ORBCOMM Launches Chassis Tracking Solution to Transportation Industry
ORBCOMM Inc. (Nasdaq:ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced the launch of its GT 1100 Chassis Tracking Solution (CTS) to the transportation and distribution industry at the American Trucking Association Management Conference & Exhibition from October 4-7 in San Diego, CA.
ORBCOMM’s GT 1100-CTS has been designed and engineered specifically to facilitate chassis management for owners and operators with any size fleet. This complete, integrated solution features ORBCOMM’s award-winning GT 1100 tracking and monitoring device combined with its PS 100 proximity sensor and custom mounting bracket. The GT 1100-CTS provides accurate chassis location and timely load status information, including the ability to determine if the associated container is mounted or unmounted on the chassis as it moves throughout the supply chain. With ORBCOMM’s cost-effective GT 1100-CTS, customers can generate more efficiencies through increased asset utilization, faster turn times, more accurate billing and enhanced lane and yard planning.
ORBCOMM’s ruggedized GT 1100 and PS 100 can be easily installed on all chassis types. The solution’s low profile and sleek design facilitate covert mounting so that both the device and the proximity sensor are protected from contact with the container during chassis loading. In addition, the GT 1100-CTS connects to both the tractor’s power source as well as the device’s solar rechargeable battery for uninterrupted connectivity. This dual-power source ensures efficient messaging and long service life in the field, providing a reliable solution with a low cost of ownership.
“With the launch of our powerful GT 1100-CTS, ORBCOMM has further enhanced its solutions portfolio for the transportation industry so we can track and monitor nearly every type of transport asset – from dry to refrigerated trailers, rail, intermodal containers, gensets and now chassis,” said Marc Eisenberg, Chief Executive Officer of ORBCOMM. “We are making it easy for a company in transportation to control all of their assets.”
ORBCOMM’s chassis tracking solution also includes CargoWatch(R), a robust web application for comprehensive device management. This state-of-the-art application delivers near-real-time alerts on chassis location, geofence entry and exit, status change events (bare or mounted) and historical reporting, providing complete visibility and enhanced operational efficiency for chassis owners and operators.
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.
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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