ORBCOMM Named Top 100 Technology Innovator by Connected World Magazine
ORBCOMM Inc. (Nasdaq:ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that it has been chosen as one of Connected World magazine’s select 2015 CW 100, an annual ranking of the technology leaders based on their contributions to the connected devices marketplace.
This year, more than just listing the industry’s top 100 technology innovators, each company was ranked on their game-changing technologies, products, services, and commitment to enabling connectivity as determined by the editors of Connected World. Published since 2003, this annual list has recognized companies across the globe. This ranking is considered the most definitive and influential directory when it comes to looking at the shifting demands of the market.
“We are proud to be recognized as one of the prestigious CW 100 among the leaders and influencers in the connected devices industry,” said Marc Eisenberg, Chief Executive Officer of ORBCOMM. “We will continue to accelerate development and innovation in the M2M industry and respond to the market’s evolving needs with industry-leading products and services and our new, more advanced OG2 satellite constellation that will help businesses efficiently manage and control their assets in every corner of the world.”
“When you hear about the transportation and distribution, heavy equipment, and oil and gas industries, you can’t help but think about the role in which ORBCOMM plays in helping to connect assets,” said Peggy Smedley, editorial director, Connected World magazine. “The company continues to grow in these areas adding six new companies to the mix, expanding market territory, and launching new satellites.”
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(R), GenTrakTM, GlobalTrak(R), and CargoWatch(R) 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 Connected World Magazine
Connected World is the business and technology publication that provides what the intelligence industry titans need and the guidance consumers crave. It’s all about M2M. connectedworld.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.
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