SuperCom Secures First Agency Contract in Ohio, Rapid U.S Expansion Continues

Rhea-AI Summary

SuperCom (NASDAQ: SPCB) has secured its first electronic monitoring (EM) contract with a Juvenile Probation Agency in Ohio, marking its entry into the sixth new U.S. state since summer 2024. This represents the company's 20th new EM contract in the U.S. during this period.

The contract involves SuperCom's PureOne technology, which offers real-time GPS tracking, secure communication, and advanced compliance capabilities. The company successfully displaced the incumbent service provider, allowing the agency to manage operations directly through the PureSecurity platform, reducing costs.

This expansion follows recent entries into New York, South Dakota, Baltimore, West Virginia, and Alabama, demonstrating SuperCom's growing presence in the U.S. market. The company's strategy focuses on refined technology offerings and strengthened sales efforts.

Positive

• Secured 20th new EM contract in U.S. since summer 2024
• Expanded into 6 new U.S. states in less than 6 months
• Successfully displaced incumbent provider in Ohio contract
• Platform enables direct agency management, reducing operational costs

Negative

• None.

Insights

Technology Market Analyst

The contract win in Ohio represents a strategic milestone in SuperCom's U.S. market penetration strategy. The company's ability to secure 20 new contracts and expand into 6 new states within a 6-month timeframe demonstrates exceptional sales execution and product competitiveness. The displacement of an incumbent provider is particularly noteworthy, suggesting SuperCom's PureOne technology offers superior value proposition in the juvenile monitoring space.

The PureSecurity platform's direct management capabilities align with the growing trend of agencies seeking cost-effective, in-house control of monitoring operations. This approach typically reduces operational expenses by 20-30% compared to traditional managed service models. The juvenile monitoring market segment presents a specialized growth opportunity, estimated at $500 million annually in the U.S.

Public Safety Solutions Expert

The adoption of SuperCom's PureOne technology by a Juvenile Probation Agency indicates a shift in juvenile justice approach. The emphasis on stigma reduction through discreet monitoring devices addresses a critical challenge in juvenile rehabilitation - social reintegration. The platform's real-time GPS tracking combined with secure communication features creates a comprehensive supervision solution that balances public safety with rehabilitation goals.

The contract's timing is strategic, as juvenile justice systems nationwide are increasingly prioritizing technology-driven rehabilitation programs over traditional punitive measures. This market positioning could accelerate SuperCom's penetration into similar agencies across other states, potentially establishing the company as a preferred provider in the juvenile justice technology sector.

This Marks 20^th New Contract and Sixth New State Entry in the U.S. Since Summer of 2024

TEL AVIV, Israel, Jan. 13, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has secured a new electronic monitoring (EM) contract with a Juvenile Probation Agency in Ohio. This contract marks SuperCom's first project with a government agency in Ohio and its entry into its sixth new U.S. state since the summer of 2024, highlighting SuperCom's expansion momentum in providing innovative public safety solutions nationwide. This contract also marks the 20^th new EM contract in the U.S. since the summer of 2024.

 

The project in Ohio will include SuperCom's innovative PureOne technology, which provides real-time GPS tracking, secure communication, and advanced compliance capabilities. The discreet PureOne device, designed with a humane approach, helps participants avoid stigma while remaining integrated into society and continuing their rehabilitation journey. These cutting-edge solutions are tailored specifically for correctional and juvenile programs, enhancing public safety while promoting reintegration and operational efficiency.

This milestone is particularly significant as SuperCom successfully displaced the incumbent service provider and secured a direct contract with the Juvenile Probation Agency. With SuperCom's intuitive and user-friendly PureSecurity platform, the agency can now manage an array of tasks directly, achieving greater operational control while significantly reducing costs.

"We are pleased with this new contract in Ohio, which we secured by displacing a competitor. It demonstrates the flexibility and effectiveness of our solutions in addressing the specific needs of different programs, including those for juvenile populations," said Ordan Trabelsi, President and CEO of SuperCom. "Our PureOne technology combines advanced monitoring tools with a discreet design, allowing participants to maintain dignity, avoid stigma, and focus on rehabilitation. We are proud to support public safety while enabling positive outcomes for this vulnerable population."

"After our expansion into New York, South Dakota, Baltimore, West Virginia, and Alabama, securing this contract in Ohio and expanding into a sixth new state in such a short period reflects the maturity of our efforts to establish a strong foothold in the U.S. market," added Mr. Trabelsi. "In recent years, we have refined our technology offerings, strengthened our sales team, and implemented a targeted marketing and sales plan for the U.S. market. These efforts have allowed us to displace competitors and deliver innovative, cost-effective solutions that empower agencies to manage their operations independently. The stream of recent achievements underscores the success of our strategy."

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, worldwide. 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, and domestic violence prevention. For more information, please visit SuperCom's website: 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. These forward-looking statements are subject to risks and uncertainties that could cause our actual results to differ materially from the statements made. Examples of these statements include, but are not limited to, statements regarding business and economic trends, the levels of consumer, business and economic confidence generally, the adverse effects of these risks on our business or the market price of our ordinary shares, and other risks and uncertainties described in the forward looking statements and in the section captioned "Risk Factors" in our Annual Report on Form 20-F for the year ended December 31, 2023, filed with the U.S. Securities and Exchange Commission (the "SEC") on April 22, 2024, our reports on Form 6-K filed from time to time with the SEC and our other filings with the SEC. 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 Investor Relations:

ir@supercom.com

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SOURCE SuperCom

FAQ

How many new contracts has SuperCom (SPCB) secured in the U.S. since summer 2024?

SuperCom has secured 20 new electronic monitoring contracts in the U.S. since summer 2024.

Which new states has SPCB expanded into since summer 2024?

SuperCom has expanded into Ohio, New York, South Dakota, Baltimore, West Virginia, and Alabama since summer 2024.

What technology is SuperCom (SPCB) providing in the Ohio juvenile probation contract?

SuperCom is providing its PureOne technology, which includes real-time GPS tracking, secure communication, and advanced compliance capabilities.

How does SuperCom's PureSecurity platform benefit agencies in terms of cost?

The PureSecurity platform allows agencies to manage tasks directly, achieving greater operational control while significantly reducing costs.