New feature-rich, cost-optimized product line streamlines fleet operations and improves asset utilization
Rochelle Park, NJ, March 11, 2019 - ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has launched its next generation solar-powered GT 1200 series of devices as part of a comprehensive telematics solution that includes multiple sensor options, user-friendly applications and reliable cellular and optional satellite connectivity for hassle-free trailer and container tracking.
The GT 1200 series is an evolution of ORBCOMM’s industry-leading GT 1100 product line and includes an enhanced, high-sensitivity solar panel that charges up to 20 times faster than its predecessor even without direct sunlight, resulting in up to three times more messages per day for increased asset utilization. The compact devices are ruggedized to withstand extreme conditions, require no battery changes for up to 10 years and include built-in tamper and impact detection. The GT 1200 series also can easily be configured with ORBCOMM’s integrated cargo sensor and other wireless sensors. With a new streamlined design, the devices can be installed externally on all cargo asset types in about 10 minutes, even when the asset is full, making customer deployments quick and efficient with minimal disruption to their operations.
“ORBCOMM’s new GT 1200 series is part of our comprehensive innovation plan to enhance nearly all our products to expand our existing capabilities and provide customers with advanced technology and unmatched value,” said Marc Eisenberg, ORBCOMM’s Chief Executive Officer. “With expanded support for wireless sensors, an improved solar panel and safer, faster field installation, the GT 1200 product line features the latest in asset tracking technology and offers incremental benefits to our transportation customers looking to streamline their fleet operations and gain efficiencies.”
For more information about ORBCOMM’s new GT 1200 product line, please click here or visit ORBCOMM in Booth 107 at the Truckload Carriers Association Annual Convention at the Wynn Las Vegas Resort from March 10-13, 2019.
About ORBCOMM Inc.
ORBCOMM (Nasdaq: ORBC) is a global leader and innovator in the industrial Internet of Things, providing solutions that connect businesses to their assets to deliver increased visibility and operational efficiency. The company offers a broad set of asset monitoring and control solutions, including seamless satellite and cellular connectivity, unique hardware and powerful applications, all backed by end-to-end customer support, from installation to deployment to customer care. ORBCOMM has a diverse customer base including premier OEMs, solutions customers and channel partners spanning transportation, supply chain, warehousing and inventory, heavy equipment, maritime, natural resources, and government. 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, 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.
Aly Bonilla, VP of Investor Relations
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