ORBCOMM Inc. (Nasdaq: ORBC), a global satellite data communications company focused on two-way Machine-to-Machine (M2M) communications, and Sierra Wireless (NASDAQ: SWIR - TSX:SW) today announced that they have entered into an agreement to integrate innovative capabilities of Sierra Wireless's M2M services platform (M2MOperatingPortal(TM)) within ORBCOMM's web services portal to enable customers to control their M2M services, devices, and communications.
ORBCOMM's web services portal, expected to be commercially released in the first quarter of 2010, will combine comprehensive subscriber management functions with many innovative capabilities for device management, including:
- Customer control of devices and airtime subscriptions across the multiple networks offered by ORBCOMM, including ORBCOMM's own proprietary satellite network and GSM and CDMA terrestrial networks.
- Customer-defined usage thresholds and alarms that allow customers to receive notifications when their devices reach the defined usage limit, giving customers greater control of overages and, therefore, their wireless service charges.
- Comprehensive control of remote devices and applications, including the capability to remotely update a device's firmware and embedded applications over the air, representing significant control of devices.
- The portal will enable integrated dual mode services, which creates a single subscriber from multiple airtime subscriptions. ORBCOMM's customers will also benefit from receiving one consolidated bill, reducing the complexity of invoice management.
"In terms of M2M, many aspects of this portal represent significant steps forward compared to what is currently available from many other carriers and operators," said Marc Eisenberg, Chief Executive Officer of ORBCOMM. "Comprehensive device management and diagnostic capabilities are critical for anyone deploying M2M solutions and can no longer be considered options. Sierra Wireless's M2MOperatingPortal(TM) is a complete, scalable and secure M2M services platform. Partnering with Sierra Wireless takes ORBCOMM's capabilities in this area to the state-of-the-art, allowing our customers to remotely administer firmware and software updates, troubleshoot application or connectivity issues and manage all aspects of their data communications."
"ORBCOMM's unique multi-network infrastructure is the ideal companion to demonstrate our M2M services portfolio capabilities, ranging from device management to hosting and operating of M2M applications," said Emmanuel Walckenaer, Senior Vice President and General Manager of Sierra Wireless Solutions & Services. "ORBCOMM is in a position to capitalize on the growing demand for M2M enablement services - the layer of services that sits between network connectivity and the customer's application."
For more information about Sierra Wireless Solutions & Services and the M2MOperatingPortal, visit www.sierrawireless.com/.... To contact the Sierra Wireless Solutions & Services sales team, please email solutions-sales@sierrawireless.com.
About ORBCOMM Inc.
ORBCOMM is a leading global satellite data communications company, focused on Machine-to-Machine (M2M) communications. Its customers include Caterpillar Inc., Doosan Infracore America, General Electric, Hitachi Construction Machinery, Hyundai Heavy Industries, Komatsu Ltd., Manitowoc Crane Companies, Inc., and Volvo Construction Equipment among other industry leaders. By means of a global network of low-earth orbit (LEO) satellites and accompanying ground infrastructure, ORBCOMM's low-cost and reliable two-way data communications track, monitor and control mobile and fixed assets in four core markets: commercial transportation; heavy equipment; industrial fixed assets; and marine/homeland security. ORBCOMM-based products are installed on trucks, containers, marine vessels, locomotives, backhoes, pipelines, oil wells, utility meters, storage tanks and other assets. ORBCOMM is headquartered in Fort Lee, New Jersey and has its network control center in Dulles, Virginia. For more information, visit www.orbcomm.com.
ORBCOMM 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. These risks and uncertainties include but are not limited to: the impact of global recession and continued worldwide credit and capital constraints; substantial losses we have incurred and expect to continue to incur; demand for and market acceptance of our products and services and the applications developed by our resellers; loss or decline or slowdown in the growth in business from the Asset Intelligence division of General Electric Company ("GE" or "General Electric" or "GEAI"), other value-added resellers or VARs and international value-added resellers or IVARs; loss or decline or slowdown in growth in business of any of the specific industry sectors the Company serves, such as transportation, heavy equipment, fixed assets and maritime; litigation proceedings; technological changes, pricing pressures and other competitive factors; the inability of our international resellers to develop markets outside the United States; market acceptance and success of our AIS business; the in-orbit satellite failure of the Coast Guard demonstration or the quick-launch satellites, satellite launch and construction delays and cost overruns and in-orbit satellite failures or reduced performance; the failure of our system or reductions in levels of service due to technological malfunctions or deficiencies or other events; our inability to renew or expand our satellite constellation; political, legal regulatory, government administrative and economic conditions and developments in the United States and other countries and territories in which we operate; and changes in our business strategy; and the other risks described in our filings with the Securities and Exchange Commission. Unless required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. For more detail on these and other risks, please see our "Risk Factors" section in our annual report on Form 10-K for the year ended December 31, 2008.
