Company’s new heavy equipment telematics solution and
multi-network management portal honored for exceptional innovation
ROCHELLE PARK, N.J.--(BUSINESS WIRE)--Aug. 16, 2016--
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 a winner of two IoT Evolution Product of the Year Awards
for the ORBCOMMPT
7000 and the ORBCOMMconnect
multi-network management portal by IoT
Evolution magazine and IoT
Evolution World, the leading magazine and Web site covering IoT
technologies.
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
heavy equipment fleets 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 and monitor fuel usage
to optimize fuel consumption.
The ORBCOMMconnect portal gives customers comprehensive control over
their wireless services and connected devices, while reducing the
complexity of managing and integrating multiple connectivity offerings.
With ORBCOMMconnect, customers have access to three satellite
and seven Tier One cellular
networks in a single platform. Through the portal’s robust account
management capabilities, both small and large enterprises are able to
provision units, enable single or dual-mode connectivity options, set
automated thresholds and account-wide alerts to prevent data overages
and control subscriber status changes, as well as greatly streamline
billing processes. The ORBCOMMconnect
portal is also available for both iOS and Android devices as a mobile
application to enable subscriber management on the go.
“It’s an honor to be recognized once again for being at the forefront of
technology innovation in the IoT industry with two IoT Evolution Product
of the Year Awards,” said Marc Eisenberg, ORBCOMM’s Chief Executive
Officer. “With one of the largest engineering teams in the industry, we
are focused on the continuous development of ORBCOMM products and
solutions that reduce costs and time to market and achieve increased
scale across our business, while providing our customers with the most
complete set of products, applications, professional services and
capabilities for a multitude of vertical markets.”
“The solutions selected for the IoT Evolution Product of Year Award
reflect the diverse range of innovation driving the M2M market today. It
is my honor to congratulate ORBCOMM for their innovative work and
superior contribution to the rapidly evolving IoT industry,” said Carl
Ford, CEO of Crossfire Media, a co-publisher of IoT Evolution.
The winners of the 2016 IoT Evolution Product of the Year Award will be
published in the next issue of IoT
Evolution magazine.
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/20160816005647/en/
Source: ORBCOMM Inc.
For Investors:
ORBCOMM Inc.
Michelle Ferris, +1
703-433-6516
Director of Corporate Communications
ferris.michelle@orbcomm.com
or
For
Trade Media:
ORBCOMM Inc.
Sue Rutherford, +1
613-254-5269
VP of Marketing
rutherford.sue@orbcomm.com