Benzinga | Oct 7, 2021 10:24AM EDT

SuperCom Bags New $1M Project In Central Coast California

* SuperCom Ltd. (NASDAQ:SPCB) subsidiary, Leaders in Community Alternatives (LCA), secured a new project with a probation department in Central Coast California to provide rehabilitative services.

* The new project is valued at ~$1 million over a term of three years or approximately $340,000 per year. It is expected to launch and start generating recurring revenue before the end of 2021.

* This project, which also emphasizes employment services for women, supports those reentering the community from periods of incarceration by providing evidence-based and individualized services that contribute to a reduction in recidivism.

* Price Action: SPCB shares are trading lower by 1.06% at $0.94 on the last check Thursday.