ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of
Things (IoT) solutions, today announced that its next generation,
solar-powered GT 1200 series of trailer tracking devices has
received a 2020 IoT Evolution Product of the Year Award from IoT
Evolution World, the leading web site covering IoT technologies.
ORBCOMM was the first to market in 2013 with its
award-winning GT 1100 solar-powered asset management solution.
Hundreds of thousands of devices later, ORBCOMM’s latest GT 1200
series set the bar again in 2020 with the next wave of innovation
for solar-powered asset management. The GT 1200 series includes an
enhanced, high-sensitivity solar panel that charges up to 20 times
faster than its predecessor even without direct sunlight, resulting
in up to three times more messages per day for increased asset
utilization. The compact devices are ruggedized to withstand
extreme conditions, require no battery changes for up to 10 years
and include built-in tamper and impact detection. The GT 1200
series also can easily be configured with ORBCOMM’s integrated
cargo sensor and other wireless sensors. With a new streamlined
design, the devices can be installed externally on all cargo asset
types in about 10 minutes, even when the asset is full, making
customer deployments quick and efficient with minimal disruption to
their operations.
“ORBCOMM continues to lead the industrial IoT
market with breakthrough innovation that enhances and expands our
product and solution portfolio, which is validated by winning the
IoT Evolution Product of the Year Award,” said Craig Malone,
ORBCOMM’s Executive Vice President of Product Development. “With
expanded support for wireless sensors, an improved solar panel and
faster field installation, ORBCOMM’s GT 1200 series is the
industry’s top choice for trailer tracking, offering incremental
benefits to our transportation customers looking to streamline
their fleet operations, gain efficiencies and manage their business
remotely in today’s stay-at-home economy.”
“The solutions selected for the IoT Evolution
Product of Year Award reflect the diverse range of innovation
driving the multi-billion dollar IoT market today. It is my honor
to congratulate ORBCOMM for their innovative work and superior
contribution to the rapidly evolving IoT industry,” said Rich
Tehrani, CEO of TMC, a co-publisher of IoT Evolution.
“It is my pleasure to recognize the GT 1200, an
innovative solution that earned ORBCOMM the 2020 IoT Evolution
Product of the Year Award,” said Ken Briodagh, Editorial Director
for IoT Evolution World. “I look forward to seeing even more
innovation from ORBCOMM in the future.”
ORBCOMM’s GT 1200 series of devices is part of a
comprehensive telematics solution that includes multiple sensor
options, user-friendly applications and reliable cellular and
optional satellite connectivity for hassle-free trailer and
container tracking. For more information, please visit
https://www.orbcomm.com/en/hardware/devices/gt-1200.
About ORBCOMM Inc.
ORBCOMM (Nasdaq: ORBC) is a global leader and
innovator in the industrial Internet of Things, providing solutions
that connect businesses to their assets to deliver increased
visibility and operational efficiency. The company offers a broad
set of asset monitoring and control solutions, including seamless
satellite and cellular connectivity, unique hardware and powerful
applications, all backed by end-to-end customer support, from
installation to deployment to customer care. ORBCOMM has a diverse
customer base including premier OEMs, solutions customers and
channel partners spanning transportation, supply chain, warehousing
and inventory, heavy equipment, maritime, natural resources, and
government. For more information, visit www.orbcomm.com.
About Crossfire MediaCrossfire
Media is an integrated marketing company with a core focus on
future trends in technology. We service communities of interest
with conferences, tradeshows, webinars and newsletters. Crossfire
Media has a partnership with Technology Marketing Corporation (TMC)
to produce events and websites related to disruptive technologies.
Crossfire Media is a division of Crossfire Consulting, a full
service Information Technology company based in New York.
About TMCThrough education,
industry news, live events and social influence, global buyers rely
on TMC’s content-driven marketplaces to make purchase decisions and
navigate markets. As a result, leading technology vendors turn to
TMC for unparalleled branding, thought leadership and lead
generation opportunities. Our in-person and online events deliver
unmatched visibility and sales prospects for all percipients.
Through our custom lead generation programs, we provide clients
with an ongoing stream of leads that turn into sales opportunities
and build databases. Additionally, we bolster brand reputations
with the millions of impressions from display advertising on our
news sites and newsletters. Making TMC a 360 degree marketing
solution, we offer comprehensive event and road show management
services and custom content creation with expertly ghost-crafted
blogs, press releases, articles and marketing collateral to help
with SEO, branding, and overall marketing efforts. For more
information about TMC and to learn how we can help you reach your
marketing goals, please visit http://www.tmcnet.com and follow us
on Facebook, LinkedIn and Twitter, @tmcnet.
Forward-Looking Statements
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, 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.
A photo accompanying this announcement is available
at: https://www.globenewswire.com/NewsRoom/AttachmentNg/74e56afa-53bf-49c5-a400-1c2d668df43b
ORBCOMM Contacts |
|
For Trade Media: |
For Trade Media: |
Sue Rutherford, VP of Marketing |
Susan Fall, President |
ORBCOMM Inc. |
LaunchIt PR |
+1 613.254.5269 |
+1 619.890.9415 |
rutherford.sue@orbcomm.com |
susan@launchitpr.com |
mediarelations@orbcomm.com |
|
For
Investors:
Aly Bonilla, VP of Investor RelationsORBCOMM
Inc.
+1
703.433.6360
bonilla.aly@orbcomm.com
investorrelations@orbcomm.com
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