ORBCOMM Signs Agreement to Bring Satellite Data and Messaging Services to Russia, Belarus and Mongolia.DULLES, Va.--(BUSINESS WIRE)--Dec. 22, 1998--ORBCOMM Global, L.P. (ORBCOMM), the first commercial provider of global low-Earth orbit See LEO. (LEO) satellite data and messaging communications services, announced it has signed a service license agreement with GPSS (General Purpose Simulation System) A programming language for discrete event simulation, which is used to build models of operations such as manufacturing environments, communications systems and traffic patterns. (Gibraltar) Holdings Limited to provide two-way data and messaging communications to the territories of Russia, Belarus and Mongolia. ORBCOMM and GPSS expect to launch commercial service in these territories during 1999 through the Radio Engineering Corporation, the operating arm of GPSS in Russia. Russia, Belarus and Mongolia will be served by the ORBCOMM satellite system and ground infrastructure that includes three gateway earth stations to be located in Moscow, Novosibirsk and Khabarovsk, as well as a gateway control center to be located in Moscow. The gateway earth stations and the gateway control center route messages to and from the satellites and their terrestrial destinations. "The partnership of ORBCOMM and GPSS will enable customers for the first time to monitor, track and manage their business assets anywhere across this 17 million square kilometer territory," said Gerry Patrick Nash, Director of GPSS. "We are pleased to bring ORBCOMM service to a country with the geographic and economic significance of Russia and a population in excess of 150 million." "Together with GPSS, we will introduce vitally needed communications solutions to people and businesses across Russia that are underserved by existing telecommunications alternatives," said Scott L. Webster, Chairman and Chief Executive Officer of ORBCOMM. "It's exciting to bring affordable, distance-insensitive data communications to a region that spans eleven time zones." GPSS is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Cambridge Research Advisory Group (CRAG). The mission of CRAG, which is based in the United Kingdom, is to support technological and economic development in Eastern Europe and Russia over the long term. 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 more than 215 satellite, rocket and space payload missions during the past 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. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion