SuperCom to Implement Biometric Visa, e-Passport, and e-Gate National Security Systems
Will increase the country's national security while stimulating its economic growth
HERZLIYA, Israel and NEW YORK, October 13, 2014 /PRNewswire/ --
SuperCom (NASDAQ: SPCB), a leading provider of Electronic Intelligence Solutions for e-Government, Public Safety and HealthCare, announced today the implementation of a high-scale National Security e-Government contract for a country with a fast-growing economy.
The contract consists of several modules connected to each other:
- Biometric Visa: A decentralized array of biometric enrollment Visa systems in embassies around the world, which will significantly decrease the processing time to issue a Visa to only a few hours. This will create an impactful increase in the amount of foreign expertise and knowledge flowing into the country while identifying and eliminating security threats to the country, a double layered boost to the country's economy.
- Biometric e-Gate for Border control: An enhanced system at all the country's entry/exit points, Air, Sea and Land, increasing the national security at the immigration control while improving efficiency in both time and cost.
- Biometric e-Passport System: Biometric enrollment stations combined with a central issuance line of high security e-Passports in compliance with the highest international standard, ICAO.
- Biometric Resident Identification System: Biometric enrollment stations combined with a central issuance line of a high security Resident ID cards in compliance with the international standards of ICAO.
According to current analyst reports, the applicable market for border control e-Gates systems alone is projected to continue growing at a rate of 20% per year to over $750M by 2018, and the national e-ID global revenue is projected to reach $11B by 2016.
"With heightened global security needs and ongoing demand to maintain strong economic growth, nations around the world are looking for partners to help them tighten control while enabling high information flow to and from the global economy. This is not an easy endeavor, and we are always pleased to see another nation lay immense trust in us and our full turn-key solution, which we have successfully deployed in many other countries in the past," commented Mr. Arie Trabelsi, President and CEO of SuperCom.
"We remain very confident as we see growing demand for national security solutions for Biometric Visa, e-ID, e-Passport and e-Gate, and I am very proud of our team as it continues to effectively outperform our business plan," concluded Mr. Trabelsi.
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 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.
SuperCom's website is 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 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.
Investor Relations Contacts:
Matthew Selinger
MZ Group
Tel: +1-949-298-4319
[email protected]
Company Contact:
Ordan Trabelsi, President North America
Tel: +1-212-675-4606
[email protected]
SOURCE SuperCom Ltd
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