WidePoint Subsidiary, ORC to Provide Digital Certificates to Members of the MERS® eRegistry

WASHINGTON, Sept. 13 /PRNewswire-FirstCall/ -- WidePoint Corporation (NYSE Amex: WYY), a specialist in wireless mobility management and cybersecurity solutions, today announced that its wholly owned subsidiary, Operational Research Consultants, Inc. (ORC), was chosen by MERSCORP, Inc. ("MERS") to provide digital certificates for identification and digital signature to MERS® eRegistry members.  The MERS® eRegistry is the legal system of record that identifies the owner (Controller) and custodian (Location) for registered eNotes, providing greater liquidity, transferability and security for lenders.  WidePoint, through ORC, will provide MERS® eRegistry members with the ability to digitally sign and encrypt information so users of the MERS® eRegistry can be certain as to the identity and the credentials of the organizations with which they are transacting business and confident in the integrity of the data they transmitted.

WidePoint's CEO, Steve L. Komar, said, "This agreement proves WidePoint's ability to extend its proprietary solutions to emerging markets outside the government sector. Our government proven, federally-compliant cybersecurity solutions were the ideal answer for key members of the mortgage banking and financial services industries looking to streamline the mortgage process and add state-of-the-art security features to the electronic transmission of records, contracts and documents. Our digital certificate solution will provide the necessary trust to optimize the advantages of electronic processing, reduce fraud and assure accountability of these important transactions that are so vital to the economic stability of our nation."

Dan McLaughlin, MERS® Executive Vice President & Product Division Manager, said, "We're very pleased to have ORC provide our members this layer of security that is so vital in establishing the necessary level of trust when dealing with such crucial information as ownership of electronic promissory notes."  Kelly Purcell, Executive Vice President of eSignSystems, a division of Wave Systems Corp., a technology solutions partner/provider to MERS, also stated, "We are delighted that WidePoint is supporting MERS® and its members in the Pursuit of eMortgage adoption. We're confident that MERS® will receive the same exemplary service we've experienced in ORC's support of our eSignature/eVaulting solutions and Wave's TPM-based offerings."

ORC's security technology, in full compliance with all government and regulatory requirements, will ensure that only trusted entities are permitted to conduct business in MERS®. The contract award represents a key milestone in the expansion of the company's proven solution set for identity proofing, and certificate and credential issuing, employing the underlying public key cryptographic technology to the commercial market.

About MERS®

MERS® was created by the real estate finance industry to streamline the mortgage process by using electronic commerce to eliminate paper. The company operates a database that tracks loans as they move through the mortgage banking system. With over 3,000 members, MERS® is the real estate finance industry's utility. For more information, visit http://www.mersinc.org/.

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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