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New European EM Contracts Give SuperCom Ltd. (NASDAQ: SPCB) Platform Broader Horizon in Growing Drive for Public Safety

  • Israel-headquartered SuperCom Ltd. has developed its PureSecurity Suite of secure identification and electronic monitoring products as an end-to-end solution for increasing public safety worldwide
  • SuperCom recently announced it has received orders valued at over $3 million from European governments, to be delivered in Q3 of 2024
  • In April, the company similarly announced over $5 million in new orders from European governments for the company’s EM solutions, showing that SuperCom’s products and services remain popular in the region

Security solutions innovator SuperCom (NASDAQ: SPCB) is a growing provider of electronic monitoring technologies for a variety of primarily governmental client needs. Applications include the supervision of individuals in criminal cases who have qualified for home-based detention as an alternative to incarceration, as well as rehabilitation and domestic violence prevention programs.

Most recently, the company has announced more than $3 million of orders from EU governments to serve the needs of correctional facilities and law enforcement agencies, adding to the $5 million of new European government orders the company announced in April.

“The new orders strengthen our position as a global leader in electronic monitoring solutions for public safety,” SuperCom President and CEO Ordan Trabelsi stated (https://nnw.fm/FJN7b). “Our recent successes in securing substantial orders from European governments reflect our unwavering commitment to delivering exceptional results and our ability to meet the evolving needs of our clients. SuperCom remains dedicated to ensuring successful project execution and fostering lasting partnerships with governments worldwide.”

SuperCom provides traditional and digital identity solutions on an internationally. This year, its most recent contracts have been requisitioned to meet the needs of agencies in Europe. The company has also expressed a particular focus on serving public safety agency needs in the United States as well.

SuperCom’s end-to-end electronic monitoring solution is branded as PureSecurity Suite. It delivers state-of-the-art GPS tracking and monitoring technologies through a secure software platform.

The PureSecurity Suite provides real-time reporting as part of its communication functions. Needs that are served range from ensuring that home-detention orders are obeyed, to substance abuse rehabilitation conditions established as part of treatment.  In addition, real-time reporting can be of critical value when used for court-ordered EM tracking of domestic violence offenders.

SuperCom’s security solutions serve organizations in both the public and private sectors. The company also offers proprietary e-government platforms for traditional identification needs as well as biometrics enrollment, personalization, issuance and border control services.

The company’s e-government division announced its most recent contract acquisition in May when it landed a $1.8 million new project from a long-standing customer.

The company’s solutions also include a Safend’s Data Protection Suite as a software solution for protecting organizations from data leakage and theft. The suite product protects data-in-use, data-at-rest and data-in-motion without hampering workers’ productivity.

“Since 2018, SuperCom has secured over 50 new multi-year government projects,” Trabelsi stated in an April investor discussion about the company’s year-end financial report (https://nnw.fm/cHokx). “Our strong growing reputation as a premium provider of electronic monitoring solutions and services enhanced our market position with each new customer win.”

The company’s announcement states the new European government contracts are expected to be delivered by the end of the third quarter this year.

For more information, visit the company’s website at www.SuperCom.com.

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at https://nnw.fm/SPCB

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