ROCHELLE PARK, N.J.–(BUSINESS WIRE)–ORBCOMM Inc. (Nasdaq:ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that it will offer its portfolio of M2M solutions to government customers under Corp Ten’s General Services Administration (GSA) schedule. A long-time ORBCOMM partner, Corp Ten is a leading provider of integrated GPS tracking and information management solutions for the federal government.
“We are pleased to build on Corp Ten’s long-standing relationship with GSA and provide cost-effective, advanced M2M solutions through a universal vehicle to help government customers increase operational efficiency and visibility of their global assets.”
As part of Corp Ten’s GSA schedule, ORBCOMM can efficiently market its M2M products and services, including satellite and cellular connectivity from ORBCOMM and its global network partners, asset tracking and monitoring devices, satellite modems, Radio Frequency Identification (RFID) tags and web reporting applications, directly to federal, state and local government agencies. The GSA schedule allows government agencies to purchase commercial goods and services using pre-negotiated terms and pricing in order to streamline the procurement process.
“Having ORBCOMM products and services available on the GSA schedule marks a significant milestone for our company and expands our reach into the government market,” said Marc Eisenberg, Chief Executive Officer of ORBCOMM. “We are pleased to build on Corp Ten’s long-standing relationship with GSA and provide cost-effective, advanced M2M solutions through a universal vehicle to help government customers increase operational efficiency and visibility of their global assets.”
“The addition of ORBCOMM’s M2M solutions to our GSA schedule is a perfect complement to our current government offerings and greatly broadens the scope of our value chain,” said Kamal Sirageldin, Chief Executive Officer of Corp Ten. “ORBCOMM’s comprehensive product portfolio includes connectivity services from multiple networks and a broad range of tracking devices ranging from modems to complete solutions, which supports Corp Ten’s strategy of delivering a wide range of versatile, high-performance solutions to government customers.”
ORBCOMM’s M2M solutions will be available under Corp Ten’s UniTrac and UCAP device management and billing systems, which have become the standard for many government customers for enabling multi-network, multi-device operations within a common framework. These devices can also be managed by ORBCOMM’s robust web applications, which offer advanced reporting and analytics capabilities for asset tracking and monitoring solutions.
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., Hub Group, 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, 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 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.
About Corp Ten International
Founded in 1984, Corp Ten has grown to become a world leader in GPS tracking and related technologies. Headquartered in Baltimore, MD, Corp Ten is now part of the Cobham plc group, a leading provider of integrated homeland security solutions based in the United Kingdom. Corp Ten designs, produces and delivers tracking and information systems from large scale enterprise solutions to more personalized solutions. Corp Ten also carries and maintains its own GSA schedule of our product line and services for our Government clients. For more information, visit www.corpten.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, 2013, 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
Chelsey McGrogan, 330-285-1817