EM Tech Developer SuperCom Ltd. (NASDAQ: SPCB) Sec
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Posted On: 10/18/2024 4:34:15 PM
EM Tech Developer SuperCom Ltd. (NASDAQ: SPCB) Secures New Monitoring Contract with the Israel Prison Service Agency
- Israel-based SuperCom has secured a new five-year contract for deploying its electronic monitoring tracking technology in the company’s home country, working with the Israel Prison Service state agency
- The contract will help the agency monitor an estimated 1,500 enrolled offenders
- SuperCom has been reporting an increasing number of contract wins in Europe and the U.S. this year to help public safety agencies track the movements of low-risk offenders
- Electronic monitoring programs are increasingly welcomed in nations working to reduce criminal recidivism and provide safety to domestic violence victims, helping agencies reduce their incarceration costs in the process
Electronic monitoring (“EM”) technology innovator SuperCom (NASDAQ: SPCB) recently secured a new contract with the Israel Prison Service state agency (“IPS”) to provide full-service EM capabilities for all electronically monitored criminal offender programs throughout the country.
SuperCom won the contract, already underway, in partnership with a nationwide security services provider through a competitive process that included several rounds of negotiations, demonstrations and system evaluations supervised by the IPS.
“We are deeply honored to support Israel’s public safety infrastructure during these challenging times,” SuperCom President and CEO Ordan Trabelsi stated in the news release announcing the contract (https://nnw.fm/3UH3t ). “Our mission goes beyond business; it is about contributing to the safety and resilience of Israel.”
SuperCom’s PureSecurity Suite platform uses state-of-the-art GPS tracking technology that is monitored and used for further communication with appropriate authorities. It uses cutting-edge location technologies and sensors, an ultra-lightweight bracelet that can be worn inconspicuously by the offender while interacting with others at work or in other social settings, an advanced anti-tamper mechanism, the ability to interact seamlessly with other parties’ API (such as a user’s smartphone), multi-factor biometric sensors, and draws on extensive historical data for further analysis.
Israel’s prison system EM program has an estimated 1,500 people enrolled for monitoring.
“This win further enhances our ability to deliver top-tier technology and services for effectively managing correctional programs and enhancing public safety,” Trabelsi stated. “It highlights the growing demand for our advanced electronic monitoring solutions globally and strengthens our strategic position as a leading security technology provider.”
EM technology is gaining widespread acceptance in North America, Latin America and Europe as a means for reducing the costs of imprisonment for criminal offenders, allowing individuals to be at low risk of harming society to remain productive through employment and family interaction while meeting society’s needs for security by having their movements restricted and monitored to ensure the restrictions are enforced.
The market for EM products and services is a niche segment with a low number of competitors, making SuperCom’s opportunity potential stronger, particularly as it continues to build its reputation with a growing number of clients.
During recent months, SuperCom has secured five new contracts to provide domestic violence subject monitoring in Europe. The company has also reported new contracts in the United States — most recently with law enforcement agencies in West Virginia and New York.
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 republished: http://NNW.fm/Disclaimer
- Israel-based SuperCom has secured a new five-year contract for deploying its electronic monitoring tracking technology in the company’s home country, working with the Israel Prison Service state agency
- The contract will help the agency monitor an estimated 1,500 enrolled offenders
- SuperCom has been reporting an increasing number of contract wins in Europe and the U.S. this year to help public safety agencies track the movements of low-risk offenders
- Electronic monitoring programs are increasingly welcomed in nations working to reduce criminal recidivism and provide safety to domestic violence victims, helping agencies reduce their incarceration costs in the process
Electronic monitoring (“EM”) technology innovator SuperCom (NASDAQ: SPCB) recently secured a new contract with the Israel Prison Service state agency (“IPS”) to provide full-service EM capabilities for all electronically monitored criminal offender programs throughout the country.
SuperCom won the contract, already underway, in partnership with a nationwide security services provider through a competitive process that included several rounds of negotiations, demonstrations and system evaluations supervised by the IPS.
“We are deeply honored to support Israel’s public safety infrastructure during these challenging times,” SuperCom President and CEO Ordan Trabelsi stated in the news release announcing the contract (https://nnw.fm/3UH3t ). “Our mission goes beyond business; it is about contributing to the safety and resilience of Israel.”
SuperCom’s PureSecurity Suite platform uses state-of-the-art GPS tracking technology that is monitored and used for further communication with appropriate authorities. It uses cutting-edge location technologies and sensors, an ultra-lightweight bracelet that can be worn inconspicuously by the offender while interacting with others at work or in other social settings, an advanced anti-tamper mechanism, the ability to interact seamlessly with other parties’ API (such as a user’s smartphone), multi-factor biometric sensors, and draws on extensive historical data for further analysis.
Israel’s prison system EM program has an estimated 1,500 people enrolled for monitoring.
“This win further enhances our ability to deliver top-tier technology and services for effectively managing correctional programs and enhancing public safety,” Trabelsi stated. “It highlights the growing demand for our advanced electronic monitoring solutions globally and strengthens our strategic position as a leading security technology provider.”
EM technology is gaining widespread acceptance in North America, Latin America and Europe as a means for reducing the costs of imprisonment for criminal offenders, allowing individuals to be at low risk of harming society to remain productive through employment and family interaction while meeting society’s needs for security by having their movements restricted and monitored to ensure the restrictions are enforced.
The market for EM products and services is a niche segment with a low number of competitors, making SuperCom’s opportunity potential stronger, particularly as it continues to build its reputation with a growing number of clients.
During recent months, SuperCom has secured five new contracts to provide domestic violence subject monitoring in Europe. The company has also reported new contracts in the United States — most recently with law enforcement agencies in West Virginia and New York.
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 republished: http://NNW.fm/Disclaimer
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