SuperCom Selected For $22M In New Contracts

SuperCom Ltd. SPCB, a leading provider of Electronic Intelligence Solutions for National ID, Public Safety and Healthcare, today announced that it has been selected as the winning bidder for new contracts representing more than $22 million in size. SuperCom will provide its various core and flexible electronic-ID solutions, with potential for additional follow-on orders in the future as is commonly realized with new customers. The majority of the revenue from the implementation of these contracts will be recognized within the next 9 months. Commented Arie Trabelsi, President and CEO of SuperCom, "We are very pleased to have been selected as the winning bidders for these new significant contracts, clearly demonstrating our abilities and success in monetizing our vast and growing pipeline. We believe that these type of contracts are the initial stage in our building of a long-term relationship with new customers and will potentially bring us additional orders in the future. We continue to see fantastic growth in demand for our e-ID and M2M solutions globally, and we believe our success so far in 2014 only marks the beginning of strong and exciting international growth."