WidePoint Corporation (Amex:WYY)
WYY, a specialist in wireless mobility management and cybersecurity solutions, this month announced that WYY's wholly owned subsidiary, iSYS LLC has been awarded a five-year contract which includes a base year and 4 option years, to provide wireless management services to the Transportation Security Administration (TSA). The contract award is valued at approximately $84 million for its five-year life cycle including all option periods.
"We are very happy for the opportunity to continue our support at TSA," said Jin Kang, President of iSYS. "Having provided telecom expense management services to TSA since 2006, iSYS looks forward to the expanded scope of mobile management services we will provide to further support TSA's vital mission."
iSYS mobile management solutions combine industry expertise with the Company's award-winning proprietary Intelligent Telecommunication Management System that meets Department of Defense Gold Disk Standards for IT Security.
WYY's CEO, Steve L. Komar, said, "This award confirms iSYS' leadership within the Federal TEM market space. It also marks an expansion of the TEM services at TSA, which we presently provide. It's heartening to see the Federal Government's continued use of TEM services to improve efficiency, streamline services and manage expenses."
WYY provides technology-based products and services to the government sector and commercial markets in the United States. WYY offers various solutions and proprietary intellectual property in mobile and wireless full life cycle management solutions; cybersecurity solutions; and other associated information technology consulting services and products. WYY markets its solutions through direct sales force and alliances with various strategic partnerships in specific industries. WYY was founded in 1996 and is based in Oakbrook Terrace, Illinois.
To learn more about WYY visit: http://www.widepoint.com
Power3 Medical Products, Inc. (OTC:PWRM)
PWRM, a leading proteomics company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases, announced earlier this month that it delivered four poster presentations at the 2010 International Conference on Alzheimer's Disease (NASDAQ:ICAD) in Honolulu, Hawaii. These presentations discussed NuroPro, PWRM's diagnostic test, and focused on PWRM's Alzheimer's disease blood serum biomarkers, test and clinical validation trials.
"In preparation for commercialization, our objective at this meeting was to show how Power3's protein biomarkers and blood tests provide superior solutions for diagnosis and drug response to improve the treatment of Alzheimer's disease," said Dr. Ira L. Goldknopf, PWRM's President and Chief Scientific Officer. "It was gratifying to receive substantial attention to our posters from representatives of major pharma and clinical research institutions from around the world. They expressed surprise and enthusiasm for our findings, especially those relating to the methods by which Power3's protein biomarkers indicate how patients respond to treatment with the three major anti-dementia drugs."
"We are pleased that our blood tests specifically diagnose Alzheimer's in patients, both pre- and post-treatment," said Helen R. Park, MS, Chief Executive Officer of PWRM, "and that our scientific collaborators, Dr. Marwan Sabbagh, Medical and Scientific Director of the Banner Sun Health Medical Research Institute, and Dr. Lourdes R. Bosquez, President of the Woodlands Behavioral Institute, Inc., presented along with us at the meeting in Hawaii."
"We are within striking distance of realizing an Alzheimer's clinical diagnostic tool which I hope will lead to a greater understanding of the disease and buoy the pace of future therapeutic interventions," added Marwan Sabbagh MD, Medical and Scientific Director of Banner Sun Health Medical Research Institute.
PWRM has filed several patent applications for its NuroPro technology that are currently pending. PWRM also has a world-wide exclusive license from the Baylor College of Medicine in Houston, Texas. To date, PWRM has given 9 presentations on NuroPro at international scientific meetings in the United States, Europe and China, and has published 6 articles in peer-reviewed scientific journals on the subject. PWRM intends to publish these latest findings as well.
PWRM, a bio-technology company, engages in the development and marketing of diagnostic tests in the fields of cancer, and neurodegenerative and neuromuscular diseases in the United States. PWRM's products include BC-SeraPro, a proteomic blood serum test for the early detection of breast cancer; and NuroPro, a serum test for the detection of neurodegenerative diseases, such as amyotrophic lateral sclerosis, Alzheimer's disease, and Parkinson's disease. PWRM's products analyze proteins and their mutations to assess an individual's risk for developing disease later in life or a patient's likelihood of responding to a particular drug; assess a patient's risk of disease progression and disease recurrence; and measure a patient's exposure to drug therapy. PWRM was formerly known as Surgical Safety Products, Inc. and changed its name to Power3 Medical Products, Inc. in September 2003. PWRM was founded in 1992 and is based in The Woodlands, Texas.
To learn more about PWRM visit: http://www.Power3Medical.com
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