End-to-end solution combines the power of ORBCOMM’s PT 7000 device
and FleetEdge web application to deliver valuable equipment data for
optimal fleet management
ROCHELLE PARK, N.J.--(BUSINESS WIRE)--Apr. 12, 2016--
ORBCOMM Inc. (Nasdaq:ORBC), a global provider of Machine-to-Machine
(M2M) and Internet of Things (IoT) solutions, today announced the
availability of its new heavy
equipment telematics solution, which includes the dual-mode PT
7000 device and the FleetEdge
web application for monitoring and control of equipment used in the
construction, mining, rail and utility industries. By utilizing
ORBCOMM’s comprehensive solution, customers gain complete visibility of
their heavy equipment fleet and are able to manage their operations more
efficiently with access to near-real-time asset data and analytics.
ORBCOMM’s ruggedized PT
7000, which is available as a cellular or dual-mode
satellite-cellular device, provides accurate status and position
information along with key operational metrics, such as fuel consumption
and engine hours, so Original Equipment Manufacturers (OEMs), dealers
and end users can proactively manage their fleet worldwide. The PT 7000
works with ORBCOMM’s newly enhanced FleetEdge
web application, delivering comprehensive dashboards, advanced
reports and analytics, custom charts, alerts, self-service
administrative functions, and more.
The ORBCOMM solution provides valuable equipment position, status and
performance reports that enable customers to track asset movement to
minimize theft and loss, schedule service alerts to enable preventative
maintenance, monitor fuel usage to optimize fuel consumption, and more.
Active alerts, including out-of-spec sensor readings, such as loss of
oil pressure or high coolant temperature, can be automatically sent to a
mobile device to ensure timely corrective measures are taken.
“The powerful combination of ORBCOMM’s PT 7000 and the depth of
information provided by FleetEdge offers our heavy equipment customers a
complete fleet management solution with a strong return on investment,”
said Marc Eisenberg, ORBCOMM’s Chief Executive Officer. “By leveraging
detailed equipment reports and analytics, customers can make informed
business decisions about their fleet, while improving maintenance
management, reducing operational costs and gaining better equipment
performance and uptime.”
FleetEdge is available through the ORBCOMMmobile app, enabling customers
to manage their heavy equipment fleet on the go from any mobile device.
ORBCOMM’s mobile app runs on both iOS
and Android
devices to facilitate easy access to near-real-time asset data and key
metrics.
To learn more about ORBCOMM’s new heavy equipment solution available
now, please schedule
a meeting with ORBCOMM (USA Pavilion, Hall C4, Booth C4.603/J) at
Bauma 2016 in Munich, Germany, from April 11-17, 2016 or visit http://www2.orbcomm.com/heavy-equipment.
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 1.5 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.
Forward-Looking Statements
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160412005379/en/
Source: ORBCOMM Inc.
ORBCOMM Inc.
For Investors:
Michelle Ferris, +1
703-433-6516
Director of Corporate Communications
ferris.michelle@orbcomm.com
or
For
Trade Media:
Sue Rutherford, +1 613-254-5269
VP of
Marketing
rutherford.sue@orbcomm.com