BNET Industries

Market Cap:$278.1M
Last Fiscal Year Sales:$220.1M
  • Public
  • US
Dow Jones Description

TeleCommunication Systems, Inc. (TCS) is a leading provider of mission-critical wireless data solutions to government customers, public safety, and carriers. TCS produces wireless data communications technology solutions that require proven high levels of reliability. TCS' wireless data offerings include secure deployable communication systems and engineered satellite-based services; location-based wireless and VoIP Enhanced 9-1-1 services; messaging and location service infrastructure for wireless operators; and commercial location applications, like traffic and navigation, using the precise location of a wireless device.

Chairman, President & CEOMaurice B. Tose
Number of Employees 573
Contact Information

275 West Street

Annapolis, Maryland 21401

www.telecomsys....

410.263.7616

NAICS Code Software Publishers: 511210

Recent Events

  • U.S. Army Funds Additional $3.4 Million Order for SNAP Deployable

    6/25/09 - New Investment - View Story

  • TeleCommunication Systems Acquires Former Autodesk Unit...

    5/19/09 - Merger / Acquisition - View Story

  • NewsWatch: Pinkney to retire from Montgomery College

    5/22/09 - Merger / Acquisition - View Story

  • TeleCommunication Systems Acquires Former Autodesk Unit LocationLogic, Location-Based Services Provider

    5/19/09 - Merger / Acquisition - View Story

  • Systems Reports First Quarter 2009 Results

    5/14/09 - Board Member - Leaving - View Story

  • Army Funds Additional $5.6 Million for TCS SNAP Deployable Satellite Solutions

    2/19/09 - New Investment - View Story

  • TeleCommunication Systems 4Q profit soars 

    2/05/09 - Financial Announcement - View Story

  • TCS Expands Relationship With Cricket Communications to Provide Life-Saving E9-1-1 Services

    2/02/09 - Joint Venture / Alliance - View Story

News & Analysis

telecommunication systems inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Drew Morin Senior Vice President and Chief Technology Officer
Richard Young COO & Executive Vice President
Thomas M. Brandt CFO & Senior Vice President
Tim Lorello Senior Vice President, Global Commercial Sales and Chief Marketing Officer
Dan Allen Senior Vice President, Service Bureau Operations
Kevin M. Webb Senior Vice President, Global Sales & Alliances
Michael D. Bristol Senior Vice President, Government Solutions Group
Rita Thompson Director, PR
William Warren Director, Marketing Comm

Board of Directors

Name (plus bio) Position
Maurice B. Tose Chairman, President & CEO
Clyde A. Heintzelman Board of Directors
James M. Bethmann Board of Directors
Richard A. Kozak Board of Directors
Weldon H. Latham Board of Directors

Maurice B. Tosé founded TeleCommunication Systems (TCS) in 1987 and has been a director and Chairman of the Board since then. Prior to founding TCS, Mr. Tosé was the Director of Department of Defense Programs for Techmatics, Inc., headquartered in Silver Spring, Maryland. He was recognized in each of the past three years as one of the country’s Top Black Technology Entrepreneurs by Career Communications Group, Inc. He currently is a Commander in the U.S. Navy Reserves and serves on the Board of Directors of the U.S. Naval Academy Foundation. Mr. Tosé holds a B.S. degree in Operations Analysis from the U.S. Naval Academy.

Organization Position Status
Telecommunication Systems Inc. Chairman, President & CEO Current
United States Naval Academy Bachelor of Science degree in Operations Analysis Former

As Senior Vice President and Chief Technology Officer, Mr. Morin is responsible for the technical direction and coordination of TCS' development activities across business units. Mr. Morin has over 20 years of experience in analysis, design, development and implementation of integrated voice/data/video communication systems for a wide variety of applications in both the government and commercial sectors. Prior to joining TCS in 1988, Mr. Morin worked for BDM Corporation as a Communications Systems Engineer where he designed, developed and implemented next generation systems including a tactical wireless data communications network and one of the first secure local area networks. Mr. Morin holds a B.S. degree in Systems Engineering from the University of Virginia in Charlottesville, Virginia and a Master of Science degree in Systems Engineering from George Mason University in Fairfax, Virginia.

Organization Position Status
Telecommunication Systems Inc. Senior Vice President and Chief Technology Officer Current
George Mason University Master of Science Degree In Systems Engineering Former
University of Virginia B.S. Degree In Systems Engineering Former
Organization Position Status
California Fisheries Fund CEO Current
Telecommunication Systems Inc. COO & Executive Vice President Current
Chesapeake Regional Tech Council Board of Directors Current
Naval Postgraduate School Master of Science Degree Former
University of California, Santa Barbara Ph.D. In Economics Former
Naval Postgraduate School Master of Science Degree In Information Technology Former
United States Naval Academy B.S. Degree In Engineering Former

Mr. Brandt joined TCS in 1997 and is responsible for the company’s financial management, reporting, controls, accounting and administration. He was previously CFO of Digex, Inc. where he helped lead an IPO, and CFO or controller of other corporations, including a Fortune 500 New York Stock Exchange company, as well as 12 years with Price Waterhouse. He joined the TCS Board of Directors in 2009, and serves on the Boards of Antenna Research Associates, a private communications technology manufacturing company; and AeA (formerly American Electronics Association), the largest US IT trade association. He is a CPA with an AB from Duke University and an MBA from the Wharton School of the University of Pennsylvania.

