NEW YORK, Dec. 7, 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 California. The contracting agency is a private
company serving the judicial services market.
The contract is for SuperCom's PureTrack smartphone GPS tracking
products and is structured as a per unit per day lease model, with
billing at the end of each month.
"With every new win, we become more confident in our business
plan, our proprietary technology offering and our ability to add
value in places where others cannot," stated Ordan Trabelsi, President of the Americas. "When
new customers move over to our platform, they have concluded that
the multitude of benefits they will receive simply outweigh the
investment and risk inherent in such a change."
"We designed our products with new ideas on how to best serve
the offender monitoring market. From the field based offender
hardware to the backend monitoring software, we have implemented
fresh and viable concepts that are being recognized through each
new contract. And with each new contract, we expect an increase in
our long-term recurring revenues and our global footprint in this
market," concluded Ordan.
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