Business Context and Reporting Period
This Form 6-K filing covers the month of June 2008 for VUANCE LTD. (formerly Supercom Ltd.), a foreign private issuer based in Israel. The company operates in the security technology sector.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current event disclosure rather than a financial statement.
Material Changes and Events
- New Contract Award: On June 4, 2008, the company announced it entered into a contract valued at $1.4 million with the Racine (Wisconsin) Unified School District.
- Purpose: The contract is intended to enhance the school district's security infrastructure.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management outlook, specific risks, contingencies, or unusual items beyond the announcement of the new contract.
Investor Verification Checklist
- Verify the execution status and expected revenue recognition timeline for the $1.4 million Racine Unified School District contract.
- Confirm the company's current name usage (VUANCE LTD. vs. Supercom Ltd.) in subsequent filings.
- Review the full text of Exhibit 99.1 for specific contract terms and performance obligations.