New contracts with existing customers are expected to be fulfilled within the next five months
Tel Aviv, Israel, May 16, 2024 /PRNewswire/ — super com (NASDAQ: SPCB), a global provider of secure solutions for the e-government, IoT and cybersecurity sectors, today announced that it has secured additional solutions. $1.8 million The company has signed up a long-standing customer in its e-government sector, with which it has continued a successful partnership for more than 10 years.
The value of the contract is: $1.8 million.It is expected to start by the end of the year May 2024 It is expected to be achieved within the next five months.
“We are pleased to continue our partnership with government customers who have trusted our solutions for over 10 years. This contract not only demonstrates our customers’ satisfaction with our work, but also the quality of our products. “It signifies customer confidence in SuperCom's ability to consistently deliver and service.” Ordan Travelsi, CEO of Supercom. “Our ability to win more contracts of this size with long-standing customers is a testament to our competitiveness and unwavering dedication to customer success. This continued relationship is a testament to our commitment to excellence. It is a testament to our commitment and our ability to meet the evolving needs of our customers around the world.'' Globe. ”
About Supercom
Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, delivering advanced safety, identification and security solutions to private and public governments and organizations around the world. Through its proprietary e-government platform and innovative solutions for traditional and biometric registration, personalization, issuance and border management services, SuperCom enables governments and state agencies to secure multi-ID documents and services for citizens and visitors. We have helped companies design and issue robust digital identity solutions. . SuperCom offers a unique, field-proven, all-in-one RFID and mobile technology and product suite, including security and safety, community public safety, law enforcement, electronic surveillance, domestic violence prevention, and more. , we also offer advanced complementary services for various industries. For more information, please visit the SuperCom 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 preceding, following, or otherwise containing the words “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” or “plan;” and similar expressions, or future or conditional verbs (such as “will'', “should'', “would'', “may'', and “could'' generally indicate future prospects) It is not a historical or current fact. These forward-looking statements involve risks and uncertainties that could cause our actual results to differ materially from those described. Examples of these statements include statements regarding business and economic trends, the level of general consumer, business and economic confidence, the adverse impact of these risks on our business or the market price of our common stock, and others. Including, but not limited to:forward-looking statements and the risks and uncertainties described in the section entitled “Risk Factors” of our Annual Report on Form 20-F for the year ended December 31, 2023filed with the U.S. Securities and Exchange Commission (“SEC”) April 22, 2024, reports on Form 6-K filed from time to time with the SEC and other filings filed with the SEC. Except as required by law, the Company undertakes no obligation to update or revise these forward-looking statements after the date of this press release, whether as a result of new information, future events or otherwise. .
Supercom investor information: [email protected]
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Source Supercom