Business
SuperCom Subsidiary LCA Wins New Project in the California Central Valley Valued at up to $3.8 Million
NEW YORK, March 18, 2020 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IOT and Cybersecurity sectors
About this update from Supercom, Ltd.
[{"type":"text","content":"NEW YORK, March 18, 2020 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IOT and Cybersecurity sectors announced today that its subsidiary, Leaders in Community Alternatives (LCA), has won a new project with a California Central Valley county to provide employment and anger management services, valued at up to $3.8 million. The project delivers services to adults with a focus on workforce services, employment readiness, and anger management to reduce recidivism. \nThe award is a result of winning a formal competitive bid process administered by the county. This new contract is valued at up to $3.8 million over a 5-year period, consisting of a 2-year initial term with three optional one-year extensions and is expected to generate annual recurring revenues in excess of $750 thousand. The project is expected to commence in July of 2020.\n\"This award is a testament to LCA's decades of experience and successful track record working with local law enforcement and public safety agencies with the goal of reducing recidivism, providing treatment and services, improving outcomes and changing lives,\" commented Ordan Trabelsi, President of SuperCom Americas.\n\"We look forward to continuing to provide our proprietary technology and services to create value for our government customers and the communities they serve,\" 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, 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 i...