Growth in Domestic Violence Incidents Shows Opport
Post# of 162
(Total Views: 106)
Posted On: 01/22/2024 5:14:50 PM
Growth in Domestic Violence Incidents Shows Opportunity for SuperCom Ltd. (NASDAQ: SPCB) Electronic Monitoring Suite
- SuperCom Ltd. is a digital security solutions innovator focused on revolutionizing public safety around the world through the use of technology, data intelligence and complementary services
- SuperCom’s PureSecurity Suite is used in dozens of projects worldwide, mostly by governmental agencies, for electronic monitoring of criminal suspects and convicted offenders, including those involved in domestic violence cases
- One recent report noted that millions of people were affected by domestic violence in the United States during 2022. Additionally, a burgeoning number of cases were observed in the island nation of Jamaica during that year, leading to the implementation of a new protective law there
- Electronic monitoring is also at the heart of a program established by the Immigration and Customs Enforcement agency to improve and expand its oversight of millions of people caught in the immigration system
A report by news magazine Caribbean National Weekly (Law Alone Will Not Curb Domestic Violence) this month highlighted the growing incidents of domestic violence both in the Caribbean and in the United States, and how laws alone are not enough (https://nnw.fm/iYCmc ). “What law can effectively prevent people from trying to control others, control where they go, when to go and with whom they go, and even what they wear when they go?”
Jamaica, in particular, has been reeling from a surge in domestic violence, according to the report. More than 2,500 men and 6,200 women sought assistance from the island nation’s Domestic Violence Intervention Centers (“DVICs”) in 2022, prompting the passage of a new law to provide support for victims.
The report also noted that there were an estimated 10 million cases of domestic abuse in the United States that year, resulting in the death toll of thousands of victims.
Electronic-monitoring security solutions developer SuperCom (NASDAQ: SPCB) is committed to advancing public safety through technology, as exemplified by the company’s suite of products for the electronic monitoring (“EM”) of criminal offenders, which is widely used by dozens of governmental clients presently.
Those court-supervised EM programs include a contract announced in December for SuperCom’s GPS tracking and domestic violence offender monitoring solutions in communities across the state of Kentucky (https://nnw.fm/WtAiW ).
Domestic violence concerns, of course, exist worldwide. In October, the government of Romania placed a third order for SuperCom’s products to support its domestic violence monitoring, GPS Tracking of offenders, and home detention monitoring efforts. Overall, the country has awarded the company a $33 million project (https://nnw.fm/cq8gn ).
“This new contract allows us to bring our advanced technology to more communities and aid in the crucial work of domestic violence prevention and offender monitoring,” SuperCom CEO and President Ordan Trabelsi stated in the December announcement. “Leveraging our growing customer base and technology expertise, we plan to continue developing and providing advanced solutions that meet the evolving needs in our industry and help enhance public safety worldwide.”
SuperCom’s PureSecurity Suite includes technological advances that undergird its support network for EM programs, such as smartphone integration, secure communication, advanced security, anti-tamper mechanisms, fingerprint biometrics, voice communication, unique touch screens, and extended battery life.
Electronic monitoring is being adapted to the criminal justice system’s needs in various ways. Private prison companies are contemplating potential profits from expanding electronic monitoring of immigrants under the supervision of the Immigration and Customs Enforcement (“ICE”) agency.
In August, ICE announced plans to improve the agency’s oversight of people going through immigration proceedings by using EM in the agency’s new Release and Reporting Management program.
The program currently keeps tabs on nearly 200,000 immigrants using technologies like ankle bracelets and facial-recognition apps, but could expand to track millions of people caught in the immigration system, according to The Lever (https://nnw.fm/pcbfC ).
SuperCom announced its Q3 financial results in November, stating that revenues grew 67 percent year-over-year between 2022 and 2023, leading to a 74 percent growth in gross profit margins and 550 percent growth in EBITDA (https://nnw.fm/IOf8R ).
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 https://nnw.fm/SPCB
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
- SuperCom Ltd. is a digital security solutions innovator focused on revolutionizing public safety around the world through the use of technology, data intelligence and complementary services
- SuperCom’s PureSecurity Suite is used in dozens of projects worldwide, mostly by governmental agencies, for electronic monitoring of criminal suspects and convicted offenders, including those involved in domestic violence cases
- One recent report noted that millions of people were affected by domestic violence in the United States during 2022. Additionally, a burgeoning number of cases were observed in the island nation of Jamaica during that year, leading to the implementation of a new protective law there
- Electronic monitoring is also at the heart of a program established by the Immigration and Customs Enforcement agency to improve and expand its oversight of millions of people caught in the immigration system
A report by news magazine Caribbean National Weekly (Law Alone Will Not Curb Domestic Violence) this month highlighted the growing incidents of domestic violence both in the Caribbean and in the United States, and how laws alone are not enough (https://nnw.fm/iYCmc ). “What law can effectively prevent people from trying to control others, control where they go, when to go and with whom they go, and even what they wear when they go?”
Jamaica, in particular, has been reeling from a surge in domestic violence, according to the report. More than 2,500 men and 6,200 women sought assistance from the island nation’s Domestic Violence Intervention Centers (“DVICs”) in 2022, prompting the passage of a new law to provide support for victims.
The report also noted that there were an estimated 10 million cases of domestic abuse in the United States that year, resulting in the death toll of thousands of victims.
Electronic-monitoring security solutions developer SuperCom (NASDAQ: SPCB) is committed to advancing public safety through technology, as exemplified by the company’s suite of products for the electronic monitoring (“EM”) of criminal offenders, which is widely used by dozens of governmental clients presently.
Those court-supervised EM programs include a contract announced in December for SuperCom’s GPS tracking and domestic violence offender monitoring solutions in communities across the state of Kentucky (https://nnw.fm/WtAiW ).
Domestic violence concerns, of course, exist worldwide. In October, the government of Romania placed a third order for SuperCom’s products to support its domestic violence monitoring, GPS Tracking of offenders, and home detention monitoring efforts. Overall, the country has awarded the company a $33 million project (https://nnw.fm/cq8gn ).
“This new contract allows us to bring our advanced technology to more communities and aid in the crucial work of domestic violence prevention and offender monitoring,” SuperCom CEO and President Ordan Trabelsi stated in the December announcement. “Leveraging our growing customer base and technology expertise, we plan to continue developing and providing advanced solutions that meet the evolving needs in our industry and help enhance public safety worldwide.”
SuperCom’s PureSecurity Suite includes technological advances that undergird its support network for EM programs, such as smartphone integration, secure communication, advanced security, anti-tamper mechanisms, fingerprint biometrics, voice communication, unique touch screens, and extended battery life.
Electronic monitoring is being adapted to the criminal justice system’s needs in various ways. Private prison companies are contemplating potential profits from expanding electronic monitoring of immigrants under the supervision of the Immigration and Customs Enforcement (“ICE”) agency.
In August, ICE announced plans to improve the agency’s oversight of people going through immigration proceedings by using EM in the agency’s new Release and Reporting Management program.
The program currently keeps tabs on nearly 200,000 immigrants using technologies like ankle bracelets and facial-recognition apps, but could expand to track millions of people caught in the immigration system, according to The Lever (https://nnw.fm/pcbfC ).
SuperCom announced its Q3 financial results in November, stating that revenues grew 67 percent year-over-year between 2022 and 2023, leading to a 74 percent growth in gross profit margins and 550 percent growth in EBITDA (https://nnw.fm/IOf8R ).
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 https://nnw.fm/SPCB
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
(0)
(0)SuperCom Ltd. (SPCB) Stock Research Links
Scroll down for more posts ▼