SuperCom Launches $33 Million National Electronic Monitoring Project in Romania
Initial Order delivery of over $7 million and Domestic Violence Monitoring Program Go-Live is expected by October 1st, 2022
TEL AVIV, Israel, Sept. 12, 2022 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce that, together with its local partner, it has executed the contract and launched the over $33 million project with Romania's Ministry of Interior, following the award announced on August 24th. The project will include the deployment of SuperCom's PureSecurity Electronic Monitoring (EM) Suite for Domestic Violence monitoring, GPS Tracking of offenders, and a home detention monitoring program.
SuperCom's PureSecurity Suite is a best-of-breed electronic monitoring and tracking platform with a comprehensive set of innovative features, including advanced anti-tamper mechanisms, multi-factor biometrics, the newest location technologies and sensors, practically limitless historic data, seamless 3rd party API integration, and an ultra-lightweight ankle-bracelet with proprietary energy efficiency algorithms.
This is Romania's first EM project, linking it with a long list of nations choosing SuperCom's EM solutions and further expanding SuperCom's footprint into an additional country in the EU. The nationwide program is expected to encompass all EM offender programs within the country, up to 15,000 enrollees simultaneously, and include a unique integration of multiple offender tracking sub-programs.
The awarded value of the contract based on the government's internal budgeting is over $33 million. The budget is based mainly on monitoring software, EM products, and complimentary services spread over four years, plus an additional three years of continued services. Initial Order delivery of over $7 million is expected by October 1st, 2022.
"We are excited with the execution of this contract; it further validates our strategy to scale up operations to accelerate growth and improve public safety in more nations worldwide. We look forward to supporting Romania's public safety efforts and bringing them the many benefits of SuperCom's proprietary EM technology. It is an honor to take part in this national initiative by building the necessary infrastructure and deploying Romania's first EM program," commented Ordan Trabelsi, President & CEO of SuperCom.
"This competitive tender process that just concluded is the first of several tenders for large-scale national European EM projects expected to be concluded in 2022 and 2023, with a total estimated value of over $200 million. With this meaningful win and contract execution, SuperCom is once again signaling, after more than 10 other recent national European EM project wins, the superiority of its value offering in the European EM space. We believe our growing reputation as a leading global EM solution provider will drive additional wins in the future," concluded Mr. Trabelsi.
This contract execution follows the award announced on August 24th, which was won through a formal bid process, with over 8 international companies participating in the bidding process. The process included several rounds of negotiations and several demonstrations and system tests by the contracting authority.
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, please visit SuperCom's website, www.supercom.com
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SuperCom Investor Relations:
Kirin Smith
PCG Advisory
[email protected]
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SOURCE SuperCom Ltd.
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