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NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB)

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Post# of 199
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Posted On: 01/16/2024 4:07:17 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Announces New Project Win with Well-Known Tracking-Solutions Partner

SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-government, Internet of Things (“IoT”) and cybersecurity sectors, has been awarded a new project with a well-known Canadian industry partner in the tracking-solutions sector. SuperCom announced the new project, noting that it marks another milestone in the company’s journey, “building on the company’s successful history of delivering top-tier services and technologies.” Revenue generation from the new contract is anticipated to start in Q1 2024. According to the announcement, the new project “represents a new chapter in SuperCom’s long-standing collaboration with this partner, transitioning from successful collaboration for providing RF-based tracking technology to embracing new GPS technologies.” The company anticipates launching the initial phase of the project in the first quarter of 2024; the project also represents significant potential for expansion in both scale and scope. “We’re excited about this new project in Canada,” said SuperCom CEO and president Ordan Trabelsi in the press release.

“Our partnership’s expansion into GPS technology with our PureOne devices marks a notable achievement for SuperCom. This project not only strengthens our relationship with a valued partner but also highlights our commitment to innovation and adapting to market needs. We are proud to see the trust and confidence our partner has placed in us and our innovative tracking solutions. This project exemplifies our dedication to delivering cutting-edge technology and reinforces our position as a leader in the electronic monitoring industry.”

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