Tuesday, June 25, 2024

SuperCom Ltd. (NASDAQ: SPCB) Wins New Contract to Provide Rehabilitative Services to Juveniles

 

  • Israel-based SuperCom Ltd. provides a range of digital monitoring solutions to government agencies in need of technology capabilities for security purposes
  • SuperCom’s PureSecurity Suite of products is particularly popular and purposeful in helping court programs to monitor suspects and offenders in rehabilitation programs as the individuals are granted supervised release from custody instead of being kept behind bars
  • SuperCom recently announced it had secured a new contract with a Northern California client that further demonstrates its competitiveness and its ability to provide rehabilitative services and secure solutions
  • The contract works with youth offenders in a rehabilitation program and is designed to help reduce recidivism

Secure identification and digital monitoring solutions company SuperCom (NASDAQ: SPCB) recently secured a new contract for monitoring youths transitioning through California’s justice system, demonstrating SuperCom’s competitiveness and ability to build on its reputation with existing clients.

The case management services will be provided for the California client through SuperCom’s fully owned subsidiary, Leaders in Community Alternatives (“LCA”), which provides evidence-based, community-focused services and electronic monitoring programs as a private contractor to government agencies.

“This new contract allows us to expand our reach and offer our services to a new community,” SuperCom President and CEO Ordan Trabelsi stated (https://ibn.fm/RrWeV). “With this new project, SuperCom continues to strengthen its position as a leader in providing rehabilitative services and secure solutions.”

The California contract reflects a trend worldwide for court and law enforcement advocates to seek privately contracted rehabilitative service and electronic monitoring (“EM”) solutions providers that allow teen suspects to enjoy a measure of freedom and community interaction while under court supervision, with the hope of reducing recidivism.

SuperCom’s technology (https://ibn.fm/LoAHT) has the capacity to placate critics of such measures who fear EM programs will stigmatize children and “expand the walls of youth prisons into children’s homes and communities.”

The company’s monitors are easily concealable to reduce concerns about stigmatizing their wearers while providing effective, cost-efficient monitoring with artificial intelligence (“AI”) enhanced data analysis and predictive modeling that meets law enforcement needs for protecting the community.

The new contract also builds on SuperCom’s global reach that thus far includes clients mainly in Europe and the United States.

“This program underscores our commitment to providing comprehensive support services that make a tangible difference in the lives of young individuals. By focusing on evidence-based case management, we are addressing some of the most pressing needs of youth in transition,” Organ added.

Market analysts predict the court-administered EM sector may reach $2.3 billion in global revenues by 2029 at a 9.5 percent CAGR (https://ibn.fm/nMcHq), reflecting the opportunities available to SuperCom and its PureSecurity Suite of products.

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 http://ibn.fm/SPCB

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