SuperCom Secures Multi-Year National Contract with Nordic European Country

SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, has announced winning a new multi-year national contract with the government of a Nordic European country. The contract, valued at nearly $1 million with a potential increase to $2 million, is set to be rolled out over the next three months. Under this contract, SuperCom will deliver core elements of its e-Gov turnkey biometric identification solutions, including national ID, passport, and visa identification, to boost national security and combat identity theft attempts.



The order will be rolled out over the next three months, with SuperCom providing long-term system maintenance and support throughout the duration of the contract. The company's e-Gov division has been operating in the national ID and e-Government industry for over 30 years, with national identification projects rolled out in more than 20 countries across five continents. This latest contract further solidifies SuperCom's position as a leading provider of secure identification solutions worldwide.



Arie Trabelsi, President and CEO of SuperCom, expressed his enthusiasm about the new win, stating, "This new win with an existing customer demonstrates not only the additional revenue opportunities within our current customer base but also the continued relevance and demand for our solutions even during the global COVID-19 crisis, affecting most countries around the world." Trabelsi also highlighted the company's ability to maintain and grow high-margin recurring revenue streams, even in the face of macroeconomic storms and shifts.

SuperCom's e-Gov division has a proven track record of delivering robust and secure Multi-ID documents and digital identity solutions to governments and national agencies. The company's proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance, and border control services have inspired governments to adopt secure and efficient identification systems.

In addition to its e-Gov division, 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. The company's commitment to innovation and adaptability has enabled it to maintain a strong position in the market, even in the face of changing customer needs and market conditions.

As SuperCom continues to expand its global footprint, winning new contracts with governments around the world, investors can expect to see further growth and success from this leading provider of secure identification solutions. With a strong focus on innovation, customer satisfaction, and adaptability, SuperCom is well-positioned to capitalize on the growing demand for secure and efficient identification systems in the years to come.