Commemorates 10th anniversary of Company’s IPO and listing on Nasdaq stock exchange
Rochelle Park, NJ, November 3, 2016 - ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it will participate in Nasdaq’s closing bell ceremony at Nasdaq MarketSite in Times Square, New York this afternoon at 4:00 pm ET. The ceremony will begin with remarks from ORBCOMM’s Chief Executive Officer, Marc Eisenberg, who will ring Nasdaq’s closing bell to signal the end of the day’s stock trading session.
ORBCOMM was invited to the Nasdaq ceremony in commemoration of the 10th anniversary of its listing on the Nasdaq stock exchange. The company went public on the Nasdaq Global Market following the successful completion of its Initial Public Offering in November 2006.
“The ORBCOMM team is honored to participate in Nasdaq’s closing bell ceremony and celebrate our tenth anniversary as a public company,” said Marc Eisenberg, ORBCOMM’s Chief Executive Officer. “Over the past 10 years, we have built ORBCOMM into a leading player in the Internet of Things industry as evidenced by our dynamic growth, technology innovation and entrepreneurial spirit. I’d like to thank our shareholders for their support and the best employees in the industry who are an integral part of our continued success.”
A live broadcast of Mr. Eisenberg’s remarks and the Nasdaq closing bell ceremony will be available starting at 3:45 pm ET at https://new.livestream.com/nasdaq/live.
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 1.6 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.
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