ORBCOMM Nearly Doubles Billable Subscriber Communicators in 2006.26,000 Additions in Fourth Quarter Exceeds Previous Forecast FORT LEE, N.J. -- ORBCOMM Inc. (Nasdaq: ORBC ORBC Old Regular Baptist Church ORBC Oregon Bird Records Committee ), a global satellite data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. company focused on two-way Machine-to-Machine (M2M M2M Machine-to-Machine (communication, mainly mobile) M2M Minutes to Midnight (Linkin Park album) M2M Mobile to Mobile (cellular phone) M2M Member-to-Member M2M Month to Month ) communications, today announced that it ended 2006 with about 225,000 billable subscriber communicators on its data communications system, a 99% increase over the Company's subscriber communicator base of 113,000 at the end of 2005. ORBCOMM added approximately 112,000 billable subscriber communicators for the full-year 2006 and approximately 26,000 billable subscriber communicators in the fourth quarter of 2006. The number of fourth-quarter subscriber communicator additions is greater than the range of 19,000 - 25,000 previously forecast by the company. About ORBCOMM Inc. ORBCOMM is a leading global satellite data communications company, focused exclusively on Machine-to-Machine (M2M) communications. Its customers include General Electric, Caterpillar Inc., Volvo Group and Komatsu Ltd. among other industry leaders. By means of a global network of 30 low-earth orbit See LEO. (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 other assets Assets of relatively small value. For financial reporting purposes, firms frequently combine small assets into a single category rather than listing each item separately. . ORBCOMM is headquartered in Fort Lee, New Jersey Fort Lee is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 35,461. Fort Lee was formed by an Act of the New Jersey Legislature on March 29, 1904, from the remaining portions of Ridgefield Township. and has a Network Control Center in Dulles, Virginia. For more information, visit www.orbcomm.com. |
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