Honors excellence and recognizes the creativity, hard work and success of IoT companies
Rochelle Park, NJ, January 4, 2017 - ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has been named the M2M Satellite Service Provider of the Year by IoT Breakthrough, an independent organization dedicated to helping the best IoT products and companies “break through” the crowded IoT industry.
“It’s an honor to be recognized by IoT Breakthrough’s inaugural awards for pushing ingenuity and exemplifying the most technologically advanced satellite M2M service,” said Marc Eisenberg, ORBCOMM’s Chief Executive Officer. “Given the breadth and depth of our solutions portfolio, ORBCOMM is more than the leader in satellite-based M2M but also a leader and innovator in the global M2M and IoT industries.”
The IoT Breakthrough Awards recognize the IoT innovators, leaders and visionaries from around the world in a range of categories, including Connected Home and Home Automation, Connected Car, IoT Security, Wearables, Industrial IoT, M2M, Enterprise IoT and many more. More than 2,000 award nominations from organizations and individuals representing 15 nations were submitted this year for consideration. The award submissions were judged by an independent panel of experts that represent a cross section of the industry, including journalists, analysts and technology executives.
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
For Trade Media:
Sue Rutherford, VP of Marketing