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Stock impact report

SuperCom Launches National Electronic Monitoring Project in Estonia

SuperCom, Ltd. - Ordinary Shares (SPCB) 
Last supercom, ltd. - ordinary shares earnings: 8/14 09:15 am Check Earnings Report
US:NASDAQ Investor Relations: supercom.com/investors
Company Research Source: PR Newswire
HERZLIYA, Israel, Jan. 30, 2019 /PRNewswire/ -- SuperCom Ltd. (NASDAQ: SPCB), a global provider of Secure-Identity, IoT, Connectivity, and Cyber Security solutions for the global public and private sectors, announced today that it has secured a contract with the national government of Estonia to deploy its Pure Security Electronic Monitoring (EM) Suite with an emphasis on house arrest. This project was formally awarded in November 2018 through a formal bid process and the contract execution has just been approved allowing for project launch. This nationwide program with the country's Ministry of Justice will cover all cases requiring house arrest within the country, with a simultaneous unit count starting at 200 and an option to grow up to 400. SuperCom has already received the initial order and follow-on orders may continue over time. The project will be billed at a per-unit daily rate and generate steady-state recurring revenues accordingly. The total duration of the contract is Show less Read more
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