TeleCommunication Systems Adds 8 U.S. Patents Advancing Location-Based Services, GIS/Mapping, Public Safety, Wireless and Messaging
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TeleCommunication Systems Adds 8 U.S. Patents Advancing Location-Based Services, GIS/Mapping, Public Safety, Wireless and Messaging

ANNAPOLIS, Md., Jan. 30, 2014 — (PRNewswire) —  TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced that the U.S. Patent and Trademark Office (USPTO) has issued TCS 8 U.S. patents during the fourth quarter of 2013. TCS also received 5 foreign patents during the fourth quarter.

News Facts:

The 8 recently issued U.S. patents describe innovations in location-based services (LBS), Geographic Informations Systems (GIS)/mapping, public safety, wireless and messaging. Of these, the following 3 are exemplary as to their depth and scope:

The remaining 5 patents issued in the period are: Method and Apparatus for Sending, Retrieving, and Planning Location Relevant Information (U.S. Patent 8,621,374); Wireless Chat Automatic Status Signaling (U.S. Patent 8,577,339); Remotely Provisioned Wirelessly Proxy (U.S. Patent 8,594,627); End-to-End Logic tracing of Complex Call Flows in a Distributed Call System (U.S. Patent 8,576,991); System and Method for Re-Directing Requests from Browsers for Communication Over Non-IP Based Networks (U.S. Patent 8,578,032).

Supporting Quotes:

TCS Chairman, President and CEO Maurice B. Tose said: "TCS has invested aggressively in innovation, and continues to create and protect the value of technology that has been developed by our engineers through the patent system. These newly issued patents further augment our growing patent portfolio, and we remain committed to monetizing our intellectual property through our business operations, licensing and related arrangements."

TCS Vice President of Intellectual Asset Management Bob Held said: "TCS is working with a growing number of professionals and enterprises to license the company's 349 worldwide patents and other intellectual property covering public safety, navigation and telematics technology, wireless technologies and more."

TCS continues to look for opportunities to monetize its intellectual property portfolio via sales, direct licensing, cross licensing, and other creative solutions. TCS filed for 64 U.S. patents in 2013; the total number of patents issued worldwide in the portfolio is 349, and more than 365 patent applications are 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' cybersecurity 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 statements about our commitment to monetizing leading technologies and the opportunities to leverage our 320+ patents and other intellectual property worldwide are forward-looking statements. Risks include without limitation the possibility that no licensing or other 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, and on Form 10-Q for the quarter ended September 30, 2013.

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:

 Investor Relations:

TeleCommunication Systems, Inc.

 Liolios Group, Inc.

Meredith Allen

 Scott Liolios

410-295-1865

 949-574-3860

MAllen@telecomsys.com

  info@liolios.com

 

SOURCE TeleCommunication Systems, Inc.

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