DAMOS SudAmerica Announces the Launch of ORBCOMM Services.DULLES, Va.--(BUSINESS WIRE)--March 19, 1999-- DAMOS DAMOS Disposal Area Monitoring System SudAmerica and partners to market ORBCOMM satellite services in Brazil, Argentina, Uruguay, Chile, Peru, Bolivia and Paraguay ORBCOMM Global, L.P. (ORBCOMM), the first commercial provider of global low-Earth orbit See LEO. (LEO) satellite data and messaging communications services, today announced that its service licensee, DAMOS SudAmerica, officially launched its commercial data and messaging service in South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . The announcement of commercial service was made at an event held earlier this week with over 250 guests including DAMOS SudAmerica officials and Country Representatives as well as key Brazilian government officials. DAMOS SudAmerica, a partnership between Telespazio of Italy, Grupo Inepar of Brazil, Entel Chile and Group BGH (chat) bgh - Be Good Humans. of Argentina, will market ORBCOMM's satellite communications services in Brazil, Argentina, Uruguay, Chile, Peru, Bolivia and Paraguay. DAMOS SudAmerica operates the Brazilian and Argentinean gateway Earth stations - the terrestrial infrastructure that routes messages from the satellites to their intended recipients. DAMOS SudAmerica intends to target the transportation, oil and gas, marine, utility, heavy equipment and consumer markets. Each DAMOS SudAmerica Country Representative will market ORBCOMM's services through a network of value-added resellers (VARs). "DAMOS SudAmerica is going to revolutionize communications in South America
• • [ ," said Scott L. Webster, Chairman and Chief Executive Officer of ORBCOMM. "ORBCOMM's network of satellites will allow businesses to cost-effectively track and communicate with mobile and fixed assets fixed assets npl → activo sg fijo fixed assets npl → immobilisations fpl fixed assets fix npl → anywhere in the world. South America is a vibrant, important market that has been traditionally underserved by terrestrial telecommunications options, and the introduction of ORBCOMM's satellite services is expected to be well received. DAMOS SudAmerica and its Country Representatives have both the experience and the technical expertise to deliver ORBCOMM services to the 200 million people in this region, and we look forward to a successful partnership." "Expectations for the South American market are very optimistic," said Marzio Laurenti, Chief Executive Officer of DAMOS SudAmerica. "In the next five years, we believe we have an opportunity to sell up to 400,000 subscriber communicator terminals. DAMOS SudAmerica already has business partners who are responsible for marketing ORBCOMM's products and services in each of the seven countries within DAMOS SudAmerica's sector of operations. In Brazil, DAMOS SudAmerica's marketing partner is ORBCOMM Brazil." According to studies conducted by DAMOS SudAmerica, the market for the next two years will be divided as follows: 60% for applications geared towards monitoring, 30% for tracking applications and 10% for messaging applications. "Due to the inadequacy of the existing communications infrastructure, the market represented by the countries of South America is one of the most significant for ORBCOMM," Marzio Laurenti concluded. The commencement of ORBCOMM service by DAMOS SudAmerica follows a similar service launch three weeks ago by MCS Europe, the ORBCOMM service distribution partner serving 40 countries in Europe. ORBCOMM provides two-way monitoring, tracking and messaging services through the world's first low-Earth orbit satellite-based data communications system. ORBCOMM applications include monitoring of fixed assets such as electric utility meters, oil and gas storage tanks, wells and pipelines and environmental projects; tracking of mobile assets such as commercial vehicles, trailers, rail cars, heavy equipment, fishing vessels Customary International Law provides that coastal fishing boats and small boats engaged in trade, as distinguished from seagoing fishing boats and large traders, are immune from attack and seizure during war. This Immunity is lost if fishing vessels take part in the hostilities. , barges and government assets; and messaging services for consumers and commercial and government entities. ORBCOMM is a partnership owned by Orbital Sciences Corporation Orbital Sciences Corporation (OSC, though commonly referred to as Orbital) is a Dulles, Virginia company which specializes in satellite launch and manufacture. Its Launch Systems Group is heavily involved with missile defense launch systems. (NYSE NYSE See: New York Stock Exchange :ORB) and Teleglobe Inc. of Canada. Teleglobe is listed on the NYSE, TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). (Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. ) and ME (Montreal Exchange Montreal Exchange A Canadian derivatives exchange that facilitates the trading of stock options, interest rate futures and options, as well as index options and futures. Located in Montreal, Quebec, it is the country's main financial derivative market, while the Winnipeg ) under the TGO TGO Togo (ISO Country code) TGO Tarifverbund Ortenau GmbH (German) TGO The Great One (Wayne Gretzky) TGO Toxic Gas Ordinance TGO Total Gross Output symbol. Orbital is a space technology company that designs, manufactures and markets a broad range of space products and satellite-based services. Orbital's experience includes carrying out over 215 satellite, rocket and space payload missions during the last 15 years. Teleglobe Inc. is recognized as a world leader in global telecommunications. The Teleglobe network links North America with more than 240 countries and territories. This release contains forward-looking statements, including statements regarding ORBCOMM's expected commercial operations. These forward-looking statements are based on a number of assumptions and ORBCOMM's actual results and operations may be materially different from those expressed or implied by such statements. For a description of factors that may cause ORBCOMM's results to differ materially from those expressed or implied by such forward-looking statements, please consult the Securities and Exchange Act filings of ORBCOMM Global, L.P. For more information on ORBCOMM services, please call 1-800-ORBCOMM, or visit the ORBCOMM web site at www.orbcomm.com. For more information about DAMOS SudAmerica, please visit the DAMOS web site at www.damos.com. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion