Rochelle Park, NJ, June 26, 2015 – ORBCOMM Inc. (Nasdaq: ORBC), a leading global provider of Machine-to-Machine (M2M) solutions, today announced that it has been recognized by the 13th Annual American Business Awards with two 2015 Silver Stevie® Awards for the Most Innovative Company of the Year as well as the Communications Team of the Year. The winners were announced on June 22 at a gala banquet at the Fairmont Chicago Millennium Park Hotel.
“We are extremely proud to have earned two prestigious Stevie awards honoring our technological innovation along with our marketing communications expertise, both of which have been an integral part of further establishing ORBCOMM as a proven leader in the global M2M market,” said Marc Eisenberg, ORBCOMM’s Chief Executive Officer. “We will continue to deliver best-in- class M2M solutions that connect some of the largest global enterprises to their assets anywhere in the world.”
The American Business Awards honor an all-inclusive spectrum of American business people and organizations – from non-profits, emerging start-ups, major public companies and government agencies, to corner-office executives, corporate communicators, support staff and customer service teams. More than 3,300 nominations were submitted to The 2015 American Business Awards, and more than 200 executives nationwide participated in judging to determine this year’s Gold, Silver and Bronze Stevie Award winners. Nicknamed the Stevies for the Greek word meaning “crowned,” the Stevie Awards were created in 2002 to honor and generate public recognition of the achievements and positive contributions of organizations and working professionals worldwide.
Details about The American Business Awards and the lists of 2015 Stevie winners are available at www.StevieAwards.com/ABA.
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 1.2 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.
Michelle Ferris, 703-433-6516
Director of Corporate Communications
Financial and Trade Media:
The Abernathy MacGregor Group
Chuck Burgess, 212-371-5999