Organization Position Status
Telecommunication Systems Inc. CFO & Senior Vice President Current
NYSE Group, Inc. Former
Telecommunication Systems Inc. Board of Directors Former
Duke University CPA Former

As Global Commercial Sales Senior Vice President and Chief Marketing Officer, Mr. Lorello has responsibility for the sale, strategic partnerships and distribution channels of the company’s messaging, location, applications and emergency 9-1-1 portfolio of products and services to operators around the world. He is also responsible for corporate and marketing communications, branding activities, and product strategy for all TCS products and services. When Mr. Lorello joined the company more than 12 years ago, he was tasked with the creation of TCS' commercial division. Responsible for the development, marketing and sales of TCS' messaging product and services portfolio, he led the newly established Network Intelligence Division and built the current base of commercial customers. He has over twenty-eight years experience in the computer industry, with twenty-three of those years in the telecommunication industry. Prior to joining TCS in 1995, Mr. Lorello was employed by AT&T/Bell Laboratories (now Alcatel-Lucent) specializing in intelligent networks, and providing market support for the cellular, PCS, independent and broadband intelligent network industry segments. Mr. Lorello has a B.S. degree in Physics from the University of Chicago, a Master of Science in Electrical Engineering from Northwestern University, and holds five patents.

Organization Position Status
Telecommunication Systems Inc. Senior Vice President, Global Commercial Sales and Chief Marketing Officer Current
Northwestern University Master of Science in Electrical Engineering Former
University of Chicago B.S. degree in Physics Former

As Senior Vice President of Service Bureau Operations for TeleCommunication Systems, Dan has responsibility for Wireless E9-1-1 operations, Voice-over-Internet Protocol (VoIP) E9-1-1 operations, hosted location services, data center operations and for ensuring that the Company maintains its enviable record of reliability through ISO 9001 and TL 9000. Dan has over 30 years experience in telecommunications in senior management positions, with the most recent 20 years in the cellular industry. He has been responsible for ten wireless company start-ups in the U.S. and internationally. Most recently Dan was President and CEO of Airbiquity, a wireless software company providing the automotive industry with major telematics applications. Dan was previously President of Nextel for the Mid-Atlantic Area where he had complete responsibility for all aspects of the implementation and operation of the iDEN® digital wireless communication company including Washington, D.C., Northern Virginia, Maryland, Pennsylvania, Delaware, and New Jersey, covering 15 million subscribers. Prior to that he held positions as Vice President of Operations for both Time Warner Telecommunications and Bell South International where he started cellular companies both domestically and abroad.

Organization Position Status
Telecommunication Systems Inc. Senior Vice President, Service Bureau Operations Current
Airbiquity, Inc. CEO Former
Airbiquity, Inc. President Former
BellSouth International Vice President of Operations Former
Organization Position Status
Telecommunication Systems Inc. Senior Vice President, Global Sales & Alliances Current
Brown University undergraduate degree Former

As Senior Vice President of the Government Solutions Group, Mr. Bristol oversees TeleCommunication Systems’ Government business divisions, including the SwiftLink® suite of products and services, SwiftLink Global Satellite Services, Teleport Operations, World Wide Logistics Support and Professional Services. Mr. Bristol has over 25 years of senior management experience, including Senior Director at Oracle Corp. responsible for business development for Oracle’s Navy/Marine Corps Consulting Business. Prior to Oracle, Mr. Bristol served nine years as VP and COO for Infocus Communications where he was responsible for all operating divisions and served on the Infocus Board of Directors. He has demonstrated performance in both public and private sector business. Mr. Bristol is a U.S. Military Academy at West Point graduate, where he earned a Bachelor’s degree in engineering and served as Captain, U.S. Army Military Intelligence.

Organization Position Status
Telecommunication Systems Inc. Senior Vice President, Government Solutions Group Current
Organization Position Status
Telecommunication Systems Inc. Director, PR Current
Organization Position Status
Telecommunication Systems Inc. Director, Marketing Comm Current

CLYDE A. HEINTZELMAN has served as a director of our company since December 1998, and is chairman of the board’s audit committee and a member of the corporate governance committee. Mr. Heintzelman served as the chairman of the board of Optelecom, Inc., from February 2000 to June 2003 and as its interim president and chief executive officer from June 2001 to January 2002. From November 1999 to May 2001, he was president of Net2000 Communications, Inc. From December 1998 to November 1999, Mr. Heintzelman served as our president and chief executive officer. Mr. Heintzelman serves on the boards of TeleCommunication Systems, Inc. and ITC DeltaCom, Inc., and as a member of the audit committee for both companies. Mr. Heintzelman also serves as Chairman of the Board of Citel plc. Mr. Heintzelman received a B.A. in marketing from the University of Delaware and did graduate work at Wharton, the University of Pittsburgh, and the University of Michigan.

