Telecommunication Systems IR presentation 25-06-1015

June 2015

Secure, Highly Reliable Wireless Communication

Enabling Convergent Technologies®


Investor Caution Forward-Looking Statements: Certain statements in this presentation are forward-looking statements under the Federal

Securities Laws. Generally, forward-looking statements represent our current beliefs regarding future events. All forward-

looking statements are subject to risks, uncertainties and other factors. Investors are cautioned not to place undue reliance

on these forward-looking statements. You should understand that these statements are not guarantees of performance or

results and are preliminary in nature, and consider the areas of risk described under the heading “Cautionary Note Regarding

Forward-Looking Statements” and “Risk Factors” in our periodic reports filed with the Securities and Exchange Commission

under the Exchange Act, including our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, in

connection with any forward-looking statements that may be made by us and our businesses generally. Except for our

ongoing legal and regulatory obligations to disclose material information, we undertake no obligation to release publicly any

updates or revisions to any forward-looking statements or to report the occurrence or non-occurrence of anticipated or

unanticipated events.

Basis of Presentation of Financial Data: Unless noted otherwise in this presentation, company financial data is being

presented as of the dates indicated with the specific data.

Non-GAAP Financial Measures: Adjusted EBITDA and Adjusted Net Income as used throughout this presentation are financial

measures not in accordance with GAAP. A description of these measures and reference to a reconciliation of these measures

to the most directly comparable GAAP financial measures is available at www.telecomsys.com under the “Financial Model”

selection, via the “Investors” menu.

2

This presentation is ©2015 TeleCommunication Systems, Inc. (TCS) and Proprietary - All Rights Reserved

http://www.telecomsys.com/


Revenue & Adj. EBITDA¹

Key Stats (NASDAQ: TSYS)

3

Stock Price (6/4/15) $3.27

52 Week Low-High $2.72-$3.94

Avg. Daily Vol. (3 mo.) 196,844

Shares Out. (3/31/15) 62.0M

Float (est.) 44.6M

Insider Holdings 18%

Institutional Holdings 59%

Market Cap $202.7M

Enterprise Value $285.1M

Date Founded 1987

Employees (mostly technical) 1,100

$362 $360

$390-$410

$36 $36

$38-$42

2013 2014 2015E

Revenue Adj. EBITDA

($ Millions)

1) See slide 33 for details and definitions.

Operating Results (unaudited)

Revenue (TTM) $356.7M

Adj. EBITDA (TTM)¹ $35.9M

Adj. Net Income (TTM)¹ $12.2M

Adj. Net EPS (TTM)¹ $0.20

Total Assets (3/31/15) $324.9M

Net Debt (3/31/15) $82.4M


Our Business • TCS is a technology innovator in secure, highly

reliable secure wireless communications.

• Our technology & nearly 400 patents enable

9-1-1 communications, location-based services

and text messaging over wireless infrastructure

around the world.

• Cybersecurity training contracts bring expertise

that enhances all TCS deliverables.

• Government agencies use our C4ISR (command,

control, communications, computers,

intelligence, security, and reconnaissance)

solutions for mission-critical operations.

4


25+ Years of Wireless Technology Innovation

5

2000 NASDAQ IPO as “TSYS”

2012 Expanded Nextgen 9-1-1 suite of solutions with microDATA

1987 1998 2000 2004 2006 2010 2012 2014

1996 TCS wrote SMS

infrastructure software, the entry point of data

to Wireless

2000 Delivered first TCS deployable communication system solution to U.S. State Dept.

2001 • Awarded first of today’s 395

patents • Launched SwiftLink™

deployable ground terminals

2010 Secured first TCS cyber security training contract for U.S. military

1987 TCS founded by chairman, president & CEO Maurice Tosé

1997 Delivered industry’s first wireless 9-1-1 call to public safety answering point

2006 Named prime contractor on $5B Army WWSS contract

2011 Received first contact award for Commercial Mobile Alerts

2005 Deployed nationwide roll-out of VoIP E9-1-1 solution

2004 Launched first LBS solution in Latin America

2015 Converged solutions: NextGen 9-1-1, APIs/SDKs, tropo and protected comms, indoor location, telemedicine

2006 Enabled delivery of 40B+ text messages

2014 Named awardee on $22B Homeland Security Enterprise Acquisition Gateway for Leading Edge II contract


Gross Profit Mix

Govt. 26%

Comm. 74%

Systems 19%

Services 81%

Revenue & Adj. EBITDA

Revenue, Gross Profit and Adjusted EBITDA¹

6

TTM (unaudited)

