🟢 Supercom surges 5.9% on major Georgia electronic monitoring contract win

Supercom is trading at $10.94, up 5.9%, following the announcement of a new electronic monitoring contract with a Georgia-based private probation service provider.

• The contract marks SuperCom's 18th new service provider agreement since mid-2024, displacing an incumbent of over 15 years.
• The initial deployment size for SuperCom's PureOne GPS units is estimated to be more than twice as large as any other U.S. service provider deployment the company has signed since mid-2024.