Major defense and government security organizations have
purchased renewals for over 50,000 licenses cumulatively with an
option for expansion
TEL
AVIV, Israel, Nov. 30,
2022 /PRNewswire/ -- SuperCom (NASDAQ:
SPCB), a global provider of secured solutions for the
e-Government, IoT, and Cybersecurity sectors, announced today that
a fully-owned subsidiary in its cyber security division, Safend, a
data protection and cybersecurity company, received orders totaling
approximately $600,000. These orders
represent license fees for additional seat expansion and recurring
maintenance fees for over 50,000 seats.
Safend provides government agencies and enterprise organizations
a broad range of competitive and well-known encryption and data
protection solutions. These programs are expected to include
end-point machines and integration with existing government
infrastructure and systems.
"Many major governmental organizations have access to the best
cyber security technologies in the world. We see their repeated
choice of Safend as further confirmation of the high quality of our
services and solutions. We are honored to assist them in expanding
their end-point security measures by utilizing our technology and
frameworks supporting unique requirements," commented Ordan Trabelsi, SuperCom's President and
CEO.
"Most of these customers renew their contract year after year,
for over a decade in some cases, attesting to the confidence large
governmental and enterprise organizations have in Safend's
industry-leading solutions, when looking to protect some of their
most vital infrastructures. It is even more rewarding when these
customers expand their contracts by adding new seats, which we see
often, and thus growing our relationship with them even further
over the years, " Ordan Trablesi concluded.
Safend's Data Protection Suite modules included in the orders
are the Safend Protector and Safend Encryptor, as well as AVScan
Integration.
Safend Protector controls endpoint devices and data
flow by automatically detecting, permitting, restricting files, and
encrypting external media devices. Safend Protector is
intuitive and complies with major international standards.
Providing transparent full-disc data encryption, Safend
Encryptor offers at-a-click company-wide data security.
Requiring negligible IT maintenance, Safend Encryptor
balances employee productivity with computer performance without
interfering with daily activities.
About Safend
Safend is a leading developer of information security solutions
for organizations that provide extensive protection of sensitive
corporate information found in the organization's computers.
Safend's product suite includes encryption of computer drives,
removable storage devices, and CD / DVD precise control over the
physical and wireless ports and devices connected to them and
control and supervision of the placement and transfer of sensitive
content. These capabilities enable customers of Safend to comply
with regulatory mandates and to protect their corporate data
without sacrificing the efficiency and productivity of the
organization. Safend has sold more than 3 million licenses for its
products to over 3,000 customers worldwide. The company's solutions
are embedded in international companies, government agencies, and
many other organizations worldwide. For more information on Safend
and its products: http://www.safend.net
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, worldwide. 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
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.
SuperCom Investor Relations:
ir@supercom.com
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SOURCE SuperCom Ltd.