WidePoint Awarded Contract for Telecom Expense Management by a Federal Agency Under the Department of Defense
Task Order for one base year and two option year periods valued at $3.65 million
McLean, Virginia, January 15, 2014 – 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 a contract by an existing federal agency customer for wireless Telecom Expense Management (TEM) services. The award is based on a recompete of an expired prior contract and is for one base year and two option year periods. Total contract value is $3.65 million including all options.
John Atkinson, chief sales & marketing officer of WidePoint, stated, “As we continue to build our presence within the US Federal Government marketplace, this award provides another beachhead for WidePoint’s expansion. Over the past year we have won five new awards from four federal departments outside of our Department of Homeland Security Blanket Purchase Agreement. We are working to build on those successes and propagate our proprietary solutions throughout the 15 federal departments and other executive-level agencies.”
Jin H. Kang, chief operations officer of WidePoint, stated, “This expanded award is for managed services, which should continue to bolster our goal of increasing our operating margins. Our secure, cloud-based managed services are flexible and adaptable, and combined with our deep understanding of the requirements and needs of federal customers, allow us to generate value by delivering ongoing cost savings and efficiency-related improvements.”
Steve L. Komar, chief executive officer & chairman of WidePoint Corporation, said, “We are pleased to see our federal business growing beyond our existing contract vehicles. With the convergence of our next-generation identity management and our scalable and adaptable Telecom Lifecycle Management solutions, we believe we are poised to offer a differentiated set of proprietary and secure solutions that will offer the marketplace a path to addressing the many problems associated with secure access, control, assurance, and management of all types of mobile devices.”
WidePoint (NYSE Mkt: WYY) 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.