SuperCom Expands into 15th New State with New Electronic Monitoring Contract in North Carolina | SPCB Stock News

SuperCom continues its track record of displacing incumbent vendors and secures 16th new service provider partnership since mid-2024 , /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors, announced today a new electronic monitoring (EM) service provider contract in the state of North Carolina. This marks SuperCom's first contract for deployment of units in North Carolina and continues the company's nationwide expansion, now reaching 15 U.S states since mid-2024.Per the agreement, SuperCom will serve as the primary EM technology partner for the North Carolina based provider. The deployment includes a transition of existing GPS tracking infrastructure to SuperCom's proprietary technology and software platform. The contract will follow a recurring revenue model based on active daily units. This contract is not related to procurement vehicle contract awarded to SuperCom by the North Carolina Sheriff's Association earlier this year.The decision by the North Carolina service provider follows a competitive evaluation of available solutions and reflects continued demand for SuperCom's advanced EM solutions among regional providers seeking to modernize and enhance their programs. This win further strengthens SuperCom's track record of displacing incumbent vendors and highlights the increasing adoption of its next-generation technology among public safety agencies natiowide."Our entry into North Carolina represents another meaningful step in our U.S. expansion strategy through our growing network of trusted service providers and direct agency customers," said Ordan Trabelsi, President and CEO of SuperCom. "This win reflects the continued momentum we're building across the U.S., with 16 service provider contracts signed and 15 new states entered since mid-2024. These wins demonstrate our ability to displace incumbents, ramp quickly, and establish a durable presence in new geographies." "With record net income of $6 million and EBITDA margin exceeding 35% through the first nine months of 2025, we maintain the operational and financial strength to support continued expansion. We remain well-positioned and poised to scale nationally while delivering long-term value for all stakeholders," Trabelsi concluded.About SuperComSince 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification, and security solutions to governments and organizations, both private and public, worldwide. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance, and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries, including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, and domestic violence prevention. For more information, please visit SuperCom's website: www.supercom.comCautionary Note Regarding Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded or followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical or current facts. These forward-looking statements are subject to risks and uncertainties that could cause our actual results to differ materially from the statements made. Examples of these statements include, but are not limited to, statements regarding business and economic trends, the levels of consumer, business and economic confidence generally, the adverse effects of these risks on our business or the market price of our ordinary shares, and other risks and uncertainties described in the forward looking statements and in the section captioned "Risk Factors" in our Annual Report on Form 20-F for the year ended December 31, 2024, filed with the U.S. Securities and Exchange Commission (the "SEC") on April 28, 2025 our reports on Form 6-K filed from time to time with the SEC and our other filings with the SEC. Except as required by law, we not undertake any obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release.SuperCom Investor Relations:ir@supercom.comLogo - https://mma.prnewswire.com/media/1717536/SuperCom_Logo.jpgSOURCE SuperCom