HERZLIYA, Israel, March 14, 2017 /PRNewswire/ --
SuperCom (NASDAQ: SPCB), a leading provider of secure solutions for the e-Government, Public Safety, HealthCare, and
Finance sectors, announced today that it has been awarded a new contract representing more than $3
million in value.
SuperCom will provide various core elements of its flexible electronic-ID solutions, with potential for additional follow-on
orders in the future as is commonly realized with these types of solutions. SuperCom expects full revenue from this contract to
be recognized by august 2017.
Arie Trabelsi, President and CEO of SuperCom, commented, "These types of contracts represent
the continuation of a mutually productive long-term relationship with our customers, and as the needs of our customers evolve, we
expect additional orders in the future."
About SuperCom
Since 1988, SuperCom has been a leading 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 secured Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers advanced,
secure mobile payments ranging from mobile wallet to mobile POS, using a set of components and platforms to enable secure mobile
payments and financial services. SuperCom is a global provider of a unique all-in-one field-proven RFID & mobile PureSecurity
advanced solutions 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: http://www.supercom.com
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 facts. Forward-looking statements in this release also include statements about contracts and bid wins
, business and economic trends. Investors should also consider the areas of risk described under the heading "Forward
Looking Statements" and those factors captioned as "Risk Factors" in the Company ' s periodic reports under the
Securities Exchange Act of 1934, as amended, or in connection with any forward-looking statements that may be made by the
Company. These statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results,
performance or achievements to be materially different from any future results, performance or achievements expressed or implied
by such forward-looking statements arising
from the annual audit by management and the Company ' s independent auditors. The Company undertakes 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.
Company Contact:
Ordan Trabelsi, President, Americas
Tel: +1-212-675-4606
ordan@supercom.com
SOURCE SuperCom