11.01.2005 15:07:00
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TCS and QUALCOMM Collaborate to Provide Advanced Assisted GPS Location
TCS and QUALCOMM Collaborate to Provide Advanced Assisted GPS Location Solutions Updated Global Resale Agreement Extends Relationship and Targets All Major Digital Wireless Networks
TeleCommunication Systems, Inc. (TCS) (Nasdaq: TSYS), a global leader in wireless data technology, and a wholly-owned subsidiary of QUALCOMM Incorporated announced an agreement enabling TCS to provide precise Assisted Global Positioning System (A-GPS) position location solutions to wireless operators around the world. The comprehensive TCS location solution takes advantage of QUALCOMM's QPoint(TM) position location server product, and is available from TCS for use in-network and on all major air interfaces, i.e., GSM/GPRS, WCDMA (UMTS) and CDMA2000.
TCS now offers precise location solutions either as in-network platforms or as hosted services through TCS' TL9000-certified Network Operation Centers. The collaboration with QUALCOMM enhances the ability of TCS to provide its award-winning Xypoint(R) Location Platform, enabling complete end-to-end service features that include a suite of applications utilizing either network or A-GPS location fixes.
TCS' in-network location-based solutions are now available to any wireless operator in the world, directly through TCS or through TCS' original equipment manufacturer (OEM) partners. The TCS hosted location solution complements and shares facilities with TCS' E9-1-1 service.
TCS' E9-1-1 service is currently being provided to more than 30 network operators in North America, including 4 of the 5 largest operators. This capability allows TCS to rapidly deliver emergency and commercial services to any wireless operator in North or South America over major air interfaces.
"We are pleased to assist TCS in their efforts to pursue new location-based service opportunities with wireless operators around the world," said Michael Wallace, vice president of partner relations for QUALCOMM Internet Services. "TCS is a recognized leader in wireless location solutions, and with QUALCOMM's QPoint location solution powering their platform, TCS can help wireless operators meet their location services needs and advance the adoption and use of mobile wireless location-based applications."
"Our collaboration with QUALCOMM started in the North American emergency services space, and we have now expanded our relationship well beyond that to encompass commercial location-based services opportunities worldwide," said Maurice B. Tose, Chairman, President and CEO of TeleCommunication Systems. "We are confident we can leverage both companies' recent success in driving location-based services adoption, and hope that our expanded relationship with QUALCOMM will serve as a catalyst to accelerate the evolution of wireless location-based capabilities."
QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's CDMA digital technology. Headquartered in San Diego, Calif., QUALCOMM is included in the S&P 500 Index and is a 2003 FORTUNE 500(R) company traded on The Nasdaq Stock Market(R) under the ticker symbol QCOM.
Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including the extent and speed to which the BREW solution is adopted and deployed, change in economic conditions of the various markets the Company serves, as well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended September 28, 2003, and most recent Form 10-Q.
ABOUT TELECOMMUNICATION SYSTEMS, INC.
TeleCommunication Systems, Inc. (TCS) (NASDAQ:TSYS) is a leading provider of mission critical wireless data solutions to carriers, enterprise and government customers. TCS' wireless data offerings include location-based Enhanced 9-1-1 services, and messaging and location service infrastructure for wireless operators, real-time market data and alerts to financial institutions, mobile asset management and mobile office solutions for enterprises, and encrypted satellite communications to government customers. For more information visit www.telecomsys.com.
This announcement contains forward-looking statements within the meaning of 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 based upon TCS' current expectations and assumptions that are subject to a number of risks and uncertainties that would cause actual results to differ materially from those anticipated.
The actual results realized by the Company could differ materially from the statements made herein, depending in particular upon the risks and uncertainties described in the Company's filings with the Securities and Exchange Commission (SEC). These include the risks and uncertainties relating to the company's future financial results and ability of the Company to (i) reach and sustain profitability as early as anticipated, (ii) continue to rely on third parties to market and sell the Company's products and for other relevant support, (iii) adapt and integrate new technologies into its products, (iv) expand its business offerings in the new wireless data industry, (v) capitalize on opportunities in the marketplace, (vi) develop software without any errors or defects, (vii) implement its sales and marketing strategies, and (viii) deploy its software and services quickly.
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.
QUALCOMM is a registered trademark of QUALCOMM Incorporated. QPoint is a trademark of QUALCOMM Incorporated. All other trademarks are the property of their respective owners.
