I'd now like to turn the floor over to today's host, Ordan Trabelsi, Chief Executive Officer of SuperCom, Inc. Please go ahead. Thank you, and hello, everyone. Welcome to SuperCom's Investor Presentation, September 2026. I'm going to slide along here, and at the end, we'll have some time for Q&A. The general safe harbor statement. Here we have a little overview of SuperCom. We've been around since 1988. Since then, we've been a global provider of electronic security solutions to governments around the world. We are focused in recent years on offender electronic monitoring services, essentially ankle bracelets and complimentary services for house arrest, GPS monitoring, alcohol monitoring, and so forth, which we'll go more into. Other than that, it's on the Nasdaq Capital Market trading at Nasdaq SPCB. I, myself, as the CEO and other senior management transitioned in February 2021, and since then, we've been on a very nice run. We've had a CAGR over the last four years of roughly 30% for our electronic monitoring business. We've had an EBITDA CAGR of 47% over the last four and a half years, leading to a trailing 12-month EBITDA of $11.7 million. As of Q2 2026, we invested over $45 million into the R&D of this unique proprietary platform for electronic monitoring that we developed. With this technology, we were able to expand very effectively in Europe with over 20 national electronic monitoring project wins and over 45 new contracts in the U.S. across 28 new states since mid-2024. A lot of our technologies are delivered with a strong patent portfolio, and we have a track record of working with over 70 different government customers and over 100,000 individuals around the world. Our mission is to revolutionize public safety worldwide with innovative electronic monitoring technology and complimentary services. The reason why this mission is so important is because right now there are some worldwide challenges with the criminal justice systems. They come from many different directions, but essentially, this leads to high recidivism, prison overcrowding, excessive costs, and ultimately unsafe communities. The high recidivism rate in the U.S. is around 75%. That's the chance of people recommitting crimes and being arrested within five years of their release. That leads to an inflation of the prison population, and the U.S. has the highest prison population in the world, with 570 prisoners per 100,000, which is more than half a percent of the population of the U.S. are behind bars today, and that number is not improving. You could see it's significantly higher than in some of the countries in Europe. Even those countries in Europe, as well as in the U.S., we're seeing prison overcrowding. There's no room to keep people behind bars. Beyond the high recidivism rates and the prison overcrowding, there's excessive cost for this whole operation. There's over $80 billion annually just for running prisons in the U.S., and you could save over 90% of those costs by keeping people on house arrest. With people on house arrest, not only are they saving costs, but they're also allowing themselves to study, to help their family and loved ones, and to prevent themselves from becoming affiliated with other criminals and getting mentored towards the wrong direction. We're trying to help communities to become safer. This is a great solution, great technology that has been proving itself over the last couple of decades. The market is expected to reach $2.3 billion in 2028, growing roughly at a 7.5% CAGR annually. In Europe, the market size is $330 million, and in the U.S., roughly six times that at $1.8 billion. There's only 10 global players, which you see consistently in the competitive tenders. You can't enter the market. It's very highly barrier to entry. You have to show roughly 5 to 10 years of industry experience to even bid on a competitive RFP, and that creates a nice moat in the industry. We're always seeing the same players consistently compete, and we're actually able to perform very well on those tenders and continue to expand within the market and to grow the market within the projects that we have. If we look at our technology, this is all developed in-house at SuperCom. This is the PureSecurity Suite, and it starts with a PureMonitor on the cloud or on-premise at various countries. Essentially, it tracks where the offenders are any given moment, the 24/7 tracking. You could put exclusion zones where they're not allowed to be, such as schools or various locations, inclusion zones, where they're supposed to be in certain times of the day, if they're at work, if they're at home. You see we have an array of different hardware technologies. We have a PureTag that works with the PureTrack, which allows mobile tracking, smartphone tracking, together with the bracelet on the leg, which is tethered. We have the PureOne, which is all-in-one solution, which has been very successful in the U.S. in our recent expansion. The PureProtect here, which is the domestic violence solution, and we're one of the main players in domestic violence sub-market. We're across nine nations already with our solution. Essentially, if somebody causes domestic violence, they receive a bracelet, and then they can't come close to the victims. If they do, the victim's phones alert through our technology. It's a very effective solution, and it really helps to change a lot of the paradigm and really creating traction towards progressing on this massive global problem. We're happy to be at the forefront of finding solutions for that. With our technology, we're able to support a wide array of programs on house arrest GPS monitoring, which allows you to leave the house as well. Domestic violence, which I just described. In-prison monitoring, where we're tracking people in