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SuperCom Secures New Contracts with South Dakota Sheriff Agencies, Accelerating U.S. Expansion

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SuperCom (NASDAQ: SPCB) has secured seven electronic monitoring contracts with county Sheriff agencies across South Dakota, marking its fourth new state entry since August 2024. The deployments will feature SuperCom's PureOne technology, which provides real-time GPS tracking and communication capabilities for both urban and rural environments.

This expansion into South Dakota demonstrates SuperCom's accelerating market penetration in the United States, with more agreements expected in the region. The company's PureOne solution is being adopted for its ability to meet evolving law enforcement needs and enhance public safety through advanced monitoring solutions.

SuperCom (NASDAQ: SPCB) ha ottenuto sette contratti di monitoraggio elettronico con le agenzie dello sceriffo della contea in tutto il South Dakota, segnando così la sua quarta nuova entrata in uno stato dal mese di agosto 2024. I dispiegamenti utilizzeranno la tecnologia PureOne di SuperCom, che offre funzionalità di tracciamento GPS in tempo reale e capacità di comunicazione per ambienti urbani e rurali.

Questa espansione nel South Dakota dimostra la crescente penetrazione di mercato di SuperCom negli Stati Uniti, con ulteriori accordi previsti nella regione. La soluzione PureOne della compagnia viene adottata per la sua capacità di soddisfare le esigenze in evoluzione delle forze dell'ordine e migliorare la sicurezza pubblica attraverso soluzioni avanzate di monitoraggio.

SuperCom (NASDAQ: SPCB) ha logrado asegurar siete contratos de monitoreo electrónico con las agencias del sheriff del condado en todo Dakota del Sur, marcando su cuarta nueva entrada en un estado desde agosto de 2024. Los despliegues contarán con la tecnología PureOne de SuperCom, que proporciona capacidades de seguimiento GPS en tiempo real y comunicación para entornos urbanos y rurales.

Esta expansión en Dakota del Sur demuestra la acelerada penetración de mercado de SuperCom en los Estados Unidos, con más acuerdos esperados en la región. La solución PureOne de la compañía está siendo adoptada por su capacidad para satisfacer las necesidades en evolución de las fuerzas del orden y mejorar la seguridad pública a través de soluciones avanzadas de monitoreo.

슈퍼컴 (NASDAQ: SPCB)은 사우스다코타 전역의 카운티 샤리프 기관과 함께 7개의 전자 모니터링 계약을 체결하였으며, 이는 2024년 8월 이후 네 번째 신규 주 진입을 의미합니다. 배포는 슈퍼컴의 PureOne 기술을 사용하여 도시 및 농촌 환경 모두를 위한 실시간 GPS 추적 및 통신 기능을 제공합니다.

사우스다코타로의 확장은 미국 내 슈퍼컴의 가속화된 시장 침투를 보여주며, 이 지역에서 더 많은 계약이 예상됩니다. 회사의 PureOne 솔루션은 진화하는 법 집행 요구 사항을 충족하고 고급 모니터링 솔루션을 통해 공공 안전을 향상시키는 능력 덕분에 채택되고 있습니다.

SuperCom (NASDAQ: SPCB) a sécurisé sept contrats de surveillance électronique avec les agences du shérif des comtés à travers le Dakota du Sud, marquant ainsi sa quatrième nouvelle entrée dans un état depuis août 2024. Les déploiements présenteront la technologie PureOne de SuperCom, qui offre des capacités de suivi GPS en temps réel et de communication pour des environnements urbains et ruraux.

Cette expansion dans le Dakota du Sud démontre la pénétration de marché accélérée de SuperCom aux États-Unis, avec d'autres accords attendus dans la région. La solution PureOne de l'entreprise est adoptée pour sa capacité à répondre aux besoins évolutifs des forces de l'ordre et à améliorer la sécurité publique grâce à des solutions avancées de surveillance.

