Business
SuperCom Secures New Contract in Maryland with Baltimore-Based Service Provider
TEL AVIV, Israel, Aug. 29, 2024 /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, Aug. 29, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has successfully secured a new contract with a leading Baltimore-based service provider in Maryland. The contract, which was launched in June 2024, is estimated to generate an annual recurring revenue (ARR) of approximately $250,000.\n\n \nThrough this new partnership, SuperCom has deployed its advanced GPS technology, along with its 24/7 monitoring center services. These solutions are designed to significantly enhance the service provider's ability to monitor and manage offenders effectively, ensuring continuous and reliable oversight.\n\"We are thrilled to expand our presence into Maryland through this partnership with a prominent Baltimore-based service provider. Our GPS technology and 24/7 monitoring center services are perfectly aligned to meet the needs of their clients and operations, providing robust and reliable solutions to support their mission. This contract not only strengthens our footprint in the U.S. market but also reaffirms our commitment to delivering top-tier technology and services that empower our partners and clients to achieve their goals,\" commented Ordan Trabelsi, President and CEO of SuperCom.\n\"Over the past year, SuperCom has successfully expanded into new territories across North America, establishing a strong presence in key markets. This growth reflects our ongoing dedication to providing innovative solutions that meet the evolving needs of our customers. Our entry into Maryland is another important milestone in our North American expansion strategy, and we are excited about the opportunities it brings,\" Ordan Trabelsi concluded.\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, worldwide. 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. S...