Leverages next generation wireless connectivity and advanced satellite modem technology
Rochelle Park, NJ, January 6, 2017 - ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has completed regulatory approvals and thorough compatibility testing for its GT 1100-LTE devices, which are now certified compliant for use on the AT&T and T-Mobile networks. ORBCOMM’s new devices are the IoT industry’s first dual-mode LTE-enabled devices targeted for asset tracking applications. ORBCOMM began volume production shipments of the GT 1100-LTE devices in December 2016.
ORBCOMM’s GT 1100-LTE devices support both single and dual-mode network connectivity utilizing ORBCOMM’s portfolio of internally-developed satellite modems, which are integrated with ORBCOMM’s OG1, OG2 and IsatData Pro (IDP) networks. Designed for installation, including door and cargo sensors, in less than 15 minutes, the state-of-the-art devices incorporate short-range wireless capabilities to support wireless sensors as well as ORBCOMMmobile apps that enable installation support tools on the go from iOS and Android devices. Self-powered with field-proven energy harvesting technology, ORBCOMM’s GT 1100-LTE devices also utilize renewable solar energy to maintain the battery power level and support efficient, high-message reporting rates.
“ORBCOMM continues to emerge as a leader and innovator in the global IoT industry by being first to market with a suite of dual-mode, LTE-enabled asset tracking devices approved for use on the AT&T and T-Mobile networks,” said Craig Malone, ORBCOMM’s Executive Vice President of Product Development. “ORBCOMM’s GT 1100-LTE devices will enable our customers in many vertical markets to future-proof their solution investments with ubiquitous dual-mode coverage.”
In Berg Insight’s November 2016 Trailer and Cargo Container Tracking Report, ORBCOMM was ranked as the largest provider of tracking solutions for cargo loading units, having a significant installed base of trailers as well as containers.
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 1.69 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.
Michelle Ferris, Director of Corporate Communications
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