Common use of Report and Financial Statements Clause in Contracts

Report and Financial Statements. Adsouth has made available to the Purchasers the SEC Documents, including the audited financial statements for the year ended December 31, 2004 and the unaudited financial statements for the three months ended March 31, 2005 (collectively, the "Financial Statements"). Each of the balance sheets contained in or incorporated by reference into any such Financial Statements (including the related notes and schedules thereto) fairly presented the financial position of the Company, as of its date, and each of the statements of income and changes in stockholders' equity and cash flows or equivalent statements in such Financial Statements (including any related notes and schedules thereto) fairly presents, changes in stockholders' equity and changes in cash flows, as the case may be, of the Company, for the periods to which they relate, in each case in accordance with United States generally accepted accounting principles ("U.S. GAAP") consistently applied during the periods involved, except in each case as may be noted therein, subject to normal year-end audit adjustments in the case of unaudited statements, and except that the financial statements included in the Form 10-QSB for the three months ended March 31, 2005 have the information required by the rules of the SEC. The books and records of the Company have been, and are being, maintained in all material respects in accordance with U.S. GAAP and reflect only actual transaction.

Report and Financial Statements. Adsouth has made available to WIDEPOINT’s Annual Report on Form 10-K, filed on March 31, 2004 with the Purchasers the SEC Documents, including Securities and Exchange Commission contains the audited financial statements for the year ended of WIDEPOINT as of December 31, 2004 and 2003 (the unaudited financial statements for the three months ended March 31, 2005 (collectively, the "“Financial Statements"”). Each of the balance sheets contained in or incorporated by reference into any such Financial Statements (including the related notes and schedules thereto) fairly presented the financial position of the Company, WIDEPOINT as of its date, and each of the statements of income and changes in stockholders' ’ equity and cash flows or equivalent statements in such Financial Statements (including any related notes and schedules thereto) fairly presents, changes in stockholders' ’ equity and changes in cash flows, as the case may be, of the Company, WIDEPOINT for the periods to which they relate, in each case in accordance with United States generally accepted accounting principles ("“U.S. GAAP"”) consistently applied during the periods involved, except in each case as may be noted therein, subject to normal year-end audit adjustments in the case of unaudited statements, and except that the financial statements included in the Form 10-QSB for the three months ended March 31, 2005 have the information required by the rules of the SEC. The books and records of the Company WIDEPOINT have been, and are being, maintained in all material respects in accordance with U.S. GAAP and any other applicable legal and accounting requirements and reflect only actual transaction.

Report and Financial Statements. Adsouth has made available to the Purchasers the SEC Documents, including the audited financial statements for the year ended December 31, 2004 and Attached hereto as Schedule 4.6 are the unaudited financial statements of the Company for its fiscal year ended June 30, 2005 and for the three six months ended March December 31, 2005 (collectively, the "“Financial Statements"”). Each of the balance sheets contained in or incorporated by reference into any such Financial Statements (including the related notes and schedules thereto) fairly presented the financial position of the Company, as of its date, and each of the statements of income and changes in stockholders' ’ equity and cash flows or equivalent statements in such Financial Statements (including any related notes and schedules thereto) fairly presents, changes in stockholders' ’ equity and changes in cash flows, as the case may be, of the Company, for the periods to which they relate, in each case in accordance with United States generally accepted accounting principles ("“U.S. GAAP"”) consistently applied appl ied during the periods involved, except in each case as may be noted therein, subject to normal year-end audit adjustments in the case of unaudited statements, and except that the financial statements included in the Form 10-QSB for the three months ended March 31, 2005 have the information required by the rules of the SECadjustments. The books and records of the Company have been, and are being, maintained in all material respects in accordance with U.S. GAAP and any other applicable legal and accounting requirements and reflect only actual transactiontransactions.

Report and Financial Statements. Adsouth has made available to the Purchasers the SEC Documents, including the The audited financial statements of NIMS for the year ended December July 31, 2004 and the unaudited financial statements of NIMS for the three months quarter ended March October 31, 2004, January 31, 2005 and April 30, 2005 are included in NIMS’s SEC Documents (collectively, the "“Financial Statements"”). Each of the balance sheets contained in or incorporated by reference into any such the Financial Statements (including the related notes and schedules thereto) fairly presented the financial position of the Company, NIMS as of its date, and each of the statements of income and changes in stockholders' ’ equity and cash flows or equivalent statements in such Financial Statements (including any related notes and schedules thereto) fairly presentspresents the results of operations, changes in stockholders' ’ equity and changes in cash flows, as the case may be, of the Company, NIMS for the periods to which they relate, in each case in accordance with United States generally accepted accounting principles ("“U.S. GAAP"”) consistently applied during the periods involved, except in each case as may be noted therein, subject to normal year-end audit adjustments and other adjustments described therein in the case of unaudited statements, and except that the financial statements included in the Form 10-QSB for the three months ended March 31, 2005 have the information required by the rules of the SEC. The books and records of the Company NIMS have been, and are being, maintained in all material respects in accordance with U.S. GAAP and any other applicable legal and accounting requirements and reflect only actual transaction.