SuperCom Successfully Converts Caribbean Pilot Into New Contract

Rhea-AI Summary

SuperCom (NASDAQ: SPCB) has announced a new contract in the Caribbean region, following a successful pilot launched on July 10. The company specializes in secure solutions for e-Government, IOT, and Cybersecurity, with a focus on public safety through its human tracking technology. This technology enables secure monitoring of offenders, aiming to reduce recidivism by offering supportive services such as educational content and employment assistance. The contract reflects strong international interest in SuperCom's innovative solutions.

Positive

• New contract signed in the Caribbean region following a successful pilot.
• Focus on public safety through advanced human tracking technology.
• Features include educational content delivery and employment assistance for offenders.

Negative

• None.

NEW YORK, Sept. 3, 2020 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IOT and Cybersecurity sectors is pleased to announce, in the midst of new product launches and strong international interest in the Company's human tracking technology, the signing of a new contract in the Caribbean region. The related pilot for this opportunity was recently announced on July 10. SuperCom's technology was selected for its ability to ensure public safety by securely monitor offender location restrictions while also providing a platform to create tools that aid in the reduction offender recidivism.

"Our tracking products are flexible in adjusting to the diverse needs of our customer around the globe. First and foremost we focus on public safety by implementing layers of complementary technology such as GPS, cell tower location, Wi-Fi location and communication, RF tethering, carrier agnostic voice/sms/data connectivity, biometrics and traditional landline communication,"  commented Arie Trabelsi, President and CEO of SuperCom.

"In addition to our primary focus of public safety, our technology also offers a platform for the delivery of valuable services that can benefit the offender and reduce recidivism.  We feel this approach encourages greater cooperation from the offenders being monitored and incentivizes them to adhere to their release terms. Video conferencing, educational content delivery, employment search, self-reporting, two-way voice and data communications are some of our platform features that can be utilized to assist the offender," Arie continued.

"We are pleased we have been able to meet the strong demand in this technology sector and work fully through the sales cycles towards more wins and contract signatures.  We continue to increase our customer footprint to help position ourselves as a premier innovator and provider in this space," concluded Arie.

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

FAQ

What is the recent contract announced by SuperCom (SPCB)?

SuperCom (SPCB) announced a new contract in the Caribbean region, converting a successful pilot into a full contract.

When was the pilot for SuperCom's new Caribbean contract launched?

The pilot for the new contract was launched on July 10.

What technology does SuperCom (SPCB) focus on for public safety?

SuperCom (SPCB) focuses on human tracking technology to ensure public safety and reduce offender recidivism.

How does SuperCom's (SPCB) technology help in reducing recidivism?

SuperCom's (SPCB) technology provides services like educational content delivery and job search assistance, encouraging offenders to adhere to their release terms.