Telecommunication Systems' CEO Elected to the CTIA

Mobile communication technology company TeleCommunication Systems, Inc., has announced that its chief executive officer, president and chairman of the board, Maurice B. Tosé, has been elected to the Executive Committee of CTIA- an international nonprofit membership organization that has represented the wireless communications industry since 1984.

In a press release, TeleCommunications Systems clarified that Tosé will serve his first one-year term as an "Other Supplier" Executive Committee member. Beginning on Jan. 1, 2012, Tose will assume the role of board of director.

The Executive Committee is responsible for all corporate governance and management issues of the association, including approval of its annual budget and dues, setting its public policy agenda and appointing members of the Nominating Committee.

Annapolis, MD based TCS is a market leading provider of 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 and professional services for mission-critical communications. TCS maintains technical, service and sales offices around the world.

Popular TCS applications include premium service turn-by-turn navigation, family and workforce locators, and hyper-local search. TCS also offers robust text messaging solutions, award-winning E9-1-1 and next generation 9-1-1 call routing for public safety, as well as advanced telematics solutions that are used by major auto manufacturers.

Maurice B Tosé co-founded TCS in 1987, and under his leadership, the company has grown to become a market leader, creating the foundation for market leading solutions in E9-1-1, text messaging, commercial location and deployable wireless communications. The company now provides wireless solutions to more than 60 carrier partners around the globe, including all U.S. Tier-1 carriers. TCS' government business provides cyber security, professional services, satellite communication and space technology and services to a broad range of U.S. military, government and commercial entities.

“Our industry has a healthy, vibrant representative organization in CTIA. I look forward to serving on its Executive Committee in order to help ensure its continued success,” Tosé noted in a statement.

Telecommunication Systems is one of the three companies in the Systems Software industry that reported the highest forward earnings yields.

TeleCommunication Systems ranks highest with a forward earnings yield of 17.3 percent followed by Microsoft with a forward earnings yield of 10.9 percent and Symantec ranking third highest with a forward earnings yield of 10.1 percent.