($ Millions) Commercial Government Total $ %

Services $158 $103 $261 $118 45%

Systems 27 69 95 29 30%

Total $185 $172 $357

Gross Profit $109 $38 $147

% of revenue 59% 22% 41%

Revenue Gross Profit

$362 $360

$390-$410

$36 $36

$38-$42

2013 2014 2015E

Revenue Adj. EBITDA

1) For further details, you may download our “Financial Model” from our website’s Investors section here. Also, see footnotes on slide 33.

http://phx.corporate-ir.net/phoenix.zhtml?c=123361&p=irol-reportsother




Core Competencies • Unique depth of expert technical resources

for wireless network communication:

• 375 satcom, cyber security & network engineering professionals

• 175 cellular infrastructure & apps engineers

• 250 public safety network technologists

• TCS scale and stability are differentiators as

we bid on government contracts and

platform & carrier alliances globally

7

Secure, Highly-reliable Solutions Using Converging Wireless Technology

Cyber Security Training

Offense/Defense

Government Secure Satellite, Tropo Comms,

Aerospace Components

Commercial Location-based Services

incl. E9-1-1 & Cloud Messaging

Information Assurance

Next Gen 9-1-1,

Total Mobility Management

Mobile Alerts, Lawful

Intercept, M2M

Mobile Security, vertical market

solutions


We Address Growth Markets

8

C4ISR Cyber Security

• Mission-critical comms solutions for defense & civilian agencies:

• Highly-secure, deployable ground terminals

• Data & telecom network deployment & management

• High reliability components for aerospace, military & industrial markets

• Cyber security training for

DoD

• Professional support for

DoD’s Cyber Warfare

mission

• Protection against emerging

mobile and social media

threats

Public Safety Platforms/Apps

• Public safety solutions for

wireless and VoIP E9-1-1

and NextGen (IP) 9-1-1

• Support 50% of U.S. wireless

E9-1-1 calls

• Nation's only non-carrier TL

9000-certified wireless and

VoIP E9-1-1 NOC

• APIs and SDKs to enhance

mobile subscriber

experiences

• Managed “cloud” services

• Software licenses & related

equipment for network

operators’ location-based

& messaging infrastructure


Force Multipliers – Our Partners

9


Systems Services

Wir

ele

ss C

arri

er

Pla

tfo

rms

&

Ap

plic

atio

ns

Pu

blic

Saf

ety

(9-1

-1)

Commercial Segment

10

• Call routing software-as-a-service

• Network monitoring

• Engineering & deployment services

• Software maintenance

Nextgen 9-1-1

ESInet Systems and

Call-Taker Stations

Comm. Services TTM revenue: $158 million Comm. Systems TTM revenue: $27 million

• Software licenses and related equipment for in-customer network infrastructure

• Software-as-a-service for location based infrastructure and applications

• In-network infrastructure maintenance

• Tele-health application


Commercial Segment

11

Revenue Gross Profit$ Millions $ Millions %

Services $158 $97 61%

Systems 27 12 46%

Total $185 $109 59%

TTM

Our 9-1-1 business continues

to grow, while the business

models for platforms & apps

are evolving from carrier

dependence to other

customer markets.

$191M $183M

$170M $180M $185M

$97M $97M $90M

$106M $109M

2011 2012 2013 2014 TTM

Revenue

Gross Profit


TTM Commercial Revenue

9-1-1

Platforms & Applications

Commercial Segment Revenue

12

• 9-1-1 / Safety and security

• Cellular voice, SMS and VoIP E9-1-1 call routing

and network monitoring billed monthly on volume.

Major growth from Voice over WiFi and Voice over

LTE network operator investments.

