TeleCommunication Systems And Acacia Subsidiary Enter Into Patent Licensing Alliance

 TeleCommunication Systems And Acacia Subsidiary Enter Into Patent Licensing

Agreement Grants Exclusive Rights to License and Enforce a Portion of TCS'
Location-Based Services Patents

PR Newswire

ANNAPOLIS, Md. and NEWPORT BEACH, Calif., Feb. 19, 2013

ANNAPOLIS, Md. and NEWPORT BEACH, Calif., Feb. 19, 2013 /PRNewswire/
--TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in
highly reliable and secure mobile communication technology, and Acacia
Research Corporation (NASDAQ: ACTG), a leader in patent licensing, today
announced that TCS and a subsidiary of Acacia have entered into a patent
licensing alliance, whereby the Acacia subsidiary has acquired the rights to a
portion of TCS' location-based services (LBS) patent portfolio.

TCS is a world leader in high-reliability LBS. As a developer of complete
end-to-end LBS solutions, it provides branded and white-label applications,
infrastructure, mapping and content.

"Yet another important step in our patent licensing initiatives has been taken
today," said Maurice B. Tose, TCS chairman, CEO and president. "We look
forward to maximizing the potential return on these patent licenses, and we
will continue to seek out similar opportunities whenever possible."

"We are pleased to once again be selected to help TCS realize fair value from
their research and development investment," said Paul Ryan, CEO of Acacia.

With clear strengths in public safety, mobile location, messaging, and the
wireless communication fields, TCS has created an impressive intellectual
property portfolio. Meaningful partnerships with other industry-leading
companies can be developed through direct licensing, cross licensing and joint
venture agreements. In 2012, TCS was issued 58 U.S. patents; TCS filed 57 U.S.
patents, and TCS sold two U.S. patents, bringing the total number of patents
issued worldwide in the portfolio to 263, with over 350 patent applications
pending worldwide.

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

About Acacia Research Corporation
Acacia Research Corporation's subsidiaries partner with inventors and patent
owners, license the patents to corporate users, and share the revenue. Acacia
Research Corporation's subsidiaries control over 250 patent portfolios,
covering technologies used in a wide variety of industries.

Information about Acacia Research Corporation and its subsidiaries is
available at and

TCS Safe Harbor Information
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. Specifically, the statement that, "this alliance will enable us
to efficiently optimize our return on the company's investment in these
patents" is a forward-looking statement. Risks include without limitation the
possibility that no licensing revenues will result from these efforts, and
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 the quarter
ended September 30, 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.

Acacia Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995
This news release contains forward-looking statements within the meaning of
the "safe harbor" provisions of the Private Securities Litigation Reform Act
of 1995. These statements are based upon our current expectations and speak
only as of the date hereof. Our actual results may differ materially and
adversely from those expressed in any forward-looking statements as a result
of various factors and uncertainties, including the recent economic slowdown
affecting technology companies, the ability to successfully develop licensing
programs and attract new business, rapid technological change in relevant
markets, changes in demand for current and future intellectual property
rights, legislative, regulatory and competitive developments addressing
licensing and enforcement of patents and/or intellectual property in general,
and general economic conditions. Our Annual Report on Form 10-K, recent and
forthcoming Quarterly Reports on Form 10-Q, recent Current Reports on Forms
8-K and 8-K/A, and other SEC filings discuss some of the important risk
factors that may affect our business, results of operations and financial
condition. We undertake no obligation to revise or update publicly any
forward-looking statements for any reason.

(Logo: )

Media Contacts:                TCS Contact:             TCS Investor
TCS                            Meredith Allen           Liolios Group, Inc.
Nadel Phelan, Inc.             410-295-1865             Scott Liolios
Graham Sorkin            949-574-3860
Acacia Research Corporation:   Acacia Research Contact:
Adam Handelsman                Rob Stewart
Lippert, Heilshorn &           949-480-8311
(212) 201-6622       

SOURCE TeleCommunication Systems, Inc.

Press spacebar to pause and continue. Press esc to stop.