New Contract with existing customer expected to be fulfilled
over the next 5 months
TEL
AVIV, Israel, May 16, 2024
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider
of secured solutions for the e-Government, IoT, and Cybersecurity
sectors, today announced that it had secured an additional
$1.8 million contract with a
long-standing customer of its e-Government division, continuing a
successful partnership that has been in place for over a
decade.
The contract is valued at $1.8
million. It is expected to start by end of May 2024 and to be fulfilled over the next 5
months.
"We are pleased to continue our partnership with a government
customer who has trusted our solutions for over a decade. This
contract not only signifies their satisfaction with our work but
also their confidence in SuperCom's ability to consistently deliver
high-quality products and services," commented Ordan Trabelsi, President & CEO of SuperCom.
"Our ability to secure more contracts of this magnitude with our
long-term customers demonstrates our competitive edge and
unwavering dedication to their success. This ongoing relationship
is a testament to our commitment to excellence and our ability to
meet the evolving needs of our clients across the globe."
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 security and safety, community public safety,
law enforcement, electronic monitoring, and domestic violence
prevention. For more information, please visit SuperCom's website,
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
or current facts. These forward-looking statements are subject to
risks and uncertainties that could cause our actual results to
differ materially from the statements made. Examples of these
statements include, but are not limited to, statements regarding
business and economic trends, the levels of consumer, business and
economic confidence generally, the adverse effects of these risks
on our business or the market price of our ordinary shares, and
other risks and uncertainties described in the forward looking
statements and in the section captioned "Risk Factors" in our
Annual Report on Form 20-F for the year ended December 31, 2023, filed with the U.S. Securities
and Exchange Commission (the "SEC") on April
22, 2024, our reports on Form 6-K filed from time to time
with the SEC and our other filings with the SEC. Except as required
by law, we do not undertake any 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 Investor Relations: ir@supercom.com
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SOURCE SuperCom