GlobeNewswire Inc | Oct 20, 2020 11:00AM EDT

October 20, 2020

ROCHELLE PARK, N.J., Oct. 20, 2020 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that it has launched the ST 2100, a state-of-the-art satellite communications device that enables solution providers to easily add satellite connectivity to their IoT applications and expand to dual-mode connectivity in remote areas with limited cellular coverage. ORBCOMMs rugged and environmentally sealed ST 2100 is targeted for a number of vertical markets, such as fleet management, maritime and utilities, including fixed and mobile assets.

ORBCOMMs ST 2100 can be quickly and easily integrated into a variety of IoT applications with minimal development. Solution providers can leverage the versatile ST 2100 to provide backup satellite connectivity or serve as the sole communications device where cellular networks are unavailable or unreliable, including areas with high network congestion. The power-efficient device offers maximum reliability and security by allowing messages to be sent during temporary power loss. The device also includes a built-in navigation module that enables global reporting of location data to provide complete visibility for industrial IoT solutions. In addition, over-the-air satellite updates allow the ST 2100 to receive updated firmware versions without having to send a technician to the site, saving time and money to enable new features. With ORBCOMMs new device, solution providers can deliver ubiquitous and affordable dual-mode connectivity to customers, along with enhanced communication reliability, improved asset visibility and access to new markets and geographies.

ORBCOMM is continuing to focus on dual-mode innovation as a key driver to growth, and were pleased to launch our new ST 2100 for solution providers to cost-effectively add satellite connectivity to their IoT applications and quickly expand their market reach, said Craig Malone, ORBCOMMs Executive Vice President of Product Development. By leveraging ORBCOMMs strength in satellite IoT, weve created a robust, satellite communications device that enhances the reliability, performance and longevity of asset tracking and monitoring solutions nearly anywhere in the world.

For more information about ORBCOMMs new satellite IoT communications device, please visit https://www2.orbcomm.com/st2100.

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.

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 Companys 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 Companys control, that may cause the Companys 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. Managements 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.

ORBCOMM ContactsFor Investors:

Aly Bonilla, VP of Investor Relations +1 703.433.6360 bonilla.aly@orbcomm.com investorrelations@orbcomm.com

For Trade Media:Sue Rutherford, VP of Marketing+1 613.254.5269rutherford.sue@orbcomm.commediarelations@orbcomm.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3d30476c-ea92-4bd2-9398-c34c7d350567