SuperCom Secures New Electronic Monitoring Contract in Utah, Expanding U.S. Presence into 8th New State in Less Than a Year

Rhea-AI Summary

SuperCom has won a new electronic monitoring contract in Utah through a competitive bidding process, marking its eighth new U.S. state expansion in less than a year. The contract, awarded by a regional Court Support Services agency, will implement GPS-based tracking technology across multiple populations including adult, juvenile, pretrial, and diversion groups.

The agreement features both equipment purchases and a daily service rate model, creating recurring revenue opportunities. The program allows for future expansion into SuperCom's 24/7 Monitoring Center services. This expansion contributes to SuperCom's growing presence in the U.S. electronic monitoring market, which is projected to reach $2.3 billion by 2028.

CEO Ordan Trabelsi highlighted that winning against established providers demonstrates their GPS platform's strength and market confidence. The company, founded in 1988, specializes in digital identity solutions and e-Government platforms, providing security solutions to governments and organizations worldwide.

Positive

• Won competitive bid for electronic monitoring contract in Utah against established providers
• Expanded into 8 new U.S. states in less than a year showing rapid market penetration
• Contract includes equipment sales and recurring revenue from daily service rate model
• Potential for future service expansion with 24/7 Monitoring Center capabilities
• Operating in growing U.S. electronic monitoring market projected to reach $2.3B by 2028

Negative

• None.

New Court Support Services Program Awarded Through Competitive Process

TEL AVIV, Israel, April 29, 2025 /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 electronic monitoring (EM) contract in Utah, marking its eighth new U.S. state entry since mid-2024. The contract was awarded through a competitive Request for Bid (RFB) process, where SuperCom's solution was selected over multiple other vendors following a detailed evaluation, further reinforcing SuperCom's momentum in displacing legacy systems with its advanced GPS-based electronic monitoring platform.

The program, initiated by a regional Court Support Services agency, will utilize SuperCom's advanced GPS tracking technology across adult, juvenile, pretrial, and diversion populations. The agreement includes the purchase of equipment and a daily service rate model, generating recurring revenue with long-term potential, and allows for future service expansion, such as SuperCom's 24/7 Monitoring Center capabilities. This contract further strengthens SuperCom's presence in the U.S. electronic monitoring market, which is projected to reach $2.3 billion by 2028.

"Winning this competitive bid—against established providers—demonstrates the strength of our GPS platform and the confidence agencies place in our ability to deliver results," said Ordan Trabelsi, President and CEO of SuperCom. "Our entry into an eighth new U.S. state in under a year is not just a milestone—it's evidence of good adoption momentum and our proven ability to replace outdated systems nationwide."

"We're proud to support this new agency as they launch a high-impact GPS monitoring program," Trabelsi added. "Each deployment helps agencies enhance public safety with greater precision and control. As we expand across the U.S., we remain committed to delivering scalable, future-ready technology that empowers our clients and continues to set SuperCom apart."

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 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.

SuperCom Investor Relations:
ir@supercom.com

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SOURCE SuperCom

FAQ

How many new US states has SuperCom (SPCB) expanded into since mid-2024?

SuperCom has expanded into 8 new US states in less than a year since mid-2024, with Utah being the latest addition through a competitive electronic monitoring contract.

What is the market size potential for SuperCom's (SPCB) electronic monitoring business in the US?

The US electronic monitoring market is projected to reach $2.3 billion by 2028, representing significant growth potential for SuperCom's GPS tracking technology.

What services will SuperCom (SPCB) provide in the new Utah contract?

SuperCom will provide advanced GPS tracking technology for adult, juvenile, pretrial, and diversion populations, with potential expansion to include 24/7 Monitoring Center capabilities.

How will the new Utah contract generate revenue for SuperCom (SPCB)?

The contract includes equipment purchases and a daily service rate model, creating recurring revenue streams with long-term growth potential.

What competitive advantage did SuperCom (SPCB) demonstrate in winning the Utah contract?

SuperCom won the competitive bid by demonstrating superior GPS platform capabilities against established providers, showing their ability to replace legacy systems with advanced monitoring technology.