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SuperCom Ltd. (NASDAQ: SPCB) Continues Expansion of National Public Safety EM Contracts

  • Electronic monitoring (“EM”) technology developer SuperCom has developed a full range of best-in-class technology products and accompanying services to help criminal justice agencies reduce recidivism and incarceration costs while increasing rehabilitation potential for offenders
  • The company recently reported a new contract win, its seventh domestic violence EM project on a national level
  • In addition to national contract expansion throughout Europe, SuperCom has reported 20 new EM contracts throughout the United States
  • Market analysts have noted the growing call for EM products and services, with marked increased usage in North America, Latin America, and Europe in recent years, underscoring SuperCom’s continued growth

SuperCom (NASDAQ: SPCB), a company specializing in electronic monitoring (“EM”) technology to help public safety agencies reduce the incidence of repeated domestic violence (“DV”), is announcing a new EM contract win that expands its portfolio of national DV monitoring projects.

The use of EM technology as an alternative to incarceration has been increasing on a global scale since public safety agencies in the United States began working with it in the 1980s. Last year, market analysts at ResearchAndMarkets.com and Berg Insight both reported that the number of participants in EM programs reached about 518,000 in North America, 130,000 in Latin America, and 64,000 in Europe during 2023 (https://ibn.fm/dZEL2).

The analysts forecast the number of participants in these EM programs will increase to about 680,000 in North America, 239,000 in Latin America, and 94,000 in Europe by 2028, underscoring the rising pace of new participants as government officials seek the means for cutting prison system costs while continuing to ensure the safety of their communities.

Overall, Berg reported that by the end of 2023, nearly 1.4 million people had participated in an EM supervision program, with nearly two-thirds of them in the United States (https://ibn.fm/BR3VF). SuperCom’s latest contract brings its current list of national EM of DV projects to seven, including announced services for the state police of Latvia (https://ibn.fm/eDQds) and Romania’s Ministry of Interior (https://ibn.fm/S7O7k).

The company noted it is outpacing its competitors with its expansion and is demonstrating its reputation as a leader in providing DV monitoring solutions. In addition to its large ongoing European expansion, SuperCom has signed 20 new contracts for technological solutions throughout the United States since last August, including services in six states where SuperCom’s products are being used for the first time (https://ibn.fm/VpDhJ).

The company also notes the technology’s potential for reducing recidivism (repeated offenses) by helping suspects and convicted offenders who qualify for EM monitoring to return to everyday work, school, and home activities while wearing a tech device that is discreet and easily recharged.

“We are pleased to see another national government choose our DV advanced electronic monitoring solutions, demonstrating the strong trust governments place in our technology and their satisfaction with its effectiveness,” SuperCom President and CEO Ordan Trabelsi stated in the company’s most recent announcement. “SuperCom continues to strengthen its position as a trusted partner for government agencies seeking effective, scalable solutions for public safety. With each new deployment, we help authorities enhance victim protection and offender compliance, driving real impact in communities.”

SuperCom uses both radio frequency (“RF”) and GPS, the dominant technologies in the EM market, to provide at-home and on-the-street supervision of offenders by the criminal justice system, which is suited to clients’ needs.

The company’s advanced PureTrack GPS platform includes branded technology elements such as the wearable bracelets PureOne (GPS) and the PureTag (RFID), the home base station PureCom, and the PureProtect mobile app.

SuperCom has a track record of more than 50 government clients served, monitoring more than 100,000 individuals.

For more information, visit the company’s website at www.SuperCom.com.

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

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