ANNAPOLIS, Md., July 10, 2015 /PRNewswire/ -- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in secure and highly reliable wireless communication technology, today announced that it has been awarded a contract to provide the State of Maryland Department of Human Resources (DHR) with statewide Technical Operations Support Services (TOSS). The contract base-award term is three years with two 1-year option terms, which if exercised have a total contract value of $11.3 million.
- CATS+ enables State of Maryland agencies to purchase Professional and Technical Services in 17 primary areas, including software engineering, information system security, geographical information systems and IT management consulting.
- TCS and its team members will work with the DHR personnel to collectively develop, enhance, maintain and support the department's IT needs.
- Representing one category of TCS' comprehensive TotalCom® portfolio, IT services are administered by highly qualified on-site TCS program managers and staff to provide reliable solutions with expert service.
- TCS' Government Solutions Group delivers information and communication services to private enterprises and federal, state and local government clients. Services include network and server support, and premium services such as enterprise architectural design and implementation, information assurance, knowledge management, IT governance, and visual information and video teleconferencing. TCS has a 28-year track record as a proven, trusted provider of government communication technology solutions under conditions that demand the highest level of reliability, availability and security.
TCS Government Solutions Group President Michael Bristol said: "The Department of Human Resources is an innovator in advancing the critical assistance and services that Maryland families and individuals need for healthy, stable environments. TCS is dedicated to delivering the technology expertise necessary to achieve their objectives. For the TOSS project, we have teamed with leading IT small businesses BITHGROUP Technologies, Realistic Computing and Serigor. These premier TCS partners have played integral roles in other TCS Maryland-based contracts for the past 14 years, and we are now applying our proven collaboration and experience to ensure success for DHR."
About TeleCommunication Systems, Inc. TeleCommunication Systems, Inc. (TCS), headquartered in Annapolis, Maryland, is a world leader in secure and highly reliable wireless communications. Our patented solutions, global presence, operational support and engineering talent enable 9-1-1, commercial location-based services and deployable wireless infrastructure; cybersecurity; defense and aerospace components; and applications for mobile location-based services and messaging. Our principal customers are wireless network operators, defense and public safety government agencies, and Fortune 150 enterprises requiring high reliability and security. Learn more at 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 the possibility that future period funding will not be received, 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, 2014 and on Form 10-Q for the quarter ended March 31, 2015.
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.
SOURCE TeleCommunication Systems, Inc.