VUANCE Ltd. (formerly SuperCom Ltd.), a provider of incident management and active RFID solutions to homeland security, public safety, commercial, institutional and governmental markets, today announced that it moved its corporate headquarters to McLean, Virginia in order to better serve the U.S. market. |
It has also retained Target 3 Communications, a New York- based investor and public relations firm, to assist in providing effective communications with investors and strategic business partners.
"While Vuance Ltd. serves customers globally, we are strategically targeting key markets in the United States," said Mr. Eyal Tuchman, the Companys Chief Executive Officer. "Last month, we completed the acquisition of Milwaukee-based Security Holding Corporation, which will significantly expand our product line, customer pipeline and sales team of in-house professionals as well as VARS and distributors in North America. To be closer to the action, we moved our corporate headquarters to McLean, Virginia, where our U. S. subsidiary is located."
"In addition, we have retained the services of Target 3 Communications to assist us in our investor relations, public relations and corporate communications activities," continued Mr. Tuchman. "As business and communications experts, they will help us effectively communicate our corporate vision, business strategies and ability to execute the plans to our strategic business partners and the investor community. With Vuance now listed on the NASDAQ Capital Market, which should improve the trading liquidity of our common stock and allow more institutional investors to invest in our Company, we are excited to have a New York-based firm join us in communicating our business strategy and progress to existing and new shareholders."
Jerry Cahn, Ph.D., J.D., president of Target 3 Communications stated, "We look forward to working with Vuance Ltd., whose experienced and dedicated management team is pursuing an effective growth strategy both organically and through synergistic acquisitions. This creates a solid plan for generating long-term shareholder value."
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