TeleCommunication Systems Introduces Cross-Carrier NAVBuilder® Development Platform
Advanced, Cross-Carrier, Cross-Operating-System Software Development Kit Provides Monetization Tools for Building Interactive LBS Applications at No Charge to Developers
ANNAPOLIS, Md., May 4, 2012 /PRNewswire/ -- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced new enhancements to its NAVBuilder® Software Development Kit (SDK). Mobile application developers can now leverage new NAVBuilder Application Programming Interfaces (APIs) to develop location-based services (LBS) applications for mobile devices across U.S. carriers and platforms. NAVBuilder enables developers to integrate features such as local search, mapping, directions and other location features into their applications to use on Android, BlackBerry, BREW and iOS devices. Deals and coupons are available on Android, BlackBerry, and BREW devices. In addition, the SDK provides TCS' navigation invocation API that enables the launching of TCS' white label navigation applications. Over 1,000 OEM and third-party developers have registered for the free SDK.
"A recent study by ABI Research projects that U.S. carrier location-based revenues will nearly double to $4.1 billion by 2016," said Jason Penkethman, vice president of TCS' Navigation and Telematics group. "Additionally, there is an increasing need for mapping and navigation tools across mobile platforms. The NAVBuilder SDK will allow LBS developers to tap into this increasing revenue stream, while providing them with solutions to the major challenges they face: how to build their applications so that they work across multiple handset and tablet operating systems; how to provide an application that will work across multiple wireless carriers; how to monetize their application, even if they decide to offer it at no charge; and how to access the power of local search, detailed maps, customizable location data and state-of-the-art navigation without re-inventing the wheel or coding multiple times. NAVBuilder truly reduces development costs and time-to-market."
TCS' NAVBuilder consists of LocationKit, MapKit and mobile deals and coupon APIs.
-- MapKit provides an embeddable map interface through a set of functions
that enable applications to display map imagery within windows and
views. The interface can annotate maps with points of interest, local
deals and coupons. Developers can add a revenue stream to their
applications which are filtered by category and type to maximize
-- MapKit also provides directions, custom layers and other custom
information and supports the device's native gestures (such as pan and
zoom) with minimum developer effort. Geocoding and reverse geocoding
services are included in the SDK, as well as a comprehensive set of
local search APIs;
-- LocationKit allows users to access a single position or a continuous
stream of positions to determine the current latitude and longitude of a
device; the interface uses the available hardware and the NAVBuilder
server to provide a location using stand-alone GPS, Wi-Fi or cell
TCS is a global leader in high-reliability location-based services. It provides complete, end-to-end wireless LBS solutions that include branded and private-label applications, infrastructure, mapping, and content for leading consumer brands, content providers, voice service providers and more than 60 commercial customers worldwide. TCS provided the world's first wireless location platform, and it is the industry's leading provider of LBS infrastructure. Using innovative mobile cloud computing services, TCS offers top revenue-producing applications for navigation, hyper-local search, workforce tracking and family locators. For more information on TCS LBS services, visit http://www.telecomsys.com/LBS. For more information on NAVBuilder, visit: http://www.telecomsys.com/products/navigation-telematics/Developer-solutions/NAVBuilderInside.aspx
About TeleCommunication Systems, Inc.
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) is a world leader in highly reliable and secure mobile communication technology. TCS infrastructure forms the foundation for market leading solutions in E9-1-1, text messaging, commercial location and deployable wireless communications. TCS is at the forefront of new mobile cloud computing services providing wireless applications for navigation, hyper-local search, asset tracking, social applications and telematics. Millions of consumers around the world use TCS wireless apps as a fundamental part of their daily lives. Government agencies utilize TCS' cyber security expertise, professional services and highly secure deployable satellite solutions for mission-critical communications. Headquartered in Annapolis, MD, TCS maintains technical, service and sales offices around the world. To learn more about emerging and innovative wireless technologies, visit http://www.telecomsys.com.
Except for the historical information contained herein, this news release contains forward-looking statements as defined within 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 subject to risks and uncertainties and are based upon TCS' current expectations and assumptions that if incorrect would cause actual results to differ materially from those anticipated. Risks include without limitation those detailed from time to time in the Company's SEC reports, including the reports on Form 10-K for the year ended December 31, 2011 and on Form 10-Q for the quarter ended March 31, 2012.
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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