the prison. Alcohol monitoring, we're actually tracking the alcohol levels through the sweat or through breathalyzers. We provide complimentary rehabilitation services, vocational training, anger management, and what have you, to help people to re-enter society in an effective manner. With our technology in the U.S., in the last 2 years, we have secured over 45 new projects, new contracts, which we are very excited about. The progress in the U.S. is just starting still. There is still much more to go. With our technology, which we believe is industry-leading, we have invested over $45 million into it, in developing, and its R&D, and we continue to invest every year. We are able to achieve a win rate in Europe of over 65% in the competitive RFPs. There are 10 global players roughly. We have been able to win more than 65% of the bids, and the rest have won the remainder. A lot of this we attribute to our technology, which we believe is superior in many factors, including the long battery life, where some tags run for a day or 2, and our technology architecture allows you to run for up to a year or more. We have ultra-lightweight solution. The bracelet is ergonomic and it is ultra-lightweight and small. We have next-gen location tech, multiple methods of biometrics. We have video calls that are capable of two-way communication and a domestic violence solution, which we do in a unique way, which has been proven to be very effective. In Europe, which we started several years back, we had a very nice traction. We started with small projects like in Lithuania and Latvia of $100,000 or $200,000 in size, and slowly moved up the ladder in size with larger references, more successful deployment, like this one in Denmark and Finland. In Sweden, we have a $7 million project. We just recently, earlier this year, announced a new project in Sweden from $17 million to $75 million, which is the budget announced by the customer, and that shows the continued belief of the customers in our solution. Romania was over $33 million. Norway, which we just announced earlier this year as well, closes off all the Nordic countries. We essentially displaced incumbents in all of the 5 Nordic countries, and in many of them, we displaced incumbents which were there for 20 or 25 years. We believe that the stickiness of the solutions is the very interesting part of the industry. It is hard to displace someone, but once you do, you have a long-term customer for a very long period of time, just like we saw with Sweden, Norway, or the projects in Israel. There are many opportunities that are still out for bid in various stages. We spoke on the calls about Italy, the projects coming out in Italy or the projects coming out in England, which are very large, and we expect to continue to compete in an effective fashion in the European market and continue to bid on larger projects as well as projects of a medium size and continue to bring on our solution to more customers around the world, or at least in Europe. Furthermore, we discussed the APAC region, South America, Latin America, which we started focusing on, and other areas of the world where we think our technology could be a great fit. We have proven to be very successful in our deployments in the past, and we think that it is time to start looking at other regions as well. Beyond the international markets, in Europe, here are some of the contracts we won up to late. What is nice is once you enter into a geography, there are many other opportunities which are accessible to. Like in Finland, we started one project, and we had another one. In Israel, we won a project which covers all the EM programs in the country. Romania, we started the largest project in 2022 of the 15,000 enrollees and domestic violence. We are looking for, with our customers, that was the first project that they have done in the EM space. So we are happy to be a trusted partner there as they explore more potential solutions. In Norway, we just won a project there. In Sweden, started, like I said, years ago, and we have already done four different project wins in that country, and this latest one is significantly larger than others. Once we get into a region, we start expanding. We offer more capabilities, more programs, more enhancements, and we are a great trusted partner to our customers, hopefully for many years into the future. In the U.S., as I described early on, roughly six times the size of Europe, and the market is very well organized into a solution on the cloud. The pricing is kind of standard, and it is priced per unit per day. Everything is in English. We are able to support it in a much more seamless fashion. We just expanded into the U.S. market in an effective manner two years ago, and we have been expanding at rapid speed into 20 new states already, signed 18 original service providers who have access to all the technology. These are experts in the field, and they chose our technology, which is a great testament to their belief in our capabilities. Together with counties in 20 different states and over 45 contracts in general. Here as well, just like in Europe, we started with small counties, small programs that were maybe 10 or 20 units. We have grown to larger and larger, and over time, we have started winning larger counties and then states, and then at some, state and federal projects. In most of these wins, we displaced an incumbent, again, showing that the customers have chosen our technology over that of existing long-term players in the U.S. market, and we have displaced many different players on different contracts. We are very excited about our trajectory. Everything in the U.S. is per unit per day. It is a very standard structure of recurring revenue with higher margin. We did announce on our latest quarterly call