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Nevada Asset Protection News

 

 February 14, 2006

SuperCom Announces New Technology for Active Tracking Solutions and Extends Homeland Security Offerings With "Pure RF(TM)" Asset Protection Suite

QADIMA, Israel, February 14-SuperCom Ltd. (OTCBB: SPCBF.OB; Euronext: SUP), a leading provider of smart card and electronic identification (e-ID) solutions, today announced the introduction of a new technology and solution for active tracking of people and assets, and the establishment of a new subsidiary, which will focus on this growing market.

The new technology expands Supercom's Homeland Security offerings through a Wireless Asset Tracking System for strategic and high value items. This offering will be provided to customers through the new subsidiary. The development of this new technology, as well as the establishment of the new subsidiary, is due to the growing market demand for asset tracking solutions in general andAdvertisement
 particularly in the Homeland Security market.

SuperCom's "Pure RF(TM)" Movement Detection Solution monitors and tracks a large number of items simultaneously, providing an active set of different signals and alerts. The software and hardware solution employs small, low-powered RF tags attached to an object or a person. License-free radio bands are used to track the RF band from a base transmitter that is programmable for periodic or event-driven transmissions. "Pure RF(TM)" can monitor and locate tagged items through a hand-held tracking device, which can also be integrated into cellular phones.

Eli Rozen, Chairman of the board of SuperCom commented, "We believe this new tool will significantly expand our range of Homeland Security, Assets Tracking and Accountability products, positioning SuperCom as the industry's first one-stop shop for solutions that monitor both the movements of people and critical assets."

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 supercomgroup

 

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Did You Know?    
 
 
Conservation Easement is a legal agreement
A Conservation Easement is a legal agreement reached voluntarily between a landowner and a land trust that protects water quality, wildlife habitat, scenic vistas, agricultural productivity and other conservation values permanently restricts the use of property by current and future landowners keeps property in private hands. Donating some or all of the development rights to a qualified, tax-exempt organization like the Washtenaw Land Trust, and meeting other specific conditions, allows a landowner to be eligible for certain tax benefits.

 


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Asset Protection Lawyers.com Terms

 


Today's Terms

Tax exempt entity

Definition:
To hold the protected assets. The stock in this tax exempt entity can be held by an asset protection trust. As a result, the stock does not show up on the balance sheet of the taxpayer and the income from the assets is likewise off the tax return of the protected client.

Asset allocation

Definition:
Diversification of your investments, usually between U.S. and international equities, fixed income, real estate, and commodities.

Spendthrift Trusts

Definition:
A spendthrift trust is created specifically to provide asset protection for the beneficiary. These trusts are written so that the beneficiary can receive the benefit of the trust, but have no right to demand benefits from the trust.

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Asset Protection Hot Topics

 
Topics Related to Asset Protection:

  • Trusts
  • Wills
  • Uniform Probate Code
  • Gift Tax
  • Dynasty Trust
  • Annuities

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