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TeleCommunication Systems Inc. (TSYS)

2.80 0.04(1.41%) Sep 29, 4:00PM EDT
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TeleCommunication Systems Inc.
275 West Street
Annapolis, MD 21401
United States - Map
Phone: 410-263-7616
Fax: 410-280-4903

Index Membership:N/A
Industry:Application Software
Full Time Employees:1,257

Business Summary 

TeleCommunication Systems, Inc. develops and delivers wireless communication technology in the United States, Europe, Latin America, Africa, and Asia. The company operates in two segments, Government and Commercial. The Government segment designs, furnishes, installs, and operates wireless communication systems and components, including its SwiftLink deployable systems that integrate high speed, satellite, and Internet protocol technology with federal Government-approved cryptologic devices. It also owns and operates satellite teleport facilities; resells access to satellite airtime; and provide professional services, such as field support of its systems and cyber security training to the U.S. Department of Defense and other government and foreign customers. In addition, this segment offers engineering and electronics solutions for the space and defense markets. The Commercial segment enables 9-1-1 call routing through cellular, voice over Internet protocol, and next generation technology. It also provides hosted and managed services, including cellular carrier infrastructure for text messaging, and location-based platforms and applications, such as turn-by-turn navigation. This segment serves wireless carrier network operators, voice over Internet protocol service providers, state and local governments, wireless device manufacturers, and automotive industry suppliers. The company’s customers use its mobile cloud software functionality through connections to and from network operations centers. It sells its products and services through direct sales force and indirect channels, as well as through relationships with original equipment manufacturers. TeleCommunication Systems, Inc. was founded in 1987 and is headquartered in Annapolis, Maryland.

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Corporate Governance 
TeleCommunication Systems Inc.’s ISS Governance QuickScore as of Sep 1, 2014 is 10. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 10; Compensation: 10.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Maurice B. Tos , 57
Founder, Exec. Chairman, Chief Exec. Officer and Pres
Mr. Thomas M. Brandt Jr., 62
Chief Financial Officer, Sr. VP and Director
Mr. Richard A. Young , 68
Chief Operating Officer, Exec. VP and Director
Mr. Drew A. Morin , 54
Chief Technical Officer and Sr. VP
Mr. Timothy J. Lorello , 57
Chief Marketing Officer and Sr. VP of Commercial Sales
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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