Jun. 1 at 5:21 PM
SuperCom (NASDAQ:
$SPCB ) wins
$1.8M national electronic monitoring contract in Norway after receiving the top score in a competitive bid process.
SuperCom Ltd. (NASDAQ: SPCB) was awarded a new national electronic monitoring contract by Norway’s Prison and Probation Service, marking Norway as the fifth and final Nordic country to select the company’s PureSecurity Suite, joining existing electronic monitoring deployments in Sweden, Denmark, Finland, and Iceland.
SuperCom Ltd. is a B2i Digital Featured Company. See the company’s profile at https://b2idigital.com/supercom.
The contract was awarded following a competitive RFP process that included a pre-qualification phase, product evaluations, and multiple offer phases, with SuperCom achieving the highest technology score and the highest total score. The deal is structured around an initial three-year term valued at approximately
$1.8 million, with options for extension, and is expected to include roughly 1,000 monitoring units with options to grow over time. Under the contract, SuperCom will deploy its PureSecurity Electronic Monitoring Suite across Norway, supporting GPS tracking of offenders, RF-based monitoring, and facility-based supervision. The award will go through a customary standstill waiting period before the contract is signed and the project launches.
According to the company, the win builds on SuperCom’s international momentum, which now spans more than 20 national project wins across Europe in recent years and more than 40 new contracts across the U.S. since mid-2024. Ordan Trabelsi, President and CEO of SuperCom, commented: “Winning Norway’s national electronic monitoring project is a meaningful, long-awaited milestone for SuperCom and a further validation of our technology and execution capabilities at the national-government level. Displacing the incumbent in this competitive process reinforces our position as a leading provider of innovative, field-proven electronic monitoring solutions and underscores our expansion potential.”
See the full release: https://www.prnewswire.com/news-releases/supercom-wins-1-8-million-national-electronic-monitoring-contract-in-norway-302787101.html
Disclosure: David Shapiro, Chief Executive Officer of B2i Digital, personally purchased in the open market and currently owns shares of unrestricted SPCB stock, in line with B2i Digital’s practice of investing alongside its Featured Companies. See the complete Disclosure at https://b2idigital.com/disclaimer. B2i Digital is not a broker-dealer or investment adviser. This post is informational and not an offer or solicitation regarding any security.
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