ORBCOMM Named Satellite M2M Service Provider of the Year by Compass Intelligence
ORBCOMM Inc. (Nasdaq:ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has been named the Satellite M2M Service Provider of the Year as part of the 3rd Annual 2016 Compass Intelligence A-List in M2M Awards. Christian Allred, ORBCOMM’s General Manager and Senior Vice President of Enterprise Solutions, was presented with the award and delivered the keynote presentation at the Compass Intelligence press luncheon held yesterday at the Las Vegas Convention Center and World Trade Center during the 2016 International CES® trade show in Las Vegas, NV.
“Compass Intelligence’s Satellite M2M Service Provider of the Year Award is a great honor and a testament to the superior service and reliability of ORBCOMM’s advanced satellite network, which enables a broad range of M2M and IoT asset tracking and monitoring applications for some of the largest enterprises in the world,” said Marc Eisenberg, ORBCOMM’s Chief Executive Officer. “With the successful launch of our second and final OG2 mission last month, ORBCOMM is the only fully funded, fully operational, next generation satellite network purpose-built for the global M2M industry.”
“Each year Compass Intelligence recognizes the best of the best in mobile, IoT and green technology, and this year is no exception as we have an elite list of award recipients,” states Stephanie Atkinson, CEO & founder of Compass Intelligence. “The 2016 list of esteemed awardees showcase best of breed and state-of-the-art products, services, and technologies that continue to advance the technology market, especially in mobile and IoT.”
The Compass Intelligence Awards include three main categories including Mobility, A-List in IoT & M2M, and Bamboo Mobile (Green Technology) awards. The award recipients were selected by 60+ industry-leading press, editors, and analysts who cover the mobile and wireless market and recognize the best in mobile devices and software, wireless communications, IoT, wearables, green technology, and connected products offered in the market during the past year.
About ORBCOMM Inc.
ORBCOMM Inc. (Nasdaq: ORBC) is a leading global provider of Machine-to-Machine (M2M) communication solutions and the only commercial satellite network dedicated to M2M. ORBCOMM’s unique combination of global satellite, cellular and dual-mode network connectivity, hardware, web reporting applications and software is the M2M industry’s most complete service offering. Our solutions are designed to remotely track, monitor, and control fixed and mobile assets in core vertical markets including transportation & distribution, heavy equipment, industrial fixed assets, oil & gas, maritime, mining and government.
With nearly 20 years of innovation and expertise in M2M, ORBCOMM has more than 1.3 million subscribers with a diverse customer base including premier OEMs such as Caterpillar Inc., Doosan Infracore America, Hitachi Construction Machinery Co., Ltd., John Deere, Komatsu Ltd., and Volvo Construction Equipment, as well as end-to-end solutions customers such as C&S Wholesale, Canadian National Railways, CR England, Hub Group, KLLM Transport Services, Marten Transport, Swift Transportation, Target, Tropicana, Tyson Foods, Walmart and Werner Enterprises. For more information, visit www.orbcomm.com.
About Compass Intelligence
Compass Intelligence, a market analytics and consulting firm, specializes in metrics-driven market intelligence and insights for the mobile, IoT, and high-tech industries. Compass Intelligence provides executive insights, market sizing/modeling, competitive analysis, strategic consulting, and expert recommendations on multiple markets. Visit us at http://www.compassintelligence.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, 2014, 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.