Business
SuperCom Executes California Project Valued at up to $4 million
TEL AVIV, Israel, June 16, 2021 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IOT and Cybersecurity
About this update from Supercom, Ltd.
[{"type":"text","content":"TEL AVIV, Israel, June 16, 2021 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IOT and Cybersecurity sectors, announced today that it has executed its contract won through the Company's fully-owned subsidiary, Leaders in Community Alternatives (LCA), valued at up to $4 million. The project is expected to launch in July 2021.\nSuperCom, through its IoT Tracking division, will provide juvenile programming and rehabilitative services to one of the counties in central valley California. The project is valued at up to $4 million over a 5-year period, including an initial 2-year term with three optional one-year extensions, generating annual revenues of approximately $800 thousand. \n\"We are excited to launch another project in this county, a testament to the good work we have been doing here for years. In anticipation of the upcoming launch, we are actively recruiting and planning as we work closely with this county to ensure a successful implementation. As more governmental agencies see the value of our technology solutions and services offerings, we hope to see continued momentum in this market,\" commented Ordan Trabelsi, President and CEO of SuperCom.\nAbout SuperCom\nSince 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.\nSuperCom's website is http://www.supercom.com \nAbout Leaders in Community Alternatives, Inc. (LCA) \nLCA is one of California's leading private criminal justice organizations, providing community-based se...