- Electronic monitoring (“EM”) technology developer SuperCom Ltd. recently reported a new contract with European government clients for its flagship product, its third such contract secured within a three-month period
- SuperCom’s business with European governments that are seeking its EM technology solutions amounts to over $11 million in new orders since April
- SuperCom’s flagship EM PureSecurity Suite products provide monitoring solutions that are chiefly being used as an alternative to incarceration
- The EM market is growing as criminal justice officials increasingly seek alternatives to incarceration as a means of cutting costs while simultaneously benefitting society through reduced recidivism and increased productive social and labor market participation
SuperCom (NASDAQ: SPCB), a global identity technology provider, reported on July 11 that the company has received new orders from European governments valued at $2.9 million, the third set of orders from European clients in the past 90 days, amounting to a cumulative total of over $11 million in sales during three-month period.
“Securing over $11 million in new orders from Europe in less than 90 days is a significant achievement for SuperCom. It highlights our leadership in the electronic monitoring sector and our ability to meet our clients’ evolving needs consistently,” SuperCom President and CEO Ordan Trabelsi stated in the…
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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