Business
SuperCom Secures 2nd New $1 Million Order From National Government Customer
Addition to recently announced order with the same customer for a total of $2m to be recognized over next 6 months NEW YORK, May 27, 2020 /PRNewswire/ --
About this update from Supercom, Ltd.
[{"type":"text","content":"Addition to recently announced order with the same customer for a total of $2m to be recognized over next 6 months\n\n\n\n NEW YORK, May 27, 2020 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, Public Safety, HealthCare, and Finance sectors is pleased to report that its e-GOV division has secured a 2nd new order of approximaley $1 million from a national government customer, which brings the new project with this customer recently announced on April 8th to a value of approximately $2 million. Per the new contract, SuperCom will provide new flexible e-Gov secured solution. This new project of approximately $2 million in value is expected to be recognized over the next 6 months. \nNational ID, Passport and other turn-key identification solutions provided by SuperCom to governments are intended to be the first step towards addressing the subject of identification for citizens and aliens. They provide protection from undesirable persons such as terrorists and criminals, which can be easily identified. SuperCom's e-Gov solutions enhance national security, and is a basic tool for prevention of crimes in general and identity theft specifically.\n\"This new additional $1m order, on top of another new $1m order announced just last month with this existing customer demonstrates how quickly revenue opportunities can manifest from the strong relationships we maintain with existing customers. This particular customer has been with SuperCom for many years, has renewed with us several times, and now granted us two new orders resembling growth and confidence in our relationship,\" commented Arie Trabelsi, President and CEO of SuperCom. \n\"Many of our solutions, including passport and visa identification as well as offender tracking and monitoring , are considered critical and essential to a country's on-ongoing operations. This robustness helped us wheather various macro-economic storms and shifts over the past 30 years. Our teams are highly motivated and agile enough to adjust to the evolving needs of our customers. We plan to continue to provide the same exceptional service they've come to expect, and in turn not just maintain, but also grow these high-margin recurring revenue streams in the future,\" concluded Arie Trabelsi.\nFor more information on these solutions visit www.supercom.com ...