Replies to post #367 on Hidden Gems (GEMorJAM)

[midastouch017]

Re : SPCBF

Supercom Receives Follow-on Order for $1.25 Million

Monday April 3, 7:42 am ET

Following the Successful Implementation of e-ID System; Expects Further Orders Over the Long-Term

QADIMA, Israel, April 3 /PRNewswire-FirstCall/ -- SuperCom Ltd. (OTCBB:SPCBF.OB ; Euronext: SUP), a leading provider of smart card and electronic identification (e-ID) solutions, today announced that it has received a follow-on order from one of its Governmental customers, following the successful implementation of an e-ID system that was delivered to the customer in 2005.

The contract, which includes raw materials supply, maintenance and software support services over a period of 5 years starting from the first quarter of 2006, is valued at $1.25 million.

"Our success in the first stage of this project led to this follow-on order", said Eyal Tuchman, CEO of Supercom. "This order demonstrates the overall strength in our business model and the visibility that it provides to our revenue stream for the upcoming years. We believe the strong working relationship that we have and are continuously building with this client will lead to further orders over the long-term."

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