News | August 20, 2008

WidePoint's iSYS Continues To Expand Contracts With The Department Of Defense And The Transportation Security Administration

WASHINGTON--(BUSINESS WIRE)--WidePoint Corporation (AMEX:WYY), a leading provider of advanced information technology, identity assurance and protection and mobile telecom management services, today announced that its subsidiary iSYS has received several new task orders from the Department of Defense (DoD's) Washington Headquarters Services (WHS) and a modification to its contract with the Transportation Security Administration (TSA) representing a total value of approximately $2.5 million.

Under our WHS Blanket Purchase Agreement to provide mobile telecom management services (MTMS) for the Office of the Secretary of Defense, the company has received eight new task orders fully funded for an additional $1.5 million. Since the beginning of August, the company has received $4.0 million in new task orders from WHS.

The company also received an additional modification to our contract with the TSA representing approximately $900,000 in value and additional task orders representing approximately another $100,000 in new awards. Since July, the company has received contract modifications from the TSA representing $7.2 million in additional contract value.

iSYS President Jin Kang said, "Our proprietary technology, excellent customer service, and industry experts provide our clients with superior service and cost effective solutions that they continue to extend throughout their organizations. We believe this positive past performance will be the cornerstone of our success as we market our services to the 14 additional agencies participating in the General Service Administrations (GSA) Federal Strategic Sourcing Initiative (FSSI). Further, we believe our successes will lead to the awards of additional federal agencies and departments, states, cities, local municipalities, and other organizations."

About WidePoint

WidePoint is a leading provider of advanced information technology products and services including identity management and information assurance and protection services, forensic informatics and wireless technology services. WidePoint has several wholly owned subsidiaries holding major contracts, Operational Research Consultants, Inc. (ORC), iSYS, LLC, Protexx, 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.

An investment profile about WidePoint may be found at http://www.hawkassociates.com/profile/wyy.cfm.

For investor relations information regarding WidePoint, visit http://www.hawkassociates.com and http://www.americanmicrocaps.com, or contact Frank Hawkins or Cale Smith, Hawk Associates, at 305-451-1888, e-mail: widepoint@hawkassociates.com. To receive notification of future releases via e-mail, subscribe at http://www.hawkassociates.com/about/alert/.

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; and (iv) the declaration and payment of dividends. 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 disclosed in the company's Forms 10-K and 10-Q filed with the SEC.

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