Long-term existing LCA customers expand their existing
programs with additional services
OAKLAND,
Calif., June 1, 2023 /PRNewswire/ --
SuperCom (NASDAQ: SPCB), a global provider
of secured solutions for the e-Government, IoT, and Cybersecurity
sectors, announced today that its fully-owned subsidiary, Leaders
in Community Alternatives (LCA), has further solidified its
presence in California by
expanding its contractual agreements with multiple long-term
existing clients, resulting in over $500,000 in annual recurring contract value. LCA
has been a trusted provider of criminal justice programs and
services for many years, including rehabilitation, adult day
reporting, and electronic monitoring services.
"SuperCom is delighted to accommodate existing customers with
these contract expansions, allowing us to deliver even more
outstanding services and positively impact more lives," commented
Ordan Trabelsi, President and CEO of
SuperCom.
"These ongoing and growing customer relationships, some spanning
over a decade, highlight our customers' trust and confidence in our
ability to provide innovative solutions and tailored services that
meet their specific needs. Furthermore, these expansions serve as a
testament to SuperCom's steadfast commitment to expanding its
market presence across the US," added Mr. Trabelsi.
"As SuperCom continues to expand its footprint in California and the US, we remain dedicated to
fostering long-term partnerships with our customers, which in turn
promotes organic growth through the acquisition of new customers
and expansion of existing projects. We plan to continue innovating,
evolving, and providing the highest level of services and solutions
to meet the ever-evolving demands of our
clients, " concluded Mr. Trabelsi.
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, worldwide. 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.
SuperCom's website is 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 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
anticipated effects of the COVID-19 outbreak on travel and physical
locations, the levels of consumer, business and economic
confidence generally, the duration of the COVID-19 outbreak and
severity of such outbreak, the pace of recovery following the
COVID-19 outbreak, the effect on our supply chain, our ability to
implement cost containment and business recovery
strategies and resulting anticipated impact of such outbreak
on our business, financial condition and results of
operations, the adverse effects of the COVID-19 outbreak 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, 2022, filed with the U.S.
Securities and Exchange Commission (the "SEC") on April 20, 2023, 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 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