FAIRFAX, Va., Sept. 23, 2022 (GLOBE NEWSWIRE) — Tellenger Inc., a subsidiary of WaveDancer, Inc., (NASDAQ: WAVD) introduced at this time that they’ve been awarded a three-year contract by a National Security Agency. The contract features a base 12 months, commencing in October 2022, with two possibility years for doc and system improvement work.
“This strategic win leverages Tellenger’s successful track record in helping many Government agencies meet compliance standards for their users,” acknowledged Stan Reese, President of Tellenger.
“I’m thrilled our customer has placed its trust in us once again with this contract renewal,” said Jamie Benoit, CEO of WaveDancer. “It represents a terrific multi-year revenue opportunity, providing a solid basis for double-digit top line growth in 2023. It’s also a testament to the technical competence of our team and their dedication to the national security of the United States.”
Tellenger’s intensive expertise in modernizing and migrating legacy techniques, together with its previous success in advanced enhancements of outdated varieties, will add helpful, technical experience to the work that has been awarded.
About Tellenger
Tellenger (www.tellenger.com), an entirely owned subsidiary of WaveDancer, Inc., is a boutique IT consulting and software program improvement firm that helps organizations meet their business objectives by means of know-how. Tellenger makes a speciality of modernization, software program improvement, cybersecurity, cloud options, and knowledge analytics. From business course of re-engineering to cloud migrations to SaaS implementations and extra, Tellenger makes use of know-how to assist shoppers within the personal and public sectors enhance productiveness, achieve efficiencies, and obtain KPIs.
About WaveDancer
WaveDancer (www.wavedancer.com), headquartered in Fairfax, Virginia, presents zero belief blockchain-enabled software program options for provide chain safety. We assist organizations handle very advanced provide chain challenges in an effort to achieve unprecedented ranges of accountability, auditability, and predictability from their knowledge, whereas giving insights to their companions and suppliers by means of a managed, distributed ledger that’s immutable and will be trusted by all events. WaveDancer’s blockchain platform is obtainable on Amazon Web Services (AWS) Marketplace for GovCloud and helps safe provide chain necessities for essential authorities missions.
Additional info for buyers
This launch might comprise forward-looking statements relating to the Company’s business, buyer prospects, or different elements which will have an effect on future earnings or monetary outcomes. Such statements contain dangers and uncertainties which might trigger precise outcomes to differ materially from these expressed within the forward-looking statements. Investors ought to learn and perceive the danger elements detailed within the Company’s 10-Ok for the fiscal 12 months ended December 31, 2021 and in different filings with the Securities and Exchange Commission.
For extra info contact:
Jeremy Hellman, CFA
Vice President, The Equity Group Inc.
[email protected]
(212) 836-9626