--30--SF/ph*
Business Editors/Technology Editors
ANNAPOLIS, Md.--(BUSINESS WIRE)--Jan. 11, 2005--
TeleCommunication Systems, Inc. (TCS) (Nasdaq: TSYS), a global leader in wireless data technology, and a wholly-owned subsidiary of QUALCOMM Incorporated announced an agreement enabling TCS to provide precise Assisted Global Positioning System (A-GPS) position location solutions to wireless operators around the world. The comprehensive TCS location solution takes advantage of QUALCOMM's QPoint(TM) position location server product, and is available from TCS for use in-network and on all major air interfaces, i.e., GSM/GPRS, WCDMA (UMTS) and CDMA2000.
TCS now offers precise location solutions either as in-network platforms or as hosted services through TCS' TL9000-certified Network Operation Centers. The collaboration with QUALCOMM enhances the ability of TCS to provide its award-winning Xypoint(R) Location Platform, enabling complete end-to-end service features that include a suite of applications utilizing either network or A-GPS location fixes.
TCS' in-network location-based solutions are now available to any wireless operator in the world, directly through TCS or through TCS' original equipment manufacturer (OEM) partners. The TCS hosted location solution complements and shares facilities with TCS' E9-1-1 service.
TCS' E9-1-1 service is currently being provided to more than 30 network operators in North America, including 4 of the 5 largest operators. This capability allows TCS to rapidly deliver emergency and commercial services to any wireless operator in North or South America over major air interfaces.
"We are pleased to assist TCS in their efforts to pursue new location-based service opportunities with wireless operators around the world," said Michael Wallace, vice president of partner relations for QUALCOMM Internet Services. "TCS is a recognized leader in wireless location solutions, and with QUALCOMM's QPoint location solution powering their platform, TCS can help wireless operators meet their location services needs and advance the adoption and use of mobile wireless location-based applications."
"Our collaboration with QUALCOMM started in the North American emergency services space, and we have now expanded our relationship well beyond that to encompass commercial location-based services opportunities worldwide," said Maurice B. Tose, Chairman, President and CEO of TeleCommunication Systems. "We are confident we can leverage both companies' recent success in driving location-based services adoption, and hope that our expanded relationship with QUALCOMM will serve as a catalyst to accelerate the evolution of wireless location-based capabilities."
QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's CDMA digital technology. Headquartered in San Diego, Calif., QUALCOMM is included in the S&P 500 Index and is a 2003 FORTUNE 500(R) company traded on The Nasdaq Stock Market(R) under the ticker symbol QCOM.
Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including the extent and speed to which the BREW solution is adopted and deployed, change in economic conditions of the various markets the Company serves, as well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended September 28, 2003, and most recent Form 10-Q.
ABOUT TELECOMMUNICATION SYSTEMS, INC.
TeleCommunication Systems, Inc. (TCS) (NASDAQ:TSYS) is a leading provider of mission critical wireless data solutions to carriers, enterprise and government customers. TCS' wireless data offerings include location-based Enhanced 9-1-1 services, and messaging and location service infrastructure for wireless operators, real-time market data and alerts to financial institutions, mobile asset management and mobile office solutions for enterprises, and encrypted satellite communications to government customers. For more information visit www.telecomsys.com.
This announcement contains forward-looking statements within the meaning of 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 based upon TCS' current expectations and assumptions that are subject to a number of risks and uncertainties that would cause actual results to differ materially from those anticipated.
The actual results realized by the Company could differ materially from the statements made herein, depending in particular upon the risks and uncertainties described in the Company's filings with the Securities and Exchange Commission (SEC). These include the risks and uncertainties relating to the company's future financial results and ability of the Company to (i) reach and sustain profitability as early as anticipated, (ii) continue to rely on third parties to market and sell the Company's products and for other relevant support, (iii) adapt and integrate new technologies into its products, (iv) expand its business offerings in the new wireless data industry, (v) capitalize on opportunities in the marketplace, (vi) develop software without any errors or defects, (vii) implement its sales and marketing strategies, and (viii) deploy its software and services quickly.
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.
QUALCOMM is a registered trademark of QUALCOMM Incorporated. QPoint is a trademark of QUALCOMM Incorporated. All other trademarks are the property of their respective owners.
--30--SF/ph*
CONTACT: TeleCommunication Systems Rita Thompson, 410-295-1865 RThompson@telecomsys.com or QUALCOMM Internet Services Michele Bakic, 858-651-4017 mbakic@qualcomm.com
KEYWORD: MARYLAND INDUSTRY KEYWORD: HARDWARE COMPUTERS/ELECTRONICS TELECOMMUNICATIONS PRODUCT SOURCE: TeleCommunication Systems
Copyright Business Wire 2005
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QUALCOMM Inc. | 162,30 | 0,22% |
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