Organization Position Status
Savvis, Inc. Board of Directors Current
Wam!Net Director Current
Telecommunication Systems Inc. Board of Directors Current
Savvis, Inc. Chief Executive Officer Former
Savvis, Inc. President Former
ITC Deltacom Inc. Board of Directors Former
University of Delaware B.A. degree in Marketing Former

Mr. Bethmann joined the Board of Directors in April 2006. Mr. Bethmann is a Managing Partner of The Caldwell Partners International, a retained executive search firm. Previously he was Managing Partner of Heidrick and Struggles following its acquisition of Highland Partners where he was a Vice Chairman of the firm. Before joining Highland Partners, Mr. Bethmann was Managing Director and co-led Korn/Ferry International’s Advanced Technology practice in North America, and established and led the firm’s software and emerging technologies practice. Prior to joining Korn/Ferry, Mr. Bethmann led the Southwest Technology Practice of Russell Reynolds Associates. Before executive search, Mr. Bethmann served as a Corporate Officer and a President of Recognition International, a supplier of high-performance document recognition systems, image, and workflow software solutions for leading businesses in the Americas, Pacific Rim, and Europe. He began his career in the U.S. Navy, achieving the rank of Lieutenant Commander. Mr. Bethmann holds a B.S. degree from the U.S. Naval Academy where he currently is a board trustee.

Organization Position Status
Telecommunication Systems Inc. Board of Directors Current
United States Naval Academy B.S. Degree Former

Richard A. Kozak joined the Board of Directors in December 1999, and is Chairman of the Audit committee. He is currently Chairman of R&D2 LLC, a company engaged in helping early stage companies commercialize their intellectual property assets. In 1998, Mr. Kozak founded and was the Chief Executive Officer and Chairman of the Board of Directors of 1eEurope, Ltd., formerly Galileo Communications, Ltd., a portfolio of companies focused on providing integrated e-business solutions to mid and large-size companies throughout Europe. From 1993 to 1997, Mr. Kozak was a co-founder and the President, Chief Executive Officer and member of the Board of Directors of American Communications Services, Inc., which became e.spire Communications, Inc. Prior to forming American Communications Services, Inc. in 1993, Mr. Kozak was the President of the Southern Division of MFS Communications, which was acquired by MCI WorldCom. From 1986 through 1989, Mr. Kozak was Vice President and General Manager of Global Messaging Services for GTE Telenet, now part of Sprint International. He holds a B.S. degree in Engineering from Brown University and an M.B.A. in Finance from The George Washington University School of Government and Business Administration. He is a member of the board of advisors for the Dingman School of Entrepreneurship at the University of Maryland, and the Chesapeake Innovation Center in Annapolis, Maryland.

Organization Position Status
Telecommunication Systems Inc. Board of Directors Current
Brown University B.S. degree in Engineering Former
Organization Position Status
Davis Wright Tremaine LLP Current
Telecommunication Systems Inc. Board of Directors Current
Georgetown University Law Center J.D. degree Former
Howard University B.A. degree in Business Administration Former

Executive News

  • TCS Wins Technology Marketing Corp.'s 2008 Communications Solutions Product of the Year Award

    Reuters - 6/19/09 - View Story

  • TCS Wins Technology Marketing Corp.'s 2008 Communications

    Market Wire via MSN Money - 6/19/09 - View Story

  • U.S. Patent Issued to TeleCommunication Systems, Inc. for First Responder Wireless Emergency Alerting

    Reuters - 6/16/09 - View Story

  • U.S. Patent Issued to TeleCommunication Systems, Inc. for First

    Market Wire via MSN Money - 6/16/09 - View Story

  • Citrix and TCS provide satellite comms system for US Army

    TradingMarkets - 6/11/09 - View Story

  • TeleCommunication Systems' Location Platform Wins Internet Telephony's 2009 WiMAX Distinction Award

    Broadband Wireless Exchange Magazine - 6/09/09 - View Story

  • Citrix to Boost Armys Satellite Communications Capabilities

    Business Wire - 6/09/09 - View Story

  • TeleCommunication Systems Selected for Next-Generation 9-1-1

    Market Wire via MSN Money - 6/08/09 - View Story

  • TeleCommunication Systems' Location Platform Wins Internet...

    MSN Money - 6/03/09 - View Story

  • Systems Acquires Former Autodesk Unit LocationLogic, Location-Based Services Provider

    Broadcast Newsroom - 5/28/09 - View Story

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     TSYS $7.01 -0.19 (-2.64% )
Average Volume 910,813
Shares Outstanding 45.94M
Market Cap 322.0M
Year High 10.5
Year Low 4.19
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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