Contract Already in Effect; National Electronic Monitoring
Program Estimated to Include Over 1,500 Offenders;
Optional Extension of Up to 4 More Years
TEL
AVIV, Israel, Oct. 10,
2024 /PRNewswire/ -- SuperCom (NASDAQ:
SPCB), a global provider of secured solutions for the
e-Government, IoT, and Cybersecurity sectors, is pleased to
announce that, together with its prime partner Electra, it has been
awarded a 5-year contract by the Israel Prison Service state agency (IPS) to
deploy its PureSecurity Electronic Monitoring (EM) Suite. This
full-service contract encompasses all EM programs within the
country, beginning with the existing Home Detention Monitoring
program and additional GPS Tracking programs.
The nationwide program is expected to cover all EM offender
programs in the country, with an estimated 1,500 enrollees and
potential for expansion. SuperCom will deploy its cutting-edge EM
solutions, including PureCom, PureTrack, PureTag, and PureBeacon.
The 5-year contract is already in effect and includes the
option for up to four one-year extensions. .
"We are deeply honored to support Israel's public safety infrastructure during
these challenging times," commented Ordan
Trabelsi, President and CEO of SuperCom. "Our mission goes
beyond business; it is about contributing to the safety and
resilience of Israel. By providing
the Israel Prison Service state
agency with our advanced electronic monitoring solutions, we
reaffirm our unwavering commitment to making Israel safer for all its citizens," Ordan
continued.
"We also thank our partner, Electra, one of the most reputable
and reliable nationwide security services providers. Together, we
offered a winning proposal that combines the most advanced
technologies and services to meet the critical needs of the IPS,"
Ordan added.
"This win further enhances our ability to deliver top-tier
technology and services for effectively managing correctional
programs and enhancing public safety. It highlights the growing
demand for our advanced electronic monitoring solutions globally
and strengthens our strategic position as a leading security
technology provider," Ordan concluded.
The project was won through a highly competitive bid process,
including several rounds of negotiations, demonstrations, and
system evaluations required and supervised by the IPS. SuperCom
management expects to provide further information on such in future
announcements.
SuperCom's PureSecurity Suite has consistently proven effective
in enhancing public safety and facilitating the management of
correctional programs worldwide. The platform features
state-of-the-art GPS tracking, communication, and monitoring
technologies designed to meet the needs of correctional facilities
and law enforcement agencies. It includes advanced anti-tamper
mechanisms, multi-factor biometrics, cutting-edge location
technologies and sensors, seamless 3rd party API integration, an
ultra-lightweight ankle bracelet with proprietary energy efficiency
algorithms, and extensive historical data.
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,
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.
SuperCom Investor Relations:
ir@supercom.com
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