ORBCOMM Representative Receives Authorization to Operate in Mexico.ORBCOMM Service Well-Suited for Large and Growing Mexican Market DULLES, Va. -- ORBCOMM (Nasdaq; ORBC ORBC Old Regular Baptist Church ORBC Oregon Bird Records Committee ), a global satellite telecommunications company See telecom company. , today announced that its Mexican country representative, MITE Global Communications Systems S.A. de C.V. ("MITE GCS GCS Glasgow Coma Scale GCS Guilford County Schools (North Carolina) GCS Ground Control Station GCS Grand Central Station GCS Ground Control System GCS Ground Combat Systems GCS Group Communication Systems ") has obtained regulatory authorization by the Secretaria de Comunicaciones y Transportes ("SCT Sacrococcygeal teratoma (SCT) A tumor occurring at the base of the fetus's tailbone. Mentioned in: Prenatal Surgery ") to provide ORBCOMM satellite services in Mexico. ORBCOMM will offer the lowest cost, two-way machine-to-machine satellite communications in Mexico Several large U.S. telecommunications firms are active in Mexico. AT&T is partnered with Alestra while Worldcom maintains a minority share of Avantel. SBC Communications works closely in Mexico with its partner, Telmex. , one of the world's 15 largest economies and an attractive market for ORBCOMM's services. ORBCOMM and MITE GCS, headquartered in San Luis Potosi San Lu·is Po·to·sí A city of central Mexico northeast of León. It was founded in the late 1500s and is a mining, transportation, and industrial center. Population: 659,000. Noun 1. , Mexico, have been contracting with Value-Added Resellers ("VARs") during the course of the regulatory review, a process that took more than two years, and the companies expect to begin serving customers in Mexico immediately. MITE GCS has contracted with five Mexican Value-Added Resellers, including both private to government-owned partners, which have developed innovative applications for trailer tracking The term trailer tracking refers to the concept of tracking the position of an articulated vehicle’s trailer unit. This position is determined through a tracking device fitted to the trailer. and fixed-site monitoring. The regulatory authorization also opens the Mexican market to ORBCOMM's existing international Value-Added Resellers, such as General Electric, Komatsu, Caterpillar, American Innovations, and Fleet Management Solutions. "ORBCOMM's satellite service is the preferred solution for most mobile applications in Mexico, and customers have been anxiously awaiting it," said Miguel Gomez Villalobos, chief executive officer of MITE GCS. "For example, Mexico's large rural land mass has historically offered challenges for intermodal companies wanting to track their fleet from port to delivery. ORBCOMM's low-earth-orbit system now makes that possible and cost-effective. We also see attractive opportunities in the fishing and oil services industries, among others. With this authorization, we are now positioned to offer a low-cost data service to the strongest Mexican economy in the history of the country." "We look forward to building the Mexican market rapidly," said Marc Eisenberg, Chief Marketing Officer of ORBCOMM. "With the Mexican license now in place, we can now offer seamless data services throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , from Canada down through Mexico. Our international Value-Added Resellers have been gearing up to deliver their services into the Mexican market. As we continue to expand our global reach, we look forward to working with these VARs to offer ORBCOMM's services to other new markets around the world." About ORBCOMM ORBCOMM is 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 that provides reliable, cost-effective data communications services to customers around the world through its unique low-earth orbit See LEO. (LEO) satellite network and global ground infrastructure. A diverse customer base, including industry leaders General Electric, Caterpillar Inc., Volvo Group, XATA, Hitachi and Komatsu, uses ORBCOMM services to track, monitor and control mobile and fixed assets fixed assets npl → activo sg fijo fixed assets npl → immobilisations fpl fixed assets fix npl → , including trucks, containers, marine vessels, locomotives, heavy machinery, pipelines, oil wells, utility meters and storage tanks anywhere in the world. For more information call 1-800-ORBCOMM or visit its website at www.orbcomm.com. About MITE GCS MITE Global Communications Systems (MITE GCS) is a wireless telecommunications Mexican company that provides data communications services to customers in Mexico, through ORBCOMM's unique low-earth orbit (LEO) satellite network. MITE GCS is owned by ORBCOMM and Drakon Telecommunications S.A. de C.V a Mexican company that is owned by GVMM Capital S.A. de C.V., a private holding company with operations in telecommunication, construction, and tourist and land developments in Mexico. For more information, visit www.mitegts.com.mx. 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 due to a number of risks and uncertainties that may negatively impact ORBCOMM's business. |
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