SuperCom Awarded New ~$17M National Electronic Monitoring Contract By Sweden's Prison And Probation Service.

SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, is pleased to announce it has been awarded a new national electronic monitoring (EM) contract by Sweden's Prison and Probation Service. The win marks SuperCom's fourth contract win in the country since its entry. Under the contract, SuperCom will deploy its PureSecurity Electronic Monitoring (EM) Suite across a broad range of public safety programs, including GPS tracking of offenders, home detention monitoring, and indoor facility monitoring. The contract also provides an opportunity for additional programs of substantial size, such as alcohol monitoring, to be added in the near future.

The award was won through a formal bid process in which five companies participated, including the previous long-term incumbent and SuperCom, the current EM provider for the Swedish Prison and Probation Service. The process took over one year and included technology evaluations by the contracting authority. Under the terms of the award, the contract value, based on the government's internal budgeting, is approximately USD $17 million, spread over a term of up to nine years.