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State’s Juvenile Detention Problems Highlight Need for SuperCom Ltd. (NASDAQ: SPCB) EM Tracking Solution

By: Investor Brand Network
November 27, 2024 at 07:50 AM EST
  • The state of Illinois has been struggling with the need to find space in juvenile detention facilities for offenders, due to the state’s problems with staffing levels, quality of services, and watchdog complaints about the quality of juvenile detention facilities and services
  • The state is now using electronic monitoring (“EM”) as a must-have alternative to the shuttered or reduced detention facilities
  • Israel-based SuperCom is a global leader in EM technology innovations that provide greater security, discretion and functionality than industry-standard tracking models
  • SuperCom has secured a number of significant contracts during the past year, adding to the reputation the company has been building since 1988

A dearth of confinement options for juvenile crime suspects in Illinois highlights the importance of effective electronic monitoring (“EM”). Amid concerns about lax standards, staffing shortages, a fatal shooting, and hundreds of child abuse allegations involving juvenile detention centers that have been shuttered throughout the state (https://ibn.fm/hKWKY), Illinois court officers are turning to EM technology as their only option.

Two recent cases note juveniles were arrested because of concerns about violent behavior — one involving gun violations (https://ibn.fm/BEpRq) and another involving threats against a school administrator and fellow students (https://ibn.fm/DaO1l).

EM technology innovator SuperCom (NASDAQ: SPCB) is building clientele worldwide thanks to its strong reputation for competitive products and services that respond to the type of need being so urgently demonstrated in Illinois.

SuperCom’s end-to-end solution is an improvement over the bulky ankle monitors that have become the industry standard. Its GPS tracking technology is a sleek, waterproof design that can be worn discreetly while providing the means for reliable offender tracking and 24/7 monitoring, as well as seamless notification to authorities and identified potential victims through common smartphone functionality.

The solution — the PureSecurity platform — tracks the monitored individuals’ location in real-time, including a three-dimensional footprint based on elevation measurement, while also monitoring the location of participating victims in cases such as domestic violence incidents.

The company has announced several new contracts in the United States and Europe during the past year and has served over 50 governments and 100,000 individuals since its founding in 1988.

On Nov. 14, SuperCom discussed its financial results for the third quarter during a conference call with investors (https://ibn.fm/1anLt). Earlier, during a recent appearance at a micro-cap conference, company executives highlighted a $32 million project in Romania. SuperCom President and CEO Ordan Trabelsi stated the contract is “substantial” because Romania has some 15,000 offenders that will be monitored through the program, and it is moving toward establishing the contract as a reference point for other potential clients.

“If you put someone on house arrest, you’re saving 90% of the costs, direct costs (of incarceration),” Trabelsi said during the conference (https://ibn.fm/p7tb5). “Over half a percent of the U.S. is in prison. That’s a very high rate; certainly not effective, not cost-effective, and not effective in terms of increasing public safety.”

For more information, visit the company’s website at www.SuperCom.com.

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

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