SuperCom Secures New Contract to Deploy Electronic Monitoring Suite in Eastern Texas

Actualizado el 12 de abril, 2018 - 14.32hs.

SuperCom Secures New Contract to Deploy Electronic Monitoring Suite in Eastern Texas

Contract Marks 11th New EM Project SuperCom is Currently Deploying Globally

PR Newswire

NEW YORK, April 12, 2018 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-government, public safety, healthcare, and finance sectors, has secured a new contract to provide its PureSecurity Electronic Monitoring (EM) suite of GPS and home detention offender tracking and monitoring solutions to an established service provider in eastern Texas.

SuperCom's expansion into Texas bolsters the company's growing coverage within the southern United States. Along with its subsidiary LCA, SuperCom provides products and services directly to government agencies along with selectively partnering with private companies operating in the judicial or technical marketplace. This new customer has a long history of serving the court system as a product reseller and service provider.  SuperCom has received initial orders under the agreement and expects follow-on orders to ramp up over time. The project will be billed at a per-unit daily rate and generate steady-state recurring revenues accordingly.

"This contract in Texas continues our positive streak of winning new business across the country and also brings the tally of new EM deployments currently being deployed globally to eleven," said Ordan Trabelsi, President of the Americas. "While these contracts do vary in size, it's important to note that they present significant long-term opportunities for growth. As we've already been seeing with our recent deployments in Atlanta, Kentucky and Tennessee among others, after experiencing the benefits of SuperCom's technology offerings, customers have requested to expand the size and scope of their initial deployments, paving the way towards becoming valuable, long-term partners. And what this means for SuperCom is that these initial footholds can translate into long-term, high-margin recurring revenue expansion."

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 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 the Company'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 the Company. 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 the Company's independent auditors. The Company 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

Cision View original content:http://www.prnewswire.com/news-releases/supercom-secures-new-contract-to-deploy-electronic-monitoring-suite-in-eastern-texas-300628917.html

SOURCE SuperCom

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