WidePoint Corporation Retains Hayden IR to Expand Comprehensive Investor Relations Program
Company Focused on Increasing Awareness and Enhancing Shareholder Value
WASHINGTON, Feb. 2 /PRNewswire-FirstCall/ -- WidePoint Corporation (NYSE-AMEX: WYY), specialist in wireless mobility management and cybersecurity solutions, announced today it has retained Hayden IR, a New York-based national investor relations consulting firm, to provide guidance and execute a strategic investor relations campaign designed to increase awareness and enhance shareholder value.
"Now that WidePoint has past the inflection point and is witnessing sustainable growth, profitability and cash flows, we decided to engage Hayden IR to broaden our exposure with investors and work with our management team to create lasting shareholder value," said Jim McCubbin, WidePoint's chief financial officer. "WidePoint continues to benefit from the push by government organizations to improve efficiency, deploy volume purchasing power and enhance their cyber-security, and we have just begun to penetrate this rapidly developing marketplace. We are eager to convey this to potential investors and feel it is an opportune time to enlist Hayden's expertise to expand and improve our investor relations initiatives with a broader comprehensive investor program."
With offices in New York, Phoenix, Minneapolis and San Diego, Hayden IR provides a comprehensive range of investor relations services to a growing list of clients. For more than a decade, Hayden IR has been a recognized leader in driving market recognition and creating sustainable competitive advantages for more than 100 micro- and small-cap companies. Hayden delivers expertise and professionalism in such areas as investor management, relationship building, awareness campaigns, online presence and corporate identity.
Brett Maas, Managing Partner at Hayden IR, added, "WidePoint has demonstrated consistent, sequential and year-over-year revenue growth while expanding operating margins that are poised to drive a significant and increasing portion of incremental revenue to the bottom line. WidePoint has developed proprietary technology to create 'stickiness' with its growing base of government customers, providing investors with significant visibility and confidence for the future. We are enthusiastic about developing a program that will help raise WidePoint's visibility and communicate their competitive strengths, market potential and industry-leading position to the investment community."
About WidePoint
WidePoint is 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, and WidePoint IL. WidePoint enables organizations to deploy fully compliant IT services in accordance with government-mandated regulations and advanced system requirements. For more information, visit http://www.widepoint.com.
Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; (iv) the declaration and payment of dividends; and (v) the risk factors disclosed in the Company's periodic reports filed with the SEC. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk factors disclosed in the company's Forms 10-K and 10-Q filed with the SEC.
For More Information: |
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James T. McCubbin, EVP and CFO |
Brett Maas or David Fore |
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WidePoint Corporation |
Hayden IR |
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7926 Jones Branch Drive, Suite 520 |
(646) 536-7331 |
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McLean, VA 22102 |
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(703) 349-2577 |
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SOURCE WidePoint Corporation
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