Provides comprehensive, near real-time view of
vessel location to improve management and regulation of commercial fishing
Rochelle Park, NJ, September 19, 2016 - ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has been selected by Global Fishing Watch to provide extensive global satellite Automatic Identification System (AIS) data from commercial fishing vessels for its new online technology platform. Global Fishing Watch is a collaboration by Oceana, Google and SkyTruth to end Illegal, Unreported and Unregulated (IUU) fishing by identifying fishing vessels and analyzing fishing activity to ensure environmental regulations are upheld. The platform was launched by actor and ocean advocate, Leonardo DiCaprio, at the Our Ocean Conference in Washington, D.C. on September 15, 2016, which was hosted by Secretary of State John Kerry.
ORBCOMM provides Global Fishing Watch with more than 20 million AIS data points every day that show the movement of the world’s largest commercial vessels over time. By leveraging ORBCOMM’s AIS service, Global Fishing Watch can classify these time-stamped positional vessel data points as either “fishing” or “non-fishing” activities, enabling anyone in the world to have free access to a near real-time and/or historical global view of fishing activity. This robust platform will significantly increase the commercial fishing industry’s accountability by allowing fisheries to identify unauthorized activity, while enhancing environmental regulation compliance and facilitating seafood supply chain transparency. It will also provide a tool to governments, non-government organizations (NGOs) and researchers for the enforcement of IUU regulations and Marine Protected Areas (MPAs).
“We are pleased to be an integral part of this new era in ocean resource conservation by powering Global Fishing Watch’s new online platform with our industry-leading AIS service,” said Marc Eisenberg, ORBCOMM’s Chief Executive Officer. “By providing a comprehensive view of commercial vessel activity worldwide, we can help Global Fishing Watch better manage fishing quotas and harvesting and help preserve depleting ocean resources around the world, which are threatened by global overfishing, illegal fishing and habitat destruction.”
To learn more about ORBCOMM’s AIS service, visit http://www.orbcomm.com/en/networks/satellite-ais.
For more information on Global Fishing Watch, visit www.globalfishingwatch.org.
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. In addition, ORBCOMM provides Automatic Identification System (AIS) data services for vessel tracking to improve maritime safety to government and commercial customers worldwide.
With nearly 20 years of innovation and expertise in M2M, ORBCOMM has more than 1.6 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, 2015, 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.
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