SuperCom Secures 4th New Electronic Monitoring Contract in Kentucky, Expansion Momentum Continues

Rhea-AI Summary

SuperCom (NASDAQ: SPCB) announced a new direct county electronic monitoring contract in Kentucky on March 10, 2026, its 4th new Kentucky win since mid-2024. The company will deploy PureSecurity GPS and has displaced the incumbent provider. The contract uses a recurring revenue model based on daily active units and adds to over 35 new U.S. contract wins since mid-2024, supporting SuperCom's regional expansion strategy and operational foothold in U.S. corrections markets.

Positive

• 4th new electronic monitoring contract in Kentucky since mid-2024
• Contract represents full displacement of incumbent EM provider
• Recurring revenue model based on daily active units expands predictable revenue
• Over 35 new U.S. contract wins since mid-2024 supports scalable U.S. growth

Negative

• None.

News Market Reaction – SPCB

+3.90%

1 alert

+3.90% News Effect

On the day this news was published, SPCB gained 3.90%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Kentucky EM contracts: 4th new contract New contract wins: over 35 wins Armistice ownership: 215,435 shares +3 more

6 metrics

Kentucky EM contracts 4th new contract 4th new electronic monitoring contract in Kentucky since mid-2024

New contract wins over 35 wins Over 35 new contract wins since mid-2024 cited in U.S. strategy

Armistice ownership 215,435 shares Shares reported by Armistice Capital, LLC in Schedule 13G/A

Ownership stake 4.99% Percentage of SuperCom ordinary shares reported in Schedule 13G/A

Current price $8.20 Price before article publication on 2026-03-10

52-week range $5.06–$13.5674 52-week low and high before this news

Market Reality Check

Price: $8.28 Vol: Volume 45,306 is roughly ...

normal vol

$8.28 Last Close

Volume Volume 45,306 is roughly in line with 20-day average 44,821, showing no major volume spike. normal

Technical Price at $8.20 is trading below the 200-day MA at $9.76, indicating a longer-term downtrend.

Peers on Argus

SPCB was up 2.5% while peers showed mixed moves: GFAI -4.24%, KSCP +1.3%, SUGP +...

SPCB was up 2.5% while peers showed mixed moves: GFAI -4.24%, KSCP +1.3%, SUGP +0.38%, VRME -1.14%, BKYI -1.59%, pointing to a stock-specific reaction.

Historical Context

5 past events · Latest: Feb 12 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 12	Louisiana EM contract	Positive	+4.8%	New Louisiana EM contract adding 16th U.S. state and recurring revenue.
Feb 2	Wisconsin 3rd project	Positive	-1.3%	Third Wisconsin EM project via regional partnership after tech evaluation.
Jan 22	North Carolina 3rd EM win	Positive	+5.6%	Third North Carolina EM contract expanding PureOne deployments on recurring model.
Jan 13	Wisconsin 2nd EM project	Positive	-1.6%	Second Wisconsin EM project replacing incumbent GPS systems and adding DV monitoring.
Jan 12	Investor conference	Neutral	-2.1%	Announcement of Sidoti virtual investor conference presentation and 1x1 meetings.

Pattern Detected

Recent contract wins often led to mixed reactions, with some strong gains and several mild pullbacks despite positive headlines.

Recent Company History

Over the past few months, SPCB has repeatedly announced U.S. electronic monitoring wins, including a Louisiana contract adding its 16th new U.S. state and its 17th new provider partnership, plus follow-on projects in Wisconsin and North Carolina using its PureSecurity and PureOne platforms. These agreements commonly feature recurring revenue models and incumbent displacement. Price reactions to these positive updates have been inconsistent, with both mid-single-digit gains and modest declines, suggesting that execution updates alone have produced variable short-term responses.

Market Pulse Summary

This announcement highlighted SuperCom’s continued U.S. expansion, securing a 4th Kentucky electroni...

Analysis

This announcement highlighted SuperCom’s continued U.S. expansion, securing a 4th Kentucky electronic monitoring contract and contributing to over 35 new wins since mid-2024 under recurring revenue models. The deal involved displacing an incumbent provider and expanding deployment of its PureSecurity GPS platform. Recent history shows multiple similar wins across states like Louisiana, Wisconsin, and North Carolina. Investors may track contract count growth, geographic diversification, and recurring unit volumes alongside the share’s position relative to the 200-day MA at $9.76.

Key Terms

electronic monitoring, gps, recurring revenue model, iot, +1 more

5 terms

electronic monitoring technical

"secured a new direct agency electronic monitoring (EM) contract with a county"

Electronic monitoring is the use of digital devices and software to collect, transmit and review real‑time data about people, equipment or processes for safety, compliance or performance — in medical and regulatory settings this often means remote patient tracking and electronic capture of trial or safety data. Investors care because it can speed decision‑making, cut costs and reduce regulatory risk by replacing paper records with a live dashboard, while introducing technology, privacy and compliance considerations.

gps technical

"deploy it's PureSecurity GPS electronic monitoring technology to support"

A global network of satellites and ground stations that provides precise location and time information to devices on Earth; think of it as a map and clock in the sky that tells a device exactly where and when it is. Investors care because GPS underpins navigation for shipping and delivery, fleet and asset tracking, location-based services, autonomous vehicles, and precise timing for financial networks—so changes in GPS technology, reliability, or competing systems can affect revenue, costs, and risk across many industries.

