WYY

[JKN]

Took me out @ 2.75, and promptly closed at 2.90...grrrrrr.

[yukiii]

Spoke to company regarding statement filed.
Basiclly
You are required to call them selling shareholders. Does not make them selling shareholders.

<This prospectus relates to resale by the selling stockholders of up to 21,910,965 shares of our common stock, $0.001 par value per share, consisting of (i) 14,052,969 outstanding shares of our common stock; (ii) 7,422,139 shares of our common stock issuable upon the conversion of outstanding shares of Series A Convertible Preferred Stock and (iii) 435,857 shares of our common stock issuable upon the exercise of an outstanding warrant. We will not receive any proceeds from the sale of these shares.>

[la-onda]

WidePoint Announces Q1 Revenue of $2.7M and Continued PKI Adoption and Revenue Growth
Tuesday , May 16, 2006 09:51 ET

WASHINGTON, DC -- (MARKET WIRE) -- 05/16/06 -- WidePoint Corporation (OTC BB: WDPT), a technology-based provider of products and services to the government sector and commercial markets, today announced financial results for the first quarter ended March 31, 2006.

Revenue for the quarter was approximately $2,684,000, compared with approximately $2,670,000 for the comparable quarter ended March 31, 2005. The increase in revenue was primarily attributable to Public Key Infrastructure (PKI) credentialing and managed services segment revenue growth of 262% to $223,000, from $85,000 a year ago. The PKI revenue growth was a result of increasing early adoption and ramp-up ahead of the pending deadlines issued under the federal government mandate under Homeland Security Presidential Directive No. 12 (HSPD-12) that commence on July 30, and October 27, 2006. The PKI segment revenue increase was partially offset by a decline in consulting services segment revenue of approximately $123,000 as the result of contract delays that occurred during the first quarter of 2006 and as a result of the company's revenue recognition policy that resulted in an increase in deferred revenues that the company should recognize during the second and third quarters of 2006. The operating loss for the quarter narrowed to $268,000, which included increases in investments in sales and marketing efforts in preparation for the deadlines associated with HSPD-12 and stock option expense of approximately $61,000, compared to a loss of $507,000 in the first quarter of 2005. As a result of the above, the net loss for the period was approximately $258,000, or $0.01 per diluted share, compared to net income of approximately $432,962 for the quarter ended March 31, 2005, which included a non-operational gain from financial instruments of $996,000.

WidePoint CEO Steve Komar said, "We are optimistic about the latter half of 2006 and the results we expect for the full fiscal year as our PKI segment participates in the launch and rollout of HSPD-12. We are still early in the adoption phase of the HSPD-12 mandate by federal agencies and remain confident in our expectations for strong growth within this segment during the second half of the year. We continue to expand our sales and marketing efforts, proposal activity, and negotiate strategic alliances in advance of the mandate's deadlines to further solidify our position as a leader in this developing marketplace."

WidePoint CFO Jim McCubbin said, "We are pleased with the developing business model within our PKI business segment as we continue to witness revenue and certificate growth as we approach the launch of HSPD-12. Excluding amortization expense, we realized positive operating income for this segment at an early point in the launch of its service life cycle and remain positive on its profitable expansion opportunities."

The company will hold a conference call at 4:15 p.m. EDT, Monday, May 22 to discuss the first quarter financial results and the company's future activities. To participate, call (913) 312-1295 any time after 4:05 p.m. EDT on May 22. A webcast of the call will be available at http://hawkassociates.com/widepoint/company.htm.

&
updated WDPT fact sheet:
& chart update

[phabrux]

WDPT.ob----->WYY (488% increase in PKI revenues)


WidePoint Reports Second Quarter '07 Results
Thursday August 9, 2:00 pm ET


Conference Call Scheduled for 4:30 p.m. EDT Today


FAIRFAX, VA--(MARKET WIRE)--Aug 9, 2007 -- WidePoint Corporation (AMEX:WYY - News), a leading provider of information technology assurance and identity management services, today announced financial results for the second quarter ended June 30, 2007.
ADVERTISEMENT






The company reported total revenue of $3,289,000 for the second quarter of 2007, including revenue from the Public Key Infrastructure (PKI) credentialing and managed services segment, which increased 488% for the quarter, from $201,000 in second quarter of 2006 to $1,186,000 for the second quarter of 2007. Second quarter total revenue of $3,289,000 compared to revenue of $4,842,000 million in the year ago period. The consulting services segment witnessed a decrease in revenues from $4,640,000 in the second quarter of 2006 to $2,104,000 in the second quarter of 2007 due primarily to a non-recurring software resale of approximately $1.5 million that occurred during the comparable year ago period.

