STOCK TITAN

SuperCom Secures New Government Electronic Monitoring Contract in Southeast United States

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

SuperCom (NASDAQ: SPCB) has secured a new GPS monitoring contract with a Sheriff's Office in the Southeast United States. This contract utilizes SuperCom's PureTrack GPS smartphone, which supports the agency's work release program. The payment structure is based on a per unit per day lease model, billed monthly. SuperCom highlights its diverse USA EM customer base, showcasing the adaptability of its Electronic Monitoring platform.

The PureTrack solution offers features like voice and text communication, along with reliable offender location tracking.

Positive
  • Secured a new GPS monitoring contract with a Sheriff's Office.
  • Utilizes the PureTrack GPS smartphone, enhancing work release program support.
  • Per unit per day lease model provides consistent revenue stream.
  • Demonstrates adaptability and flexibility of SuperCom's Electronic Monitoring platform.
Negative
  • None.

NEW YORK, Dec. 9, 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 the Southeast United Sates. The contracting ageny is a Sheriff's Office and will use SuperCom's PureTrack GPS smartphone product in support of their work release program. SuperCom will provide its propreitary software and hardware. The contract is structured as a per unit per day lease model, with billing at the end of each month.   

"We are proud of our USA EM customer base, which represents a blend of direct government agencies and private companies serving numerous government agencies with various business needs. The PureTrack smartphone's flexibility and robustness continue to allow us to pursue and win across the full spectrum of the offender monitoring market," stated Ordan Trabelsi, President of the Americas. "Regarding this recent announcement, the PureTrack GPS smartphone soluton addressed the concerns of work release programs throughout the country. The ability to communicate via voice and text, as well as the ability to locate and validate offender authorized movements, without concern for offenders having to charge the device while in custody, have wide appeal to programs such as these," continued Ordan.

"The diversity of our client base signals to the flexibility and adaptability of our Electronic Monitoring platform," commented Ordan Trabelsi. "We are realizing the benefits of sticking to our plan: challenge the status quo with new technology that improves our customers' Electronic Monitoring user experience and delivers measurable value," Ordan concluded.

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

 

Cision View original content:http://www.prnewswire.com/news-releases/supercom-secures-new-government-electronic-monitoring-contract-in-southeast-united-states-301189511.html

SOURCE SuperCom Ltd

FAQ

What recent contract did SuperCom (SPCB) secure?

SuperCom secured a GPS monitoring contract with a Sheriff's Office in the Southeast United States.

What product will be used in SuperCom's new contract?

SuperCom will use its PureTrack GPS smartphone for the work release program.

What is the payment structure for SuperCom's new contract?

The contract is structured as a per unit per day lease model, billed at the end of each month.

How does the PureTrack solution benefit work release programs?

It allows for voice and text communication and reliable tracking of offenders without requiring device charging.

What does SuperCom's diverse customer base indicate?

It indicates the flexibility and adaptability of their Electronic Monitoring platform.

SuperCom, Ltd

NASDAQ:SPCB

SPCB Rankings

SPCB Latest News

SPCB Stock Data

6.55M
1.46M
9.02%
1.33%
0.52%
Security & Protection Services
Industrials
Link
United States of America
Tel Aviv-Yafo