SuperCom(NASDAQ: SPCB) shares retreated Thursday. The Tel Aviv-based company, a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that it has successfully secured new electronic monitoring contracts with multiple Sheriff agencies across West Virginia. These contracts leverage SuperCom's innovative PureOne suite, enhanced with both cellular and WiFi communication capabilities, to provide robust monitoring solutions in rural areas with limited cellular coverage.
Said CEO Ordan Trabelsi "We are excited to partner with Sheriff agencies across West Virginia to bring our cutting-edge PureOne technology to their communities. These contracts highlight our dedication to innovation and our ability to meet the diverse needs of law enforcement agencies, especially in challenging environments.”
These newly initiated contracts are already generating recurring revenue, further solidifying SuperCom's footprint in the U.S. market, particularly in rural regions where robust and reliable monitoring solutions are crucial.
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.
SPCB shares lost 31 cents, or 8.7%, to $3.28.
