Fleet Management Solution with Cellular-Only Vehicle Tracking Device Among New Innovations Available Now
Rochelle Park, NJ, February 23, 2016 – ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced additions to its fleet management portfolio. This includes the new cellular-only SkyWave IDP-782 device and the viaFleet web application for tracking, monitoring and managing trucks, railcars and other mobile assets. By leveraging ORBCOMM's extensive fleet management solutions, fleet operators can reduce fuel costs, optimize travel routes, monitor driver behavior, minimize idle times and ensure cargo and driver security.
ORBCOMM's cellular-only SkyWave IDP-782 device is ideal for vehicle tracking and driver monitoring applications specifically for areas where cellular coverage is widely available. This device provides customers the same functionality and flexibility as the award-winning dual-mode version at a more economical cost for cellular-only applications.
ORBCOMM's comprehensive viaFleet application enables fleet operators to see the location of mobile assets in real-time, monitor driver behavior, streamline vehicle maintenance schedules, communicate with drivers and much more. With an intuitive, easy-to-use graphical interface, the viaFleet application works with the IDP-782 to display the location of assets on a map in real time, tracks asset movements with breadcrumb reports and supports advanced reporting capabilities on speeding events, dwelling times, geofence access and asset health, allowing customers to significantly improve operational efficiencies and productivity.
In addition, ORBCOMM recently introduced several other innovative wireless solutions. These products and services enhance ORBCOMM's M2M and IoT solutions portfolio, which span from device to dashboard, for system integrators, end user customers and Original Equipment Manufacturers (OEMs) across a wide variety of industries.
To learn more about ORBCOMM's latest innovations, please visit Booth G11 in Hall 8.0 at Mobile World Congress in Barcelona from February 22-25, 2016 or visit our web site at www.orbcomm.com.
About ORBCOMM Inc.
ORBCOMM Inc. (Nasdaq: ORBC) is a leading global provider of Machine-to-Machine (M2M) communication solutions and the only commercial satellite network dedicated to M2M. ORBCOMM’s unique combination of global satellite, cellular and dual-mode network connectivity, hardware, web reporting applications and software is the M2M industry’s most complete service offering. Our solutions are designed to remotely track, monitor, and control fixed and mobile assets in core vertical markets including transportation & distribution, heavy equipment, industrial fixed assets, oil & gas, maritime, mining and government.
With nearly 20 years of innovation and expertise in M2M, ORBCOMM has more than 1.3 million subscribers with a diverse customer base including premier OEMs such as Caterpillar Inc., Doosan Infracore America, Hitachi Construction Machinery Co., Ltd., John Deere, Komatsu Ltd., and Volvo Construction Equipment, as well as end-to-end solutions customers such as C&S Wholesale, Canadian National Railways, CR England, Hub Group, KLLM Transport Services, Marten Transport, Swift Transportation, Target, Tropicana, Tyson Foods, Walmart and Werner Enterprises. For more information, visit www.orbcomm.com.
Certain statements discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to our plans, objectives and expectations for future events and include statements about our expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts. Such forward-looking statements, including those concerning the Company’s expectations, are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from the results, projected, expected or implied by the forward-looking statements, some of which are beyond the Company’s control, that may cause the Company’s actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. In addition, specific consideration should be given to various factors described in Part I, Item 1A. “Risk Factors” and Part II, Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and elsewhere in our Annual Report on Form 10-K for the year ended December 31, 2014, and other documents, on file with the Securities and Exchange Commission. The Company undertakes no obligation to publicly revise any forward-looking statements or cautionary factors, except as required by law.
SOURCE: ORBCOMM Inc.
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