SuperCom (NASDAQ: SPCB) hat sieben elektronische Überwachungsverträge mit den Sheriff-Agenturen in South Dakota abgeschlossen, was den vierten neuen Bundesstaatseintritt seit August 2024 markiert. Die Einsätze werden mit der PureOne-Technologie von SuperCom ausgestattet, die Echtzeit-GPS-Tracking- und Kommunikationsmöglichkeiten für sowohl städtische als auch ländliche Umgebungen bietet.

Diese Expansion nach South Dakota zeigt die beschleunigte Marktdurchdringung von SuperCom in den Vereinigten Staaten, wobei weitere Vereinbarungen in der Region erwartet werden. Die PureOne-Lösung des Unternehmens wird aufgrund ihrer Fähigkeit angenommen, sich an die sich entwickelnden Bedürfnisse der Strafverfolgung anzupassen und die öffentliche Sicherheit durch fortschrittliche Überwachungsmaßnahmen zu verbessern.

Positive
  • Secured seven new contracts with South Dakota Sheriff agencies
  • Expanded into fourth new state since August 2024
  • Growing market penetration with more agreements expected
  • Successfully deploying PureOne technology in both urban and rural environments
Negative
  • None.

Insights

The new contracts in South Dakota represent a strategic expansion but with immediate financial impact given SuperCom's current $7.57M market cap. The company's entry into four new states since August 2024 demonstrates effective market penetration strategy, though the revenue potential from these sheriff agency contracts is likely modest in scale.

The electronic monitoring market is experiencing growth due to increasing adoption of alternative sentencing and supervision methods. However, SuperCom faces significant competition from larger players like BI Incorporated and Attenti in a fragmented market. The PureOne technology's rural capabilities could be a differentiator in states like South Dakota, but without contract values disclosed, the revenue impact remains uncertain.

The expansion pattern suggests a land-grab strategy to establish presence across multiple states, which could position SuperCom for larger state-wide contracts in the future. Yet, the company's micro-cap status and the typically small-scale nature of county-level contracts indicate these developments, while positive for growth, may not significantly alter SuperCom's financial trajectory in the near term.

South Dakota Marks SuperCom's Fourth New State Entry Since August 2024, Highlighting Rapid U.S. Market Expansion

TEL AVIV, Israel, Dec. 30, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has secured multiple electronic monitoring contracts with county Sheriff agencies across South Dakota. SuperCom has signed seven contracts in South Dakota, with more agreements expected as the company continues to expand its footprint in the region. These deployments will feature SuperCom's advanced PureOne technology, renowned for its real-time GPS tracking, robust communication capabilities, and dependable performance in both urban and rural environments.

SuperCom Logo

This achievement marks SuperCom's first entry into South Dakota, further strengthening its presence in the United States. South Dakota is the fourth new state SuperCom has entered since August 2024, underscoring the company's accelerating expansion and ability to swiftly penetrate new markets.

"We are excited to introduce our innovative PureOne technology to South Dakota Sheriff agencies and support their mission to enhance public safety," said Ordan Trabelsi, President and CEO of SuperCom. "Our rapid entry into new territories reflects the increasing demand for reliable, advanced monitoring solutions and highlights our commitment to delivering real value to law enforcement agencies across the U.S."

Mr. Trabelsi added, "The growing adoption of our PureOne solution underscores its unique ability to meet the evolving needs of law enforcement. By delivering high-quality, innovative solutions, we continue to strengthen our position as a trusted partner in advancing public safety technology nationwide."

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 contracts did SuperCom (SPCB) secure in South Dakota?

SuperCom secured seven contracts with county Sheriff agencies across South Dakota.

What technology will SuperCom (SPCB) deploy in South Dakota?

SuperCom will deploy its PureOne technology, which features real-time GPS tracking and communication capabilities for both urban and rural environments.

How many new states has SuperCom (SPCB) entered since August 2024?

South Dakota marks SuperCom's fourth new state entry since August 2024.

What is the significance of SuperCom's (SPCB) South Dakota expansion?

The South Dakota expansion demonstrates SuperCom's accelerating market penetration in the United States and ability to swiftly enter new markets, with more agreements expected in the region.

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