Benzinga | Jan 10, 2022 01:45PM EST

SuperCom Secures New Wyoming Government Electronic Monitoring Contract

* SuperCom Ltd (NASDAQ:SPCB) secured a new electronic monitoring contract in Wyoming with an Adult and Juvenile Probation Agency. Financial terms were not disclosed.

* The agency will be using SuperCom's PureTrack GPS smartphone products to monitor their caseload for location compliance.

* The contract is structured as a recurring per unit per day lease model, with billing at the end of each month.

* "We are pleased to start 2022 with another government contract win and expansion into another US state. This is our first customer in Wyoming and adds to a diverse mix of government agencies around the world in our customer base," said CEO Ordan Trabelsi.

* Price Action: SPCB shares are trading lower by 0.68% at $0.50 on the last check Monday.