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New Strategic Partnership Enhances Growth Potentia

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Post# of 199
(Total Views: 79)
Posted On: 01/31/2025 5:42:59 PM
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Posted By: NetworkNewsWire
New Strategic Partnership Enhances Growth Potential for SuperCom Ltd. (NASDAQ: SPCB) EM Tracking Solutions

- Public safety technology developer SuperCom has seen a record pace of new contract acquisition in the United States since August as awareness of its electronic monitoring (“EM”) solutions increases
- A new strategic partnership contract with an established multi-state EM service provider is expected to accelerate the growth further, beginning with a focus on the Northeast U.S. region
- SuperCom’s technologies provide a variety of options for the supervision of offenders in the criminal justice system, but the company is particularly focused on enhancing public safety in domestic violence situations
- The company’s acquisition of 20 new U.S. contracts in recent months, including six states where SuperCom had not operated before, unlocks the potential for Americans to have greater peace of mind about reducing repeat domestic violence offenses

Public safety technology innovator SuperCom (NASDAQ: SPCB) is announcing a strategic partnership for placing its electronic monitoring (“EM”) offender tracking solution. The company expects this partnership to further support the rapidly growing adoption of its solutions in U.S. markets.

SuperCom has been expanding into U.S. markets at a record pace for the company, signing 20 new contracts since last August. Six of the contract states are locations where the company’s products haven’t been used before (https://nnw.fm/CGukp ).

The new partnership is with an established multi-state electronic monitoring service provider that has a wide market presence. The collaboration includes an agreement to introduce SuperCom’s advanced PureSecurity Suite EM solutions to both new and existing law enforcement programs in multiple new states, initially targeting high-impact opportunities in the Northeast.

“This partnership reflects the trust placed in SuperCom’s cutting-edge technology and our ability to deliver transformative results,” SuperCom President and CEO Ordan Trabelsi stated in the company’s announcement (https://nnw.fm/Y58md ). “By collaborating with an established industry player, we are further advancing the modernization of electronic monitoring programs across the U.S. … With over 30 years of industry experience, the service provider’s selection of SuperCom’s technology over others can resonate strongly with potential customers.”

SuperCom has focused its marketing strategy on European and North American nations. Growing within the United States has been particularly important because the U.S. prison population rate per 100,000 people is the highest in the world, according to a 2023 study, while a separate report showed a recidivism (repeat offender arrests) rate of about 75% among released prisoners within five years (https://nnw.fm/GxPde ).

The use of EM tracking of suspects and convicted offenders released from incarceration on a supervision agreement is growing in popularity worldwide. Many nations, large and small, are finding value in the cost savings of favoring house arrest over expanded jail space and in supervised re-entry to the community of offenders, thereby gaining a potential rehabilitative benefit from maintaining their normal work, school, and family relations.

The company’s PureSecurity Suite products include the best-of-breed one-piece tracking bracelet that has been branded PureOne and its accompanying mobile app monitoring technology branded PureShield, which are particularly attuned to enhancing public safety in domestic violence situation. Other complementary elements further the suite’s monitoring capabilities for a variety of needs.

Together, PureOne and PureShield use GPS, cellular, Wi-Fi and Bluetooth technologies to discreetly show the location of both the victim and the offender in domestic violence cases. Once boundaries established by the legal system are included in the programming, both law enforcement and potential victims are alerted if zoning breaches occur, using the wide availability of personal smartphones to ease service accessibility.

“SuperCom’s solutions are setting a new standard in the electronic monitoring industry. By displacing incumbent players time after time, we are better positioned to meet the growing demand for scalable and impactful public safety solutions,” Trabelsi stated.

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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