STOCK TITAN

SuperCom Reports Succesful Coronavirus Quarantine Compliance Pilot in Israel

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

SuperCom (NASDAQ: SPCB) announced a successful pilot in Israel for its COVID-19 quarantine compliance technology, featuring the PureCare smartphone and PureTag bracelet. Over 91% of travelers opted for the home quarantine program. The Israeli Ministry of Health expressed high demand for the solution, prompting SuperCom to increase its production capacity to over 20,000 units monthly. The company typically charges above $10 per day for full-service programs, potentially leading to significant revenue. The pilot demonstrates effective compliance tracking, supporting government efforts to combat the virus.

Positive
  • Successful pilot for COVID-19 compliance technology in Israel.
  • Over 91% participation rate among travelers for home quarantine.
  • Increased production capacity to over 20,000 units per month.
  • High demand expressed by the Israeli Ministry of Health for units.
Negative
  • None.

TEL AVIV, Israel, March 5, 2021 /PRNewswire/ --SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, announced today that the pilot in Israel for its Coronavirus (COVID-19) citizen quarantine compliance technology has been successful. The pilot is comprised of proprietary products in SuperCom's PureHealth technology suite to include the PureCare smartphone and PureTag bracelet, which will help persons comply with their quarantine requirements. This solution is designed to assist government efforts in combating the spread of the virus through proven location tracking and stay-at-home compliance rules being implemented around the globe.

The pilot, which offered travelers arriving at Israel's International airport to go on home quarantine for 10-14 days with the Purecare technology and program, received high demand with over 91% choosing to opt in for the program. Travelers on the program reported, through interviews on Israeli public news channels, very positive and comfortable experiences with a high rate of satisfaction for choosing the program.  

Accordingly, the ministry of health in Israel expressed immediate demand for a high quantity of bracelet based covid-19 quarantine solution units to assist them in opening up the Israel international airports for large amount of passengers daily. In light of this demand and a surge in interest from multiple other nations, Supercom has significantly increased its potential production capacity to over 20,000 units per month, highest among its industry peers. The currently discussed covid-19 compliance program in Israel is full service, which means the technology itself and full services including installation, training for users, support, monitoring, and reporting.

In various full-service programs in the United States , the company typically charges above $10 per day per unit, or an annuilized run rate of above $3650 per unit. Although pricing in this program could be different. 

"We are very pleased with this pilot, utilizing our proprietary technology with persons under home-quartantine in Israel, and we are proud to help Israel validate an important strategy to help mitigate the spread of the coronavirus," commented Ordan Trabelsi, President and CEO of SuperCom.

"As new coronavirus mutations continue to spread, governments and healthcare agencies continue searching for tools that assist their efforts in fighting this pandemic. After testing different variations of our technology and program structures, we believe we may have achieved a comprehensive solution for comfortable and effective quarantine compliance. We have increased our production capacity to allow rapid deployment of thousands of units, and invite more nations around the world to pilot our technology and solution as well, " concluded Ordan Trabelsi, President and CEO of SuperCom.

PureHealth is a non-intrusive patient friendly suite that can constantly track patient location for compliance programs; within buildings, vehicles and outside.  PureHealth works within existing healthcare containment models for control and surveillance of patients with infectious disease. The solution can operate with a mobile phone standalone or with additional security and location accessories as needed. In addition to the PureCare smartphone and PureTag bracelet, SuperCom offers a web based SAAS command and control center to manage the field based devices and compliance with program defined rules. This best-of-breed system includes a comprehensive set of innovative features, including smart phone integration, secure communication, advanced AI and security, anti-tamper mechanisms, fingerprint biometrics, voice communication and extended battery life.

About SuperCom

Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification and security solutions to governments and organizations, both private and public, throughout the world. Through its proprietary e-government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, livestock monitoring, and building and access automation. For more information, visit www.supercom.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded or followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical or current facts. Examples of these statements include, but are not limited to, statements regarding business and economic trends, the anticipated impact of the COVID-19 outbreak on travel and physical locations and the anticipated impact of such outbreak on our business and results of operations. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the statements made. These risks and uncertainties include, but are not limited to, the effects of the COVID-19 outbreak, including levels of consumer, business and economic confidence generally, the duration of the COVID-19 outbreak and severity of such outbreak, the pace of recovery following the COVID-19 outbreak, the effect on our supply chain, our ability to implement cost containment and business recovery strategies; and the adverse effects of the COVID-19 outbreak on our business or the market price of our ordinary shares, risks and uncertainties described under the heading "Forward Looking Statements" in any report and the risk factors described in our Annual Report on Form 20-F for the year ended December 31, 2018 and our subsequent filings with the U.S. Securities and Exchange Commission and reports on Form 6-K are uncertain. Except as required by law, we not undertake any obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release.

SuperCom Corporate Contact:
Ordan Trabelsi, President & CEO
Tel: +1- 212-466-4606
ordan@supercom.com

 

 

Cision View original content:http://www.prnewswire.com/news-releases/supercom-reports-succesful-coronavirus-quarantine-compliance-pilot-in-israel-301241518.html

SOURCE SuperCom Ltd

FAQ

What was the outcome of SuperCom's pilot in Israel regarding COVID-19 compliance?

The pilot was successful, with over 91% of travelers opting for home quarantine using SuperCom's technology.

How many units can SuperCom produce monthly for its COVID-19 compliance solutions?

SuperCom has increased its production capacity to over 20,000 units per month.

What technology does SuperCom use for quarantine compliance?

SuperCom utilizes the PureCare smartphone and PureTag bracelet for tracking and compliance.

What pricing model does SuperCom typically use for its compliance programs?

SuperCom typically charges above $10 per day per unit for full-service compliance programs.

What demand did the Israeli Ministry of Health express regarding SuperCom's technology?

The Ministry expressed immediate demand for a high quantity of bracelet-based COVID-19 quarantine solution units.

SuperCom, Ltd

NASDAQ:SPCB

SPCB Rankings

SPCB Latest News

SPCB Stock Data

6.62M
1.82M
9.02%
1.28%
2.44%
Security & Protection Services
Industrials
Link
United States of America
Tel Aviv