SuperCom has delivered a portable Biometric Access Control System to a Major Western Army
Expected revenues of $500,000 – $1,000,000 in 2004
Ra’anana, Israel, March 11, 2004–SuperCom (Euronext: SUP), has delivered a portable biometric access control system to a major western army. SuperCom’s DynaGate FP780, a portable access control technology offers critical features for use in dynamic environments. It is designed for military bases, international airports, train and bus terminals, and major cultural and sports events. As a portable data collection device providing unprecedented flexibility for smart card data biometric access control acquisition, it is intended for mobility where quick installation and immediate operation are critical. DynaGate enables biometric security features at every access point for secured environments. This wireless data collection unit is fully self-contained with all required components.
Eyal Tuchman, Supercom CFO, commented “the implementation of our wireless biometric solution by this strategic customer will open a new line of business for the DynaGate product family in security projects around the world, such as the initiatives of the Homeland Security Department in the US to secure airports, seaports and others. We see that the potential revenues for SuperCom from this market are substantial and we anticipate that it will contribute in 2004 between $500,000 – $1,000,000 to our revenues.”
SuperCom Ltd. is engaged in research, development and marketing of advanced technologies and products for government secured ID projects and Smart Card production technology. SuperCom provides customized solutions and advanced technologies to produce secure and durable documents such as national identity cards, passports, visas, driving licenses and vehicle registration. SuperCom also provides application software for the management of national population registries. Together with its subsidiaries, SuperCom offers advanced, innovative and flexible solutions in contactless smart card technologies. Headquartered in Israel, SuperCom has offices in the United States and Hong Kong.
For further information, please contact:
Mr. Eyal Tuchman, CFO
+972 9 775 0800
Safe Harbor This news release contains forward-looking statements. Such statements are valid only as of today, and SuperCom disclaims any obligation to update this information. These statements are subject to known and unknown risks and uncertainties that may cause actual future experience and results to differ materially from the statements made. These statements are based on SuperCom’s current beliefs and expectations as to such future outcomes. Factors that might cause such a material difference include, among others, the continuance of operational losses and other factors that will be described in its filings with the Commission.