LONDON, UK / ACCESSWIRE / October 25, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for WidePoint Corp. (NYSE: WYY), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=WYY. The Company announced on October 23, 2017, that it has been awarded additional new Telecommunication Lifecycle Management (TLM) contracts from multiple federal agencies. For immediate access to our complimentary reports, including today's coverage, register for free now at:

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Contract Details

The TLM contracts are valued $608,000 and they are scheduled for delivery in Federal fiscal year 2018. The multiple federal agencies awarding the contracts include US Customs & Border Protection, Administrative Office of the United States Courts, Overseas Private Investment Corporation, and additional funds issued to the US Coast Guard pilot project. The Company has not provided other details of the contract terms and scope of the projects.

In an update provided by WidePoint in October 2017, the Company revealed that at the end of Q3 2017, it has been awarded more than $43.8 million in telecom management contracts from various US Federal Agencies on a Year-To-Date basis for the US Federal fiscal year 2017.

Commenting on being awarded the TLM contracts, Todd Dzyak, President and CEO of WidePoint Integrated Solutions Corporation and WidePoint Solutions Corporation, said:

"WidePoint is proud to deliver TLM services for these agencies. We look forward to enhancing the valued support we deliver through these task orders, particularly in the areas of equipment procurement and logistics support."

Jin Kang, CEO of WidePoint, added:

"It was very rewarding to end Federal fiscal year 2017 with task orders from these premiere customers. As our Trusted Mobility Management (TM2) framework gains interest, WidePoint looks forward to building on these and other awards for a productive new year of growth."

About WidePoint Corporation

WidePoint is a leading provider of managed mobility services, telecommunications lifecycle management, and cybersecurity solutions. The Company provides an end-to-end suite of recurring revenue products and services targeting unexploited multi-billion-dollar markets. The Company offers unique and secure, cloud-based, enterprise-wide information technology-based solutions that enable enterprises and government agencies to deploy fully compliant IT services in accordance with government-mandated regulations and advanced system requirements.

WidePoint has more than 20 years of experience serving the Federal Government. The Company has a deep understanding of government requirements, processes, and unique needs. The Company has an experienced management team with proven experience, top-secret security clearances, contract vehicles and fluency across many technologies. This puts WidePoint amongst an elite group of advanced solution providers serving commercial enterprises and government agencies.

WidePoint's TLM solutions

WidePoint's Telecom Lifecycle Management solutions provides a complete and secure solution for both mobile and landline management, customized to enforce organization policies, ensure contract compliance, and provide visibility for all telecom assets and services while maximizing the telecommunications budget. The full TLM services include Order management, Asset and logistics management, Invoice audit and management services, Policy enforcement, Cost optimization, Technical refresh, and device end of life management.

The Company launched its customizable TM2 Personal Identity Verification ? Interoperable (PIV-I) solution in October 2017. WidePoint's TM2 Framework is built around the intersection of the Company's proprietary Telecom Lifecycle Management, Identity Management, and Mobility Management solutions with added architecture that provides a trusted environment with enhanced confidentiality and secure access. TM2 PIV-I solution is not only cost-effective but also easily deployable and provides single sign-on multi-factor authentication benefits that can be expanded to mobile devices providing complete end-to-end authentication. The solution is aimed at Government Contractors who wish to comply with federal requirements outlined in the US Department of Defense Federal Acquisition Regulation Supplement (DFARS).

Last Close Stock Review

On Tuesday, October 24, 2017, the stock closed the trading session at $0.54, advancing 1.77% from its previous closing price of $0.53. A total volume of 21.28 thousand shares have exchanged hands. WidePoint's stock price surged 12.16% in the last three months, 19.92% in the past six months, and 34.77% in the previous twelve months. At Tuesday's closing price, the stock's net capitalization stands at $46.30 million.

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