SuperCom: Nearly doubles on new contract

Supercom

30/11/2020 12:41

** Shares of tracking products maker  SPCB.O  up 93.7% at
$1.66 pre-market; stock is one of the top percentage gainers on
the Nasdaq
    ** Co secures a contract to provide its PureSecurity
Electronic Monitoring suite, a GPS tracking platform, in
Wisconsin  urn:newsml:reuters.com:*:nPn99vYDza
    ** Financial terms of the contract were not disclosed
    ** Co's PureSecurity Suite includes security products that
have anti-tamper mechanisms, fingerprint biometrics, voice
communication and touch screens
    ** The company had reported a revenue of $6.8 mln for the
first half of 2020 in Sept; it had also announced the signing of
signed a live offender pilot contract in the Caribbean region
 urn:newsml:reuters.com:*:nNRAcvti0d
    ** As of Friday's close, stock has gained 38.05% YTD

 (Reporting by Rithika Krishna)
 ((Rithika.Krishna@thomsonreuters.com;))