Direct Agency Win Highlights SuperCom's Growing Reputation and Rising Demand for Its EM TechnologyTEL AVIV, Israel, April 17, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and cybersecurity sectors, today announced that it has secured a new electronic monitoring (EM) contract in the state of Kentucky. This latest win adds to a growing list of recent U.S. contract awards and reflects SuperCom's continued expansion and rising market trust in th ...

Core Insights - SuperCom has secured a new contract with a Midwest-based service provider to introduce its electronic monitoring technology into Wisconsin, Minnesota, and Michigan, enhancing its nationwide expansion efforts [1][4] - The service provider has over a decade of experience in community supervision and is well-positioned to implement SuperCom's technology in various community programs, particularly focusing on domestic violence monitoring [2][3] - SuperCom's proprietary domestic violence technology was selected for its innovative architecture, which combines advanced security features with an interactive mobile experience, aimed at improving public safety and compliance tracking [3][4] Company Overview - SuperCom has been a global provider of secured solutions since 1988, offering advanced safety, identification, and security solutions to both public and private sectors worldwide [5] - The company specializes in e-Government platforms, biometrics enrollment, and electronic monitoring solutions, catering to various industries including healthcare, law enforcement, and community public safety [5] Strategic Expansion - The partnership with the service provider is part of SuperCom's strategic growth plan, which has resulted in over 20 new U.S. contracts and active expansion initiatives since summer 2024 [4] - This marks the third regional service provider that SuperCom has onboarded in 2025, indicating a strong demand for its technology and a successful go-to-market strategy [4]

Core Insights - SuperCom has secured a new contract with a leading Arizona-based service provider to introduce its electronic monitoring technology, marking its strategic entry into Arizona, the seventh U.S. state since summer 2024 [1][5] - The Arizona-based provider has over 25 years of experience and delivers a range of evidence-based programs, positioning it well to expand SuperCom's electronic monitoring solutions [2] - The partnership aims to enhance public safety and improve rehabilitation outcomes by integrating SuperCom's advanced electronic monitoring technology into the provider's existing services [3][4] Company Expansion - The new contract is part of SuperCom's broader strategy, which includes over 20 new customer contracts since summer 2024, reinforcing its growth momentum [5] - The partnership model allows SuperCom to scale more rapidly by leveraging the existing reach of trusted service providers, facilitating efficient technology deployment [5] Technology Overview - SuperCom's PureSecurity Suite is highlighted as a comprehensive electronic monitoring and tracking platform, featuring smartphone integration, secure communication, advanced security, anti-tamper mechanisms, and more [6] Company Background - SuperCom has been a global provider of identity solutions since 1988, offering advanced safety and security solutions to both public and private sectors worldwide [7]

Core Insights - SuperCom has been awarded a new national Domestic Violence electronic monitoring project, marking its seventh such program, indicating a growing demand for its technology [1][2] - The project will utilize SuperCom's PureTrack GPS and PureProtect technology, enhancing public safety and victim protection through real-time tracking and secure communication [3][4] - The program is expected to launch in the next two quarters of 2025, with potential for significant long-term expansion [2] Company Positioning - SuperCom is reinforcing its position as a trusted provider of advanced electronic monitoring solutions for domestic violence, reflecting strong government trust in its technology [4] - The company emphasizes its commitment to delivering innovative monitoring solutions, which are increasingly in demand as part of its expansion strategy [4] - SuperCom's technology has been successfully deployed in multiple national programs, enabling law enforcement to respond more effectively to domestic violence incidents [3][4] Industry Context - The selection of SuperCom's technology by another national government highlights the increasing need for effective monitoring solutions in the fight against domestic violence [4] - The company's success in securing multiple contracts and expanding partnerships indicates a robust market for its solutions in public safety and offender compliance [4]

The growth rate in unit count surpassed 200% by January 2025 and expected to surpass 400% by end of 2025TEL 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. T ...

TEL AVIV, Israel, Jan. 30, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has entered into securities purchase agreements with certain institutional investors to purchase 545,454 ordinary shares in a registered direct offering at a purchase price of $11.00 per ordinary share.The gross proceeds to SuperCom from the offering are estimated to be approximately $6.0 million before deducting the pla ...

TEL AVIV, Israel, Jan. 29, 2025 /PRNewswire/ -- SuperCom (Nasdaq: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has won a new multi-year national contract with the government of a Nordic European country. Under this contract, SuperCom will develop, deliver, and maintain a new national computerized system for enrolment, personalization, and issuance of secured Driving License ("DL") cards. The new system will leverage SuperCom's se ...

Core Viewpoint - SuperCom has successfully amended its debt agreement with a senior lender, allowing for the issuance of shares and a significant reduction in outstanding debt, which will enhance the company's financial flexibility and support its growth strategy [1][2][3][4]. Group 1: Financial Actions - The company issued 100,000 ordinary shares at a price of $43.74 per share, raising $4.374 million to pay down outstanding debt [1]. - The debt maturity date has been extended to December 31, 2028, and monthly cash interest and amortization payments are no longer required, with interest accruing until maturity [2]. - The recent debt paydown represents a 32% reduction in SuperCom's total outstanding debt over the past year [3]. Group 2: Strategic Growth - The financial amendments are expected to provide additional free cash flow for SuperCom's growth strategies over the next four years [3]. - The company has recently won over 15 national projects in Europe and expanded into six new states in the U.S. since summer 2024, positioning itself to capitalize on high-return investment opportunities [4]. - The CEO emphasized that the favorable terms secured will better equip the company to achieve long-term growth objectives and drive value for stakeholders [4].

Established Service Provider with Presence in West Coast, Northeast, and Southeast U.S. Regions Chooses SuperCom above CompetitionTEL AVIV, Israel, Jan. 21, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce it secured a new contract with a U.S. multi-state electronic monitoring service provider. This collaboration marks a valuable milestone in SuperCom's U.S. expansion strategy. In addition to Sup ...

This Marks 20th New Contract and Sixth New State Entry in the U.S. Since Summer of 2024TEL AVIV, Israel, Jan. 13, 2025 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has secured a new electronic monitoring (EM) contract with a Juvenile Probation Agency in Ohio. This contract marks SuperCom's first project with a government agency in Ohio and its entry into its sixth new U.S. state since the summer o ...