WidePoint Corporation (NYSE AMEX: WYY), a leading provider of advanced information technology, identity assurance and protection, and mobile telecom expense management (TEM) services, said today that its subsidiary, iSYS, LLC has been awarded its first ever contract with the Drug Enforcement Agency (DEA) . The five-year agreement is initially worth approximately $1.8 million in support of the DEA’s Office of Information Systems.
Jin Kang, president of iSYS, said, “We are pleased to get an initial order from the DEA. This is yet another federal agency added to our growing list of customers. This agreement is not only an important entry point but it also offers us some potentially valuable new cross-selling opportunities.”
WidePoint EVP and CFO Jim McCubbin said, “This important new customer further expands our reach into our growing base of federal agencies and demonstrates our success at exporting our technological knowledge base, capabilities and expertise from one agency to another. Our ability to add new agencies and customers this year while maintaining our existing client base has been a key component to our recent success. We feel confident that we can continue this trend into the future.”
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