SuperCom Signs Half-Million Dollar Passport Agreement with European Government
NEW YORK and RA’ANANA, Israel, June 21 /PRNewswire-FirstCall/–SuperCom Ltd. (OTCBB: SPCBF.OB; Euronext: SUP), a leading provider of smart card and electronic identification (e-ID) solutions, today signed a three-year follow-on agreement with a European government. The agreement is for the supply of technology and maintenance services, together with an upgrade of existing passport production equipment previously deployed for the customer by the Company.
Commenting on the agreement, SuperCom’s CEO, Avi Schechter, said, “We are proud to report this follow-on order, which increases our recurring revenues and backlog for the coming years. It also demonstrates the benefit of our business model, in which each customer represents the potential for repeat business.”
SuperCom, Ltd. provides innovative solutions in smart-card and e-ID technologies to the commercial and government sectors. The Company offers a wide range of standard and customized smart-card-based solutions for physical and logical security, education, corrections facilities and air & seaports. It is also a leader in the manufacturing of secure and durable documents such as national identity cards, passports, visas, drivers’ licenses and vehicle registration to improve homeland security, governmental efficiency and document ease of use. Headquartered in Israel, SuperCom has subsidiaries in the US and Hong Kong. For more information, visit our website at http://www.supercomgroup.com.