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.
The 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.
"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.
"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.
About SuperCom
Since 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.
SuperCom's website is http://www.supercom.com.
About Leaders in Community Alternatives, Inc.
(LCA)
LCA is one of California's
leading private criminal justice organizations, providing
community-based services and electronic monitoring programs to
government agencies for more than 28 years. LCA's treatment
services are evidence-based and built on best practices designed to
break the cycle of recidivism. LCA offers a holistic approach with
programs addressing cognitive and behavioral issues and alcohol and
substance abuse. Geared towards individuals involved in cases with
criminal and family courts, LCA offers proven solutions for
governmental institutions across California in addressing realignment
strategies and plans.
LCA's website: http://www.lcaservices.com
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Statements preceded or followed by or that otherwise
include the words "believes", "expects", "anticipates", "intends",
"projects", "estimates", "plans", and similar expressions or future
or conditional verbs such as "will", "should", "would", "may" and
"could" are generally forward-looking in nature and not historical
facts. Forward-looking statements in this release also include
statements about business and economic trends. Investors should
also consider the areas of risk described under the heading
"Forward Looking Statements" and those factors captioned as "Risk
Factors" in the Company's periodic reports under the Securities
Exchange Act of 1934, as amended, or in connection with any
forward-looking statements that may be made by the Company. These
statements are subject to known and unknown risks, uncertainties
and other factors that may cause actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements arising from the annual audit by
management and the Company's independent auditors. The Company
undertakes no obligation to update or revise these forward-looking
statements, whether as a result of new information, future events
or otherwise, after the date of this press release.
SuperCom Corporate Contact:
Ordan Trabelsi, President Americas
Tel: +1-212-675-4606
ordan@supercom.com
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SOURCE SuperCom Ltd