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WidePoint Achieves FedRAMP Authorized Status for its Intelligent Technology Management System (ITMS)

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WidePoint (NYSE American:WYY) announced that its Intelligent Technology Management System (ITMS) has achieved FedRAMP Authorized status on February 19, 2025. The system is now authorized for use by the Bureau of Alcohol, Tobacco, Firearms and Explosives and the U.S. Department of Homeland Security.

ITMS is available on the FedRAMP Marketplace across multiple business categories including Analytics, Customer Service, Data Management, Fleet Management, Mobile Device Management, Network Management, Operations Management, and System Administration. The system establishes a trusted record for telecommunications, mobility, and technology management, enabling organizations to manage usage data for analysis, reporting, and optimization.

This achievement, following three years of effort, positions WidePoint to compete for major federal contracts including DHS CWMS 3.0 recompete, Census Decennial 2030, and NASA SEWP VI, among others.

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Positive

  • Achieved FedRAMP Authorization, enabling access to federal contracts
  • System authorized for use by major federal agencies (ATF and DHS)
  • Positions company to compete for multiple large federal contracts
  • Available across 8 business categories in FedRAMP Marketplace

Negative

  • Three-year timeline to achieve authorization indicates significant resource investment

News Market Reaction 1 Alert

-2.56% News Effect

On the day this news was published, WYY declined 2.56%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

FAIRFAX, VA / ACCESS Newswire / February 24, 2025 / WidePoint Corporation (NYSE American:WYY), an innovative leader in enterprise cybersecurity and mobile technology, announced today that its Intelligent Technology Management System (ITMS) achieved FedRAMP Authorized status from the Federal Risk and Authorization Management Program (FedRAMP) Program Management Office (PMO) on February 19, 2025. FedRAMP is a U.S. government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services. Authorized for use by the Bureau of Alcohol, Tobacco, Firearms and Explosives and the U.S. Department of Homeland Security, WidePoint's ITMS is available to federal agencies on the FedRAMP Marketplace in the Analytics, Customer Service, Data Management, Fleet Management, Mobile Device Management (MDM), Network Management, Operations Management, and System Administration business categories.

Todd Dzyak, WidePoint's Chief Operating Officer, stated: "WidePoint's ITMS is built to establish a trusted system of record for information related to telecommunications, mobility, and technology management. ITMS enables organizations to manage usage data for analysis, reporting, and optimization, improving budget efficiency and enhancing program security. Achieving this FedRAMP Authorized status confirms that ITMS complies with the federal government's cybersecurity standards for data protection."

Jin Kang, WidePoint's Chief Executive Officer, added: "Reaching this milestone, after more than three years of dedicated effort, is a significant achievement for WidePoint. We thank the FedRAMP team for their guidance and support throughout this process, and we commend our team for securing the FedRAMP Authorized status. This achievement sets WidePoint apart from our competitors as an important technology solution provider and positions us to successfully compete for vital federal contracts such as the DHS CWMS 3.0 recompete, the Census Decennial 2030, NASA SEWP VI, and many others. We remain eager to finalize contracts that are currently pending our FedRAMP Authorized status."

About WidePoint

WidePoint 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 Yi
949-574-3860
WYY@gateway-grp.com

SOURCE: WidePoint Corporation



View the original press release on ACCESS Newswire

FAQ

When did WidePoint (WYY) receive FedRAMP Authorization for its ITMS?

WidePoint received FedRAMP Authorization for its ITMS on February 19, 2025.

Which federal agencies are authorized to use WidePoint's (WYY) ITMS?

The Bureau of Alcohol, Tobacco, Firearms and Explosives and the U.S. Department of Homeland Security are authorized to use WidePoint's ITMS.

What business categories is WidePoint's (WYY) ITMS available in on FedRAMP Marketplace?

ITMS is available in Analytics, Customer Service, Data Management, Fleet Management, Mobile Device Management, Network Management, Operations Management, and System Administration categories.

What major federal contracts can WidePoint (WYY) now compete for with FedRAMP Authorization?

WidePoint can now compete for contracts including DHS CWMS 3.0 recompete, Census Decennial 2030, NASA SEWP VI, and other federal contracts.

How long did it take WidePoint (WYY) to achieve FedRAMP Authorization?

It took WidePoint more than three years of dedicated effort to achieve FedRAMP Authorization.
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