Thursday, January 23, 2014

Cyber security

'Looking to future cyber security market opportunities, we’re very pleased that as a result of our product development activities today, we have recently been able to demonstrate a certificate based, device identity solution that will enhance the security of internet and other wireless transactions when using mobile devices such as laptops, notebooks, and smartphones.

Whether used with company owned equipment or in a bring your own device or BYOD environment, this Cert on Chip allows the enterprise to dramatically reduce the risk of data being shared or copied to unprotected devices. We believe this to be a technology with dramatic market potential. We are currently engaged in pilots within the commercial health care and federal markets and accessing other target markets and productizing the technology. All as we build the necessary go to market plans to ensure that we make the most of this emerging opportunity.

On a final note, as we increase our involvement with multinational customers, and their service requirements, we are receiving new conformations of the validity of our enterprise level MMS strategy. This strategy will require management to acquire some built on product capabilities, optimize its services delivery and identify an international reach and support capability.

The good news is that each of these requirements is being addressed by the programs initiated at the beginning of this year. We believe that the integration of our several proven and trusted offerings into an integrated suite of cloud and mobility based solutions is our pathway to broader and more enduring customer relationships and obviously to increase value to our shareholders.

We definitely believe that we are in the right place at the right time. And have taken the necessary steps that will give us the tools to achieve growth and success in building the value of our business.

With that, I'd like to turn the call over to Jim McCubbin, WidePoint’s CFO for an in-depth discussion of our third quarter financial results. Following Jim comments, we’ll be opening up the call for all your questions and comments. Jim, the floor is yours.'

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