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Stock impact report

Tellenger Announces Recompete Win on National Security Work

WaveDancer, Inc. (WAVD) 
Company Research Source: GlobeNewswire
FAIRFAX, Va., Sept. 23, 2022 (GLOBE NEWSWIRE) -- Tellenger Inc., a subsidiary of WaveDancer, Inc., (NASDAQ: WAVD) announced today that they have been awarded a three-year contract by a National Security Agency. The contract includes a base year, commencing in October 2022, with two option years for document and system development work. “This strategic win leverages Tellenger’s successful track record in helping many Government agencies meet compliance standards for their users,” stated 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 extensive experience in modernizing and migrating legacy systems, in Show less Read more
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