TEL AVIV, Israel, 29 August 2024 /PRNewswire/ — SuperCom (NASDAQ: SPCB), a global provider of secure e-government, IoT and cybersecurity solutions, today announced that it has successfully signed a new contract with a leading Baltimore-based service provider in MarylandThe contract, which is June 2024is expected to generate annual recurring revenue (ARR) of approximately 250,000 US dollars.

Through this new partnership, SuperCom has deployed its advanced GPS technology along with its 24/7 monitoring services. These solutions are designed to significantly improve the service provider’s ability to effectively monitor and manage offenders and ensure continuous and reliable monitoring.

“We are very pleased to expand our presence in Maryland Through this partnership with a well-known Baltimore-based service provider. Our GPS technology and 24/7 monitoring services are perfectly aligned with the needs of their customers and operations, providing robust and reliable solutions to support their mission. This contract not only strengthens our presence in the US market, but also reaffirms our commitment to delivering best-in-class technology and services that enable our partners and customers to achieve their goals,” commented Ordan TrabelsiPresident and CEO of SuperCom.

“Over the past year, SuperCom has successfully expanded into new territories, North Americaestablishing a strong presence in key markets. This growth reflects our continued commitment to providing innovative solutions that meet the evolving needs of our customers. Our entry into Maryland is another important milestone in our North American expansion strategy and we are excited about the opportunities it brings,” Ordan Trabelsi completed.

About SuperCom

Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced security, identification and protection solutions to governments and organizations, both private and public, worldwide. With its proprietary e-government platforms and innovative solutions for traditional and biometric enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national authorities to develop and issue secure multi-ID documents and robust digital identity solutions for their citizens and visitors. SuperCom offers a unique, field-proven RFID and mobile technology and product suite in one, accompanied by advanced complementary services for various industries including health and home care, security and protection, public safety, law enforcement, electronic monitoring and domestic violence prevention. For more information, visit SuperCom’s website: 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, followed by or otherwise containing the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “could” and “might” generally are forward-looking statements and do not represent historical or current facts. These forward-looking statements are subject to risks and uncertainties that could cause our actual results to differ materially from those expressed in the statements. Examples of such statements include, but are not limited to, statements regarding business and economic trends, the level of consumer, business and economic confidence generally, the adverse impact of these risks on our business or the market price of our common stock, and other risks and uncertainties described in the forward-looking statements and in the “Risk Factors” section of our Annual Report on Form 20-F for the year ended December 31, 2017. December 31, 2023filed with the U.S. Securities and Exchange Commission (SEC) on 22 April 2024our 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 undertake 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 Investor Relations:
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Source: SuperCom