NEW YORK, December 22, 2016 /PRNewswire/ --
SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, Public Safety, HealthCare, and Finance sectors announced today that Leaders in Community Alternatives (LCA), a subsidiary of SuperCom, has been selected to implement and deploy a community-based supportive services program to reduce recidivism in a new county in Northern California, further expanding its presence in the state.
This new program, which is expected to commence in February 2017, is valued at approximately $500,000 per year and was awarded for an initial term of 18 months with an optional extension of up to five years, which equals $750,000 to $2.5 million in total program revenue. Based on historical information, similar programs typically run for three to five years before being put out for bid again.
Under the contract, LCA will provide a comprehensive employment program providing evidence-based and individualized services that contribute to a reduction in recidivism. These type of programs are aimed at supporting those reentering the community from periods of incarceration. The program is expected to provide LCA with a valuable platform in this county opening up other potential growth opportunities.
"Having served municipalities in the State of California since 1991, we are pleased to have been chosen by a new county customer for this engagement and believe this decision is a testament to the value of our services and the quality of our work to date," commented Ms. Linda Connelly, Founder and President of LCA. "We look forward to leveraging our expertise and the capabilities of SuperCom to bring additional value to this county in California and the people it serves."
Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification and security solutions to governments and organizations, both private and public, throughout the world. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, livestock monitoring, and building and access automation.
SuperCom's website is http://http://www.supercom.com
About Leaders in Community Alternatives, Inc. (LCA)
LCA is one of California's leading private criminal justice organizations, providing community-based services and electronic monitoring programs to government agencies for more than 25 years. LCA's treatment services are evidence-based and built on best practices designed to break the cycle of recidivism. LCA offers a holistic approach with programs addressing cognitive and behavioral issues and alcohol and substance abuse. Geared towards individuals involved in cases with criminal and family courts, LCA offers proven solutions for governmental institutions across California in addressing realignment strategies and plans. Linda Connelly is its founder, President and CEO.
LCA's website: http://www.lcaservices.com
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded or followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Forward-looking statements in this release also include statements about business and economic trends. Investors should also consider the areas of risk described under the heading "Forward Looking Statements" and those factors captioned as "Risk Factors" in the Company's periodic reports under the Securities Exchange Act of 1934, as amended, or in connection with any forward-looking statements that may be made by the Company. These statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements arising from the annual audit by management and the Company's independent auditors. The Company undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release.
SuperCom Corporate Contact:
Ordan Trabelsi, President Americas