WidePoint Corp (WYY)

[Bull_Dolphin]

From Fidelity:

WidePoint's Subsidiary IT Authorities Awarded New $1.4M Managed IT And Cyber Services Contract
BENZINGA 9:33 AM ET 2/5/2024
Symbol Last Price Change
WYY 2.855up -0.125 (-4.1946%)
QUOTES AS OF 10:20:17 AM ET 02/05/2024
WidePoint Corporation (WYY) , the innovative technology Managed Solution Provider (MSP) specializing in Identity & 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 has been awarded a new three-year contract valued at more than $1.4 million from a major Florida attraction and research center.

Jason Caras, CEO of IT Authorities, stated: "This contract award expands IT Authorities' reputation as a leading MSP. I am proud of the IT Authorities team for their dedication and expertise which allowed us to win this contract. We will be providing a full scope of managed IT services, including cyber security services, to one of Florida's most popular attractions and research centers."

The contract encompasses:

Managed IT Services (24x7x365 Management and Support)
Monitoring and management of technology
End user support
Disaster recovery planning
Strategy & Consulting
Managed Cyber Security Services (24x7x365 Management and Support)
Security Operations Center as a Service (SOC-as-a-Service)
Security Information Event Management (SIEM)
Jin Kang, WidePoint's(WYY) CEO, added: "This award is a prime example of successful cross-sell efforts by our organization. By incorporating cyber security services, IT Authorities is combining WidePoint's(WYY) strengths to win and elevate WidePoint's(WYY) position in the MSP arena."