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Posted On: 11/25/2024 4:35:18 PM
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SuperCom Ltd. (NASDAQ: SPCB) Conference Presentation Focuses on Lives Saved Through EM Technology and Services
- SuperCom is an electronic monitoring (“EM”) innovator helping to establish public safety and well-being through the use of advanced technology and monitoring services for government clients that make increasing use of supervised-release programs
- During a recent investor presentation at the annual LD Micro Invitational, SuperCom’s president and CEO, Ordan Trabelsi, outlined the company’s services and critical benefits to clientele, along with the company’s corresponding success with over 50 governments and 100,000 individuals served
- SuperCom anticipates that its $32 million contract in Romania, largely focused on monitoring domestic violence offenders, will help boost its credibility with other European governments running monitoring programs of a similar nature
Governments worldwide are turning to electronic monitoring (“EM”) solutions as a means of sustaining public safety and reducing repeat criminal behavior while also reducing the costs associated with imprisoning individuals — a trend outlined by EM innovator SuperCom (NASDAQ: SPCB) at a recent investor LD Micro presentation. SuperCom President and CEO Ordan Trabelsi explained the competitive edge of the company’s GPS-enabled PureSecurity platform, among a narrow field of rivals, during his appearance at LD Micro’s 17th annual invitational on Oct. 30 (https://ibn.fm/XPMXE ). Trabelsi participated in one-on-one interviews with potential investors over the course of the event’s three days in Southern California.
SuperCom was founded in 1988 and has a track record of serving over 50 governments and 100,000 individuals. Its CAGR is above 60%, with 73% recurring revenue and a five-year EBITDA of $4.8 million as of last year.
“Our run-rate this year is even higher. We had a run-rate of at least $7.2 million EBITDA,” Trabelsi said.
SuperCom’s end-to-end solution provides a developed GPS technology for reliable offender tracking and 24/7 monitoring services to give criminal justice clients the confidence they need to operate supervised-release programs that allow select individuals to remain free from incarceration, potentially productive at their jobs and homes, at a fraction of incarceration costs.
“Over half a percent of the U.S. is in prison. That’s a very high rate; certainly not effective, not cost-effective, and not effective in terms of increasing public safety. … If you put someone on house arrest, you’re saving 90% of the costs, direct costs,” Trabelsi said. “And that’s just a sign that we need to improve things in the U.S., and also in other areas of the world, there’s room for improvement.”
SuperCom’s strategy is particularly focused on domestic violence cases in which any specifically identified victims or potential victims, as well as the authorities, can be notified by smartphone of the offender’s proximity before any physical danger arises.
“(It’s) one of the things that we in SuperCom are leaders in the world. We probably have more units in domestic violence than any other player out there,” Trabelsi said at the LD Micro event.
The technology is an improvement over bulky ankle monitors, offering instead a sleek, waterproof device that can be worn unobtrusively without drawing attention from other people. It has a battery life of up to one year, eliminating the need for continuous daily recharging with an electrical source.
SuperCom currently provides services in California’s large EM market and many other parts of Europe and the United States.
“We won a $32 million project in Romania,” Trabelsi said. “Not only is that a substantial project because Romania’s never done this before — and we’re talking about 15,000 offenders that we would be monitoring at any given point over the course of six years — but it also gives us a strong reference for any other projects around the world of similar size.”
The company’s services also include inmate monitoring in prisons, rehabilitation services and substance abuse monitoring — continuously evaluating a monitored subject’s alcohol intake through sweat-sensitive sensors, for example — and Trabelsi noted the company’s technology could work well for other services as well, although the company’s small size has led its officers to limit their focus to the most profitable opportunities at the moment.
“Our solutions create positive social impact and improve public safety worldwide,” Trabelsi said. “We see this over and over in various regions. We’re helping with saving the lives of potential victims. We’re aiding in eradicating domestic violence. We’re increasing public safety and well-being.”
For more information, visit the company’s website at www.SuperCom.com.
NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB
Please see full terms of use and disclaimers on the TechMediaWire website applicable to all content provided by TMW, wherever published or re-published: https://www.TechMediaWire.com/Disclaimer
- SuperCom is an electronic monitoring (“EM”) innovator helping to establish public safety and well-being through the use of advanced technology and monitoring services for government clients that make increasing use of supervised-release programs
- During a recent investor presentation at the annual LD Micro Invitational, SuperCom’s president and CEO, Ordan Trabelsi, outlined the company’s services and critical benefits to clientele, along with the company’s corresponding success with over 50 governments and 100,000 individuals served
- SuperCom anticipates that its $32 million contract in Romania, largely focused on monitoring domestic violence offenders, will help boost its credibility with other European governments running monitoring programs of a similar nature
Governments worldwide are turning to electronic monitoring (“EM”) solutions as a means of sustaining public safety and reducing repeat criminal behavior while also reducing the costs associated with imprisoning individuals — a trend outlined by EM innovator SuperCom (NASDAQ: SPCB) at a recent investor LD Micro presentation. SuperCom President and CEO Ordan Trabelsi explained the competitive edge of the company’s GPS-enabled PureSecurity platform, among a narrow field of rivals, during his appearance at LD Micro’s 17th annual invitational on Oct. 30 (https://ibn.fm/XPMXE ). Trabelsi participated in one-on-one interviews with potential investors over the course of the event’s three days in Southern California.
SuperCom was founded in 1988 and has a track record of serving over 50 governments and 100,000 individuals. Its CAGR is above 60%, with 73% recurring revenue and a five-year EBITDA of $4.8 million as of last year.
“Our run-rate this year is even higher. We had a run-rate of at least $7.2 million EBITDA,” Trabelsi said.
SuperCom’s end-to-end solution provides a developed GPS technology for reliable offender tracking and 24/7 monitoring services to give criminal justice clients the confidence they need to operate supervised-release programs that allow select individuals to remain free from incarceration, potentially productive at their jobs and homes, at a fraction of incarceration costs.
“Over half a percent of the U.S. is in prison. That’s a very high rate; certainly not effective, not cost-effective, and not effective in terms of increasing public safety. … If you put someone on house arrest, you’re saving 90% of the costs, direct costs,” Trabelsi said. “And that’s just a sign that we need to improve things in the U.S., and also in other areas of the world, there’s room for improvement.”
SuperCom’s strategy is particularly focused on domestic violence cases in which any specifically identified victims or potential victims, as well as the authorities, can be notified by smartphone of the offender’s proximity before any physical danger arises.
“(It’s) one of the things that we in SuperCom are leaders in the world. We probably have more units in domestic violence than any other player out there,” Trabelsi said at the LD Micro event.
The technology is an improvement over bulky ankle monitors, offering instead a sleek, waterproof device that can be worn unobtrusively without drawing attention from other people. It has a battery life of up to one year, eliminating the need for continuous daily recharging with an electrical source.
SuperCom currently provides services in California’s large EM market and many other parts of Europe and the United States.
“We won a $32 million project in Romania,” Trabelsi said. “Not only is that a substantial project because Romania’s never done this before — and we’re talking about 15,000 offenders that we would be monitoring at any given point over the course of six years — but it also gives us a strong reference for any other projects around the world of similar size.”
The company’s services also include inmate monitoring in prisons, rehabilitation services and substance abuse monitoring — continuously evaluating a monitored subject’s alcohol intake through sweat-sensitive sensors, for example — and Trabelsi noted the company’s technology could work well for other services as well, although the company’s small size has led its officers to limit their focus to the most profitable opportunities at the moment.
“Our solutions create positive social impact and improve public safety worldwide,” Trabelsi said. “We see this over and over in various regions. We’re helping with saving the lives of potential victims. We’re aiding in eradicating domestic violence. We’re increasing public safety and well-being.”
For more information, visit the company’s website at www.SuperCom.com.
NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB
Please see full terms of use and disclaimers on the TechMediaWire website applicable to all content provided by TMW, wherever published or re-published: https://www.TechMediaWire.com/Disclaimer
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