ORBCOMM Wins 16,000-Unit Order from One of the Nation’s Largest Retail Fleets
ORBCOMM Inc. (ORBC), a leading global provider of Machine-to-Machine (M2M) solutions, today announced that the one of nations largest retail fleets has selected ORBCOMM to deliver 16,000 dual-mode tracking and monitoring solutions across its mixed fleet of dry and refrigerated trailers. ORBCOMM expects to ship the majority of the order in the fourth quarter of this year.
ORBCOMM will provide its award-winning, dual-mode GT 1100 solution for the customers dry van assets utilizing its new, more advanced OG2 satellites and Verizons CDMA cellular network. In addition, the customer will utilize ORBCOMMs industry-leading, dual-mode RT 6000+ cold chain monitoring solution for its refrigerated assets. ORBCOMMs powerful dual-mode tracking and monitoring solutions are ideal for meeting the demanding requirements of the customers nationwide supply chain operations by ensuring complete asset visibility and continuous network coverage.
Signing one of the nations largest companies as a customer validates our ability to build and deliver high-performance M2M solutions that help our customers optimize their assets, drive down maintenance costs and increase their return on investment, said Marc Eisenberg, ORBCOMMs Chief Executive Officer. This opportunity marks our largest GT 1100 order to date and sets the stage for future growth in the transportation & distribution industry.
About ORBCOMM Inc.
ORBCOMM is a global provider of Machine-to-Machine (M2M) solutions. Its customers include Caterpillar Inc., Doosan Infracore America, Hitachi Construction Machinery, Hyundai Heavy Industries, I.D. Systems, Inc., Komatsu Ltd., Cartrack (Pty.) Ltd., and Volvo Construction Equipment, among other industry leaders. By means of a global network of low-earth orbit (LEO) satellites and accompanying ground infrastructure as well as our Tier One cellular partners, ORBCOMMs low-cost and reliable two-way data communication services track, monitor and control mobile and fixed assets in our core markets: commercial transportation; heavy equipment; industrial fixed assets; marine; and homeland security.
ORBCOMM is an innovator and leading provider of tracking, monitoring and control services for the transportation market. Under its ReeferTrak®, GenTrakTM, GlobalTrak®, and CargoWatch® brands, the company provides customers with the ability to proactively monitor, manage and remotely control their cold chain and dry transport assets. Additionally, ORBCOMM provides Automatic Identification System (AIS) data services for vessel tracking and to improve maritime safety to government and commercial customers worldwide. ORBCOMM is headquartered in Rochelle Park, New Jersey and has its Innovation & Network Control Center in Sterling, Virginia. For more information, visit www.orbcomm.com.
Investor Inquiries:
ORBCOMM Inc.
Robert Costantini, 703-433-6305
Chief Financial Officer
costantini.robert@orbcomm.com
or
Financial Media:
The Abernathy MacGregor Group
Chuck Burgess, 212-371-5999
President
clb@abmac.com
or
Trade Media:
Hardman Group
Barry Bucklin, 330-687-4545
Account Manager
barry@hardmangrp.com
