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SuperCom Ltd. (NASDAQ: SPCB) Closes Second North America Contract for 2024

  • SuperCom, a global leading provider of digital identity and electronic monitoring (“EM”) solutions, has announced a new contract with an established California services provider in the judicial sector
  • This marks the second closed contract in 2024, a milestone that Ordan Trabelsi, President and CEO of SuperCom, has attributed mainly to the company’s introduction of its PureOne technology
  • According to Mr. Trabelsi, this milestone showcases SuperCom’s ability to compete in the market successfully and its commitment to innovation and customer satisfaction

SuperCom (NASDAQ: SPCB), a leading global provider of digital identity and EM solutions, offering advanced identification and security products to governments, has announced a new contract with an established California services provider in the judicial sector. This marks the second closed contract for the 2024 calendar year. “We are pleased to announce a second new contract in North America since the start of 2024, reflecting momentum and reputation in the industry,” noted Ordan Trabelsi, SuperCom’s President and CEO. “This collaboration showcases not only our ability to compete in the market successfully but also our commitment to innovation and customer satisfaction,” he added (https://ibn.fm/C3B44).

The partnership with a new client showcases SuperCom’s capability to establish important new connections in the US. The flexible contract structure opens significant scaling and long-term partnership possibilities, underscoring SuperCom’s robust and versatile business approach.

In January, SuperCom closed a new contract with a renowned Canadian industry partner in the tracking solutions sector. The Canadian win was the first contract of 2024 and an important new project with an existing client. It represented a new chapter in SuperCom’s long-standing collaboration with this partner, transitioning from successful collaboration for providing RF-based tracking technology to embracing new GPS technologies (https://ibn.fm/MLpvy). Most notably, this was made possible by SuperCom’s introduction of its PureOne solution, a new offering that Trabelsi also attributed to securing the second California contract. “Introducing our PureOne solution was a game-changer in securing this contract,” he noted. “It underscores our competitive edge and commitment to providing innovative and superior technology solutions,” he added.

The latest partnership with the new customer in California aligns with SuperCom’s vision of expanding its footprint in the US market while demonstrating its competitive edge in delivering superior technology solutions. “By securing this contract and displacing an incumbent competitor, we further reinforce our position as a market leader. We view our recent wins as indicators of our growing influence and expansion potential in North America and worldwide,” noted Mr. Trabelsi.

SuperCom sees these recent wins as indicators of the company’s growing influence and expansion potential in North America and worldwide.

For more information, visit the company’s website at www.SuperCom.com.

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

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