ORBCOMM Wins 2013 CTIA E-Tech Award
Recognized for Innovation in M2M, Sensors, RFID & NFC Category
ROCHELLE PARK, N.J.--(BUSINESS WIRE)-- ORBCOMM Inc. (NAS: ORBC) , a global provider of Machine-to-Machine (M2M) solutions, today announced that its GT 1100, a self-powered M2M asset tracking and monitoring device, was named the winner in the M2M, Sensors, RFID, & NFC category of CTIA's 2013 Emerging Technology (E-Tech) Awards. The CTIA E-Tech Awards honor the industry's most innovative new wireless products and services in mobile apps, consumer electronics, enterprise & vertical markets, and network. Winners were announced at today's awards ceremony during the CTIA Conference at the Sands Expo & Convention Center in Las Vegas, NV.
"We are honored that ORBCOMM's new, powerful GT 1100 M2M solution has won CTIA's prestigious award and that we have been recognized for our 14 years of innovation in the M2M industry," said Marc Eisenberg, ORBCOMM's Chief Executive Officer. "We will continue to develop breakthrough M2M products and solutions for our key global markets that will enable our customers to operate smarter and more efficiently than ever before."
ORBCOMM's ruggedized, easy-to-install device is designed to fit seamlessly in between the indented spacing on intermodal containers. Its low, one-inch height profile and small form factor are also ideal for tracking and monitoring trailers and other types of cargo assets. The GT 1100 is sensor-compatible and self-powered with solar recharging technology for low power consumption, which works well for tracking and monitoring other remote unpowered assets such as construction and mining equipment. The GT 1100 can also be paired with a robust software application, CargoWatch™, for comprehensive device management. In addition, the ORBCOMM GT 1100 can support three modes of communication -satellite, cellular and dual-mode, which blends satellite and cellular capability.
Nearly 300 entries in the CTIA E-Tech Awards competition were judged by a panel of highly-respected industry experts, reporters and analysts. Submissions were scored on innovation, functionality, technological importance, implementation and overall "wow" factor.
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, Asset Intelligence (a division of I.D. Systems, Inc.), Komatsu Ltd., Manitowoc Crane Companies, Inc., and Volvo Construction Equipment among other industry leaders. By means of a global network of low-earth orbit (LEO) satellites and accompanying ground infrastructure, ORBCOMM's 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 based products are installed on trucks, containers, marine vessels, locomotives, backhoes, pipelines, oil wells, utility meters, storage tanks and other assets.
ORBCOMM is an innovator and leading provider of tracking, monitoring and control services for the refrigerated transport market. Under its ReeferTrak®, GenTrakTM, and CargoWatchTM brands, the company provides customers with the ability to proactively monitor, manage and remotely control their refrigerated 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 network control center in Dulles, Virginia. For more information, visit www.orbcomm.com.
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, 2012, 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.
Robert Costantini, 703-433-6305
Chief Financial Officer
The Abernathy MacGregor Group
Chuck Burgess, 212-371-5999
KEYWORDS: United States North America Nevada New Jersey
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