recurring revenue model financial

"The contract follows a recurring revenue model based on daily active units"

A recurring revenue model is a way businesses earn money by providing products or services on a regular, ongoing basis, rather than through one-time sales. It’s similar to a subscription or membership that customers pay for repeatedly, creating a steady stream of income. This model is important to investors because it can indicate stable, predictable earnings and long-term growth potential.

iot technical

"secured solutions for the e-Government, IoT, and Cybersecurity sectors"

The Internet of Things (IoT) describes a network of everyday devices—such as appliances, vehicles, and equipment—that are connected to the internet and can share data automatically. For investors, IoT represents a growing trend that can drive efficiency and innovation across many industries, potentially creating new opportunities for growth and value. Its expansion influences how companies operate and compete in a digitally connected world.

rfid technical

"all-in-one field-proven RFID & mobile technology and product suite"

RFID, or Radio Frequency Identification, is a technology that uses radio waves to automatically identify and track objects, animals, or people. It involves small tags or chips that emit signals when scanned, similar to a barcode but without needing direct line-of-sight. For investors, RFID enhances supply chain efficiency and inventory management, potentially reducing costs and improving business operations.

AI-generated analysis. Not financial advice.

Kentucky momentum continues as SuperCom advances its broader U.S. growth strategy

Direct agency selection and incumbent displacement validate technology, execution, and market positioning

NEW YORK, March 10, 2026 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today announced that it has secured a new direct agency electronic monitoring (EM) contract with a county government agency in Kentucky. The agreement marks SuperCom's 4^th new contract in the state since mid-2024, building on the Company's growing momentum across neighboring jurisdictions.

SuperCom will deploy it's PureSecurity GPS electronic monitoring technology to support the county's offender supervision program. The contract represents a full displacement of the incumbent EM technology provider following a direct evaluation process. The contract follows a recurring revenue model based on daily active units, further expanding SuperCom's recurring revenue base while strengthening its operational presence in Kentucky.

"This contract reflects more than a single county win. It is another step in our broader U.S. growth strategy, where we build density within states, displace incumbent providers, and use successful deployments to support additional agency wins," said Ordan Trabelsi, President and CEO of SuperCom. "Each new win helps validate our technology, our operational execution, and our ability to consistently convert market opportunity into recurring revenue."

"The fact that this agency selected SuperCom directly and chose to replace an incumbent provider is especially meaningful," Trabelsi continued. "It demonstrates that our platform is performing where it matters most, in real-world agency evaluations and procurement decisions. We believe this kind of validation strengthens our position for continued growth across Kentucky and in other target jurisdictions."

"Our U.S. strategy remains focused on disciplined regional growth, where each new deployment helps create local credibility, stronger referenceability, and a broader foundation for future wins," Trabelsi added. "With over 35 new contract wins since mid-2024, we believe we are continuing to execute on a scalable model for long-term expansion in the U.S. corrections market."

SuperCom's PureSecurity Suite is a best-of-breed electronic monitoring platform offering advanced GPS tracking, anti-tamper mechanisms, secure communications, and energy-efficient device architecture designed to maximize battery life and operational uptime. The system supports correctional facilities and law enforcement agencies with reliable, scalable supervision tools that enhance public safety and offender compliance.

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 U.S. Securities and Exchange Commission (the "SEC") on April 28, 2025 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 do 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.

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SuperCom Investor Relations:

ir@supercom.com

View original content:https://www.prnewswire.com/news-releases/supercom-secures-4th-new-electronic-monitoring-contract-in-kentucky-expansion-momentum-continues-302709540.html

SOURCE SuperCom

FAQ

What did SuperCom (SPCB) announce on March 10, 2026 about Kentucky contracts?

SuperCom announced a new county electronic monitoring contract in Kentucky, its 4th since mid-2024. According to the company, the agreement displaces the incumbent and will deploy PureSecurity GPS under a recurring daily active units revenue model, strengthening its regional presence.

How does the new SPCB contract in Kentucky affect recurring revenue?

The contract contributes to recurring revenue through a daily active unit model. According to the company, revenues from monitored units recur daily, helping stabilize cash flow and expand SuperCom's recurring revenue base as deployments scale across jurisdictions.

What product will SuperCom (SPCB) deploy under the new Kentucky agreement?

SuperCom will deploy its PureSecurity GPS electronic monitoring platform for offender supervision. According to the company, PureSecurity offers GPS tracking, anti-tamper features, secure communications, and energy-efficient device design for extended operational uptime.

Why is incumbent displacement important for SuperCom's (SPCB) U.S. strategy?

Displacing an incumbent signals competitive validation in procurement and operations. According to the company, direct agency selections and incumbent replacements build local credibility, referenceability, and momentum for further wins within targeted U.S. regions.

How many U.S. contract wins has SuperCom (SPCB) reported since mid-2024?

SuperCom reported over 35 new contract wins in the U.S. since mid-2024. According to the company, this run rate supports a disciplined regional growth strategy aimed at building density and scalable market expansion in corrections and public safety.