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TCS And CIBERNET to Offer the First Complete Inter-carrier Messaging Solution
ANNAPOLIS, Md. & WASHINGTON, Dec 19, 2001 - TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) and CIBERNET today announced the
first complete solution to deliver inter-carrier text messaging for wireless carriers. The companies' new inter-carrier text messaging solution will integrate CIBERNET's new
Mobile Xchange Protocol (MXP(TM)) with TCS' Message Distribution Center (MDC).
The technology alliance resolves both the technical challenges of delivering messages between carriers, regardless of air interfaces (CDMA, TDMA, GSM, etc.), and the
financial settlement hurdles needed to ensure that carriers are compensated for the delivery of messages into their networks. Carriers electing to use this solution will be
able to offer a complete two-way, inter-carrier text messaging experience. Carriers will receive compensation for delivering messages from other carrier networks, charge
their customers accordingly and drive revenue from text messaging services, irrespective of carrier networks.
"When TCS first announced its inter-carrier messaging solution we knew we also had to offer carriers a solution to ensure that they could generate revenue from messaging
transactions," said Maurice B. Tose, chairman, president and CEO of TCS. "With CIBERNET, we've pulled together the messaging and financial settlement infrastructure to
offer the first complete solution for inter-carrier messaging."
"As the established provider of roaming transaction settlement, CIBERNET is uniquely poised to serve alongside TCS as the financial clearinghouse for inter-carrier
messaging," said George Shaginaw President and CEO of CIBERNET. "Our new Mobile Xchange Protocol (MXP) is a perfect complement to TCS' inter-carrier messaging
platform."
TCS' Message Distribution Center (MDC) enables text messaging subscribers to send a message to any digital wireless phone by simply entering the person's phone
number. The MDC serves as a central point between carrier networks, leveraging TCS' Wireless Internet Gateway(TM) technology to enable messages to flow seamlessly
between networks. TCS' carrier-grade text messaging technology is currently operational in 16 carrier networks and 8 countries Worldwide.
CIBERNET's new Mobile Xchange Protocol (MXP) was developed to support mobile commerce and is compatible with existing voice and data billing protocols. MXP provides
the format, structure, and processes to capture and exchange service, customer, and charge details for different types of data at different levels of pricing.
ABOUT CIBERNET
CIBERNET Corporation is owned by the Cellular Telecommunications & Internet Association (CTIA). CIBERNET has provided inter-company billing protocols, roaming
administration tools, and financial settlement solutions to the wireless industry since 1988. CIBERNET serves over 300 customers in more than 80 countries across all
network and air interface technologies, and settles $6 billion (US) annually in wireless service transactions. CIBERNET has offices in Washington, DC, London, England,
and Hyderabad, India. Visit CIBERNET at www.cibernet.com.
ABOUT TELECOMMUNICATION SYSTEMS, INC.
TCS is evolving wireless technology. As the key architect of wireless messaging and location technology, TCS is delivering essential software, services, and solutions to
carriers that enable people to better manage their mobile lifestyle. TCS occupies a privileged position within the core of the wireless carrier network enabling it to develop
technology that ensures the security, reliability and privacy of people's wireless messages.
Today, TCS is a preferred technology provider to carriers worldwide including Vodafone, Verizon Wireless, Telefonica, VoiceStream and Qwest. Through its Solutions group,
TCS deploys advanced technologies and products that promote the continued evolution of wireless services. Visit the web site at 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 the risks and uncertainties relating to the Company's future financial results and
the ability of the Company to (i) reach profitability as early as anticipated (ii) continue to rely on third parties to market and sell the Company's products and for other
relevant support, (iii) adapt and integrate new technologies into its products, (iv) expand its business offerings in the new wireless data industry, (v) capitalize on
opportunities in the marketplace, (vi) develop software without any errors or defects, and (vii) implement its sales and marketing strategies.
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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