TeleCommunication Systems Receives $3.3 Million Contract to Deliver Cybersecurity Training for U.S. Air Force
ANNAPOLIS, Md., May 20, 2014 /PRNewswire/ -- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced that it has entered into a contract with E-volve Technology Systems (E-volve) to enable their delivery of TCS' professional services to the U.S. Air Force (USAF) for its Cyber Operations Training Program. The subcontract includes a base award term of five months and two, one-year option terms; all of which, if exercised, create a total TCS contract value of $3.3 million.
- The U.S. Air Force is funding the Cyber Operations Formal Training Support contract awarded to E-volve Technology Systems, an 8a, Woman-Owned IT and Management Consulting firm based in National Harbor, Maryland.
- TCS' industry leading cyber security capabilities are supporting the USAF's current and future cyber warrior force development through the Cyber Operations Training Program.
- TCS' advanced training services will include course planning, design, and development; training, instruction, and administration; technical analysis and courseware maintenance. Additionally, TCS will provide advanced technical capabilities for the defense of simulated network attacks in a closed environment.
TCS is a world leader in highly reliable and secure mobile communication technology. TCS' Cyber Intelligence Group helps harden high-value entities, systems and networks against cyber threats by implementing information assurance best practices, performing vulnerability assessments and investigating cyber malicious activity. TCS also provides focused training in the fields of penetration testing, forensics, defense strategies, vulnerability analysis and reverse engineering in a state-of-the-art training facility or at customer locations around the world. TCS brings together many of the brightest minds in cybersecurity as a resource for research, collaboration and development of best-in-class technologies to protect critical networks. To learn more, visit http://www.telecomsys.com/services/cyber-solutions/training.aspx.
TCS Senior Vice President and Chief Technology Officer Drew Morin stated: "By teaming with TCS, E-volve leverages its decade of exceptional technical and consulting services with TCS' depth and breadth of cyber warfare training capabilities. TCS is supporting the U.S. Air Force with its advanced cyber training services and capabilities used to build USCYBERCOM's mission forces today and into the future."
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. Risks include without limitation the possibility that options do not get exercised or that funding is not provided for the contract, and those detailed from time to time in the Company's SEC reports, including the Annual Report on Form 10-K for the year ended December 31, 2013 and on Form 10-Q for the quarter ended March 31, 2014.
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