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SuperCom Ltd Director's Dealing 2006

Jan 10, 2006

34694_dirs_2006-01-10_8f54517e-1acc-4102-926f-71c3f9b339ca.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SuperCom Ltd. (SPCBF)
CIK: 0001291855
Period of Report: 2005-12-09

Reporting Person: MARXE AUSTIN W & GREENHOUSE DAVID M (10% Owner)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4509476 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Warrants $0.6 2010-12-09 Common Stock (1320300) Indirect

Footnotes

F1: This is a joint filing by Austin W. Marxe (Marxe) and David M. Greenhouse (Greenhouse). They share voting and investment control over all securities owned by Special Situations Fund III QP, L.P. (QP) and Special Situations Cayman Fund, L.P. (Cayman), respectively. 3,537,274 shares of Common Stock and are held by QP and 972,202 shares of Common Stock are held by Cayman. The interest of Marxe and Greenhouse in the shares of Common Stock owned by QP and Cayman is limited to the extent of his pecuniary interest.

F2: This is a joint filing by Austin W. Marxe (Marxe) and David M. Greenhouse (Greenhouse). They share voting and investment control over all securities owned by Special Situations Fund III QP, L.P. (QP) and Special Situations Cayman Fund, L.P. (Cayman), respectively. 1,038,042 Warrants are held by QP and 282,258 Warrants are held by Cayman. The interest of Marxe and Greenhouse in the shares of Common Stock owned by QP and Cayman is limited to the extent of his pecuniary interest.