Commemorates 10th
anniversary of Company’s IPO and listing on Nasdaq stock exchange
ROCHELLE PARK, N.J.--(BUSINESS WIRE)--Nov. 3, 2016--
ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine
(M2M) and Internet of Things (IoT) solutions, today announced that it
will participate in Nasdaq’s closing bell ceremony at Nasdaq MarketSite
in Times Square, New York this afternoon at 4:00 pm ET. The ceremony
will begin with remarks from ORBCOMM’s Chief Executive Officer, Marc
Eisenberg, who will ring Nasdaq’s closing bell to signal the end of the
day’s stock trading session.
ORBCOMM was invited to the Nasdaq ceremony in commemoration of the 10th
anniversary of its listing on the Nasdaq stock exchange. The company
went public on the Nasdaq Global Market following the successful
completion of its Initial Public Offering in November 2006.
“The ORBCOMM team is honored to participate in Nasdaq’s closing bell
ceremony and celebrate our tenth anniversary as a public company,” said
Marc Eisenberg, ORBCOMM’s Chief Executive Officer. “Over the past 10
years, we have built ORBCOMM into a leading player in the Internet of
Things industry as evidenced by our dynamic growth, technology
innovation and entrepreneurial spirit. I’d like to thank our
shareholders for their support and the best employees in the industry
who are an integral part of our continued success.”
A live broadcast of Mr. Eisenberg’s remarks and the Nasdaq closing bell
ceremony will be available starting at 3:45 pm ET at https://new.livestream.com/nasdaq/live.
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 1.6 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161103005192/en/
Source: ORBCOMM Inc.
Investor Inquiries:
ORBCOMM Inc.
Michelle
Ferris, 703-433-6516
Director of Corporate Communications
ferris.michelle@orbcomm.com
or
Financial
Media:
The Abernathy MacGregor Group
Alan Oshiki,
212-371-5999
Executive Vice President
aho@abmac.com