Recognition for commitment to innovation and advancing the mobile satellite industry
Rochelle Park, NJ, March 8, 2016 – ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has received the Mobile Satellite Users Association (MSUA) 2016 M2M Mobility Satcom Innovation Award for its OG2 satellite modem. The award was presented to ORBCOMM at the Satellite 2016 Conference & Exhibition in National Harbor, MD.
ORBCOMM’s M2M modem platform is the satellite industry’s first modular, compatible OEM design that allows Value Added Resellers (VARs) and system integrators to provide seamless, interchangeable satellite connectivity at no incremental cost on the same hardware platform. The OG2 modem, which is roughly half the size of a credit card, delivers a cost-effective price point to a multitude of M2M applications.
“We are honored to receive the MSUA Innovation Award for our OG2 modem, which further demonstrates our commitment to leadership in the global M2M space through continued innovation,” said Marc Eisenberg, ORBCOMM’s Chief Executive Officer. “The OG2 modem, along with our new interchangeable OGi IDP modem, provide customers with unrivaled ease of use, flexibility and quality of service based on their unique application needs. Our ground-breaking modem technology is bringing the industry one step closer to creating a truly standardized satellite M2M platform.”
The versatile OG2 modem is designed to work with ORBCOMM’s newly launched second generation OG2 satellite network and is also backward compatible with ORBCOMM’s first generation OG1 satellite network. It has upgradeable firmware and satisfies all of the requirements needed for global M2M and IoT installations, including small footprint, lower power consumption, increased messaging capability, seamless integration and low cost.
ORBCOMM is actively engaged with multiple customers integrating the OG2 modem technology into their products within a host of applications including heavy equipment, transportation, marine and other markets.
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.
Mobile Satellite Users Association is a non-profit organization dedicated to promoting the interests of users and providers of satellite mobility solutions worldwide. The Association fosters the exchange of news, information and education among providers and users of satellite mobility solutions including those focused on communications, navigation and safety. MSUA celebrates and promotes mobility innovations and provides discussion forums and panel opportunities for mobility solution providers and users to exchange development ideas and usage requirements.
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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