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SuperCom Ltd. (NASDAQ: SPCB) Anticipating Increase in Demand for EM Solutions

By: Investor Brand Network
March 12, 2024 at 09:50 AM EDT
ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.
  • Studies have proven that Electronic Monitoring (“EM”) solutions reduce reoffending within 24 months by 16%, and for individuals aged 30 years and under, it reduces reoffending by 43%
  • These solutions have also been shown to reduce criminal justice costs by about $30,000 for each eligible offender
  • With such benefits and the validation that comes with governments around the world adopting EM solutions, SuperCom anticipates a significant uptick in the demand for EM solutions

SuperCom (NASDAQ: SPCB), a global leading provider of traditional and digital identity solutions offering advanced safety, identification, and security products, projects an uptick in demand for Electronic Monitoring (“EM”) solutions. This stems from the growing realization and acknowledgment of the effectiveness of these solutions when correctly applied, having proven to reduce reoffending and criminal justice costs.

A study published by the IZA Institute of Labor Economics noted that EM solutions, such as SuperCom’s One-Piece GPS Tracking and Two-Piece GPS Tracking, reduced reoffending within 24 months by 16% compared to serving a prison sentence. It was further noted that for offenders aged 30 years or less, the…

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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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