NEW YORK, April 1, 2020 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, Public Safety, HealthCare, and Finance sectors announced today that a new government agency in Canada has adopted SuperCom's PureSecurity Offender Tracking Suite. This continues SuperCom's positive momentum in new projects to provide its advanced people Electronic Monitoring and Tracking solutions in North America and internationally.
This deployment has been executed via a partnership with a leading Canada-based provider of offender tracking electronic monitoring solutions with over 25 years of experience, spanning across correctional, pre-trial, police and immigration agencies. The project is billed at a per-unit daily rate for the use of the PureSecurity suite and generates steady-state recurring revenues accordingly.
"It is rewarding to see continued adoption of the PureSecurity Suite of products and services for tracking and monitoring," said Ordan Trabelsi, President of the Americas. "Upon our first deployment into a new country or region, we make an initial investment which typically generates good returns from years of steady recurring revenue and new additional projects with other potential customers in the region. This is an example of that here in Canada and a testament to the continued value we provide our government customers," commented Ordan.
SuperCom's PureSecurity Suite is a best-of-breed electronic monitoring and tracking platform which contains a comprehensive set of innovative features, including smart phone integration, secure communication, advanced security, anti-tamper mechanisms, fingerprint biometrics, voice communication, unique touch screens and extended battery life.
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, 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 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. For more information, visit 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 facts. Forward-looking statements in this release also include statements about 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.
SuperCom Corporate Contact:
Ordan Trabelsi
President Americas
Tel: 1 212 675 4606
ordan@supercom.com
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SOURCE SuperCom Ltd