ORBCOMM’s Partner, LuxSpace, Awarded Multi-Year AIS Contract with the European Maritime Safety Agency (EMSA)
ORBCOMM’s Partner, LuxSpace, Awarded Multi-Year AIS Contract with the
European Maritime Safety Agency (EMSA)
Provides timely and reliable satellite AIS data
Business Wire
FORT LEE, N.J. -- June 18, 2012
ORBCOMM Inc. (Nasdaq: ORBC), a global satellite data communications company
focused on two-way Machine-to-Machine (M2M) communications, announces the
award of a multi-year framework contract with the European Maritime Safety
Agency (EMSA) through ORBCOMM’s partner, LuxSpace Sarl (LuxSpace), an
affiliate of OHB System AG. ORBCOMM and LuxSpace will provide satellite
Automatic Identification System (AIS) data used for ship tracking and other
maritime navigational and safety efforts to EMSA for designated regions and
specific maritime projects. The framework contract is funded for up to 500,000
Euros (US $625,000) for the first year with options for an additional two
years with funding levels yet to be determined.
The contract award was the result of a competitive bid among providers of
space-based AIS data service. EMSA determined that the AIS service provided by
ORBCOMM and LuxSpace was superior, citing the service offering ‘was the most
advantageous in regards of quality price ratio.’ Headquartered in Lisbon,
Portugal, EMSA is one of the largest consolidators of AIS data and is
responsible for maritime safety, pollution and security on board ships for the
European Union and its Member States.
“We are pleased to announce the new EMSA contract, which solidifies our market
leadership in providing space-based AIS services,” said Marc Eisenberg,
ORBCOMM’s Chief Executive Officer. “This contract award affirms that ORBCOMM’s
AIS offering provides the best combination of quality and price available in
the market today.”
In addition to EMSA’s prestigious contract award, ORBCOMM and its AIS partners
have signed several additional contracts for satellite AIS data services
around the world, further expanding its market share and adding key customers
within the maritime industry. ORBCOMM is also actively participating in
numerous AIS demonstrations and tests, including an extensive Naval exercise
conducted by 22 Pacific Rim nations in the Pacific Ocean starting at the end
of June.
To further improve ORBCOMM’s global AIS service, eighteen additional
AIS-enabled satellites that make up ORBCOMM’s next generation constellation
are scheduled to begin launching later this year. These additional satellites
will enhance ORBCOMM’s unmatched coverage, highest refresh rates and superior
performance.
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, Hitachi Construction Machinery, Hyundai Heavy
Industries, Asset Intelligence (a division of I.D. Systems, Inc.), 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 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
based products are installed on trucks, containers, marine vessels,
locomotives, backhoes, pipelines, oil wells, utility meters, storage tanks and
other assets. Through its recently acquired StarTrak Information Technologies,
LLC and StarTrak Logistics Management Solutions, LLC (formerly PAR Logistics
Management Solutions) businesses, ORBCOMM is an innovator and leading provider
of tracking, monitoring and control services for the refrigerated transport
market. Under its ReeferTrak^®, GenTrak ^TM, and CargoWatch^TM brands, the
company provides customers with the ability to proactively monitor, manage and
remotely control their refrigerated transport assets. Additionally, ORBCOMM
provides Automated Identification System (AIS) data services for vessel
tracking and to improve maritime safety to government and commercial customers
worldwide. ORBCOMM is headquartered in Fort Lee, New Jersey and has its
network control center in Dulles, Virginia. For more information, visit
www.orbcomm.com.
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:
market acceptance and success of our Automatic Identification System (“AIS”)
business; satellite launch and construction delays and cost overruns of our
next-generation satellites and launch vehicles; the failure of our systems 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. 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,
2011, 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.
Contact:
Investor Inquiries:
ORBCOMM Inc.
Michael Rindos, 703-433-6505
VP, Strategic Development and Investor Relations
rindos.michael@orbcomm.com
or
Media Inquiries:
The Abernathy MacGregor Group
Jennifer Stroud, 212-371-5999
Vice President
jcl@abmac.com
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