OAKLAND, Calif., Oct. 7, 2021 /PRNewswire/ -- SuperCom
(NASDAQ: SPCB), a global provider of secure solutions for
the e-Government, IOT and Cybersecurity sectors, announces today
that through its fully-owned subsidiary, Leaders in Community
Alternatives (LCA), it has been awarded a new project with a
probation department in Central Coast California to provide
rehabilitative services. This project, which also has an emphasis
on employment services for women, supports those reentering the
community from periods of incarceration by providing evidence-based
and individualized services that contribute to a reduction in
recidivism.
This new project is valued at approximately $1 million over a term of three years, or
approximately $340,000 per year, and
is expected to launch and start generating recurring revenue before
the end of 2021.
"We are pleased to be awarded another project with an existing
customer, further validating the value of our offerings and the
strength of our long-term customer relationships. We attribute this
win also to our successful track record of creating customized
programs that best suit the needs of public agencies related to
reducing recidivism, improving outcomes, as well as providing
treatments and services which ultimately change behavior. As we win
and deploy more projects, we build our reference base of satisfied
customers which helps us expand into more locations around the
world," commented Ordan Trabelsi,
President and CEO of SuperCom.
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
SuperCom Investor Relations:
ir@supercom.com
About Leaders in Community Alternatives, Inc.
(LCA)
LCA is one of California's
leading private criminal justice organizations, providing
community-based services and electronic monitoring programs to
government agencies for more than 28 years. LCA's treatment
services are evidence-based and built on best practices designed to
break the cycle of recidivism. LCA offers a holistic approach with
programs addressing cognitive and behavioral issues and alcohol and
substance abuse. Geared towards individuals involved in cases with
criminal and family courts, LCA offers proven solutions for
governmental institutions across California in addressing realignment
strategies and plans.
LCA's website: http://www.lcaservices.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
anticipated effects of the COVID-19 outbreak on travel and physical
locations, the 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 resulting anticipated impact of such outbreak
on our business, financial condition and results of
operations; the adverse effects of the COVID-19 outbreak 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, 2020, filed with the U.S.
Securities and Exchange Commission (the "SEC") on April 30, 2021, 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
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SOURCE SuperCom Ltd