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SuperCom Ltd. (NASDAQ: SPCB) Expands European Presence with New $7 Million German Contract, Covering Multiple Programs

  • The electronic monitoring (“EM”) company won Germany’s national EM  contract, valued at up to $7 million over four years.
  • SuperCom displaced a provider that had supplied the country’s EM technology for more than 20 years.
  • Germany becomes the ninth nation to adopt SuperCom’s domestic violence solution.
  • Contract covers multiple programs, including GPS tracking, domestic violence monitoring, home detention, and alcohol monitoring.

SuperCom (NASDAQ: SPCB), a global provider of secured e-Government, IoT, and cybersecurity solutions, has been awarded a national electronic monitoring (“EM”) contract in Germany, marking a strategic expansion into Europe’s largest economy. The program budget is estimated at $7 million over four years, with actual revenues depending on usage levels, according to a company news release (https://ibn.fm/83moK).

The contract was secured through a competitive tender that included multiple global vendors. For more than two decades, Germany’s EM systems had been provided by the same supplier. SuperCom’s selection reflects a shift in how European governments are approaching offender monitoring and domestic…

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

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