Gross profit margins for the quarter increased to 33% from 17% in the comparable period, due primarily to greater margins associated with the company's PKI and managed services segment. Net loss for the quarter was approximately $1,000, or $0.00 per share, compared with a net loss of $230,000, or $0.01 per share, in the year ago period.

Second quarter 2007 highlights include:



--  The 488% increase in PKI revenues represented an absolute increase of
    $985,000 over the comparable period, driving an improvement in segment
    operating income from a loss of $103,000 in the second quarter of 2006 to
    an operating gain of $366,000 in the current period.  Assets in the PKI
    segment grew 81% on a year over year basis, from $1,001,000 to $1,817,000.

--  Growth margin expansion from 16.8% a year ago to 33.4% for the current
    quarter represented an increase in gross profit of $283,000 and included
    depreciation and amortization expense in the company's cost of goods sold.
    Adjusted for those non-cash expenses, gross margins improved from 18.9% a
    year ago to 36.7%, or $291,000 total, in the second quarter of 2007.

--  WidePoint realized cash from operating activities for the quarter of
    $730,000 and increased its total net total cash flow for the quarter to
    $553,000. The company ended the period with working capital of
    approximately $3.5 million and cash and equivalents of approximately $3.3
    million.

--  The company self-funded investments of $170,000 for internal equipment
    purchases and software development cost during the quarter allowing for a
    pending approval for an additional three-year Authorization to Operate
    (ATO) for the General Service Administration's ACES (Access Certificates
    for Electronic Services) program and expansion of its core PKI
    capabilities.

--  United Space Alliance, LLC, selected WidePoint subsidiary ORC's
    PIVotal ID© solution to implement an enterprise-wide Smart ID Badge
    solution. The scope includes a cradle-to-grave turnkey solution from card
    request to card termination. The chosen solution complies with Homeland
    Security Presidential Directive(HSPD-12), Federal Information Processing
    Standards Publication Series 201 (FIPS 201) and Personal Identification
    Verification (PIV II) requirements and regulations.

Steve Komar, CEO of WidePoint, stated, "During the quarter we expanded our PKI managed service business with the addition of the United Space Alliance contract and the expansion of work with several of our existing business partners. Through these relationships we continue to leverage our historical expertise and fully compliant solution designation to issue certificates for the U.S. Government. The expansion of our credentialing and managed services business remains among our highest growth priorities over the next few years."

WidePoint CFO Jim McCubbin said, "We were pleased with our revenue growth in the PKI and managed services segment and we are actively pursuing several initiatives which should continue to accelerate our growth within the identity management and information assurance markets."

WidePoint will hold a conference call with CEO Steve Komar and senior members of the management team today at 4:30 p.m. Eastern Time. The call will cover the company's second quarter results. Komar will open the call and a question-and-answer session will follow.

To participate, call (866) 328-4270 any time after 4:20 p.m. Eastern Time on August 9. International callers should dial (480) 629-9561. While in conference, if callers should experience any difficulty or require operator assistance, they can press the (*) followed by the (0) button. This will call an operator to the line.

About WidePoint

WidePoint is a leading provider of information technology assurance and identity management services to the government sector and commercial markets. WidePoint specializes in providing systems engineering, integration and information technology services. WidePoint's wholly owned subsidiary, ORC, is at the forefront of implementing government-compliant eAuthentication identity management managed services and associated systems engineering and integration. ORC has earned four major U.S. federal government certifications offering the highest levels of assurance for transactions over the Internet.

WidePoint's portfolio of customers encompasses U.S. Federal Government agencies, including the Department of Defense, the Department of Homeland Security and the Department of Justice as well as major U.S. defense contractors and several major pharmaceutical companies. For more information, visit http://www.widepoint.com.