that the technology ARR, the ARR for technology in the U.S., not the services in California, has grown roughly 290% from the summer of 2025 to the summer of 2026. So it is really accelerating very nicely there, and the progress is something we are excited about. A lot of these projects, important to note, whether you look at the U.S. market or the European market, a lot of them are long-term government projects, very sticky, hard to get in, but once you are in, you are there for a long time, especially the large ones that are national, you know, in Europe. The first stage is the collecting information, understanding what the customer wants, what the existing projects look like, teaming up with the right subcontractors, and then putting out the bid, going through evaluations, and then winning and signing the contract. A deployment can be between 3 and 12 months. Sometimes the deployment's even faster. We've done it as quick as 2 weeks or less if the customer needs it. We're very polished with our deployment. We've done so many projects in the last years, and our operations are quite smooth on that section of deploying the project as well as serving our customers into the recurring part of the project, which is just providing more equipment, more services, add-ons, and capabilities. The average that we see in the market for the technology and the services is roughly $2,900 per offender per year. That runs for many years going forward, 5, 15, and more. We've had just a very nice growth over the last 4 years, the CAGR from 2021 to 2025 was roughly 30% for the electronic monitoring business. We continue to invest in growth, of course, in the R&D, and lately we've been developing our sales teams. Our strategy is on multiple fronts. Firstly, we're continuously bidding and hope to win more national projects in Europe, where we have a great reputation, great standing, great references. Our technology is a very good fit for the needs of the European market. We started expanding into the U.S. very effectively 2 years ago, and we're entering through direct bids and through partnerships with our service provider partners, across 20 states so far, and we expect that number to continue to expand. We're considering acquiring service providers to strengthen our presence. We did that in California years back, and that helped us win many new contracts in California, over $35 million of new contracts, and that presence is very valuable to us, which we consider for other areas in the U.S. We are enhancing our proactive sales efforts in the U.S., in Europe, in other markets such as LATAM, as I described, and we're innovating with our technology to unlock new growth opportunities with new sub-markets such as that of domestic violence solution. On multiple fronts, we hope to execute on our growth strategy. Our shift in the industry, for those who look back, this company's been around since 1988. In 2015, the company was mainly doing identification. Now we're almost entirely doing public safety, which is electronic monitoring. We have a small section that's still cybersecurity software, but the majority is public safety, and we see the transition from identification move down. At the same time, there's been a consistent growth in public safety with a CAGR of 48% over the years. If you look a little deeper into the recent years, the market has grown roughly 7.8%, and at the same time we've grown roughly 30%, roughly four times faster than the industry. That's, of course, because we're taking a lot of contracts away from our competition and displacing them. Together, we've been able to show operating leverage and efficiency and optimization of operations, such that our EBITDA has actually grown faster than our revenue at a 47% CAGR over the last four and a half years or so. As we see here, consistent upward movement and growth in our annual EBITDA. Some investment highlights. We're looking at a $2.3 billion market, and the annual revenues are close to $30 million. There's still a big and exciting opportunity for us going forward. We've had nice growth, and we expect to leverage our technology to expand to many more opportunities and geographies around the world. In the U.S., we've had rapid expansion, 45 new contracts in 20 new states, and I think that's something that's not been seen yet in our industry. In Europe, we have good scale with over 20 national project wins, and we continue to bid and win more projects in Europe at a large scale as well. The 30% CAGR for electronic monitoring business has reflected roughly 4x growth of that of the industry, and our financial performance continues to improve with an 11.7 trailing 12-month EBITDA as of Q2 2026. Record Q2 2026 revenue of $8.1 million and EBITDA of $4 million. High recurring revenues, whether they're in Europe or in the U.S., from long-term government projects. A very strong technology-based competitive edge, where we put over $45 million, and we have a strong patent portfolio as well. If we look just at a high level at some of financials in the first half of the year. We'll look at H1 first. Roughly $7.5 million of cash. Since then we've secured another financing of $7.5 million to grow our cash balance higher that will support our potential growth opportunities. As we bid on different projects, it's good to show a strong balance sheet to help give customers comfort. Our revenues in the first half of the year, roughly $15.7 million, leading to non-GAAP EBITDA of $7.3 million. Nice margins, gross profit margins of 61%, non-GAAP net profit margins of 36% and non-GAAP EBITDA margins of 46%. Our stock has been moving around a little and the amount of outstanding shares, roughly 6.3 as of the last offering that we shared. This is in July. Q2, which we just reported recently, you can see here