SuperCom Bags New $1M Project In Central Coast California

SuperCom Ltd. 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.