ORBCOMM Announces Agreement With Largest Canadian Wireless Carrier
September 24, 2008 — ORBCOMM (Nasdaq: ORBC), announced today that it reached an agreement with the largest Canadian wireless carrier that will expand ORBCOMM's terrestrial and dual mode wireless services with the addition of GSM service in Canada. The agreement enables ORBCOMM to offer blended plans that incorporate both cellular and satellite wireless services at one low price. The combined rate plans will be marketed by ORBCOMM and its partners to address a diverse range of applications that require ubiquitous coverage and high-data rate capability.
"The addition of terrestrial wireless services in the Canadian market will enable us to combine our satellite capabilities with GSM to create a very compelling combination of coverage, performance and price," said Marc Eisenberg, ORBCOMM's Chief Executive Officer. "Several of ORBCOMM's resellers and end-users are currently utilizing dual mode products in the United States and other areas. We expect that several of these will be introduced to the Canadian market as we roll out services there."
About ORBCOMM Inc.
ORBCOMM is a leading global satellite data communications company, focused on Machine-to-Machine (M2M) communications. Its customers include Caterpillar Inc., General Electric, Hitatchi Construction Machinery, Komatsu Ltd., and Volvo Group 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 products and services track, monitor and control mobile and fixed assets in four core markets: commercial transportation; heavy equipment; industrial fixed assets; and marine/homeland security. The Company's 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 a network control center in Dulles, Virginia. For more information, click here.