WidePoint Awarded New Software Solutions Cooperative Contract from the Texas Department of Information Resources

Rhea-AI Summary

WidePoint Corporation (NYSE American:WYY) announced a new Cooperative Contract award for Software Solutions from the Texas Department of Information Resources. This contract, valid until November 15, 2022, with two optional one-year renewals, focuses on Mobile and Wireline SaaS solutions. CEO Jin Kang highlighted that this award makes their Managed Mobility Services accessible to 5,000 state and local public entities in Texas and beyond. The company aims to streamline procurement processes for these entities.

Positive

• Award of Cooperative Contract for Software Solutions enhances WidePoint's market reach.
• Contract facilitates access to 5,000 public sector entities in Texas.
• Potential for future revenue growth through optional contract renewals.

Negative

• None.

FAIRFAX, VA / ACCESSWIRE / February 7, 2022 / WidePoint Corporation (NYSE American:WYY), the leading provider of Trusted Mobility Management (TM2) specializing in Identity Management (IdM), Managed Mobility Services (MMS), Telecommunications Lifecycle Management (TLM), and Digital Billing & Analytics solutions, announced a new Cooperative Contract award for Software Solutions from the State of Texas Department of Information Resources (DIR). The focus of the contract is Mobile and Wireline Software as a Service (SaaS) solutions. The contract is valid until November 15, 2022 with two (2) one-year optional renewals.

Jin Kang, WidePoint's CEO, stated: "This award makes WidePoint's MMS and Telecom Management solutions available to 5,000 state and local governments, public education, other public entities in Texas, as well as public entities outside of the state. Much like our GSA contract, this cooperative contract makes it easier for public entities to procure WidePoint's technology management solutions."

"WidePoint is excited to be a part of the Texas DIR Cooperative Contracts Program, as we recognize the impact and reach of their visionary procurement program in Texas and beyond," said Todd Dzyak, President of WidePoint Integrated Solutions Corporation. "Our team has already hit the ground running, as we look forward to delivering for public entities in Texas and expanding our work throughout the public sector."

Details about WidePoint's new Cooperative Contract for Software Solutions can be found at https://www.widepoint.com/state-of-texas-saas-solutions/

About WidePoint
WidePoint Corporation (NYSE American:WYY) is a leading provider of trusted mobility management (TM2) solutions, including identity management, secure mobility management, telecom management, and digital billing and analytics. For more information, visit widepoint.com.

WidePoint Investor Relations:
Gateway Group, Inc.
Matt Glover or John Yi
949-574-3860
WYY@gatewayir.com

SOURCE: WidePoint Corporation

View source version on accesswire.com:
https://www.accesswire.com/687413/WidePoint-Awarded-New-Software-Solutions-Cooperative-Contract-from-the-Texas-Department-of-Information-Resources

FAQ

What is the new contract awarded to WidePoint Corporation about?

WidePoint Corporation has been awarded a Cooperative Contract for Software Solutions focusing on Mobile and Wireline SaaS solutions from the Texas Department of Information Resources.

How long is the duration of the new contract for WidePoint Corporation?

The contract is valid until November 15, 2022, with two optional one-year renewals.

Which entities can access WidePoint's services under this new contract?

Approximately 5,000 state and local governments, public education institutions, and other public entities in Texas and beyond can access WidePoint's services.

What are the implications of this contract for WidePoint's business?

This contract expands WidePoint's market outreach and simplifies procurement for public entities, potentially leading to increased revenue.

Who is the CEO of WidePoint Corporation?

The CEO of WidePoint Corporation is Jin Kang.