WidePoint Corporation Announces $16 Million in TLM Contract Awards in the First Quarter of 2017
McLean, VA, April 27, 2017 – WidePoint Corporation (NYSE Mkt: WYY), a leading provider of Managed Mobility Services (MMS) specializing in Cybersecurity and Telecommunications Lifecycle Management (TLM) solutions, announced today that it has been awarded approximately $16 million in new and option year contract awards for our public sector TLM services in the first quarter of 2017.
Jin Kang, chief operations officer of WidePoint, said, “These awards continue to demonstrate the success we are having within our public sector marketplace. Our strategic goal of expanding our public sector and federal base of business remains a key revenue driver as we continue to work to broaden our public sector customer base in 2017. As we enter the second quarter of 2017 we look forward to capturing other Department-level and enterprise-wide private sector contract vehicles to expand our reach within these key market segments for WidePoint.”
During the first quarter of 2017, the public sector awards represented two new task orders, three logical follow-on task orders, and 11 option year exercises, with all work to be performed in the current year.
Jeff Nyweide, chief executive officer of WidePoint, said, “We provide critical TLM services to organizations that want to aggressively reduce their telecommunications spend, while securing and improving their control over the various devices that are being deployed within their ever-expanding mobile environments. Our custom-made and unique service provides these public sector customers a federally approved platform, offering control, costs savings, and superior past performance that is demanded to meet their complex requirements. We are pleased with the progress we are making in support of our public sector customers, and we also continue to make progress in expanding our commercial efforts and in managing the convergence we currently see as we secure the multitudes of devices being used throughout these enterprise environments.”
WidePoint is a leading provider of secure, cloud-delivered, enterprise-wide information technology-based solutions that can enable enterprises and agencies to deploy fully compliant IT services in accordance with government mandated regulations and advanced system requirements. WidePoint has several major government and commercial contracts. For more information, visit www.widepoint.com.
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