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FAQ: SuperCom's First Texas Electronic Monitoring Contract and Company Overview
TL;DR
SuperCom gains competitive advantage by expanding to Texas, replacing an incumbent provider and increasing its U.S. footprint to 14 states since mid-2024.
SuperCom will deploy its PureSecurity platform under a recurring revenue model for electronic monitoring with a juvenile probation agency in Texas.
SuperCom's technology enhances community safety through advanced electronic monitoring, potentially reducing recidivism and improving outcomes for youth in the justice system.
SuperCom, operating since 1988, now provides electronic monitoring in Texas, marking its first engagement in the state with innovative RFID technology.
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SuperCom Ltd. (NASDAQ: SPCB) has been awarded a new electronic monitoring contract by a juvenile probation agency in Texas, marking the company's first engagement in the state.
This contract expands SuperCom's U.S. footprint to 14 states since mid-2024, replaces a long-time incumbent provider, and is expected to open additional opportunities as the company builds momentum in new regions.
The company will deploy its PureSecurity™ platform under a recurring revenue model for the juvenile probation agency in Texas.
A juvenile probation agency in Texas awarded the electronic monitoring contract to SuperCom.
SuperCom expanded its U.S. footprint to 14 states since mid-2024, with this Texas contract being part of that expansion.
Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, offering advanced safety, identification and security solutions to governments and organizations worldwide through e-government platforms and innovative biometric and RFID technologies.
SuperCom serves various industries including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, and domestic violence prevention.
The latest news and updates relating to SPCB are available in the company's newsroom at http://ibn.fm/SPCB.
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The full press release can be viewed at https://ibn.fm/vRF4l.
Curated from InvestorBrandNetwork (IBN)
