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ORBCOMM Wins 2016 IoT Innovations Award from Connected WorldORBCOMM (News - Alert) Inc. (Nasdaq:ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has received the 2016 IoT Innovations Award from Connected World magazine for its ORBCOMMconnect multi-network management portal. The ORBCOMMconnect portal gives customers comprehensive control over their wireless services and connected devices, while reducing the complexity of managing and integrating multiple connectivity offerings. With ORBCOMMconnect, customers have access to three satellite and seven Tier One cellular networks in a single platform. ORBCOMMconnect simplifies the process of enabling wireless capability across a broad range of M2M and IoT asset tracking and monitoring solutions in a variety of vertical markets. Through the portal's robust account management capabilities, both small and large enterprises are able to provision units, enable single or dual-mode connectivity options, set automated thresholds and account-wide alerts to prevent data overages and control subscriber status changes, as well as greatly streamline billing processes. A flexible, secure API seamlessly delivers device data directly into customers' enterprise back-office systems. The ORBCOMMconnect portal is also available for both iOS and Android (News - Alert) devices as a mobile application to enable subscriber management on the go. "We are honored to be part of Connected World's IoT Innovations Awards again this year, as it demonstrates that our commitment to technology innovation remains a key driver of our success and leadership in the IoT industry," said Marc Eisenberg (News - Alert), ORBCOMM's Chief Executive Officer. "Through the ORBCOMMconnect portal, we can optimize M2M and IoT service delivery and subscriber management across multiple networks, improving business processes and helping to reduce and control costs for our customers." "A number of new and impressive technologies were submitted, and there doesn't seem to be a shortage of creative ideas," says Peggy Smedley, Editorial Director, Connected World magazine. "This round of winners have truly earned the accolades of the Connected World editors for creating remarkable solutions that allow businesses to forge new pathways via IoT platforms in an effort to monitor and network operations, or simply to help make our world a little more connected." Connected World magazine judged the submissions for their annual award based on IoT products that demonstrated a unique level of versatility and creativity and set new bars for their companies and their respective industries. ORBCOMM and the other 2016 IoT Innovations Award winners will be featured in the June/July issue of Connected World magazine. 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 1.6 million subscribers with a diverse customer base including premier OEMs such as Caterpillar Inc., Doosan Infracore America, Hitachi (News - Alert) 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 (News - Alert), Tropicana, Tyson Foods, Walmart and Werner Enterprises. For more information, visit www.orbcomm.com. About Connected World Magazine Connected World is the business and technology publication that provides the intelligence industry titans need and the guidance consumers crave. It's all about M2M. connectedworld.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. 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, 2015, 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.
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