Recognizes the company for exemplifying innovation, excellence and dynamic corporate growth
Rochelle Park, NJ, February 4, 2016 – ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it is one of four prestigious New Jersey companies to have been chosen as an honoree for the 2016 Association for Corporate Growth (ACG) NJ Corporate Conference and Awards Program. The award honors middle market companies with operations in NJ that have revenue between $5 million and $500 million and that have quantifiably grown through an innovative business model, deal or best practice.
“We are proud to be recognized by ACG NJ for our consistently innovative strategies across the business as well as for our long-term sustainability and growth,” said Marc Eisenberg, ORBCOMM’s Chief Executive Officer. “ORBCOMM’s continued dynamic growth is a result of our ability to leverage in-house technology innovation, expand our capabilities and market reach through strategic acquisitions and collaborate with our fellow industry leaders, and we look forward to achieving even greater success in 2016 and beyond.”
Pamela Harper, Chair of the 2016 ACG NJ Corporate Growth Conference & Awards and a Director on ACG NJ’s Board, noted that there were an impressive number of nominations, resulting in tough decisions by the selection committee. “We were thrilled with all the options, and we were equally delighted by the high quality of the submissions.”
The CEOs of the four companies being honored will participate in a panel discussion, sharing their insights and best practices at the May 10, 2016 awards breakfast to be held at the Palace at Somerset Park in Somerset, NJ. They will be joined on the podium by keynote speaker Judy Spires, President and CEO of Kings Food Markets, who will be the recipient of the 2016 ACG NJ Corporate Lifetime Achievement Award.
“We are expecting a record crowd,” said Sally Glick, President of ACG NJ. “Every astute business owner and service provider is going to want to hear how these four CEOs achieved such a high level of success in their corporations. Given that we are recognizing two companies with $5-50 million in annual revenues and two companies with $50-500 million in revenues, there will be something for everyone in the room to immediately adapt to their own situations and company culture.”
For more information about the 2016 Association for Corporate Growth NJ Corporate Growth Conference and Awards program, please visit www.acg.org/nj.
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.
About ACG NJ
Founded in 1954, ACG is a global organization with 58 chapters and over 14,000 members representing Fortune 500, Fortune 1000, FTSE 100, and mid-market companies. Chapters in the U.S., Canada, Europe and Asia bring dealmakers together to help them achieve their business and professional goals.
ACG New Jersey is a key part of ACG Global. Here at home, we are the leading forum for bringing together business leaders to promote corporate growth. We proudly boast an array of members from small entrepreneurial companies to large influential corporations, who all attend our meetings for the relevant topics and high profile speakers as well as to enjoy peer-to-peer networking and the chance to interact with private equity professionals, investment bankers and intermediaries, attorneys, auditors and accountants, lenders, corporate development officers and others focused on the middle market. They recognize the multiple benefits of networking within an influential community of executives growing public and private companies worldwide. For over 50 years, ACG members have focused on strategic activities that increase revenues, profits and, ultimately, stakeholder value. ACG brings together every segment of the growth community.
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.
Director of Corporate Communications
The Abernathy MacGregor Group