SuperCom Together with Prime Partner Electra Awarded New 5-Year National Electronic Monitoring Contract with the Israel Prison Service Agency

PR Newswire10-10

Contract Already in Effect; National Electronic Monitoring Program Estimated to Include Over 1,500 Offenders; Optional Extension of Up to 4 More Years TEL AVIV, Israel, Oct. 10, 2024 /PRNewswire/ -- ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2474710579?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/XxQpHyzIHBV6xPR22RTzug--~B/aD0yODM7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/cfc227459876a6cf1071b428da86384f","is_english":true,"pubTime":"2024-10-10 20:30","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2474710579","market":"us","top_or_hot":-1,"title":"SuperCom Together with Prime Partner Electra Awarded New 5-Year National Electronic Monitoring Contract with the Israel Prison Service Agency","media":"PR Newswire","content":"<div>\n<p>Contract Already in Effect; National Electronic Monitoring Program Estimated to Include Over 1,500 Offenders; Optional Extension of Up to 4 More Years\nTEL AVIV, Israel, Oct. 10, 2024 /PRNewswire/ -- ...</p>\n\n<a href=\"https://finance.yahoo.com/news/supercom-together-prime-partner-electra-123000163.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SuperCom Together with Prime Partner Electra Awarded New 5-Year National Electronic Monitoring Contract with the Israel Prison Service Agency</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuperCom Together with Prime Partner Electra Awarded New 5-Year National Electronic Monitoring Contract with the Israel Prison Service Agency\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-10 20:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/supercom-together-prime-partner-electra-123000163.html><strong>PR Newswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Contract Already in Effect; National Electronic Monitoring Program Estimated to Include Over 1,500 Offenders; Optional Extension of Up to 4 More Years\nTEL AVIV, Israel, Oct. 10, 2024 /PRNewswire/ -- ...</p>\n\n<a href=\"https://finance.yahoo.com/news/supercom-together-prime-partner-electra-123000163.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4539","symbol_name":"次新股","start_time":0,"source_url":"https://finance.yahoo.com/news/supercom-together-prime-partner-electra-123000163.html","article_id":"2474710579","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/XxQpHyzIHBV6xPR22RTzug--~B/aD0yODM7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/cfc227459876a6cf1071b428da86384f"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/supercom-together-prime-partner-electra-123000163.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2474710579","pubTimestamp":1728563400,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Contract Already in Effect; National Electronic Monitoring Program Estimated to Include Over 1,500 Offenders; Optional Extension of Up to 4 More Years. TEL AVIV, Israel, Oct. 10, 2024 /PRNewswire/ -- SuperCom,a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announcethat, together with its prime partner Electra, it has been awarded a 5-year contract by the Israel Prison Service state agency  to deploy its PureSecurity Electronic Monitoring  Suite. This full-service contract encompasses all EM programs within the country, beginning with the existing Home Detention Monitoring program and additional GPS Tracking programs.\"We also thank our partner, Electra, one of the most reputable and reliable nationwide security services providers. Together, we offered a winning proposal that combines the most advanced technologies and services to meet the critical needs of the IPS,\" Ordan added.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4539":"次新股","NHLD":"National Holdings Corporation","BK4076":"电脑与电子产品零售","SPCB":"SuperCom Ltd.","IPS":"SPDR S&P International Consumer","BK4157":"电子设备和仪器","BK4505":"高瓴资本持仓","EM":"怪兽充电"},"translate_title":"SuperCom与主要合作伙伴Electra与以色列监狱服务局签订了新的5年国家电子监控合同","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EM":1,"IPS":1,"NHLD":1,"SPCB":1},"content_text":"Contract Already in Effect; National Electronic Monitoring Program Estimated to Include Over 1,500 Offenders; Optional Extension of Up to 4 More Years\nTEL AVIV, Israel, Oct. 10, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce that, together with its prime partner Electra, it has been awarded a 5-year contract by the Israel Prison Service state agency (IPS) to deploy its PureSecurity Electronic Monitoring (EM) Suite. This full-service contract encompasses all EM programs within the country, beginning with the existing Home Detention Monitoring program and additional GPS Tracking programs.\n\n\n\nThe nationwide program is expected to cover all EM offender programs in the country, with an estimated 1,500 enrollees and potential for expansion. SuperCom will deploy its cutting-edge EM solutions, including PureCom, PureTrack, PureTag, and PureBeacon. The 5-year contract is already in effect and includes the option for up to four one-year extensions. .\n\"We are deeply honored to support Israel's public safety infrastructure during these challenging times,\" commented Ordan Trabelsi, President and CEO of SuperCom. \"Our mission goes beyond business; it is about contributing to the safety and resilience of Israel. By providing the Israel Prison Service state agency with our advanced electronic monitoring solutions, we reaffirm our unwavering commitment to making Israel safer for all its citizens,\" Ordan continued.\n\"We also thank our partner, Electra, one of the most reputable and reliable nationwide security services providers. Together, we offered a winning proposal that combines the most advanced technologies and services to meet the critical needs of the IPS,\" Ordan added.\n\"This win further enhances our ability to deliver top-tier technology and services for effectively managing correctional programs and enhancing public safety. It highlights the growing demand for our advanced electronic monitoring solutions globally and strengthens our strategic position as a leading security technology provider,\" Ordan concluded.\nThe project was won through a highly competitive bid process, including several rounds of negotiations, demonstrations, and system evaluations required and supervised by the IPS. SuperCom management expects to provide further information on such in future announcements.\nSuperCom's PureSecurity Suite has consistently proven effective in enhancing public safety and facilitating the management of correctional programs worldwide. The platform features state-of-the-art GPS tracking, communication, and monitoring technologies designed to meet the needs of correctional facilities and law enforcement agencies. It includes advanced anti-tamper mechanisms, multi-factor biometrics, cutting-edge location technologies and sensors, seamless 3rd party API integration, an ultra-lightweight ankle bracelet with proprietary energy efficiency algorithms, and extensive historical data.\nAbout SuperCom\nSince 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification, and security solutions to governments and organizations, both private and public, throughout the world. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, and domestic violence prevention. For more information, please visit SuperCom's website: www.supercom.com \nCautionary Note Regarding Forward-Looking Statements\nThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded or followed by or that otherwise include the words \"believes\", \"expects\", \"anticipates\", \"intends\", \"projects\", \"estimates\", \"plans\", and similar expressions or future or conditional verbs such as \"will\", \"should\", \"would\", \"may\" and \"could\" are generally forward-looking in nature and not historical or current facts. These forward-looking statements are subject to risks and uncertainties that could cause our actual results to differ materially from the statements made. Examples of these statements include, but are not limited to, statements regarding business and economic trends, the levels of consumer, business and economic confidence generally, the adverse effects of these risks on our business or the market price of our ordinary shares, and other risks and uncertainties described in the forward looking statements and in the section captioned \"Risk Factors\" in our Annual Report on Form 20-F for the year ended December 31, 2023, filed with the U.S. Securities and Exchange Commission (the \"SEC\") on April 22, 2024, our reports on Form 6-K filed from time to time with the SEC and our other filings with the SEC. Except as required by law, we not undertake any obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release.\nSuperCom Investor Relations:ir@supercom.com\nLogo: https://mma.prnewswire.com/media/1717536/SuperCom_Logo.jpg\n View original content:https://www.prnewswire.com/news-releases/supercom-together-with-prime-partner-electra-awarded-new-5-year-national-electronic-monitoring-contract-with-the-israel-prison-service-agency-302272905.html\nSOURCE SuperCom","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.0","shortVersion":"4.29.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2474710579"}