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TeleCommunication Systems, Inc. (TSYS) Announces Enhanced Feature Set for TCS Workforce Locator

|Includes: TeleCommunication Systems, Inc. (TSYS)

TeleCommunication Systems Inc. is a world leader in highly reliable and secure mobile communication technology. The company announced today significant enhancements to its leading mobile resource management (MRM) solution – TCS Workforce Locator.

TCS Workforce Locator is a web-based location application that heightens an organization’s visibility into its mobile workforce, thereby increasing productivity of its mobile teams. Delivered to enterprise users by wireless providers, it gives organizations the ability to locate field workers in real time, communicate with them via text messaging, and direct their mobile workforce and resources in order to lower customer response times and save valuable resources.

With the new enhancements of TeleCommunication Systems TCS Workforce Locator, a manager can send messages to individuals, groups or entire teams. Managers can also give workers pinpoint directions as to customer locations or other points of interest nearby.

This news, along with news of a $269 million order from the US Marine Corps, has led to a very positive stock market response. The company’s stock is currently trading at $4.73 a share, up $1.00 or 26.81% for the day. The volume, at 7.5 million shares, is well above the average daily volume of about 572,000 shares. For further information about TeleCommunication Systems, please visit the company’s website at telecomsys.com

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