Offer to Include Dual-mode M2M Wireless Services That Combine GSM And Satellite Networks
ORBCOMM Inc. (Nasdaq: ORBC), a global satellite data communications company focused on providing Machine to Machine (M2M) solutions and Telenor Connexion, a leading global connectivity provider, today announced an agreement that will enable ORBCOMM to offer an innovative satellite/GSM-based M2M solution.
The unique combination of satellite and GSM technology provides customers with a low-cost, flexible and reliable connected service. The service will be available to some of the world's most demanding users. Customers benefiting from the solution are found in both fixed site and mobile applications.
"The agreement with ORBCOMM is a step forward in Telenor Connexion's goal to supply customers throughout the world with connectivity tailored to their specific business needs. Both companies benefit from complimenting each other's expertise in M2M enabling us to offer a valuable service for customers in need of global solutions", says Per Simonsen, CEO of Telenor Connexion.
"The joint product offering is expected to give M2M customers considerable operating advantages, including increased safety, higher productivity, greater availability, and better control of remote assets. Telenor Connexion's partnering with ORBCOMM further validates our position as the leading satellite network for M2M applications", says Marc Eisenberg, CEO of ORBCOMM.
About ORBCOMM, Inc.
ORBCOMM is a leading global satellite data communications company, focused on Machine-to-Machine (M2M) communications. Its customers include Caterpillar Inc., Doosan Infracore America, General Electric, Hitachi Construction Machinery, Hyundai Heavy Industries, Komatsu Ltd., and Volvo Construction Equipment among other industry leaders. By means of a global network of low-earth orbit (LEO) satellites and accompanying ground infrastructure, ORBCOMM's low-cost and reliable two-way data communications products and services track, monitor and control mobile and fixed assets in four core markets: commercial transportation; heavy equipment; industrial fixed assets; and marine/homeland security. The Company's products are installed on trucks, containers, marine vessels, locomotives, backhoes, pipelines, oil wells, utility meters, storage tanks and other assets. ORBCOMM is headquartered in Fort Lee, New Jersey and has a network control center in Dulles, Virginia. For more information, visit www.orbcomm.com.
About Telenor Connexion
Telenor Connexion is a leading global provider of M2M connectivity solutions. Machine-to-machine (M2M) communication is a rapidly expanding market. Companies in industries as diverse as automotive, security, utilities and fleet management are implementing M2M solutions to achieve productivity gains, cost management, environmental improvement and to expand customer services. With more than 10 years of experience and over.
1 million active SIM-cards Telenor Connexion is an experienced and reliable partner. We are dedicated to our customers' business and understand their needs. Telenor Connexion has provided international, cost-effective M2M communication solutions to a number of global customers such as Volvo, Daimler and Securitas Direct. According to leading industry analyst Bergh Insight Telenor is "the most advanced mobile operator in the area of M2M" and also "the dominant provider of wireless M2M connectivity".
Telenor Connexion is wholly owned by Telenor Group, an international provider of high quality mobile communications services to customers in 12 markets across Asia and Europe.
For more information please visit www.telenorconnexion.com
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