• Next Generation 9-1-1: Internet Protocol system

implementations, followed by software

maintenance & managed services revenue

• Platforms and applications

• Managed services and maintenance revenue from

installed base of infrastructure for location-based

services and messaging

• Application program interfaces and software

development kits for navigation, locator

applications, and

• IP monetization through licenses, sales,

partnerships


9-1-1 / Public Safety & Security

• TCS is one of two companies fulfilling FCC requirements for E9-1-1 call-routing to public safety answering points (PSAPs) for wireless and VoIP network operators:

• 50% market share for wireless 9-1-1 calls

• 30% market share for VoIP 9-1-1 calls

• Text-to-911: TCS is responsible for more than 50% of nationwide deployments

• Growing public awareness and advocacy by NENA* and APCO* are fueling demand for public safety communication technology upgrades

• Nextgen 9-1-1 (Internet Protocol) solutions major near-term growth

• ESInet (Emergency Services Internet Protocol network) infrastructure

• Public safety answering point call-taking stations

• Distribution through leading local exchange carriers and direct sales

13

*NENA (National Emergency Number Association) and APCO (Association of Public Safety Communications Officials) are public safety communications advocacy and policy leaders where TCS is actively engaged.

http://s3.amazonaws.com/TVEyesMediaCenter/UserContent/253075/4528350.1195/WFAA_02-03-2015_17.09.04.mp4


NextGen 9-1-1 Market

• Spending on Nextgen 9-1-1 ESInet infrastructure will grow rapidly over next 5 years

• TCS also sells Nextgen call-taker stations, competing with Intrado & Airbus (formerly Cassidian)

14

$0

$50

$100

$150

$200

$250

$300

2012 2013 2014 2015 2016 2017 2018 2019 2020

ESInet Software Market Growth ($ millions)

Source: Frost & Sullivan, Aug. 2014

Emergency Services IP Network (ESInet) Market Share

TCS 56%

Intrado 31%

Bandwith.com 8%

Solacom 5%

Source: Frost & Sullivan, Aug. 2014


NextGen 9-1-1 Growth

TCS estimates ~15% of ESInet business has been awarded to date

15

NG9-1-1 Implementation Status

NG9-1-1 Planning Started

NG9-1-1 Preparation at State Level

NG9-1-1 Preparation at Sub-State Level NG9-1-1 Implementation in Progress at State Level NG9-1-1 Implementation in Progress at Sub-State Level NG9-1-1 Implemented at State Level Pre NG9-1-1 Planning, IP Network Only, or No Available Info

Source: NENA, August 2014 and TCS.

“Dependence on legacy technology will likely hamper the delivery of 911 services going forward, if NG911 transitions are not completed prior to industry’s departure from these same legacy

technologies.” - Industry Council for Emergency Response Technologies (iCERT) May, 2015


Voice

Public Safety Communications Ecosystem

VoIP 911

Wireless 911

Wireline 911

Emergency Services IP Networks

$50M

$150M

$60M

Voice

Text

Voice First Responders

LTE

TCS + Partners

TCS Technology Addresses Multiple Data Solutions • Wireless pictures & videos to responders

• Data import for telematics & security solutions

• Deployable LTE & location for FirstNet with partners

Telematics Security

Data

Data

Enterprise 911

$7B FirstNet Fed Funding

Video

Picture

Call Takers

$270M $350M

Wearables e.g. Body Cameras

$380M

Addressable Market Size: ESInet and Call Taker addressable markets: Frost and Sullivan, 2014; All others: TCS estimates

$40M

16

Dispatch

http://www.istockphoto.com/stock-photo-10487882-car-accident.php


First Responder Network Authority (FirstNet)

• Feb. 2015: FCC spectrum auction enabled $7B of funding for the Commerce Dept.’s

FirstNet, a nationwide LTE broadband network for 5M+ first responders (police, fire,

National Guard, etc.) using the 700 MHz spectrum

• TCS designed and is currently installing a similar LTE 700 MHz network for a other

country’s first responders, which includes wearable devices and body cameras.

• TCS has demonstrated a similar system with its partners for the U.S. Border Patrol

• TCS FirstNet opportunities include:

• Systems integration of first responder wearables and body cameras

• Satellite terminals and backhaul & deployable LTE for rural and remote coverage

• Location infrastructure and apps for first responders

• Linkage to next generation for 9-1-1 Emergency Services IP networks

LTE

First Responders


Indoor Location Indoor 9-1-1

• In Jan. 2015, FCC adopted Enhanced 9-1-1 rules advancing wireless 9-1-1 location accuracy, including the use of newer technologies to give a ‘dispatchable location’ to first responders adding details such as floor, suite or apartment to the caller’s address.

