Tech Companies: WidePoint Unit Wins TSA Contract
September 24, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — WidePoint Corp. (AMEX: WYY), a provider of wireless mobility management and cybersecurity solutions, said that its wholly owned subsidiary, iSYS LLC has been awarded a five-year contract which includes a base year and four option years, to provide wireless management services to the Transportation Security Administration (TSA).
The contract award is valued at around $84 million for its five-year life cycle including all option periods, according to WidePoint.
Washington-based iSYS is a provider of mobile and telecom management services to U.S. federal, state and local government agencies and commercial clients.
Illinois-based WidePoint is a specialist in providing wireless mobility management and cybersecurity solutions utilizing its information technology products and services.
WidePoint has several wholly owned subsidiaries holding government and commercial contracts including, Operational Research Consultants, Inc., iSYS, LLC, Protexx, Advanced Response Concepts Corp. and WidePoint IL.
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