TEL AVIV, Israel, Dec. 1, 2020 /PRNewswire/ -- SuperCom
(NASDAQ: SPCB), a global provider of secured solutions for the
e-Government, IoT and Cybersecurity sectors, announced today it has
launched a new 5-year contract with the national government of
Latvia, valued at approximately
$1.2 million, to deploy its enhanced
PureSecurity Electronic Monitoring (EM) Suite, including both RF
House Arrest and GPS tracking. This launch reflects the progression
of the competitive tender win in Latvia previously announced, and the
successful completion of the standstill and appeal period as well
as contract negotiations and execution.
The nationwide program with the Ministry of Justice of
Latvia is set to cover all cases
nationwide requiring electronic monitoring of offenders using both
RF House Arrest and GPS Tracking solutions. SuperCom has begun
deployment of its enhanced PureSecurity product suite introducing
many enhancements and new capabilities which have been developed
over the past years.
The project was won through a formal government-led bid process,
including three companies, in which SuperCom was awarded the
highest number of points for the quality portion of the RFP,
including technology and solution, in addition to the overall
highest score. The project will be billed at a monthly lease rate
and is expected to start generating steady-state recurring revenues
within a few months.
"We are pleased to announce yet another project launch in
Europe for our EM business after a
5-year-long successful EM program which we have deployed and
serviced in Latvia. In the
previous program, the Latvian Probation Services was pioneering EM
in the country, and we were honored to assist them in implementing
this new technology and framework for their nation. We are happy to
be launching another 5-year project, with a broader set of
technical capabilities. This emphasizes the increasing needs for
outstanding technology in this industry as well as the continued
confidence existing customers have in our solutions," said company
President and CEO Arie Trabelsi.
"This new project is another signal that more and more
Electronic Monitoring enabling countries, in Europe, in North
America, and throughout other regions of the world are
turning to SuperCom's technology to support their public safety
efforts. This also reflects a greater overall shift to a more
modernized, effective approach towards alternatives to
incarceration and an emphasis on offenders' successful re-entry
into society," concluded Arie
Trabelsi.
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. For more
information, visit 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. 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