revenues, direct revenues of $8.1 million, representing gross profit margin of 60% and net profit margin of 35%, EBITDA margin of 48.8%. When you look year-over-year, we had nice growth in revenues of 13%, roughly. Gross profit grew by 15% year-over-year, and EBITDA grew by over 55% year-over-year, as well as non-GAAP and net income. So across the board, good improvement, good progress. This supports our continued expansion and operating leverage, and the optimizations we're doing in our business, such as sharing various processes and optimizing inventory on them in our European projects that we discussed on the calls as well. Great. At this point, I'll open the call up for Q&A. Thanks for all those who stuck around to listen. Okay, so I have a variety of questions here, and I'll read the questions, then answer. Okay, so first question here, by Chris. It says here, "With so many wins, it seems like revenue growth should be much higher. A lot of these deferred revenues are in the backlog," he's asking. So a lot of these wins take time to see into the financials, to convert into the financials, especially in the U.S. We announce wins continuously, and it could take up to six months or more until the deployment is actually effectuated. These are existing programs that are running on existing offenders with other company technology and need to bring all the offenders back and replace it, so they do not necessarily do that in organic fashion. They wait for the offender's term to end, and when the new offender comes on, they will put our technology, it is just a little bit of a process. In Europe as well, we just announced a project in Sweden that could be between $17 million to $75 million. That is over the next years. So we are just at the beginning of a lot of these wins, and those will fall into our backlog. Next questions. "What is allowing SuperCom to displace incumbents that have held contracts for so many years?" That is a good point. As we mentioned, we displaced incumbents for 20 years, 25 years, in Israel, in Norway, in Sweden, in many of these opportunities around the world. I think a lot of it, we believe a lot of it is thanks to our technology. The more deployments that we do, the more strong references we get for more customers that we will be able to deploy effectively, successfully, with good service, with good support. The technology keeps getting stellar reviews and that is what helps us essentially win. The question here is, "What is driving the increase in units deployed within existing U.S. contracts?" This follows up to the previous question. Let us say a county has 300 units and they want to replace them with our technology, from its incumbent technology. Some of these offenders are running programs. They are on programs of two months, three months, four months. They will wait for the offender to finish his term, and then before they put the next offender on, because he has to come back and bring technology, then they will put our technology and swap it out. So there is a process of swapping it out. It does not happen overnight, does take a period of time, and then you will see the annual recurring revenue or the monthly recurring revenue start to build up. That is what drives the 290% change in ARR from year-over-year that we described earlier in the presentation when we look at the summer of 2025, 2026 for technology in the U.S. outside California. Let us hear for a few more questions. This is a long question. Essentially, it says, "SuperCom's closed deals over $100 million in expected value, accelerated U.S. ARR year-over-year and generated record cash flows," he is saying here. Despite that, the stock is down and the stock is trading at less than 4x EBITDA. The U.K. contract, if we win, it would have a significant impact." They are saying, "Buddi, which is a competitor of ours, trading on the London Stock Exchange, who is losing shares in Europe, trades at 150% premium to SuperCom." A lot of other players are getting higher multiples than we have. The story is still new and we believe more investors are catching on to the story and the valuation is still undervalued. As I said in the past, the companies have reached out to us on various occasions and the board assesses it, and when it is an appropriate value that we think reflects the right returns for our investors, we will consider those further. But we think that the market cap has grown significantly and more market players are catching on to the SuperCom story and what we're doing there. Sooner or later, we think the multiples will align more with industry standards. Let's take this one last question because we have to wrap up. Someone asked here, "How sustainable is the current pace of U.S. electronic monitoring growth?" We're just starting in the. We're still at the early stages. We're at smaller counties that are growing. There's much larger counties and there's state projects, so there's very big opportunity in the U.S., and the growth could still be very substantial. The U.S. revenues are at higher margin than Europe when it's on the cloud, running a recurring revenue. So we're still very excited about the opportunities in the U.S. market. We grew our sales teams there. We have veterans from the industry and the technology is just doing great. So we're very excited about the next steps and we'll keep you guys posted. With that, I think we're running out of time here, so I have to say thank you to everyone. Thanks again for joining our presentation. Follow us for more updates through our press releases, our quarterly calls, and our website at supercom.com. Thanks again, and good luck with the rest of the conference. Thank you. That concludes SuperCom Inc.'s presentation. You may now disconnect. 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