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WidePoint Secures Key Contract to Provide Device as a Service (DaaS) Support for a Federal Health Research Agency

1. WYY secured a $110,000 contract for DaaS management from a Federal health agency. 2. The contract supports technology deployment for advanced health solutions over a year. 3. This is the first of several potential DaaS opportunities with a Fortune 500 partner. 4. WYY's CEO emphasized ongoing support and value for the agency's technology needs. 5. The contract involves sourcing Apple products and managing Windows devices efficiently.

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Why Bullish?

The contract signifies a growing demand for WYY's services in a federal sector; historically, similar contracts have led to increased investor confidence and stock appreciation.

How important is it?

This contract represents a significant revenue source and may attract similar federal agreements, demonstrating WYY's strengthening position in the market.

Why Long Term?

The contract supports a solid foundation for future contracts, indicating ongoing revenue growth potential over time, as seen in prior government collaborations in the tech industry.

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WidePoint Corporation (NYSE American:WYY), the federally certified provider of Trusted Mobility Management (TM2) solutions, announced today that it has secured a one-year, $110,000 contract to deliver Device as a Service (DaaS) management and support for a prominent Federal health research agency. This initiative is aimed at streamlining the deployment and lifecycle management of cutting-edge technologies critical to advancing innovative health solutions. This award marks the first of several material DaaS opportunities in the pipeline in collaboration with the Company's strategic Fortune 500 partner.WidePoint's CEO Jin Kang stated, "WidePoint will bring our proven expertise in asset management and full range of DaaS solutions to this agency's device ecosystem, ensuring that this complex deployment is managed efficiently, securely, and transparently. This contract award builds a strong foundation for WidePoint to provide exceptional value, ongoing support and evolving needs for this agency. This award is also just the tip of the iceberg as we develop additional material DaaS opportunities with our strategic Fortune 500 partner."WidePoint's DaaS solutions address the critical challenges faced by agencies in deploying and managing a large volume of devices across multiple locations. Partnering with WidePoint provides:Reliable, scalable support tailored to high-tech environmentsStreamlined procurement and deployment processesHelp desk support, asset disposition and reporting to ensure seamless integration and operationsEnhanced security and compliance through secure asset dispositionReal-time visibility into device status and usageThe contract scope includes sourcing Apple products and supporting hardware components, with all Windows devices and accessories being supplied and staged by a trusted partner before deployment.Todd Dzyak, WidePoint's COO, added, "WidePoint's Intelligent Technology Management System (ITMS) platform is at the core of managing this DaaS program, providing complete oversight, automation and reporting. Our proven approach ensures organizations can focus on their core mission while leveraging reliable, efficient, and secure technology services. WidePoint's DaaS solution is a game changer for delivering rapid, reliable, and compliant solutions at scale."About WidePointWidePoint 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 & Access Management (IAM), Mobility Managed Services (MMS), Telecom Management, Information Technology as a Service, Cloud Security, and Analytics & Billing as a Service (ABaaS). To learn more, visit https://www.widepoint.com.WidePoint Investor Relations:Gateway Group, Inc., Matt Glover or John Yi949-574-3860[email protected]SOURCE: WidePoint Corporation

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