SuperCom Together with Prime Partner Electra Awarded New 5-Year National Electronic Monitoring Contract with the Israel Prison Service Agency
SuperCom, Ltd. - Ordinary Shares (SPCB)
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Source: PR Newswire
Contract Already in Effect; National Electronic Monitoring Program Estimated to Include Over 1,500 Offenders; Optional Extension of Up to 4 More YearsTEL AVIV, Israel, Oct. 10, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce?that, together with its prime partner Electra, it has been awarded a 5-year contract by the Israel Prison Service state agency (IPS) to deploy its PureSecurity Electronic Monitoring (EM) Suite. This full-service contract encompasses all EM programs within the country, beginning with the existing Home Detention Monitoring program and additional GPS Tracking programs.The nationwide program is expected to cover all EM offender programs in the country, with an estimated 1,500 enrollees and potential for expansion. SuperCom will deploy its cutting-edge EM solutions, including PureCom, PureTrack, PureTag, and PureBeacon. The 5-year contract is already in eff
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- SuperCom Ltd. (NASDAQ: SPCB) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
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Sec Filings
- 11/7/24 - Form 6-K
- 9/16/24 - Form EFFECT
- 9/11/24 - Form POS
- SPCB's page on the SEC website