TEL AVIV, Israel, June 4, 2020 /PRNewswire/ -- SuperCom
(NASDAQ: SPCB), a global provider of secure solutions for the
e-government, public safety, healthcare, and finance sectors,
announced today it was awarded a new 5-year contract with the
national government of Latvia to
deploy its enhanced PureSecurity Electronic Monitoring (EM) Suite,
including both RF House Arrest and GPS tracking.
The nationwide program with the Ministry of Justice is set to
cover all cases nationwide requiring electronic monitoring of
offenders using both RF House Arrest and GPS Tracking solutions.
SuperCom will deploy its enhanced PureSecurity product suite
introducing many enhancements and new capabilities which have been
developed over the past years.
The award was won through a formal government-led bid process,
including three companies, in which SuperCom was awarded the
highest number of points for the quality portion of the RFP,
including technology and solution, in addition to the overall
highest score. The project will be billed at a monthly lease rate
and is expected to start generating steady-state recurring revenues
within a few months from project launch.
This award will go through the customary standstill waiting
period before contract signing is approved and the project is
launched. Further information is expected to be provided in
subsequent announcements.
"We are pleased to announce yet another win in Europe for our EM business after a 5-year-long
successful EM program which we have deployed and serviced in this
country. In the previous program, the Latvian Probation Services
was pioneering EM in the country, and we were honored to assist
them in implementing this new technology and framework for their
nation. We are happy to be awarded again and launch another 5-year
project, with a broader set of technical capabilities. This
emphasizes the increasing needs for outstanding technology in this
industry as well as the continued confidence existing customers
have in our solutions, " said company President and CEO
Arie Trabelsi.
"This selection is another signal that more and more EM
countries, both in Europe and
throughout the developed world are turning to SuperCom's technology
to support their public safety efforts. This also reflects a
greater overall shift to a more modernized, effective approach
towards alternatives to incarceration and an emphasis on offenders'
successful re-entry into society, " concluded Arie Trabelsi.
SuperCom's PureSecurity Suite is a best-of-breed electronic
monitoring and tracking platform, which contains a comprehensive
set of innovative features, including smart phone integration,
secure communication, advanced security, anti-tamper mechanisms,
fingerprint biometrics, voice communication, unique touch screens
and extended battery life.
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. For more
information, visit www.supercom.com.
Cautionary Note Regarding Forward-Looking
Statements
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