SuperCom Expands Utah Presence with Second New Contract Win This Year
Rhea-AI Summary
SuperCom (NASDAQ: SPCB) announced on October 16, 2025 that it won a new electronic monitoring contract with a second sheriff's agency in Utah, replacing the incumbent vendor.
The agency selected SuperCom's PureSecurity™ Suite for modernizing offender monitoring based on field performance, mobile capabilities, high-precision tracking, and scalable infrastructure. The release frames this as part of continued U.S. expansion and cites a recent $7 million award in Germany as an example of larger, multi‑million-dollar projects.
Positive
- Second Utah sheriff agency contract (October 16, 2025)
- Platform chosen for high-precision tracking and mobile capabilities
- Cited $7 million award in Germany as recent multi‑million project
Negative
- None.
News Market Reaction
On the day this news was published, SPCB gained 2.92%, reflecting a moderate positive market reaction. Argus tracked a peak move of +4.4% during that session. Our momentum scanner triggered 14 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $1M to the company's valuation, bringing the market cap to $53M at that time.
Data tracked by StockTitan Argus on the day of publication.
SuperCom Secures New Direct Sheriff Agency Contract, Displacing Incumbent Vendor and Reinforcing
This win represents the second
The agency selected SuperCom based on the PureSecurity™ platform's proven field performance, advanced mobile capabilities, high-precision tracking, and scalable infrastructure to support evolving supervision needs, among other key factors.
"Winning another direct agency contract in
"This and other recent engagements reflect a broader trend across the
About SuperCom
Since 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, worldwide. 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.
Cautionary Note Regarding Forward-Looking Statements
This 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, 2024, filed with the
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SuperCom Investor Relations:
ir@supercom.com
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SOURCE SuperCom