Voice over WiFi (VoWiFi)

• TCS has been awarded multiple five-year projects with a combined value >$60M to support location-based VoWiFi services, one of the newer technologies that will enhance indoor location accuracy.

Use of small cells for commercial value

• “TCS has huge potential to provide a complete ubiquitous

indoor solution for retail and advertising, as well as commercial

vertical markets (tracking, public safety, healthcare), and

future indoor E911 requirements.”

ABI Research, 12/13

Indoor Location Infrastructure/Fees

Market Outlook¹

1) ABI Research, 9/14. Note: Does not include public safety revenue for 9-1-1 or FirstNet

$0M

$100M

$200M

$300M

$400M

$500M

$600M

$700M

'13 '14 '15 '16 '17 '18

18


LBS Infrastructure Market Share

Location Based Services (LBS) Platforms & Apps

Global Revenue for Mobile Location Platforms will

grow to $400 million by 2017 (ABI Research, 12/13)

• Named #1 Carrier Location Platform Vendor by ABI Research (12/14)

• TCS is the clear leader in deployments of high accuracy platforms with 61% market share (ABI Research, 11/14)

• Network operators value TCS as an expert in both applications and infrastructure

• Customers increasingly include OEM device and component companies as LBS business models and technology shift to more “in-device” vs. “in-network”

19

Source: ABI Research, 11/14

Other 21%

Ericsson 29%

Nokia Networks

10%

Polaris 8%

TCS 26%

TruePosition 6%


Wireless Applications Requiring Security & Reliability • Architecture: TCS code incorporates

Application Program Interfaces (APIs), which are attractive to device and related platform producers for incorporating LBS in the Internet of Things (which is going far beyond phones and computers)

• Three platform companies have contracted to make TCS toolkits available to their developer communities

• TCS Global Location Agent enables device monitoring and data collection

• Innovative Applications: TCS’s new VirtuMedix® telehealth application incorporates TCS strengths in security, messaging, IP-based connectivity and location. www.virtumedix.com

20

http://www.virtumedix.com/


Commercial Customers

21

North Central Texas Council of

Governments

http://www.navtech.com/

http://www.comcast.com/default.html


Government Segment Gov’t Systems 2010 revenue: $94 million

22

Services

•Cyber security training, consulting

•Data & telecom network design, deployment and management

•Maintenance & field engineering support of systems

•Resale of space segment airtime

Systems

•Secret / non-secure IP access point (SNAP) satcom and tropo systems

•Secure cellular systems

•Hardened solid-state drives and microprocessors for defense & space programs

Consulting & IT Services

Global Satellite Services

Deployable Wireless Communication kits

Highly Reliable System

Components

Gov’t Services TTM revenue: $103 million Gov’t Systems TTM revenue: $69 million


Government Segment

23

Revenue Gross Profit$ Millions $ Millions %

Services $103 $21 21%

Systems 69 16 24%

Total $172 $38 22%

TTM

2013 & 2014 were impacted by

war drawdown and unusual

federal budget conditions

$234M

$305M

$192M $180M $172M

$54M $63M

$50M $40M $38M

2011 2012 2013 2014 TTM

Revenue

Gross Profit

The President’s proposed FY 2016 Budget increases spending on the aerospace and defense sector by 12% versus FY2015. – Deltek, 04/15


Cyber Security Market • U.S. Federal cyber security market to grow at 6.2% CAGR

over next five years (2015-2020), with a cumulative

market valued at $66B

• DoD to spend $4B on cyber security in 2015. Steady

growth in cyber spending due to increased threats

against embedded platform software & more discrete

funding for security1

• Pentagon will increase cyber security workforce to 6,000

personnel by 2016. TCS is a key training provider in

building this force2

• TCS secure communications proficiency is applied to

commercial products and customers

24

U.S. Federal Cybersecurity Market

Source: Market Research Media, 05/14

$0B

$2B

$4B

$6B

$8B

$10B

$12B

$14B

'15 '16 '17 '18 '19 '20

1) TechAmerica, 11/14 2) US Cyber Command, 10/14


Cyber Intelligence Business

25

• Leading provider of Cyber Training for the DoD;

differentiated by PerformanScore® instant feedback

learning platform tool

• Alliances for courseware distribution to commercial market

with EC-Council (the Certified Ethical Hacker™ guys) and

ISACA (the Certified Info Systems Auditor® guys)

