SuperCom Ltd (NASDAQ: SPCB), a global provider of secure solutions for the e-government, public safety, healthcare, and finance sectors, said its M2M(IoT) division has signed a USD2.5 million agreement to deliver its PureLock suite, hybrid of products and applications for the tracking and monitoring of assets customized for the transportation and cargo/freight management sector.
The agreement is with a large cargo management organization in South America to deliver PureLock solutions for Cargo tracking and monitoring in various locations and transportation routes throughout the continent, with significant potential to increase the quantity and value represented in the original agreement.
PureLock is an electronic seal and cargo tracking and monitoring platform. SuperCom has leveraged its existing technology base to introduce innovative features such as secure cloud technologies, mobile/GPS applications, locker tamper and customizable alerts, high performance analytics, secure real time location and extremely long battery life.
The company has begun offering this enhanced suite to customers in the US, Europe, South America and Africa.
Since 1988, SuperCom has been a leading global provider of traditional and digital identity solutions, providing advanced safety, identification and security solutions to governments and organizations, both private and public, throughout the world.