WidePoint Corp. (WYY) Subsidiary Wins $84 Million Contract

QualityStocks would like to highlight WidePoint Corp. (NYSE AMEX: WYY), a specialist in providing wireless mobility management and cybersecurity solutions utilizing its advanced information technology products and services. WidePoint has several wholly owned subsidiaries holding major government and commercial contracts including, Operational Research Consultants, Inc., iSYS, LLC, Protexx, Advanced Response Concepts Corporation and WidePoint IL.

In the company’s news yesterday,

WidePoint announced that its wholly owned subsidiary, iSYS LLC, has won a major contract from the TSA (Transportation Security Administration) to provide wireless management services. The five year contract, valued at approximately $84 million including all option periods, represents an expansion of the company’s telecom expense management services for TSA.

iSYS is already the leading provider of mobile management services to the Federal Government, and manages more wireless devices for more agencies than any other provider. iSYS mobile management solutions include the company’s award-winning proprietary ITMS (Intelligent Telecommunication Management System), which meets the DOD Gold Disk Standards for IT Security. Their expense management programs allow clients to better manage wireless assets, controlling procurement optimization, compliance, invoice management, usage details, and service activation. The net result is greater overall system visibility and control of wireless and telecom costs.

iSYS President, Jin Kang, commented, “Having provided telecom expense management services to TSA since 2006, iSYS looks forward to the expanded scope of mobile management services we will provide to further support TSA’s vital mission.”

WidePoint CEO, Steve Komar, added, “This award confirms iSYS’ leadership within the Federal TEM market space. It also marks an expansion of the TEM services at TSA, which we presently provide. It’s heartening to see the Federal Government’s continued use of TEM services to improve efficiency, streamline services and manage expenses.”

Since 1999, iSYS has been a leading provider of mobile and telecom management services for all levels of government within the U.S. WidePoint is a specialist in providing wireless mobility management and cybersecurity solutions, and has several wholly owned subsidiaries, including iSYS LLC, Operational Research Consultants, Protexx, Advanced Response Concepts Corporation, and WidePoint IL.

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