• Certified CISCO Learning Partner. Developed cyber security

courses for the CISCO portfolio

• Experts in protecting against emerging mobile and social

media threats

• Ongoing monitoring and assessment services against

advanced persistent threats


Military & Government Satellite

Communications Market Growth*

$0B

$1B

$2B

$3B

$4B

$5B

$6B

$7B

$8B

$9B

'14 '15 '16 '17 '18 '19 '20 '21 '22 '23

C4ISR Market

TCS Business:

• Deployable satcom and tropo systems, solid

state drives & other system components

• Field engineers and maintenance for systems

both domestic & international

• VSAT teleport and managed services

• Engineering support, procurement and quality

assurance for critical electronic components

and systems

26

* Market as defined covers end-user equipment and associated bandwidth services; excludes production, launch and operation of satellites.

Source: Northern Sky Research, 10/14

“The Military Communications Market is expected to grow from $18 billion in 2014 to $30 billion in 2019, a CAGR of 7.2%, as companies continue to search for open and distributed architectures.” – MarketsandMarkets.com 5/14


TCS TotalCom® for Government

• TCS TotalCom solutions

enable flexible, secure

end-to-end wireless

communications.

• ~$200M market

opportunity for TCS 3T

Tropo ground

terminals over next 5

years.

27


Protected Communications Satellite Terminals

28

Northrop Grumman and Lockheed Martin have teamed with TCS to produce highly affordable satellite terminals for protected communications on the move and at the halt.

The Low Cost Terminal solution uses Northrop and Lockheed’s Milstar and Advanced Extremely High Frequency (AEHF) anti-jam engineering and TCS’ leadership in highly secure, deployable satellite communication systems.

P-SNAP

• TCS is the exclusive marketing and sales agent,

with the sole right to manufacture & sell:

- Protected Comms-on-the-Move (P-COTM) Terminals

- Protected SIPR/NIPR Access Point (P-SNAP) Terminals

• Program expected to be ~$400 million over 7 years Terminal Control Module


TCS Terminals with New Ultra Design • Engineered by TCS for use in DoD Comms on the Pause

(COTP), Maritime and Tropo communications, UAV-

Tracking & Protected AEHF communications

• Tested with Army, USAF, USMC and U.S. Central

Command (CENTCOM); ARSTRAT & DISA WGS certifiable

• Used with C, X, Ku, Ka, Q (AEHF) satcom bands with

from 85cm to 2.4m antennas

• Made using carbon fiber materials for < 50 pounds

weight and rugged performance

• High speed acquisition and tracking for GEO, LEO, MEO

and UAV applications

• Commercial airline transportable, with set-up < 10

minutes

LTE

29

http://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0CAcQjRw&url=http://en.wikipedia.org/wiki/General_Atomics_MQ-1_Predator&ei=QxVRVd3NNc_1oATWmYDQDQ&bvm=bv.93112503,d.cGU&psig=AFQjCNH-uLAARMr2p-FHmqNMREBG7FMY7Q&ust=1431463607403834


Government Contracts & “Vehicles”

• Prime vendor for Army’s Global Tactical Advanced Communication

Systems (GTACS) $10.2B IDIQ contract (2012-2017). TCS won 40%+

of all task orders awarded on GTACS’ predecessor Worldwide

Satellite Systems $5B contract

• Prime contractor for the Defense Information Systems Agency 5-

year (2012-2017), $2.6B Custom SATCOM Solutions(CS2) IDIQ

contract

• Prime contractor for DoD Computer Network Operation Training

• Prime awardee for Department of Homeland Security $22B, 7-year

Enterprise Acquisition Gateway for Leading Edge II (Eagle 2)

• Prime or sub on ~25 other contracts, and tracking about 30 “major

capture” opportunities for which TCS is qualified

30


Industry Recognition

In 2012, TCS was ranked among the top 25 in

Defense Systems’ first Super 75 which

recognizes “the most innovative and agile

companies in the net-centric battlespace.”

