SuperCom Ltd. (NASDAQ: SPCB) Expands its Project Portfolio with New Canada Project; Reinforces its Position as a Leader in the Electronic Monitoring Industry

  • SuperCom, a global provider of digital identity and electronic monitoring (“EM”) solutions, just announced a new project in the tracking sector with a renowned Canadian industry partner
  • The initial phase of the project is set to launch in the first quarter of the 2024 calendar year, with significant potential for expansion in both scale and scope
  • The project will include the transition from RF-based tracking technology to new GPS tech using SuperCom’s PureOne devices

SuperCom (NASDAQ: SPCB), a global leading provider of digital identity and electronic monitoring solutions and services to governments and institutions, just announced a new project with a renowned Canadian industry partner in the tracking solutions sector. This marks an impressive start to the new year and a healthy addition to SuperCom’s current client and project portfolio, comprising governments and notable institutions in over 10 countries (https://ibn.fm/pmZRq).

The new project comes in the wake of the growing realization that offender monitoring solutions reduce recidivism among offenders. In a study conducted by Jenny Williams and Don Weatherburn, it was established that electronic monitoring for offenders was associated with a 25% reduction in the likelihood of reoffending compared to serving time in prison. This is significant, especially since the average rate of reoffending within 24 months of free time is 58% for those who serve a prison sentence (https://ibn.fm/ScXzE).

SuperCom has been bullish on its electronic offender monitoring solutions. Having been keen on developing and improving it over the years, the Finnish government has adopted it, with positive results achieved from its usage. In addition, it has seen the products distributed in the U.S. market, an indicator of the growing demand and the overall value they offer. This new project in Canada marks a new chapter in the company’s long-standing collaboration with this partner. It will see the transition from successful collaboration for providing RF-based tracking technology to embracing new GPS technologies using SuperCom’s state-of-the-art PureOne devices.

“We’re excited about this new project in Canada,” noted Ordan Trabelsi, CEO and President of SuperCom. “This project not only strengthens our relationship with a valued partner but also highlights our commitment to innovation and adapting to market needs,” he added.

The project’s initial phase is set to launch in the first quarter of the 2024 calendar year, with significant potential for expansion in both scale and scope. For SuperCom, this collaboration is a testament to its enduring partnerships and capacity for future growth. It is also a testament to its ability to adapt to the evolving needs of its clients.

“We are proud to see the trust and confidence our partner has placed in us and our innovative tracking solutions,” noted Mr. Trabelsi. “This project exemplifies our dedication to delivering cutting-edge technology and reinforces our position as a leader in the electronic monitoring industry,” he concluded.

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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