SPCB - SuperCom Announces New Contract Win in North California | Benzinga
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.
The initiative represents a significant collaboration between LCA, its local partners. The program aims to support youth reentering the community by delivering high-quality, individualized services that link them to appropriate resources and support systems, ultimately aiding in their successful reintegration and reducing recidivism.
"We are honored to lead this critical initiative. This program underscores our commitment to providing comprehensive support services that make a tangible difference in the lives of young individuals. By focusing on evidence-based case management, we are addressing some of the most pressing needs of youth in transition," commented Ordan Trabelsi, President and CEO of SuperCom.
"This new contract allows us to expand our reach ...