TEL-AVIV, Israel, Jan. 5, 2021 /PRNewswire/
-- SuperCom (NASDAQ: SPCB), a global
provider of secure solutions for the e-Government, IOT and
Cybersecurity sectors, announced today that Mr. Ordan Trabelsi will be appointed as SuperCom's
new President and Chief Executive Officer effective as of
February 21, 2021. At the same time,
Mr. Arie Trabelsi, President and CEO
of SuperCom since 2011, will stay on as a member of SuperCom's
board of directors to support the transition of the new management
team.
Ordan Trabelsi currently leads
SuperCom's business and operations in the Americas through his role
as President and CEO of SuperCom Americas. He has been with the
company since May 2013 as the second
US employee and grew the business in the USA to over $10
million in annual revenues and profitability, representing
over 1000% of organic growth. He has also lead successful mergers
and acquisitions and numerous financings for the company, including
public equity offerings, private equity placements, and various
credit facilities, which totaled over $75
million in capital.
Ordan has over 15 years of experience as CEO growing high tech
companies globally. He also has experience in research and
development, product innovation, go-to-market strategies and
leadership of global multi-disciplinary teams, as well as hands-on
technology experience in cyber security, encryption, advanced
mathematics, and mobile and internet networks technologies. Ordan
holds a BSc. degree in Software and Electrical Engineering from the
Technion - Israel Institute of Technology, which he began studies
for at the age of 15 and graduated with high distinction, as well
as an MBA degree from the Columbia University
Business School, New York,
where he graduated with distinction.
"This is an exciting time for SuperCom where we see momentum
throughout the world and great opportunity for future growth," said
Arie Trabelsi, President and CEO of
SuperCom since 2011. "I am delighted to see Ordan take leadership
of the company. His successful experience growing the company's
business in the U.S. from less than $100
thousand to over $10 million
in annual revenues, our largest revenue and operations region,
makes him a natural fit to lead the company in the coming years as
it continues its expansion in developed countries and cutting-edge
technologies. His extensive experience working closely with public
company investors, sell-side analysts, and investment banks, as
well as his expertise in finance, technology, and global strategy,
make him ideally suited as a public company CEO. He can accelerate
our business plan to become a global leader for our target markets
in the e-Government, Cyber and IoT sectors. I look forward to
supporting Ordan and the new management team to make this
transition as smooth as possible."
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
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
facts. Forward-looking statements in this release also include
statements about business and economic trends. Investors should
also consider the areas of risk described under the heading
"Forward Looking Statements" and those factors captioned as "Risk
Factors" in SuperCom's periodic reports under the Securities
Exchange Act of 1934, as amended, or in connection with any
forward-looking statements that may be made by SuperCom. These
statements are subject to known and unknown risks, uncertainties
and other factors that may cause actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements arising from the annual audit by
management and SuperCom's independent auditors. SuperCom undertakes
no 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: +1-212-675-4606
ordan@supercom.com
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SOURCE SuperCom Ltd