WidePoint Subsidiary iSYS Awarded $84 Million Five-Year Contract From Transportation Security Administration

WASHINGTON, Sept. 23 /PRNewswire/ -- WidePoint Corporation (NYSE Amex: WYY), a specialist in wireless mobility management and cybersecurity solutions, today announced that its wholly owned subsidiary, iSYS LLC has been awarded a five-year contract which includes a base year and 4 option years, to provide wireless management services to the Transportation Security Administration (TSA). The contract award is valued at approximately $84 million for its five-year life cycle including all option periods.

"We are very happy for the opportunity to continue our support at TSA," said Jin Kang, President of iSYS. "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."

iSYS mobile management solutions combine industry expertise with the Company's award-winning proprietary Intelligent Telecommunication Management System© (ITMS©) that meets Department of Defense Gold Disk Standards for IT Security. As the leading provider of mobile management services to the U.S. Federal Government, iSYS manages more wireless devices for more agencies than any other provider. iSYS expense management programs enable clients to gain visibility and control of wireless and telecom costs and establish standardized procurement and management procedures for wireless assets. iSYS wireless management solutions also support numerous State and Local agencies, enabling clients to gain customized insight into procurement optimization, compliance, invoice management, usage details and service activation.

WidePoint's CEO, Steve L. Komar, said, "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."

About iSYS:

iSYS (www.isysllc.com) is a leading provider of mobile and telecom management services and has delivered innovative Information Technology solutions to U.S. Federal, State and Local government agencies and commercial clients since 1999. iSYS solutions have generated more than $70 million in actual telecom cost savings for government agencies including the U.S. Department of Homeland Security, Administrative Office of the U.S. Courts, The Ohio State University, U.S. Customs and Border Protection, City of San Diego and the Centers for Disease Control and Prevention, among others.  

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, Advanced Response Concepts Corporation 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.

SOURCE WidePoint Corporation

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