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SpatialNews.com Press Release
Rand McNally Selects TCS to Power Traffic Product
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ANNAPOLIS, Md. and SKOKIE, Ill.--March 29, 2005--TeleCommunication Systems (NASDAQ:TSYS), a global leader in wireless data technology, announced today that Rand McNally, the most trusted name in maps and directions, has selected TCS to power its recently released traffic product for wireless phones. Rand McNally Traffic is a downloadable mobile application that delivers real-time traffic flow and/or incident reporting in more than 90 U.S. metro markets. The service is currently available on most of the major wireless carrier networks for users with compatible mobile phones.
TCS technology enables the Rand McNally Traffic application to:
-- Display maps showing traffic incidents using multiple icons
-- Highlight speed flow, including showing traffic hot spots that are color coded by average speed
-- Combine speed flow maps with traffic incidents
As a result, the user is able to:
-- Visually inspect a metropolitan area or specific area within a larger market (for example, if in Metro D.C., query for traffic on the north side of the D.C. Beltway)
-- Scroll, zoom, and drill down into accident reports
-- Look for information along a designated route
Alan Yefsky, Vice President, New Products & Strategy for Rand McNally, stated, "TCS' proven technology enables us to deliver relevant and accurate traffic information to wireless handsets and helps us solve travel problems that people face every day. We are excited to be working with TCS to bring our new wireless traffic service to consumers across the country."
"TCS provides Rand McNally with the technology that assists drivers with the most precise and user-friendly wireless information data tools available," said Drew Morin, Senior Vice President and Chief Technology Officer for TeleCommunication Systems. "TCS looks forward to working with Rand McNally, a trusted industry leader, and to providing the most efficient and expedient information for wireless subscribers' needs today."
ABOUT RAND McNALLY
Rand McNally & Company, founded in 1856, is America's indispensable travel guide, providing mapping, routing and trip-planning tools for the consumer, business, education and commercial transportation markets. The company produces print and electronic products featuring national and local maps for the United States and Canada, including the Rand McNally Road Atlas and The Thomas Guides(R) books. Rand McNally offers trip planning on randmcnally.com. For more information, call 800/333-0136 or visit www.randmcnally.com.
Rand McNally is a registered trademark of Rand McNally & Company.
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 without limitation risks and uncertainties relating to the Company's financial results and the ability of the Company to (i) reach and sustain profitability as early as anticipated, (ii) continue to rely on its customers and other third parties to provide additional products and services that create a demand its products and services, (iii) conduct its business in foreign countries, (iv) adapt and integrate new technologies into its products, (v) expand its business offerings in the new wireless data industry, (vi) develop software without any errors or defects, (vii) protect its intellectual property rights, and (viii) implement its sales and marketing strategy.
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.
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