Established Service Provider with Presence in West Coast,
Northeast, and Southeast U.S. Regions Chooses SuperCom above
Competition
TEL
AVIV, Israel, Jan. 21,
2025 /PRNewswire/
-- SuperCom (NASDAQ: SPCB), a global provider
of secured solutions for the e-Government, IoT, and Cybersecurity
sectors, is pleased to announce it secured a new contract with
a U.S. multi-state electronic monitoring service provider. This
collaboration marks a valuable milestone in SuperCom's U.S.
expansion strategy. In addition to SuperCom's direct expansion
efforts, a wide-spread market player has chosen to introduce
SuperCom's technology to multiple new states and potential
programs, unlocking additional opportunities for growth in unit
deployments and geographical coverage across the country.
Under this contract, SuperCom's advanced PureSecurity Suite
solutions will be integrated into both new and existing programs.
The collaboration will initially target high-impact opportunities
in the Northeastern United States,
with a strategic plan for expansion into additional states in other
regions. The service provider will also act as an on-site partner
for SuperCom, leveraging its local expertise to ensure efficient
deployment and scalability of SuperCom's technologies.
This service provider, an established player in the electronic
monitoring services sector with decades of experience and deep
familiarity with competing technologies, selected SuperCom
following a rigorous evaluation and extensive testing of its
advanced solutions. This decision highlights the superiority of
SuperCom's technology over competing offerings. SuperCom's
innovative and adaptable solutions effectively address the complex
challenges of justice programs, providing unmatched value,
efficiency, and reliability.
"We are enthusiastic about this partnership, which can help
boost our continued expansion in the U.S. electronic monitoring
market. On top of the direct and continuing market expansion
efforts of our teams at SuperCom, which led to entry into 6 new
states and the signing of 20 new contracts since the summer of
2024, the teams of an established industry service provider will
also introduce our solutions to agencies in various regions of the
nation. With over 30 years of industry experience, the service
provider's selection of SuperCom's technology over others can
resonate strongly with potential customers," commented Ordan Trabelsi, President and CEO of
SuperCom.
"This partnership reflects the trust placed in SuperCom's
cutting-edge technology and our ability to deliver transformative
results. By collaborating with an established industry player, we
are further advancing the modernization of electronic monitoring
programs across the U.S.," Mr. Trabelsi added. "SuperCom's
solutions are setting a new standard in the electronic monitoring
industry. By displacing incumbent players time after time, we are
better positioned to meet the growing demand for scalable and
impactful public safety solutions. We aim to enhance offender
rehabilitation, improve public safety, and deliver technology that
defines the future of electronic monitoring programs
nationwide."
The U.S. electronic monitoring market is expected to grow
significantly, with industry forecasts projecting it to reach
$1.8 billion by 2028. SuperCom's
innovative solutions are uniquely positioned to capitalize on this
expanding demand.
SuperCom's PureSecurity Suite is a best-of-breed electronic
monitoring and tracking platform with a comprehensive set of
innovative features, including smartphone 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, 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.
Logo: https://mma.prnewswire.com/media/1717536/SuperCom_Logo.jpg
SuperCom Investor Relations:
ir@supercom.com
View original
content:https://www.prnewswire.com/news-releases/supercom-signs-contract-with-multi-state-electronic-monitoring-service-provider-to-boost-us-market-expansion-302356121.html
SOURCE SuperCom