ORBCOMM's web services portal, expected to be commercially released in the first quarter of 2010, will combine comprehensive subscriber management functions with many innovative capabilities for device management, including:
- Customer control of devices and airtime subscriptions across the multiple networks offered by ORBCOMM, including ORBCOMM's own proprietary satellite network and GSM and CDMA terrestrial networks.
- Customer-defined usage thresholds and alarms that allow customers to receive notifications when their devices reach the defined usage limit, giving customers greater control of overages and, therefore, their wireless service charges.
- Comprehensive control of remote devices and applications, including the capability to remotely update a device's firmware and embedded applications over the air, representing significant control of devices.
- The portal will enable integrated dual mode services, which creates a single subscriber from multiple airtime subscriptions. ORBCOMM's customers will also benefit from receiving one consolidated bill, reducing the complexity of invoice management.
"In terms of M2M, many aspects of this portal represent significant steps forward compared to what is currently available from many other carriers and operators," said Marc Eisenberg, Chief Executive Officer of ORBCOMM. "Comprehensive device management and diagnostic capabilities are critical for anyone deploying M2M solutions and can no longer be considered options. Sierra Wireless's M2MOperatingPortal(TM) is a complete, scalable and secure M2M services platform. Partnering with Sierra Wireless takes ORBCOMM's capabilities in this area to the state-of-the-art, allowing our customers to remotely administer firmware and software updates, troubleshoot application or connectivity issues and manage all aspects of their data communications."
"ORBCOMM's unique multi-network infrastructure is the ideal companion to demonstrate our M2M services portfolio capabilities, ranging from device management to hosting and operating of M2M applications," said Emmanuel Walckenaer, Senior Vice President and General Manager of Sierra Wireless Solutions & Services. "ORBCOMM is in a position to capitalize on the growing demand for M2M enablement services - the layer of services that sits between network connectivity and the customer's application."
For more information about Sierra Wireless Solutions & Services and the M2MOperatingPortal, visit www.sierrawireless.com/.... To contact the Sierra Wireless Solutions & Services sales team, please email solutions-sales@sierrawireless.com.
About ORBCOMM Inc.
ORBCOMM is a leading global satellite data communications company, focused on Machine-to-Machine (M2M) communications. Its customers include Caterpillar Inc., Doosan Infracore America, General Electric, Hitachi Construction Machinery, Hyundai Heavy Industries, Komatsu Ltd., Manitowoc Crane Companies, Inc., and Volvo Construction Equipment among other industry leaders. By means of a global network of low-earth orbit (LEO) satellites and accompanying ground infrastructure, ORBCOMM's low-cost and reliable two-way data communications track, monitor and control mobile and fixed assets in four core markets: commercial transportation; heavy equipment; industrial fixed assets; and marine/homeland security. ORBCOMM-based products are installed on trucks, containers, marine vessels, locomotives, backhoes, pipelines, oil wells, utility meters, storage tanks and other assets. ORBCOMM is headquartered in Fort Lee, New Jersey and has its network control center in Dulles, Virginia. For more information, visit www.orbcomm.com.
ORBCOMM 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. These risks and uncertainties include but are not limited to: the impact of global recession and continued worldwide credit and capital constraints; substantial losses we have incurred and expect to continue to incur; demand for and market acceptance of our products and services and the applications developed by our resellers; loss or decline or slowdown in the growth in business from the Asset Intelligence division of General Electric Company ("GE" or "General Electric" or "GEAI"), other value-added resellers or VARs and international value-added resellers or IVARs; loss or decline or slowdown in growth in business of any of the specific industry sectors the Company serves, such as transportation, heavy equipment, fixed assets and maritime; litigation proceedings; technological changes, pricing pressures and other competitive factors; the inability of our international resellers to develop markets outside the United States; market acceptance and success of our AIS business; the in-orbit satellite failure of the Coast Guard demonstration or the quick-launch satellites, satellite launch and construction delays and cost overruns and in-orbit satellite failures or reduced performance; the failure of our system or reductions in levels of service due to technological malfunctions or deficiencies or other events; our inability to renew or expand our satellite constellation; political, legal regulatory, government administrative and economic conditions and developments in the United States and other countries and territories in which we operate; and changes in our business strategy; and the other risks described in our filings with the Securities and Exchange Commission. Unless required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. For more detail on these and other risks, please see our "Risk Factors" section in our annual report on Form 10-K for the year ended December 31, 2008.
