ROCHELLE PARK, N.J., Oct. 22, 2019 (GLOBE NEWSWIRE) — ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has been selected by Autobus Oberbayern GmbH, one of the largest bus and coach operators in Germany, to equip its entire coach fleet with ORBCOMM’s in-cab telematics solution. ORBCOMM’s solution provides wireless connectivity through its industry-leading hardware and integrated Cloud-based analytics platform for optimal fleet management.
Autobus Oberbayern is using ORBCOMM’s driver-friendly in-cab solution to gain complete visibility, monitoring and management of their drivers and passenger buses. ORBCOMM’s solution delivers GPS fleet tracking and connects to the bus’s CANbus to seamlessly collect and evaluate important data from the engine, brake systems, fuel tanks and more, providing access to deep analytics via FleetManager, ORBCOMM’s robust web platform. ORBCOMM ensures Autobus Oberbayern’s fleet managers and dispatchers always know the current position and technical status of their buses and keeps their fleet in compliance by automating the hours of service, rest and working times of their drivers. ORBCOMM also provides live, on-board driver performance scoring and corrects unsafe driving behaviors that lead to accidents, fines and higher insurance for improved fleet safety. In addition, ORBCOMM’s platform enables Autobus Oberbayern to decrease operating costs and improve productivity through real-time asset management, reduced risk of fuel loss and preventive maintenance.“Autobus Oberbayern is an exciting addition to our customer portfolio as one of a growing number of bus operators across Europe who are leveraging ORBCOMM’s high-performance IoT technology and in-cab telematics expertise for efficient and reliable fleet management,” said Marc Eisenberg, Chief Executive Officer of ORBCOMM Inc. “With ORBCOMM’s intuitive in-cab solution, Autobus Oberbayern will gain access to detailed reporting and analytics to improve operational efficiency, driver performance and regulatory compliance.”“ORBCOMM’s solution offers an all-in-one telematics platform that significantly simplifies and accelerates our order management, tracking and tracing processes and improves driver communication,” said Bastian Troester, Head of Occasional Transport Disposition at Autobus Oberbayern. “By incorporating telematics across our bus fleet, we can also help maximize the safety of our passenger transport service and deliver a higher level of customer satisfaction.”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.About Autobus Oberbayern GmbH
As one of the largest German bus and coach operators, Autobus Oberbayern provides scheduled, charter and special transport. The Munich-based company is also an expert in transport logistics for major events. Many major aviation companies and well-known sports clubs, such as FC Bayern Muenchen or EHC Red Bull Munich ice hockey club, rely on the high level of competence and many years of experience of the passenger transport service provider in crew and team transport. For more information, visit www.autobusoberbayern.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 Company’s 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 Company’s control, that may cause the Company’s 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. “Management’s 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.
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