| Type | Public (AMEX: WYY) |
|---|---|
| Industry | Internet, Communications |
| Founded | 1997 |
| Headquarters | 18W100 22nd Street, Suite 124 Oakbrook Terrace, Illinois, USA |
| Key people | CEO: Steve Komar, CFO: Jim McCubbin |
| Revenue | $43.3 million USD (2009)[1] |
| Net income | $1.7 million USD (2009)[1] |
| Employees | 92 |
| Website | ww2.widepoint.com |
WidePoint Corporation (AMEX: WYY) is an American company based in Oakbrook Terrace, Illinois that provides technology-based products and services to the government sector and commercial markets in the United States. The company holds a patent for a digital parsing tool that allows users to access accounts through a secure repository gateway, established using asymmetric authentication employed as PKI. WidePoint provides smart card identity verification, wireless expense management, penetration testing and other IT devices and services. WidePoint’s subsidiary ORC is an authorized certification authority (CA) for the Department of Defense and other government agencies.
WidePoint was incorporated in Delaware on May 30, 1997 and has grown through mergers between IT consulting firms. Currently, the company is composed of three business groups offering Wireless Mobility Management, Cybersecurity solutions and consulting services.
The Company is headquartered in McLean, Virginia and has three additional offices in Northern Virginia as well as one in Deerfield Beach, Florida.
Contents |
In November 2004, WidePoint acquired ORC, followed by iSYS in January 2008. [2] The Company also operates WidePoint IL, Inc. and Protexx Acquisition Corp, which was acquired in July 2008.
iSYS, LLC, provides IT services for federal and private organizations. It was founded in 1999 and purchased by WidePoint in January 2008. iSYS divides its services into three distinct categories:
ORC provides IT integration and secure authentication services to the U.S. Government. It is an authorized certificate authority for the United States Department of Defense,[7][8] GSA,[9] and many other certificate-based authorities.[8] ORC also provides application specific hardware and software to maintain high levels of information assurance.
Protexx provides Remote Authentication over wired and wireless networks. The company develops software using its patent-pending competitively differentiated encryption, which uses asymmetric authentication employed as PKI to provide user and sender verification with up to 2048-bit encryption. This improves upon standard multi-factor authentication by eliminating the additional hardware, licensing and support usually required to provide a comparable level security. With this encryption, all incoming and outgoing traffic (email, HTTP, FTP, IM, VoIP, etc.) is automatically encrypted and authenticated.
ARCC provides identity verification and emergency coordination between emergency services and infrastructure agencies as well as evidence tracking software for the Department of Justice. The emergency coordination package is based around the trademarked RaptorID system, which issues physical identification devices (barcodes, smart cards) to first responders so that field operations can immediately identify each responder and establish their credentials. RaptorID smart cards store baseline attributes as mandated by national standards organizations like the National Fire Protection Association and often contain additional information about the user, including skills, training, certifications and medical records. The RaptorID system is designed to meet FEMA and ANSI specifications for first responder credentialing. ARCC's crime scene management and evidence tracking software, CONDOR, gives crime scene officials the ability to digitally record and track evidence throughout the chain of custody, as well as monitor the activities of all personnel involved. ARCC achieves this by embedding RFID trackers into each piece of evidence and biometrically scanning each official that attempts to accesses the evidence, all in accordance with the U.S. National Information Exchange Model (NIEM) compliance system. [10]
Most of WidePoint’s government client base is located in the Mid-Atlantic region. WidePoint currently holds contracts with the TSA, the Department of Homeland Security, the Department of Defense, Washington Headquarters Services, the U.S. Customs and Border Protection, and the Centers for Disease Control, as well as many government contractors and private corporations.
Due to its diverse market capabilities, WidePoint has competitors in many different fields. WidePoint’s main opposition in Mobility Management includes Avalon Technologies, Profitline and Tangoe. In Cyber Security as well as Consulting, WidePoint’s key competitors are Lockheed Martin Corporation and Northrop Grumman Corporation. WidePoint also has several small and mid-size competitors in each of segment of services.