Following a formal bidding process, SuperCom (NASDAQ: SPCB) has been selected by a new Asian national government customer to deploy an electronic GPS tracking and monitoring turn-key system. The company expects this program to begin by GPS tracking and monitoring of several thousands of units simultaneously, with the potential to expand through additional modules in value ranging from $1 million to $4 million in the next three months. SuperCom said it expects to complete the deployment by the end of Q2 2017, and achieve revenue of over 80% of the contract value within six months of contract signing.
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About SuperCom
Since 1988, SuperCom (SPCB) 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 secured Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers advanced, secure mobile payments ranging from mobile wallet to mobile POS, using a set of components and platforms to enable secure mobile payments and financial services. SuperCom is a global provider of a unique all-in-one field-proven RFID & mobile PureSecurity advanced solutions 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: http://www.supercom.com
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