News

ORBCOMM Moves Its Innovation and Network Control Center To New Location In Northern Virginia

Sterling, VA, April 16, 2014 – ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that it has relocated its Innovation and Network Control Center to a newly renovated facility just minutes from its current location in Dulles, VA, on April 14, 2014.

“Our new Innovation and Network Control Center was specifically designed to accommodate the continued growth and expansion of our business,” said Marc Eisenberg, Chief Executive Officer. “This state-of-the-art facility allows us to bring together key engineering, product development, customer service, sales, and marketing capabilities. It also houses our Network Control Center, which is the focal point for managing ORBCOMM’s global satellite constellation and terrestrial networks as well as preparing for our first OG2 satellite launch next month.”

U.S. Defense Department Selects Savi as Sole Provider for RFID-IV Contract

ALEXANDRIA, VA (April 9, 2014) – The United States Department of Defense (DoD) has awarded Savi a five-year contract as the sole provider to the RFID-IV program (Contract #: W52P1J-14-D-0014). Today’s RFID-IV award follows the $204 million solicitation issued by the DoD in September of 2013 to support the Product Director Automated Movement and Identification Solutions (PD AMIS) mission. As the initial RFID-IV contract, it establishes a $102 million ceiling for Savi to provide the DoD and other agencies with a comprehensive array of hardware and software products including active Radio Frequency Identification (aRFID) sensors, readers, Real-Time Location Systems (RTLS), Satellite Communication (SATCOM) and related solutions for global asset planning and tracking of personnel, equipment and sustainment cargo worldwide.

ORBCOMM Announces Results for Fourth Quarter and Full Year 2013

– Total Revenues of $74.2 Million for 2013, Increasing 15.1% Over Prior Year –
– Adjusted EBITDA of $4.4 million in the 4th Quarter –
– Subscriber Communicators Increased by 104,000 in 2013 –
– Acquires Europe’s cold chain market leader –

Rochelle Park, NJ, March 13, 2014 – ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced financial results for the fourth quarter and full year ended December 31, 2013.

ORBCOMM Acquires Euroscan, Europes's Leading M2M Provider of Refrigerated Transportation Solutions

Rochelle Park, NJ, March 12, 2014 – ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that it has completed the acquisition of Euroscan Holdings, B.V. (Euroscan), a leading global supplier of refrigerated transportation temperature compliance recording systems. Based in the Netherlands, Euroscan’s integrated turn-key systems are used worldwide to ensure the safe and secure transportation of food and pharmaceuticals by monitoring and assuring temperature compliance throughout the supply chain. Terms of the acquisition will be available in subsequent public filings.

ORBCOMM Launches New Satellite Modems Targeted for System Integrators and Resellers

Rochelle Park, NJ, March 4, 2014 – ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced the availability of its next generation OG2 satellite modems, which are ideal for Original Equipment Manufacturer (OEM) integration into satellite M2M applications targeted for the transportation & distribution, heavy equipment, oil & gas, and government markets. These powerful modems are 100% backwards compatible with ORBCOMM’s current OG1 satellite network and are the first devices available to support OG2 services upon launch of ORBCOMM’s next generation OG2 satellite constellation commencing in the spring of 2014.

ORBCOMM Joins Rogers Supported Reseller Program

Rochelle Park, NJ, January 21, 2014 – ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that it has been approved as a Rogers Supported Reseller (RSR). The premier RSR program allows ORBCOMM to work cooperatively with Rogers to market ORBCOMM’s suite of M2M asset tracking and monitoring solutions using Rogers’ wireless communications network in the Canadian market.

ORBCOMM Announces Pricing of Public Offering of Common Stock

Rochelle Park, NJ, January 17, 2014 - ORBCOMM Inc. (Nasdaq: ORBC), a leading global provider of Machine-to-Machine (M2M) solutions, announced today that it priced its underwritten registered public offering (“Offering”), subject to market and other conditions, of 5,500,000 shares of its common stock, par value $0.001 per share, at a price of $6.15 per share. In connection with the Offering, ORBCOMM has granted the underwriters an over-allotment option to purchase up to 825,000 additional shares of its common stock. ORBCOMM is offering all of the shares and will receive all the net proceeds of the Offering. The Offering is expected to close on January 23, 2014, subject to customary closing conditions.

ORBCOMM Announces Public Offering of 5.5 Million Shares of Common Stock

Rochelle Park, NJ, January 16, 2014 - ORBCOMM Inc. (Nasdaq: ORBC), a leading global provider of Machine-to-Machine (M2M) solutions, announced today an underwritten registered public offering (“Offering”), subject to market and other conditions, of 5,500,000 shares of its common stock, par value $0.001 per share. In connection with the Offering, ORBCOMM intends to grant the underwriters an over-allotment option to purchase up to 825,000 additional shares of its common stock. ORBCOMM is offering all of the shares and will receive all the net proceeds of the Offering.

Compass Intelligence Announces Winners of the 2014 Mobility Awards in Wireless, M2M, and Green Technology

LAS VEGAS, NV--(Marketwired - Jan 8, 2014) - INTERNATIONAL CES - Compass Intelligence, a global market acceleration research and consulting firm that redefines market intelligence and consulting, announced today the winners of the 2014 Compass Intelligence Awards at a press luncheon held at the Las Vegas Convention Center and World Trade Center (LVCC) during the 2014 International CES® trade show in Las Vegas. The 2014 Compass Intelligence Awards were selected by 60+ industry-leading press and analysts who cover the mobile and wireless market. The Compass Intelligence Awards includes Mobility, A-List in M2M and Bamboo Mobile Green Technology Awards. The Awards recognize the best mobile computing, wireless data communications, Machine-to-Machine, and eco-friendly products and services offered in the market during the past year.

ORBCOMM Launches New Corporate Brand and Web Site

Rochelle Park, NJ, December 18, 2013 - ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that it has launched a new corporate brand and web site (www.orbcomm.com) focused on ORBCOMM’s leadership, innovation and expertise in the global M2M industry. Both ORBCOMM’s new brand and web site encapsulate the theme, “Connecting the world’s assets.” With streamlined navigation, more content and dynamic graphics, the newly enhanced web site is designed to better serve the needs of its customers, investors and other site visitors from around the world.

ORBCOMM’s refreshed corporate brand includes a new logo, tag line, visual identity and renamed product lines, which have been integrated into the company through recent acquisitions. The intent of the new look, captured in the tagline, “Our people. Our networks. Our solutions. We are M2M.,” is to show an intense focus on enabling businesses to make better, more confident business decisions around their assets and operations in the global M2M industry. ORBCOMM’s new logo prominently features a communications pulse and inserts a vibrant red color, honoring and building upon ORBCOMM’s original logo and 15 years of trusted M2M technology. Strong black lettering also reinforces the company’s long-standing attributes of strength and dependability.