SuperCom to Showcase Mobile Payments Solutions Suite at Mobile World Congress 2016

Advanced Solutions Suite Offers Secure Payments Anywhere, With Any Device

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Feb 11, 2016, 09:00 ET

HERZLIYA, Israel, February 11, 2016 /PRNewswire/ --

SuperCom (NASDAQ: SPCB), a global provider of secured solutions for e-Government, Public Safety, HealthCare, and Finance sectors announced today it will showcase its SuperPay suite of secure mobile payments solutions at the Mobile World Congress on February 22^th - 25^th in Barcelona. The 2016 Mobile World Congress will convene industry leaders, visionaries and innovators to explore the trends that will shape the mobile industry in the years ahead. SuperCom's booth will be located in Hall 5 at Stand 5E81.

Recently, the Company announced signing an MOU with large Mobile operators in Africa and Latin America, where SuperCom and the Mobile Operator expressed their desire to cooperate in implementing an advanced secure mobile wallet solution to be used by existing subscribers with any mobile device and to deploy matching mobile POS technology through the operator's agent network. The solution is intended to provide a range of services such as cash deposits and withdrawals, money transfer, bill payments, account top ups, in-store and on-line payments and more. The business model is based on revenue sharing between the Mobile Network Operator and SuperCom.

SuperPay^TM is SuperCom's secure mobile payment hybrid suite which brings a new level of secured network agnostic mobile payment transaction capabilities. Designed specifically as a flexible end-to-end mobile payment solution, the SuperPay suite is a secure and effective customizable answer for governments, MNO, banks, retailers and financial services providers. Our technology platform, also targeting unbanked populations provides services like depositing, withdrawing and transferring funds, and paying for goods and bills on any mobile phone.

SuperPay's monetary transactions are processed over a tightly-secured closed / open-loop protective layer, supporting multiple payment methods such as mobile-money, credit /debit cards and bank accounts, employing an array of technologies - such as biometric authentication, IVR, audio and NFC.

The SuperPay Suite includes:

SuperWallet: a mobile application which provides a wide range of secure mobile financial services for any mobile device
SafeMoney: for safeguarding against device and network-based threats
SuperGateWay: a fully customized payments processing gateway platform
PayGuard: secured one-click ecommerce payments with multi-level authentication
SuperPOS: a solution deployable on your current POS or tablet which allows merchants to use any smartphone or tablet device as a secure mobile payments Point Of Sale(POS)

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, PureLock and PureHealth advanced solutions suite, accompanied by advanced complementary Cyber Security services, solutions and technologies for various industries, including Government, Public Safety, HealthCare, and Finance sectors.

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, 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. 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:
Rob Fink
Hayden IR
+1(646)-536-7331 / +1(646)-415-8972
[email protected]

Company Contact:
Ordan Trabelsi, President, Americas
Tel: 1-212-675-4606
[email protected]

SOURCE SuperCom