Marks SuperCom's third national electronic monitoring project in
Sweden and its fifth national
project in the Nordic countries.
TEL
AVIV, Israel, May 17, 2022
SuperCom (NASDAQ: SPCB), a global provider of secure solutions
for the e-Government, IoT, and Cybersecurity sectors, has secured a
contract with the Swedish National Board of Institutional Care for
a full-scale high-security Juvenile electronic monitoring project
in the country. SuperCom won this project while offering brand new
capabilities and features as part of the PureSecurity Electronic
Monitoring (EM) Suite planned to be deployed. This project marks
SuperCom's third national electronic monitoring project in
Sweden and its fifth national
project in the Nordic countries.
Through its innovative and proven technology and services,
SuperCom aims to support the Swedish government's efforts to
improve public safety efficacy, reduce prison overcrowding, and
lower recidivism. The project will include the PureSecurity GPS
monitoring solution, providing continuous tracking of offenders in
the indoor and outdoor areas. The project is set to cover all EM
Juvenile offender programs within Sweden for a duration of up to four years.
The award was won through a formal competitive bid process
against other EM vendors with a strong presence in the EU. SuperCom
expects to deploy the initial order and generate revenues shortly
after the project launch, which is expected in the second half of
2022.
"We are pleased to have secured this contract. Once again,
outscoring any other player in this competitive tender. This
project is the third national electronic monitoring program in
Sweden and follows a successful
ongoing project with Sweden Probation and Police agencies. This
third national contract signals the validation of our solution,
service, and customer satisfaction. Sweden is a known pioneer in adopting
innovative EM solutions in Europe,
and its choice in SuperCom has become self-evident. We are honored
to support countries in taking advantage of the numerous benefits
of electronic monitoring programs and supporting their
activities. We see the increasing number of European countries
adopting our EM technology and services as a clear display of trust
and validation of the quality of our products," commented
Ordan Trabelsi, SuperCom's President
and CEO.
"Many countries that are opting for our EM technology are among
the most advanced and evolved EM countries in the world, practicing
a modernized and effective approach towards alternatives to
incarceration and emphasizing offenders' successful re-entry into
society. We believe our rapid expansion and growing brand
recognition in Europe and the U.S.
ideally position us to capitalize on a valuable pipeline of EM
project opportunities worldwide. And we expect to win more projects
in the coming future," Ordan concluded.
SuperCom's PureSecurity Suite is a best-of-breed electronic
monitoring and tracking platform which contains a comprehensive set
of innovative features, including smartphone 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 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, 2021, filed with the U.S.
Securities and Exchange Commission (the "SEC") on April 4, 2022, 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.
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SuperCom Investor Relations:
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SOURCE SuperCom Ltd.