SPCB – SuperCom’s New Alcohol Monitoring Deal

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Exploring SuperCom’s Latest Achievement: Securing a Key Alcohol Monitoring Contract in California

Supercom Ltd Stock Price Today | NASDAQ SPCB Live Ticker – Investing.com

LogoOAKLAND, Calif., Aug. 16, 2023 — In a significant stride towards enhancing its presence in the electronic monitoring industry, SuperCom (NASDAQ: SPCB), a global leader in secured solutions for e-Government, IoT, and Cybersecurity sectors, has announced an exciting development. Through its subsidiary, Leaders in Community Alternatives (LCA), the company has successfully clinched a new contract to provide Alcohol Monitoring technologies and services in California. This accomplishment highlights SuperCom’s commitment to delivering top-notch solutions to government agencies and reinforces its foothold in the electronic monitoring landscape.

In this article, we delve into the details of this remarkable achievement and its implications.

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SPCB Solidifying Success
A New Alcohol Monitoring Contract

SuperCom’s latest triumph comes in the form of a freshly secured alcohol monitoring contract, which has already come into effect and is set to run until 2026. The contract spans an initial 3-year period, with the possibility of future extensions. This achievement showcases SuperCom’s continued expansion in the US market and cements its relationship with a key partner in the criminal justice sector.

Generating Value through Innovative Solutions

lockedUnder this contract, customers will be billed on a per-unit daily rate for alcohol monitoring services. This approach ensures that steady-state recurring revenue is generated in accordance with usage. The projected value of the contract over the initial 3-year term stands at an impressive USD 3 million, subject to actual usage. This financial potential underscore the significance of SuperCom’s role in the electronic monitoring domain.

SuperCom’s Strong Reputation
Key to Contract Success

SPCBOrdan Trabelsi, the CEO and President of SuperCom, attributes the achievement of this contract to the company’s reputation for providing reliable and high-quality electronic monitoring services. Trabelsi expressed his pride in being selected once again to support California’s criminal justice system. He noted that SuperCom’s long-standing relationships with county customers and law enforcement underscore the trust placed in the company’s technology and services.

SPCB’s Commitment to the Future

Looking ahead, SuperCom remains steadfast in its commitment to forging strong partnerships, driving technological advancements, and offering solutions that effectively address the unique challenges faced by the criminal justice system. Trabelsi emphasized the company’s focus on technological innovation and global expansion, positioning SuperCom as a key player in shaping the future of the electronic monitoring industry.

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Final Thoughts

SuperCom’s accomplishment in securing a new alcohol monitoring contract in California stands as a testament to its dedication to excellence in providing cutting-edge solutions. The company’s reputation for reliability and high-quality services has paved the way for this achievement, further solidifying its position in the electronic monitoring industry. As SuperCom continues to innovate and expand, it is poised to lead the way in shaping the future of electronic monitoring.

SuperCom

SuperCom: Pioneering Global Identity
Solutions Since 1988

Since its establishment in 1988, SuperCom has emerged as a prominent global player in the realm of traditional and digital identity solutions. With a steadfast commitment to enhanced safety, identification, and security, the company serves a diverse clientele of both public and private entities across the globe. In addition to leveraging its proprietary e-Government platforms and cutting-edge offerings for traditional and biometrics enrollment, personalization, issuance, and border control services.

SuperCom has earned recognition for catalyzing the development of secure Multi-ID documents and robust digital identity solutions. Meanwhile, this innovation has empowered governments and national agencies to provide their citizens and visitors with unparalleled security. Coupled with, boasting an integrated RFID and mobile technology suite, SuperCom offers a comprehensive solution set, complemented by advanced services spanning healthcare, security, community safety, law enforcement, electronic monitoring, livestock management, and access automation. Through its unwavering dedication, SuperCom continues to reshape industries and fortify global identity systems.

SuperCom’s website is https://www.supercom.com/

 

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Exploring SuperCom's Latest Achievement: Securing a Key Alcohol Monitoring Contract in California Supercom Ltd Stock Price Today | NASDAQ SPCB Live Ticker - Investing.com OAKLAND, Calif., Aug. 16, 2023 — In a significant stride towards enhancing its presence in the electronic monitoring industry, SuperCom (NASDAQ: SPCB),...SPCB - SuperCom's New Alcohol Monitoring Deal