SuperCom (SPCB) said Monday it signed seven electronic monitoring contracts with sheriff agencies in South Dakota for the use of its PureOne GPS tracking technology, marking the company's entry into the state.
Financial terms were not provided.
South Dakota is the fourth new state SuperCom has entered since August, with additional agreements expected as part of its growth strategy in the region, the company said.
Shares were up 9.9% in recent trading.
Price: 4.18, Change: +0.34, Percent Change: +8.85
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