SuperCom Awarded New Contract In North California; Expected To Generate Nearly $500,000 In Annual Recurring Revenue

Expected to generate nearly $500,000 in annual recurring revenue, this new contract continues SuperCom's momentum as the fourth new contract win in North America in 2024

TEL AVIV, Israel, May 23, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today that its fully-owned subsidiary, Leaders in Community Alternatives (LCA), has secured a new contract to provide housing and evidence-based case management services to youth and those transitioning from housing. This program is set to begin in the summer of 2024 and will run for an initial term of two years. The client has indicated it plans to extend the program after this two-year period.