TCS 2013 Annual Report - page 93

Forward-Looking Statements
This document includes certain “forward-looking” statements within the meaning of the Private Securities
Litigation Reform Act of 1995. For example, the statements that (i) we believe the most difficult chapters
are behind us, (ii) TCS possesses the breadth, scale and history to position the company for growth, (iii)
commercial and defense global technology companies who need experts in secure wireless communication
are coming to TCS to collaborate on new communication technologies, (iv) a number of new communica-
tion technology programs are under way, (v) we anticipate a renewal of demand for both next generation
9-1-1 call handling and ESInet solutions, (vi) we expect intellectual property monetization projects to gener-
ate further sales or licensing agreements or direct patent enforcement and third-party represented patent
enforcement, (vii) TCS products will continue to be embedded in the US Defense Department’s communica-
tions architecture, (viii) we are advancing our products, maintaining high customer satisfaction ratings, and
expanding with new customers, new offerings to existing customers and new and enhanced global technol-
ogy partners, (ix) we expect better visibility and stability in the government segment of our business, and
(x) we view our 2013 EBITDA and operating cash flows as the floor of a cycle are some of the forward look-
ing statements in this document. These statements involve risks and uncertainties, and actual results may
differ materially. Factors that could cause or contribute to such differences include, but are not limited to,
those discussed elsewhere in the Company’s filings with the Securities and Exchange Commission. Readers
are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the
date of this Annual Report. The Company undertakes no obligation to publicly release any revisions to the
forward-looking statements or reflect events or circumstances after the date of this document.
© 2014 TeleCommunication Systems, Inc. (TCS). All rights reserved. TCS
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is a trademark of TCS. All other trademarks
are the property of their respective companies. Information subject to change without notice. | NasdaqGSM: TSYS
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