SuperCom Wins the National Electronic Monitoring Contract in Bulgaria
SuperCom's PureSecurity Electronic Monitoring Suite to Expand into Another New European Country
HERZLIYA, Israel, November 14, 2017 /PRNewswire/ --
SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-government, public safety, healthcare, and finance sectors was selected by the national government of Bulgaria to deploy its PureSecurity Electronic Monitoring Suite, a solution aimed at increasing public safety, reducing prison overcrowding and lowering recidivism by tracking and monitoring public offenders.
The comprehensive nationwide program, set to include all electronic monitoring (EM) offender programs within the country, is expected to initially monitor 250 enrollees simultaneously. According to the terms of the award, SuperCom will deploy its PureSecurity electronic monitoring solution, which will include home detention and GPS tracking of offenders.
The award was won through a formal bid process including 2 other major industry players. . The contract's budget consists mainly of costs for purchasing the EM system and equipment, as well as support and maintenance. SuperCom expects to deploy the initial order and start generating revenues within 10 months of the contract signing.
"This national program award with Bulgaria marks the expansion of our proprietary EM technology into both a new European country as well as a region where we see significant near- and long-term opportunities for our leading technologies. In addition to this key win, we are also actively bidding for large-scale EM projects in the Europe and the US," said company President and CEO Arie Trabelsi.
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 http://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
[email protected]
SOURCE SuperCom
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