Initial project term of 3 months, with potential extension
for up to 36 months
TEL AVIV, Israel, March 19, 2021 /PRNewswire/
-- SuperCom (NASDAQ: SPCB) ("SuperCom"), a global
provider of secured solutions for the e-Government, IoT and
Cybersecurity sectors, today announced that it has won a tender
with the Israeli government for lease of the Company's proprietary
PureHealth Coronavirus(COVID-19) Quarantine Compliance Solution,
including the PureCare smartphone and PureTag bracelet, as well as
complementary services including installation, training for users,
support, monitoring, and reporting.
This nationwide project is expected to commence next week, along
with contract signing, for an initial term of 3 months, with an
option to be extended for up to 36 months. The project is billed at
a per-unit per-day rate is expected to generate approximately
$3 million per month in recurring
revenues for SuperCom. However, revenue may increase or
decrease based on actual usage.
SuperCom formerly completed a successful pilot program in which
travelers arriving at Israel's
international airport were offered the opportunity to go on home
quarantine for 10-14 days with SuperCom's PureCare technology and
program. Following high demand – over 91% choosing to opt in for
the program – and traveler reported satisfaction, the Israeli
Ministry of Health expressed immediate demand for a bracelet-based
COVID-19 quarantine solution to support permitting Israel's international airports to open for
large numbers of travelers to enter the country on a daily
basis.
SuperCom won a government competitive bid process, after the
passage of a new law by Israel's
Parliament which sets the guidelines and regulations around
quarantine compliance with the help of stay-at-home compliance
technology.
"We are honored to receive the award by the Israeli government
for this large and important national project. This further affirms
our strategic approach to mitigating the spread of the coronavirus
without causing undue intrusion into daily life," commented
SuperCom's President and CEO, Ordan
Trabelsi. "As a global community, we continue to be faced
with the challenges of COVID-19 and the variants that are spreading
internationally. A solution for comfortable and effective
quarantine compliance can be a valuable tool for inhibiting the
transmission of this virus," Ordan continued.
"At SuperCom we strive to help governments around the world with
their challenges by offering outstanding services, technology
expertise and innovation. I would like to thank the great people at
SuperCom and our partner companies for their continued hard work
and efforts to make this all possible. SuperCom is prepared for the
rapid deployment of the Israeli COVID-19 quarantine compliance
project and we look forward to continue demonstrating to the world
how our large scale, non-invasive technology-driven solution can
help in the fight against COVID-19," concluded Ordan.
PureHealth is a non-intrusive patient friendly suite that
verifies people's location. The solution can operate with a mobile
phone standalone or with additional accessories as needed. In
addition to the PureCare smartphone and PureTag ankle bracelet,
SuperCom offers a web based SAAS system to manage the field based
devices and compliance with program defined rules. This
best-of-breed system includes a comprehensive set of innovative
features, including smart phone integration, secure communication,
advanced AI and security, anti-tamper mechanisms, fingerprint
biometrics, voice communication 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
or current facts. These forward-looking statements are subject to
risks and uncertainties that could cause our actual results to
differ materially from the statements made. Examples of these
statements include, but are not limited to, statements regarding
business and economic trends, the anticipated effects of the
COVID-19 outbreak on travel and physical locations, the levels of
consumer, business and economic confidence generally, the duration
of the COVID-19 outbreak and severity of such outbreak, the pace of
recovery following the COVID-19 outbreak, the effect on our supply
chain, our ability to implement cost containment and business
recovery strategies and resulting anticipated impact of such
outbreak on our business, financial condition and results of
operations; the adverse effects of the COVID-19 outbreak on our
business or the market price of our ordinary shares, and other
risks and uncertainties described in the forward looking statements
and in the section captioned "Risk Factors" in our Annual Report on
Form 20-F for the year ended December 31,
2019, filed with the U.S. Securities and Exchange Commission
(the "SEC") on November 27, 2020, our
reports on Form 6-K filed from time to time with the SEC and our
other filings with the SEC. Except as required by law, we not
undertake any 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
Tel: 1 212 466 4606
ordan@supercom.com
View original
content:http://www.prnewswire.com/news-releases/supercom-wins-covid-19-quarantine-compliance-project-with-the-israeli-government-valued-at-an-estimated-3-million-per-month-in-recurring-revenues-301250989.html
SOURCE SuperCom Ltd