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  September 5, 2001
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Home > Company Index > Computer Software & Services > Communication Software > TeleCommunication Systems, Inc.

TeleCommunication Systems, Inc.
Nasdaq: TSYS
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 PROFILE
TeleCommunication Systems (TCS) is going mobile. Although network design, development, and deployment services (for both wireline and wireless networks) account for nearly two-thirds of sales, TCS is expanding into network application software for wireless communications. Its software allows mobile phones to receive updates from Web-based calendars, send and receive instant messages, and engage in chat sessions. Customers include the US Government (43% of sales) and Lucent (25%). TCS has used acquisitions to expand into offering location based message services, via the service bureau model. Founder and CEO Maurice Tose controls some 73% of TCS' voting power; other shareholders include Signal Equity and GE Capital.

 COMPETITION
Aether Systems, Inc. (AETH)
Openwave Systems Inc. (OPWV)

 DEALS
Deal: TeleCommunication Systems to Buy Xypoint
Date Announced: 11.15.00
Value of transaction (US $Mil): 69.3
Description: Wireless messaging software firm to acquire wireless location technology firm.

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 58.10
1-Yr. Sales Growth: 26.9%
Employees: 350
Revenue per employee: $166,000.00

 KEY PEOPLE
• Maurice B. Tosé
    CEO
• Thomas M. Brandt
    CFO

 CONTACT INFO
275 West St.
Annapolis, MD 21401
US
Phone: 410-263-7616
Fax: 410-263-7617
Online: Web Site

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