WidePoint's Subsidiary IT Authorities Awarded New Managed Service Provider and IT Modernization Contracts

Rhea-AI Summary

WidePoint Corporation (NYSE American:WYY) announced that its subsidiary IT Authorities has secured five new commercial contracts exceeding $360,000. These contracts span various sectors, including healthcare, finance, and education, indicating broad recognition of IT Authorities' services. CEO Jin Kang emphasized that these wins contribute to a growing pipeline for cross-selling WidePoint's IT solutions, particularly in Identity and Access Management and mobility management.

Positive

• Secured five new commercial contracts worth over $360,000.
• Contracts span multiple industries including healthcare, finance, and education.
• Growing opportunities for cross-selling WidePoint's ITaaS solutions.

Negative

• None.

FAIRFAX, VA / ACCESSWIRE / August 17, 2022 / WidePoint Corporation (NYSE American:WYY), the innovative technology Managed Solution Provider (MSP) specializing in Identity and Access Management (IAM), Telecommunications and Managed Mobility Services (MMS), Analytics & Billing as a Service (ABaaS), and IT as a Service (ITaaS), announced that its subsidiary IT Authorities (ITA) has been awarded five new commercial contracts for a total of more than $360,000.

Jason Caras, CEO of IT Authorities, stated: "From healthcare to financial to higher education, these diverse new contract wins illustrate that IT Authorities is being recognized across industries for delivering valuable IT Modernization and Managed Service Provider solutions."

Jin Kang, WidePoint's CEO, stated, "IT Authorities is helping to create a growing pipeline for cross-selling and upselling of WidePoint ITaaS solutions. We are excited to introduce our Identity and Access Management and mobility management to these clients and to support IT Authorities in these engagements."

About WidePoint

WidePoint Corporation (NYSE American:WYY) is a leading technology Managed Solution Provider (MSP) dedicated to securing and protecting the mobile workforce and enterprise landscape. WidePoint is recognized for pioneering technology solutions that include Identity and Access Management (IAM), Mobility Managed Services (MMS), Telecom Management, Information Technology as a Service (ITaaS), Cloud Security, and Analytics & Billing as a Service (ABaaS). For more information, visit widepoint.com.

About IT Authorities, Inc

IT Authorities, Inc. (ITA) is a Managed Services Provider (MSP), a Managed Security Services Provider (MSSP), and a Cloud Services Provider (CSP). ITA offers a complete portfolio of management services for Azure, AWS, and Google platforms, as well as cloud components such as VMs, storage, network, Redis cache, app services, SQL workloads, and much more. Based in Tampa, ITA serves clients across the United States and in countries on five continents. ITA is a subsidiary of WidePoint Corporation. To learn more about IT Authorities, please visit itauthorities.com.

WidePoint Investor Relations:

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

SOURCE: WidePoint Corporation

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https://www.accesswire.com/712467/WidePoints-Subsidiary-IT-Authorities-Awarded-New-Managed-Service-Provider-and-IT-Modernization-Contracts

FAQ

What recent contracts has WidePoint Corporation's subsidiary IT Authorities secured?

IT Authorities has secured five new commercial contracts totaling over $360,000.

In which industries are the new contracts won by IT Authorities?

The new contracts span healthcare, finance, and higher education industries.

What is the significance of the contracts for WidePoint Corporation?

The contracts enhance the potential for cross-selling WidePoint's IT solutions, particularly in Identity and Access Management.

What is the ticker symbol for WidePoint Corporation?

The ticker symbol for WidePoint Corporation is WYY.