SuperCom Launches $33 Million Nationwide Digital Monitoring Challenge in Romania

Preliminary Order supply of over $7 million and Home Violence Monitoring Program Go-Stay is anticipated by October 1st, 2022

TEL AVIV, Israel, Sept. 12, 2022 /PRNewswire/ — SuperCom (NASDAQ: SPCB), a worldwide supplier of secured options for the e-Authorities, IoT, and Cybersecurity sectors, is happy to announce that, along with its native companion, it has executed the contract and launched the over $33 million undertaking with Romania’s Ministry of Inside, following the award introduced on August 24th. The undertaking will embrace the deployment of SuperCom’s PureSecurity Digital Monitoring (EM) Suite for Home Violence monitoring, GPS Monitoring of offenders, and a house detention monitoring program.

SuperCom’s PureSecurity Suite is a best-of-breed digital monitoring and monitoring platform with a complete set of modern options, together with superior anti-tamper mechanisms, multi-factor biometrics, the most recent location applied sciences and sensors, virtually limitless historic information, seamless 3rd celebration API integration, and an ultra-lightweight ankle-bracelet with proprietary vitality effectivity algorithms.

That is Romania’s first EM undertaking, linking it with a protracted record of countries selecting SuperCom’s EM options and additional increasing SuperCom’s footprint into an extra nation within the EU. The nationwide program is anticipated to embody all EM offender applications throughout the nation, as much as 15,000 enrollees concurrently, and embrace a singular integration of a number of offender monitoring sub-programs.

The awarded worth of the contract primarily based on the federal government’s inside budgeting is over $33 million. The price range is predicated primarily on monitoring software program, EM merchandise, and complimentary companies unfold over 4 years, plus an extra three years of continued companies. Preliminary Order supply of over $7 million is anticipated by October 1st, 2022.

“We’re excited with the execution of this contract; it additional validates our technique to scale up operations to speed up development and enhance public security in additional nations worldwide. We look ahead to supporting Romania’s public security efforts and bringing them the numerous advantages of SuperCom’s proprietary EM know-how. It’s an honor to participate on this nationwide initiative by constructing the mandatory infrastructure and deploying Romania’s first EM program,” commented Ordan Trabelsi, President & CEO of SuperCom.

“This aggressive tender course of that simply concluded is the primary of a number of tenders for large-scale nationwide European EM initiatives anticipated to be concluded in 2022 and 2023, with a complete estimated worth of over $200 million. With this significant win and contract execution, SuperCom is as soon as once more signaling, after greater than 10 different latest nationwide European EM undertaking wins, the prevalence of its worth providing within the European EM area. We consider our rising repute as a number one international EM resolution supplier will drive extra wins sooner or later,” concluded Mr. Trabelsi.

This contract execution follows the award introduced on August 24th, which was gained by a proper bid course of, with over 8 worldwide firms collaborating within the bidding course of. The method included a number of rounds of negotiations and a number of other demonstrations and system assessments by the contracting authority.

About SuperCom

Since 1988, SuperCom has been a worldwide supplier of conventional and digital identification options, offering superior security, identification, and safety options to governments and organizations, each personal and public, all through the world. By way of its proprietary e-Authorities platforms and modern options for conventional and biometrics enrollment, personalization, issuance and border management companies, SuperCom has impressed governments and nationwide companies to design and situation safe Multi-ID paperwork and strong digital identification options to its residents and guests. SuperCom gives a singular all-in-one field-proven RFID & cell know-how and product suite, accompanied by superior complementary companies for varied industries together with healthcare and homecare, safety and security, neighborhood public security, regulation enforcement, digital monitoring, livestock monitoring, and constructing and entry automation. For extra info, please go to SuperCom’s web site, www.supercom.com 

Cautionary Observe Relating to Ahead-Wanting Statements

This press launch comprises forward-looking statements throughout the that means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Trade Act of 1934, as amended. Statements preceded or adopted by or that in any other case embrace the phrases “believes”, “expects”, “anticipates”, “intends”, “initiatives”, “estimates”, “plans”, and related expressions or future or conditional verbs akin to “will”, “ought to”, “would”, “might” and “may” are typically forward-looking in nature and never historic or present information. These forward-looking statements are topic to dangers and uncertainties that might trigger our precise outcomes to vary materially from the statements made. Examples of those statements embrace, however should not restricted to, statements relating to enterprise and financial developments, the anticipated results of the COVID-19 outbreak on journey and bodily places, the ranges of client, enterprise and financial confidence typically, the length of the COVID-19 outbreak and severity of such outbreak, the tempo of restoration following the COVID-19 outbreak, standing of contractual awards and associated commitments and contingencies, the impact on our provide chain, our capacity to implement value containment and enterprise restoration methods and ensuing anticipated influence of such outbreak on our enterprise, monetary situation and outcomes of operations, the antagonistic results of the COVID-19 outbreak on our enterprise or the market value of our abnormal shares, and different dangers and uncertainties described in the ahead wanting statements and within the part captioned “Danger Components” in our Annual Report on Type 20-F for the yr ended December 31, 2021, filed with the U.S. Securities and Trade Fee (the “SEC”) on April 4, 2022, our reviews on Type 6-Ok filed now and again with the SEC and our different filings with the SEC. Besides as required by regulation, we not undertake any obligation to replace or revise these forward-looking statements, whether or not on account of new info, future occasions or in any other case, after the date of this press launch.

SuperCom Investor Relations:

[email protected]

Kirin Smith
PCG Advisory
[email protected]

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SOURCE SuperCom Ltd.

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