Scottsdale 3/8/2011 2:19:54 AM
News / Stocks

TeleCommunication Systems (TSYS) and U.S. Cellular Extend Licensing Agreement

QualityStocks would like to highlight TeleCommunication Systems, Inc. (NASDAQ: TSYS), 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.

In the company’s news Friday,

TeleCommunication Systems announced that the nation’s sixth-largest full-service wireless carrier U.S. Cellular (www.uscellular.com) has extended its agreement to offer “Your Navigator,” powered by TCS.

The two-year contract is a Software License Agreement for TCS to provide leading Location-Based Services (LBS) application Your Navigator through U.S. Cellular’s feature phones. Your Navigation transforms any GPS-enabled mobile phone into a personal navigation device by providing real-time, turn-by-turn visual and audio directions to the user. Your Navigator also offers access to business listings and directories, entertainment information, event venues, hotels, traffic and weather information and more.

“We know that our customers are busy and on-the-go, and we love having their backs with helpful applications like Your Navigator,” Joe Settimi, senior director of data strategy and services for U.S. Cellular stated in the press release. “Thanks to the partnership with TCS, we continue to meet our customers’ needs by placing user-friendly navigational tools right at their fingertips.”

Steve Petilli, vice president of TCS’ navigation and telematics group, said the extension of the service through U.S. Cellular will allow for enhanced and innovative opportunities for Your Navigator.

“Our years of service through U.S. Cellular contribute to our growing experience base as a leading provider of location-based services to millions of wireless subscribers,” Petilli stated in the press release. “Throughout this two-year extension, we’ll continue to innovate and expand Your Navigator’s features and options, offering the very best ‘must have’ services for U.S. Cellular’s customers.”

About QualityStocks

QualityStocks, based in Scottsdale, Arizona, is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their investor communication efforts and connecting subscribers with companies that have huge potential to succeed in the short and long-term future.

To sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net

Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net

Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.