Hyundai Heavy Industries (HHI) Selects ORBCOMM’s Satellite Network For Global OEM Heavy Equipment Telematics Application

FORT LEE, N.J.--(BUSINESS WIRE)--ORBCOMM Inc. (Nasdaq: ORBC), a global satellite data communications company focused on providing Machine to Machine (M2M) solutions, today announced that Hyundai Heavy Industries’ Construction Equipment Division has selected ORBCOMM’s satellite network to provide global communications for Hi-Mate, its telematics application for heavy equipment.

HHI has signed a multi-year agreement with ORBCOMM’s country licensee and reseller, Korea ORBCOMM, which will include rollouts of the new services throughout the world. Initial deployments have already begun in North America and will be expanded over time to include additional regions.

“HHI’s selection of ORBCOMM further validates our position as the leader in heavy equipment telematics amongst global OEMs, and we are delighted to be working with them,” said Marc Eisenberg, Chief Executive Officer of ORBCOMM. “The systems developed by HHI will benefit from ORBCOMM’s global two-way data communications capability and coverage, giving its customers considerable operating advantages, such as increased safety, higher productivity, greater availability, and better control of their assets.”

“The decision by HHI to include a telematics solution using ORBCOMM was the result of extensive testing conducted over several years,” said Gene Song, Chief Executive Officer of Korea ORBCOMM. “We are looking forward to a long relationship with HHI as they roll out this system to their customers throughout the world.”

Hi-Mate was developed in-house by HHI as an onboard vehicle monitoring and communications system that will allow owners and operators to monitor machine operating metrics, asset productivity, and performance information, around the globe. The system utilizes satellite communication hardware technology developed by Quake Global, a leading device manufacturer for multiple applications utilizing ORBCOMM’s network.

About ORBCOMM Inc.

ORBCOMM is a leading global satellite data communications company, focused on Machine-to-Machine (M2M) communications. Its customers include Caterpillar Inc., Doosan Infracore America, General Electric, Hitachi Construction Machinery, Hyundai Heavy Industries, Komatsu Ltd., and Volvo Construction Equipment among other industry leaders. By means of a global network of low-earth orbit (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. ORBCOMM is headquartered in Fort Lee, New Jersey and has a network control center in Dulles, Virginia. For more information, visit www.orbcomm.com.

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