Former CIA Director Woolsey Named Chairman of SuperCom's New Advisory Board


PRNewswire
Date: 02-01-06

NEW YORK and RA'ANANA, Israel, February 1 /PRNewswire-FirstCall/ -- SuperCom Ltd. (OTCBB: SPCBF.OB; Euronext: SUP), a leading provider of smart card and electronic identification (e-ID) solutions, today announced that R. James Woolsey, former Director of Central Intelligence and one of America's preeminent authorities on security issues, will be Chairman of the Company's newly created Advisory Board.

The Advisory Board was established to enhance SuperCom's presence in the United States and other nations, and to help identify new applications for the company's technologies in the homeland security, defense and document authentication markets.

In an era when both government and the private sector are faced with unprecedented challenges to protect public safety and personal privacy, the Advisory Board will serve to extend SuperCom's forward-looking technologies into the U.S. market.

Woolsey will be joined on the Board by other distinguished Americans with experience in national security issues. Additional Board members will be announced in the near future.

"It's a great pleasure to welcome Mr. Woolsey as Chairman of our Advisory Board," said Avi Schechter, Chief Executive Officer of SuperCom. "Jim has a long and distinguished record of public service and unsurpassed expertise in security matters, government policy and world affairs. We especially look forward to working with him and other Board members for advice on corporate governance, recruitment, and best practices."

"SuperCom is a world leader in security technology," Woolsey said. "I welcome the opportunity to work with such an innovative company, committed to finding and implementing real-world applications for cutting-edge technologies. The need to bring to market these types of security initiatives is great and growing."

R. James Woolsey

R. James Woolsey is widely recognized - in government, business, the media and academia - as one of the nation's leading experts on foreign affairs, defense, energy, critical infrastructure protection and resilience, and intelligence. He has held Presidential appointments in two Republican and two Democratic administrations.

Woolsey served as Director of Central Intelligence from 1993-1995. He also served as Under Secretary of the Navy, Ambassador to the Negotiation on Conventional Armed Forces in Europe (CFE), and General Counsel to the U.S. Senate Committee on Armed Services. Earlier in his career, he was a Captain in the U.S. Army and staff member for the National Security Council.

He subsequently brought to bear the expertise gained through his extensive public service as a member of the Congressionally-mandated National Commission on Terrorism, which in 2000 issued a visionary report titled "Countering the Changing Threat of International Terrorism."

Woolsey is a graduate of Stanford University (Phi Beta Kappa), holds an M.A. from Oxford University (where he was a Rhodes Scholar), and received an L.L.B. from Yale Law School (where he was Managing Editor of the Yale Law Journal).

Today, Woolsey is a Vice President of Booz Allen Hamilton.

About SuperCom:

SuperCom, Ltd. provides innovative solutions in smart-card and e-ID technologies to the commercial and government sectors. The Company offers a wide range of standard and customized smart-card-based solutions for physical and logical security, education, corrections facilities and air & seaports. It is also a leader in the manufacturing of secure and durable documents such as national identity cards, passports, visas, drivers' licenses and vehicle registration to improve homeland security, governmental efficiency and document ease of use. Headquartered in Israel, SuperCom has subsidiaries in the US and Hong Kong. For more information, visit our website at www.supercomgroup.com.

Safe Harbor

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are subject to known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded or followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Forward-looking statements in this release also include statements about business and economic trends.

You should consider the areas of risk described under the heading "Forward Looking Statements" and those factors captioned as "Risk Factors" in our periodic reports under the Securities Exchange Act of 1934, as amended, or in connection with any forward-looking statements that may be made by us and our businesses generally,

All information in this release is as of February, 1st, 2006. Except for our ongoing obligation to disclose material information under the federal securities laws, the Company undertakes no duty to update any forward-looking statement to reflect subsequent events, actual results or changes in the Company's expectations. The Company also disclaims any duty to comment upon or correct information that may be contained in reports published by the investment community.

This press release and other releases are available on

www.supercomgroup.com.

Contact:

Eyal Tuchman, CFO

SuperCom, Ltd.

+972-9-889-0805

eyalt@supercomgroup.com



Source

FAIR USE NOTICE

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.



Palestine main page | Neocon Watch | Site Map | Contact | Main index

Copyright 2006 - astandforjustice.org