WASHINGTON, June 8 /PRNewswire-FirstCall/ -- 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 selected to provide wireless Telecommunications Expense Management (TEM) services to the U.S. Courts. This is the fourth contract awarded to iSYS under the General Services Administration's (GSA) Federal Strategic Sourcing Initiative (FSSI) Wireless TEM services contract.
Jin Kang, President of iSYS, said, "We are extremely pleased with this award. In the fall of 2009, we were awarded a pilot program with the U.S. Third Circuit Court of Appeals that demonstrated the savings potential and enhanced management efficiency that a TEM solution provides. Upon the success of the pilot project, the Administrative Office of the U.S. Courts performed a competitive procurement, and through this process, we were awarded a contract allowing for our TEM services to be made available to all Federal Courts."
Mr. Kang added, "In addition to the base year, this contract opportunity includes four option years. Given the thousands of lines expected to be managed, we believe this represents a multi-million dollar opportunity for WidePoint. We look forward to working with each Court to realize maximum savings and accountability in their wireless programs."
The Company is also pleased to announce it has also won every award released through the GSA FSSI Wireless TEM contract vehicle. These wins demonstrate the talent of the WidePoint team, the strength of the Company's system, and the efficiency of its processes. FSSI solutions provide Federal agencies easy access to common procurement vehicles that offer economies of scale discounts, business intelligence, and best practice solutions. The FSSI Wireless TEM services contract covers core and optional services such as contracts administration, contract and rate plan optimization, inventory management, invoice auditing and management, ordering and procurement, bill payment, reporting, dispute resolution and device recycling and disposal. The FSSI Wireless TEM services contract was developed to enable Federal agencies to more easily access TEM services for lowering the costs of using and managing commercial wireless services.
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, Inc., 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:
SOURCE WidePoint Corporation