An investment profile about WidePoint may be found at

http://www.hawkassociates.com/wyyprofile.aspx.

For investor relations information regarding WidePoint, visit http://www.hawkassociates.com and http://www.americanmicrocaps.com, or contact Frank Hawkins or Cale Smith, Hawk Associates, at (305) 451-1888, e-mail: [email protected]. To receive these releases via e-mail, subscribe at http://www.hawkassociates.com/email.aspx.

Safe-Harbor Statement: Under the Private Securities Litigation Reform Act of 1995. This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; (iv) the declaration and payment of dividends; and (v) the risk factors disclosed in the Company's periodic reports filed with the SEC. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk factors disclosed in the company's Forms 10-K and 10-Q filed with the SEC.



                  WIDEPOINT CORPORATION AND SUBSIDIARIES
                  CONDENSED CONSOLIDATED BALANCE SHEETS

Consolidated Balance Sheets                       June 30,     December 31,
                                                                       2007           2006
Assets                                                      (unaudited)
Current assets:
   Cash and cash equivalents                    $  3,294,696  $  2,774,813
   Accounts receivable                                   2,813,371      6,220,444
   Prepaid expenses and other assets             460,386       463,369
                                                                        ------------  ------------
         Total current assets                             6,568,453     9,458,626
                                                                       ------------    ------------
Property and equipment, net                          295,170        205,231
Goodwill                                                       2,526,110     2,526,110
Intangibles, net.                                          1,219,806     1,358,212
Other assets                                                    57,411           56,192
                                                                      ------------     ------------
         Total assets                                  $ 10,666,950  $ 13,604,371
                                                        ============  ============

Liabilities and stockholders' equity
Current liabilities:
   Accounts payable                             $  1,600,277  $  4,364,747
   Accrued expenses                                   975,036         786,842
   Deferred revenue.                                   471,833        564,594
   Short-term portion of deferred rent                452            3,057
   Short-term portion of capital lease
    obligation                                                 52,178          45,020
                                                                ------------      ------------
         Total current liabilities                    3,099,776     5,764,260
                                                                ------------       ------------
Long-term portion of deferred
rent                                                                    -             -
Capital lease obligation, net of current
portion                                                       51,926         67,851
                                                                ------------    ------------
        Total liabilities                                3,151,702     5,832,111

Stockholders' equity:

   Preferred stock, $0.001 par value;
    10,000,000 shares authorized; 0
    and 195,214 shares issued and
    outstanding, respectively,
    liquidation value $3,416,245                          -           195
   Common stock, $0.001 par value; 110,000,000
    shares authorized; 52,558,699 shares and
    50,494,759 shares issued and outstanding,
    respectively                                              52,559          50,495
   Stock warrants                                          38,666          38,666
   Additional paid-in capital                    60,785,220    60,667,229
   Accumulated deficit                           (53,361,197)  (52,984,325)
                                                                  -----------      ------------
         Total stockholders' equity                7,515,248     7,772,260
                                                                 ------------      ------------
         Total liabilities, temporary equity
          and stockholders' equity              $ 10,666,950  $ 13,604,371
                                                         ============  ============


                  WIDEPOINT CORPORATION AND SUBSIDIARIES
              CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

                           Three Months Ended            Six Months Ended
                                June 30,                             June 30,
                        ------------------------                ------------------------
                            2007           2006                   2007         2006
                        -----------    -----------                -----------  -----------
                                                    (unaudited)
Revenues, net     $ 3,289,109  $ 4,841,860  $ 6,141,479  $ 7,525,766
Cost of sales
(including
amortization and
depreciation of
$110,069, $102,126,
$220,118, and
$203,963,
respectively)            2,191,798    4,027,975    4,388,633    5,994,956
                                  -----------       -----------       -----------      -----------

  Gross profit            1,097,311      813,885    1,752,846    1,530,810

Sales and marketing   243,166      208,963       446,609       413,391
General &
administrative             860,886      847,898    1,702,061    1,628,352
Depreciation expense    21,624         6,749         37,174          13,725
                                   -----------    -----------       -----------       -----------

  Loss from
   operations               (28,365)    (249,725)    (432,998)    (524,658)

