– Receives service authorization and begins the process to construct a GES in Oman through local telecom partner –
– Brazil GES purchase completes Western Hemisphere GES consolidation enhancing service to entire region –
ROCHELLE PARK, N.J.--(BUSINESS WIRE)-- ORBCOMM Inc. (Nasdaq:ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that Mahd Telecom, ORBCOMM’s Muscat, Oman-based national service provider partner for Oman and other Gulf Cooperation Council (GCC) countries, has been granted regulatory approval to provide ORBCOMM services in Oman. Issuance of the service authorization allows for installation of a new ORBCOMM Gateway Earth Station (GES) in Oman and completion of the radio spectrum licensing process. In addition, ORBCOMM has signed an agreement to purchase the ORBCOMM GES located near Rio de Janeiro, Brazil, from its local service partner, completing ORBCOMM’s ownership consolidation of all Western Hemisphere GES facilities.
The Oman and Brazil GESs, together with fourteen other strategically-placed ORBCOMM GES facilities located throughout the world, connect ORBCOMM’s satellite constellation to its ground-based network infrastructure. In addition to providing links to ORBCOMM’s fleet of first generation satellites, ORBCOMM’s global network of GES facilities will also enable ORBCOMM to deliver the advanced services provided by its recently launched ORBCOMM Generation 2 (OG2) satellites, making ORBCOMM’s M2M communications offerings even more efficient, reliable and globally available.
“With the successful launch of the first OG2 mission and the impending improvements in service, we are focusing on all aspects of our network to deliver the best satellite M2M product in the industry,” said Marc Eisenberg, Chief Executive Officer of ORBCOMM. “The new authorization and GES installation in Oman will significantly improve service levels in the Middle East region and provide satellite access to a new major market for deployment of ORBCOMM solutions. Furthermore, ORBCOMM’s purchase of the Brazil GES completes our Western Hemisphere GES consolidation program, bringing increased efficiencies and service reliability enhancements for our customers throughout the Americas, the Atlantic Ocean, and even parts of Africa.”
“We have been following ORBCOMM’s growing momentum with great excitement and are pleased to have the ability to help bring ORBCOMM’s products and services to the GCC and broader Middle East region,” said a representative from Mahd Telecom. “We believe that given Mahd Telecom’s understanding of the local customer base and ORBCOMM’s broad range of M2M offerings we will be able to offer new products and services to the oil & gas sector as well as address several underserved markets such as refrigerated and dry fleet container tracking and many new projects focused around the maritime industry not only in Oman, but also throughout the region.”
ORBCOMM expects to continue to expand its global communications network through its ongoing efforts to open new markets in additional countries and the construction of additional GESs in key locations to serve these new markets.
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, 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.
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
Source: ORBCOMM Inc.