Opens the China market for ORBCOMM’s leading IoT technology and enables customers to improve the efficiency and performance of their in-country business operations
Rochelle Park, NJ, August 18, 2021 - ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that its heavy equipment monitoring solution has received the required certifications to operate in China. ACloud, a leading provider of SIM connectivity services, IoT PaaS solutions and related professional services based in Shanghai, China, served as ORBCOMM’s local agent to facilitate the extensive certification process.
By ensuring its robust solution is compliant with Chinese regulations, ORBCOMM is now able to distribute its PT 7000 heavy equipment telematics device and FleetEdge software platform to customers in China looking to track and monitor their machines and other industrial equipment. The ruggedized PT 7000 is designed to track heavy equipment and construction assets in the most demanding environments, providing a comprehensive telematics solution, including 4G LTE cellular with 3G/2G fallback, CAN bus monitoring, multiple digital and analog inputs and outputs along with battery backup, enabling service for up to a month when disconnected from power. ORBCOMM’s FleetEdge is a powerful cloud application used by some of the world’s leading heavy equipment OEMs to have complete visibility and control of their fleets, maximize operational efficiency and plan preventive maintenance on accurate usage data such as engine hours and automatic service alerts for a wide variety of machinery.
“ORBCOMM is pleased to announce our heavy equipment monitoring solution is now available in China, bringing the benefits of our best-in-class IoT technology along with our long-time industry expertise to a much broader customer base in a high-growth market,” said Jon Harden, ORBCOMM’s Vice President and General Manager of OEM Solution Sales. “We look forward to engaging with customers in China and helping them enhance operational efficiency, optimize asset utilization and improve maintenance effectiveness and performance across their machinery fleets.” For more information about ORBCOMM’s heavy equipment telematics solutions, please visit https://www.orbcomm.com/en/industries/heavy-equipment.
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. You can also connect with ORBCOMM at https://blog.orbcomm.com, on Twitter at @ORBCOMM_Inc, at https://www.linkedin.com/company/orbcomm or at https://www.youtube.com/c/ORBCOMM_Inc.
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.