SuperCom Wins New Project in Northern California Valued at up to $4.25 million

SuperCom Wins New Project in Northern California Valued at up to .25 million

The undertaking is anticipated to increase annual recurring income of approx $850,000 and Provide a platform to ship a full vary of companies to the county

NEW YORK, November 28, 2022 /PRNewswire/ — SuperCom (NASDAQ: SPCB), a world supplier of safe options for the e-Government, IoT and Cybersecurity sectors, introduced right this moment that its wholly-owned subsidiary, Leaders in Community Alternatives (LCA), has received a brand new undertaking contract with a Northern California District to present re-entry companies for adults. LCA has offered companies to this county for a few years, together with grownup day reporting companies and digital monitoring.

This new undertaking, which expands the scope of re-entry companies from some community-based websites to now additionally embrace prison-based websites, is estimated to 4.25 million {dollars} over 5 years, or thereabouts $850,000 assessed yearly, consisting of an preliminary 3-year time period with two non-obligatory one-year extensions. The contract focuses on reentry companies, together with case administration, substance abuse training, job readiness and criminogenic threat discount. The launch of the undertaking and the era of periodic revenue is anticipated to start in the primary half of 2023.

“Winning another project in this county, where LCA has been serving since 2012, is a testament to the inherent value of our unique offerings and the quality of relationships we maintain with our clients. We attribute this win to our successful track record of creating customized programs that best fit the needs of public agencies by addressing specific criteria related to reducing recidivism, improving public safety and providing services related to substance abuse, pro-social thinking and ultimately change of life”, he commented. Ordan TrabelsiPresident and CEO of SuperCom,

“We are proud of the opportunity to create a positive social impact as a leading provider of electronic monitoring and rehabilitation services in California. This project is expected to further increase our presence and provide a platform for LCA to now offer its full range of services in the county, including increased use of electronic monitoring. As we win and land more projects in this region, our reference base of satisfied customers grows, which helps us expand to more locations nationally and internationally. We look forward to continuing to expand our footprint across the globe,” concluded Mr. Work.

The undertaking was received via a proper bidding course of. The win will undergo the same old ready interval of the ban earlier than the contract signing is accepted and the undertaking can begin. SuperCom administration expects to present additional info in subsequent bulletins in due course.

About SuperCom

Since 1988, SuperCom has been a world supplier of conventional and digital id options, offering superior safety, identification and safety options to governments and organizations, personal and public, worldwide. Through proprietary e-government platforms and progressive options for conventional and biometric registration, personalization, issuance, and border management companies, SuperCom has impressed governments and nationwide companies to design and concern safe Multi-ID paperwork and sturdy digital id options for its residents and guests. SuperCom presents a set of distinctive field-proven RFID and cellular applied sciences and merchandise, accompanied by superior complementary companies for numerous industries, together with healthcare and residential care, security and safety, neighborhood public security, legislation enforcement, digital monitoring, livestock monitoring. , and constructing and entry automation. For extra info, please go to SuperCom’s web site, www.supercom.com

About Leaders in Community Alternatives, Inc. (LCA)

LCA, a subsidiary of SuperCom, is likely one of the of California main personal prison justice organizations, offering community-based companies and digital monitoring packages to authorities companies for over 31 years. LCA therapy companies are evidence-based and constructed on finest practices designed to break the cycle of recidivism. LCA supplies a complete method with packages that tackle cognitive and behavioral points associated to criminogenic threat. LCA supplies confirmed options to authorities establishments all over the world California in addressing restructuring methods and plans to enhance public security and scale back prices related to pointless incarceration. For extra info, please go to: http://www.lcaservices.com

Cautionary Note Regarding Forward-Looking Statements

This press launch accommodates forward-looking statements inside the that means 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 adopted by or in any other case together with the phrases “believes”, “expects”, “anticipates”, “intends”, “projects”, “estimates”, “plans” and related expressions or future or conditional verbs resembling “will”, “should”, “will”, “may” and “could” are typically forward-looking in nature and never historic or present information. These forward-looking statements are topic to dangers and uncertainties that would trigger our precise outcomes to differ materially from the statements made. Examples of those statements embrace, however aren’t restricted to, statements about enterprise and financial developments, the anticipated results of the COVID-19 outbreak on journey and bodily places, ranges of shopper, enterprise and financial confidence in common, the length of COVID-19 -19 The outbreak and severity of such outbreak, the tempo of restoration following the outbreak of COVID-19, the standing of contractual pricing and associated commitments and contingencies, the impact on our provide chain, our potential to implement value management and enterprise restoration methods and the ensuing anticipated impression of such an outbreak on our enterprise, monetary situation and outcomes of operations, the opposed results of the COVID-19 outbreak on our enterprise or the market value of our inventory typical, and different dangers and uncertainties described in the forward-looking statements and in the part entitled “Risk Factors” n ë Our Annual Report on Form 20-F for the 12 months ended December 31, 2021filed with the US Securities and Exchange Commission (“SEC”) on April 4, 2022, our reviews on Form 6-Ok filed with the SEC from time to time and our different filings with the SEC. Except as required by legislation, we undertake no 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
Advice for PCG
[email protected]

Logo – https://mma.prnewswire.com/media/1717536/SuperCom_Logog.jpg

SOURCE SuperCom Ltd.

Leave a Reply

Your email address will not be published. Required fields are marked *