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Accelerates Commercial Sector Initiatives in
Communications Management Segment
WASHINGTON, January 4, 2012 — WidePoint Corporation (NYSE Amex: WYY), a specialist in communications management and cybersecurity solutions, today announced that it has acquired privately held Avalon Global Solutions, Inc. (AGS), a leading provider of communications lifecycle management services, technology, and solutions predominantly to the commercial sector.
Avalon Global Solutions is a leading provider of Business Process Outsourcing (BPO) services for Enterprise Telecommunications Management. AGS also offers permission based audits, a review and analysis of a customer’s telecom invoices, contracts and services applications to identify historic overbilling, contract and tariff-related errors, as well as prospective savings opportunities. In addition, AGS also provides mobile security, and advanced help desk support for mobile devices and applications.
“We are very excited about the opportunity we see with AGS to accelerate our efforts to push our automated system based communications lifecycle management solutions broadly into the commercial sector both in the U.S. marketplace and abroad,” commented Steve Komar, CEO, WidePoint. “Avalon has a strong base of business, with more than 70 clients in the commercial sector, as well as partners that provide us reach internationally, while adding breadth to our services and technology platforms.
Our strategic goal has been to expand our successful TEM offering into the commercial market, leveraging the reputation and expertise we have built in the government sector. This acquisition will significantly accelerate that effort while simultaneously providing added scale and incremental
profitability.”
AGS supports a wide range of customers from small business to multinationals in a number of industries and government agencies through a suite of solutions that address the management of fixed and mobile telecommunication assets. AGS also supports the U.S. Department of Transportation (DOT) and the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF).
Michael Mansouri, CEO of AGS, stated, “The combination of our platforms greatly enhances both companies as AGS further bolsters WidePoint’s position as the largest provider of automated system based communications lifecycle management services to the U.S. Federal Government. WidePoint’s TEM integrated platform, 24×7 help desk, and additional complementary resources significantly enhances our service offerings to our customers. AGS adds a robust and growing number of commercial clients and sales channels to the overall client mix, and it adds services to WidePoint’s overall product and services portfolio.” Mansouri further added, “The addition of WidePoint’s cybersecurity offerings also provides us with an opportunity to introduce new services for our commercial clients as we witness the increasing requirements for security protections for wireless
devices, an area in which WidePoint has existing and proven expertise.”
About Avalon Global Solutions Avalon Global Solutions, Inc. (AGS) is a leading provider of Business Process Outsourcing (BPO) services for Enterprise Telecommunications Management including: Telecom Expense Management (TEM), Permission Based AuditSM, Mobile Lifecycle Management, Mobile Security, and Advanced Help Desk Support for mobile devices and applications. AGS supports over 400 mobile device types, pagers, cell phones, smart phones, air cards, mobile routers, and tens of thousands of lines and circuits. AGS’s solutions align consumption with enterprise needs, increase visibility into and control over expenses and improve workforce satisfaction and productivity. For more information, please visit http://www.avalonglobalsolutions.com.
About WidePoint WidePoint is a specialist in providing wireless mobility management and CyberSecurity Solutions utilizing its advanced information technology products and services. WidePoint has several wholly owned subsidiaries holding major government and commercial contracts including, Operational Research Consultants, Inc., iSYS, LLC, Advanced Response Concepts Corporation, WidePoint Solutions Corp and WidePoint IL, Inc. WidePoint enables organizations to deploy fully compliant IT services in accordance with government-mandated regulations and advanced system requirements. For more information, visit http://www.widepoint.com. For More Information:
Jim McCubbin, EVP & CFO
WidePoint Corporation
7926 Jones Branch Drive, Suite 520
McLean, VA 22102
(703) 349-2577
jmccubbin@widepoint.com
Mark Goettling
WidePoint Corporation
5950 Canoga Avenue – Suite 500
Woodland Hills, CA 91367
(818) 961-8000 ext 222
mgoettling@comstructure.com
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| 2012-01-04 |