31

“The middle section of the list includes a variety of

companies that dominate their markets, and are

the go-to companies that the military relies on for

specific defense solutions. That includes…

TeleCommunication Systems for satellite

communications...” - Defense Systems, 11/2012

Company Rank

Lockheed Martin 1

Raytheon 2

Northrop Grumman 3

TeleCommunication Systems 21

IBM 30

Microsoft 53


Government Segment Customers

PM WIN-T Project Management

Warfighter Information Network - Tactical

Japanese Aerospace Exploration Agency

Army Marine Corps Air Force Navy

Homeland Security State Dept.

Special Operations

Nat’l Aeronautics & Space Admin.

32


Cumulative Issued Patents

395

Monetizing TCS Intellectual Property • TCS owns 395 patents & about 300 pending patent

applications (3/31/15)

• Since 2008, TCS’s patent portfolio has generated

over $40 million of gross proceeds

• Sold email patent for $8M net (6/08)

• Settled suit against Sybase for $23M, yielding $16M in net proceeds (12/09)

• 9 patent groups are currently under 14

enforcement actions, including collaborations with:

• Acacia Research subsidiaries

• Marathon Patent Group

• Patent Monetization Associates (Robert Westerlund) for certain messaging patents

33


Income Statement Highlights

34

($ millions, except per share amounts)2014

(unaudited)

2015

Guidance³

Total Revenue $360 $390 - $410

Adjusted EBITDA¹ $36 $38 - $42

Adjusted Net Income² $12 $14 - $17

Adjusted Net Income per Diluted

Share²$0.20 $0.23 - $0.28

1) Adjusted EBITDA is a non-GAAP financial measure. For a reconciliation to Net Income, see “Financial Model” referenced above. 2) Adjusted net income is defined as GAAP Net Income plus noncash acquired intangibles amortization, noncash stock-based compensation charges, and noncash tax, noncash

financing charges and noncash foreign exchange. For a reconciliation to Net Income, see “Financial Model” referenced above. 3) Guidance issued and effective only on Apr. 30, 2015.

See further details at www.telecomsys.com in the “Financial Model” section under the “Investors” menu.

http://www.telecomsys.com/



Balance Sheet Highlights

35

($ millions)3/31/15 (unaudited)

12/31/14

Cash, equivalents and marketable securities $51 $50

Receivables 81 96

Inventory and other current assets 33 25

Property & equipment, net 32 33

Goodwill 104 104

Other assets 25 26

Total Assets $325 $335

Payables and accruals $51 $56

Deferred revenue 22 22

Bank debt and capital leases* 83 89

Convertible notes due 2018 50 50

Total Debt 133 139

Other liabilities 6 4

Stockholders' equity 114 114

Total Liabilities and Equity $325 $335

Net debt* $82 $89

* On 4/30/15 the company drew $19M additional term debt per an option under its facil ity.


$58M $70M

$92M $92M

$143M

$102M $125M

$144M

$220M

$300M

$389M

$425M

$487M

$362M $360M

$390M- $410M

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015E

Returning to Growth • 2013 & 2014 were impacted by war drawdown and unusual federal

budget conditions, and a change in the market business model for

platforms & apps

• 2015 revenue and EBITDA growth is driven by normalization of

government budget conditions, new ground terminal sales, and the

funding ramp for next generation 9-1-1 public safety

communication technology.

36

IPO

August

2000

Enabling Convergent Technologies® 37

Key Takeaways

• Return to growth from converged communication technology

solutions

• Public safety / 9-1-1 leadership in wireless, VoIP, and next generation public safety as upgrade funding ramps over coming years

• Cyber security and C4ISR prime contractor positions with DoD and DHS for deployable comms, training, and support – tracking to program of record funding for new ground terminals from TCS

• Location-based platforms and apps engineered to support the Internet of Things – tech leadership for new markets in addition to carriers

• Extensive patented IP, with monetization initiatives

Revenue & Adj. EBITDA

$362 $360

$390-$410

$36 $36

$38-$42

2013 2014 2015E

Revenue Adj. EBITDA

($ Millions)


Investor Relations

Scott Liolios, President

Liolios Group, Inc.

Tel (949) 574-3860

[email protected]

For More Information

38

Tom Brandt, SVP & CFO

TeleCommunication Systems, Inc.

275 West Street, Annapolis, MD 21401

Tel (410) 280-1001

www.telecomsys.com


Documents

Telecommunication Systems IR presentation 25-06-1015