SuperCom Secures New Electronic Monitoring Contract in California
SuperCom (NASDAQ: SPCB) has announced a new GPS monitoring contract in California, enhancing its position in the judicial services market. The contract involves SuperCom's PureTrack smartphone GPS tracking products, billed on a per unit, per day lease basis. Ordan Trabelsi, President of the Americas, expressed confidence in the company's technology and value proposition, emphasizing the expected increase in recurring revenues from new contracts. SuperCom's PureSecurity Suite integrates advanced features aimed at offender monitoring, contributing to its global market expansion.
- Secured a new GPS monitoring contract in California, expanding market presence.
- Contract based on a per unit, per day lease, ensuring recurring revenue.
- Innovative technology in PureSecurity Suite enhances product offering.
- None.
NEW YORK, Dec. 7, 2020 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors , announced today that it has secured a new GPS monitoring contract in California. The contracting agency is a private company serving the judicial services market.
The contract is for SuperCom's PureTrack smartphone GPS tracking products and is structured as a per unit per day lease model, with billing at the end of each month.
"With every new win, we become more confident in our business plan, our proprietary technology offering and our ability to add value in places where others cannot," stated Ordan Trabelsi, President of the Americas. "When new customers move over to our platform, they have concluded that the multitude of benefits they will receive simply outweigh the investment and risk inherent in such a change."
"We designed our products with new ideas on how to best serve the offender monitoring market. From the field based offender hardware to the backend monitoring software, we have implemented fresh and viable concepts that are being recognized through each new contract. And with each new contract, we expect an increase in our long-term recurring revenues and our global footprint in this market," concluded Ordan.
SuperCom's PureSecurity Suite is a best-of-breed electronic monitoring and tracking platform, which contains a comprehensive set of innovative features, including smart phone integration, secure communication, advanced security, anti-tamper mechanisms, fingerprint biometrics, voice communication, unique touch screens 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.
SuperCom's website is http://www.supercom.com.
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 Americas
Tel: +1-212-466-4606
ordan@supercom.com
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SOURCE SuperCom Ltd
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