
TeleCommunication Systems Inc. (TSYS) is a software company engaging in the development and application of wireless data communications technology in the United States and internationally.
With its unique products and services, TeleCommunication Systems stands out in the industry. The company focuses on text messaging and location-based services, including enhanced 9-1-1 (E9-1-1) for wireless carriers and voice over Internet protocol (VoIP) service providers, and secure satellite-based communication solutions for government customers.
TeleCommunication Systems recently announced it has secured approximately $15.8 million in contracts to provide a broad range of communication solutions and services primarily to Federal Government customers across Civilian Agencies, the Department of Homeland Security, and the Department of Defense (DoD). The company was contracted to provide solutions to include SwiftLink products, satellite communications services, Continuity of Operations (COOP), and Telecom Expense Management (TEM).
With these contracts the company aims to further increase and generate more profits. For the first quarter of 2008, the company's revenue was $40.4 million, up 18 percent from $34.1 million in the first quarter of 2007, and an increase of 9 percent from $37.1 million in the previous quarter.
The company strategically operates through two segments:
The Commercial segment offers carrier software system products that enable wireless carriers to deliver short text messages, location information, Internet content, and other enhanced communication services to and from wireless phones. This segment also provides E9-1-1 services, commercial location-based services, and inter-carrier text message distribution services on a hosted, or service bureau basis. It also offers Rand McNally Traffic, a wireless application on a subscription basis.
The Government segment provides communication systems integration, information technology services, and software solutions to the U.S. Department of Defense and other government customers. It also owns and operates satellite teleport facilities; resells access to satellite airtime; and designs, furnishes, installs, and operates wireless and data network communication systems, including its SwiftLink deployable communication systems, which incorporate high speed, satellite, and Internet protocol technology used for security, defense, and law enforcement worldwide.
As of December 31, 2007, the company provided hosted services under contracts with approximately 30 wireless carrier networks and VoIP service providers.
To read the entire article visit http://www.BeaconEquity.com – Click on News and Commentary
Join the fastest growing investor community at:
http://www.stockhideout.com
BeaconEquity.com’s Market News is one of the fastest growing small cap blogs in the investment community. Beacon is the authority on research in the small cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.
We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas by visiting: http://www.BeaconEquity.com
BeaconEquity.com is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.BeaconEquity.com
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Contact Information:
Beacon Equity Research
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Beacon Equity Research
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Press Release Keywords:
stock market, investing, investment ideas, market activity, small caps, micro caps, telecommunication systems inc, wireless data, TSYS, swiftlink,
stock market, investing, investment ideas, market activity, small caps, micro caps, telecommunication systems inc, wireless data, TSYS, swiftlink,
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