The growth rate in unit count surpassed 200% by
January 2025 and expected to surpass
400% by end of 2025
TEL
AVIV, Israel, Feb. 6, 2025
/PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global
provider of secure solutions for the e-Government, IoT, and
Cybersecurity sectors, announced today that Company has received
new orders from a European government customer which locked in over
200% growth in PureTrack GPS units in the 12 month period ending
January 2025 and is expected to
surpass 400% growth by end of 2025. These orders are part of an
expansion of a large ongoing Nationwide European electronic
monitoring (EM) project that SuperCom has been implementing.
While the project entails multiple offerings from SuperCom's
PureSecurity suite, the PureTrack GPS tracking of offenders
portion, allowing for continuous monitoring even as offenders are
permitted to leave their homes from time to time, has received a
sharp increase in demand and growth. These unit numbers were not
expected at the onset of the project and grew as the program
evolved.
"We are excited to see rapid unit growth within this valuable
nationwide European EM project. When numbers grow beyond what is
originally expected, we see it as a clear signal to the
effectiveness of our technology solutions and complimentary
services," commented Ordan Trabelsi,
President and CEO of SuperCom. "As we continue expanding our
customer base in the U.S., we remain deeply committed to serving
our existing customers with excellence—including key partners like
this European government client. Together, we are fostering
long-term relationships and expanding our impact in the global
public safety market."
SuperCom's PureSecurity Suite is a best-of-breed electronic
monitoring and tracking platform, which contains a comprehensive
set of innovative features, including smart phone integration,
secure communication, advanced security, anti-tamper mechanisms,
fingerprint biometrics, voice communication, unique touch screens
and extended battery life.
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, 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 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
