NetworkNewsBreaks – SuperCom (SPCB) Shares Higher on $4.5M Electronic GPS Tracking and Monitoring Project
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. To view…