WidePoint Managed Mobility Services Receives 4 New Federal Contract Awards

MCLEAN, Va., Oct. 8, 2014 /PRNewswire/ -- WidePoint Corporation (NYSE Mkt: WYY) a leading provider of Managed Mobility Services (MMS) specializing in Cybersecurity and Telecommunications Lifecycle Management (TLM) solutions, announced that it has received a contract award from a new federal government agency customer and three (3) new additional Task Orders under a recently awarded Federal Government Blanket Purchase Agreement (BPA). The new awards bring to WidePoint an additional agency under yet another Federal Department. The awards have a period of performance of one year and total approximately $2.7 million with the potential for the customers to choose extending the awards.

The new awards affirm the results that WidePoint Managed Mobility Services can achieve for organizations that are looking to reduce mobility costs, improve efficiency of their mobility programs, and provide better support for mobile workers.

"The addition of this new agency and orders from our existing customers validate our belief that our telecom management team provides vital services for our customers." said Jin H. Kang, chief operations officer of WidePoint. "We are committed to further growing our federal base and believe that we will continue to receive additional federal awards as we focus on optimizing our contract vehicles and expanding our service offerings."

Steve L. Komar, chief executive officer & chairman of WidePoint Corporation added, "We are pleased that federal agencies as well as state and local government are leveraging the acquisition vehicles that WidePoint and its subsidiaries hold as we continue to work to bring visibility to the value that can be achieved with WidePoint's Managed Mobility Services." Komar further added, "We also continue to be excited with the progress we are making in our Enterprise marketplace as our pipeline and awards continue to grow and as we prepare to further bolster our offerings with our new Cert-on-Device capabilities."

Information on the contracts and other acquisition vehicles held by WidePoint and its subsidiaries can be found at www.widepoint.com/contract-vehicles.

About WidePoint

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. 

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.

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SOURCE WidePoint Corporation

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