Interest income              30,160       20,416       61,998       38,765
Interest expense             (2,567)        (375)        (5,872)      (1,971)
                                     -----------    -----------     -----------     -----------

Net loss before
income tax                $      (772) $  (229,684)       $  (376,872) $  (487,864)
Income tax benefit, net          -          (83)                           -          (83)
                                      -----------    -----------              -----------        -----------

Net loss                    $      (772)  $  (229,601)       $  (376,872)        $  (487,781)
                        ===========  ===========  ===========  ===========

Basic and diluted net
loss per share         $     (0.00)     $     (0.01)          $     (0.01)           $    (0.01)
                        ===========  ===========  ===========  ===========
Basic and diluted
weighted average
shares outstanding      52,543,028        44,850,655     52,242,109   42,385,968
                               ===========  ===========  ===========  ===========


                  WIDEPOINT CORPORATION AND SUBSIDIARIES
              CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

                             Three Months                Six Months
                             Ended June 30,             Ended June 30,
                        ------------------------  ------------------------
                            2007         2006         2007         2006
                        -----------  -----------  -----------  -----------
                                            (unaudited)
Cash flows from
operating activities:

Net loss                $      (772) $  (229,601) $  (376,872) $  (487,781)
Adjustments to
reconcile net loss to
net cash provided by
operating activities:
  Depreciation expense       30,586        7,768       55,077       15,474
  Amortization expense      101,108      101,107      202,215      202,214
  Stock compensation
   expense                                      -       17,844            -       23,469
  Stock options expense      22,687       92,329       86,663      153,392

Changes in assets and
liabilities
  Accounts receivable       479,775   (1,417,917)   3,407,073     (716,055)
  Prepaid expenses and
   other current assets        92,998     (125,088)       2,983      (78,433)
  Other assets                     (1,219)         169          (1,219)      35,753
  Accounts payable and
   accrued expenses              4,581    2,007,739   (2,643,435)     981,771
                                         -----------      -----------       -----------     -----------
    Net cash provided
     by operating
     activities                  $   729,744    $ 454,350    $ 732,485     $  129,804
                                        -----------      -----------       -----------       -----------

Cash flows from
investing activities:
  Purchase of property
   and equipment           (106,241)      (4,622)    (128,630)     (15,197)
  Software development
   costs                            (63,809)           -            (63,809)           -
                                       -----------     -----------     -----------     -----------
    Net cash used in
     investing
     activities               $  (170,050)  $(4,622)   $ (192,439)   $ (15,197)
                                      -----------    -----------      -----------     -----------

Cash flows from
financing activities:
  Principal payments
   under capital lease
   obligation                     (13,677)           -           (25,153)           -
  Costs related to
   registration
   statement                      (1,513)    (118,054)    (29,720)    (331,747)
  Proceeds from exercise
   of stock options               8,600       62,550       34,710      144,043
  Proceeds from exercise
   of warrants                             -       24,571               -          44,571
  Costs related to
   warrant exercise                     -            -                    -     (166,600)
                                      -----------     -----------    ----------    -----------
    Net cash used in
     financing
     activities                 $ (6,590)   $ (30,933)   $ (20,163)   $ (309,733)
                                    -----------      -----------      -----------       -----------

Net increase (decrease)
in cash                $   553,104       $ 418,795  $ 519,883     $ (195,126)
                                -----------         -----------     -----------        -----------

Cash and cash
equivalents, beginning
of period              $ 2,741,592   $ 1,912,714      $ 2,774,813         $ 2,526,635
                                  -----------       -----------           -----------            -----------

Cash and cash
equivalents, end of
period                 $ 3,294,696    $ 2,331,509       $ 3,294,696        $ 2,331,509
                        ===========  ===========  ===========  ===========

Supplementary
Information:
  Liabilities incurred
   but not yet paid
   relating to
   Registration
   statement            $         -  $    52,755  $         -  $    84,438
  Non-cash investing
   and financing
   activity -
  capital leases for
   acquisition of
   property and
   equipment                          16,386            -       16,386             -
Cash paid for interest       $     2,567   $      -      $  5,872     $      -

[setravis]

Changed Ticker Symbol

WDPT.OB is no longer valid. It has changed to WYY

Now trades on the AMEX