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ORBCOMM Finishes 2008 with More Than 460,000 Total Billable Subscriber Communicators

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  Published in Science and Technology on Monday, January 5th 2009 at 13:53 GMT, Last Modified on 2009-01-05 13:54:07 by Market Wire
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FORT LEE, N.J.--([ BUSINESS WIRE ])--ORBCOMM Inc. (Nasdaq: ORBC), a global satellite data communications company focused on two-way Machine-to-Machine (M2M) communications, today announced year-end 2008 total billable subscribers of more than 460,000, a 31% increase over year-end 2007. For the fourth quarter ended December 31, 2008, net additions were approximately 19,000 billable subscriber communicators, including approximately 15,600 satellite and 3,000 terrestrial subscriber communicators.

About ORBCOMM Inc.

ORBCOMM is a leading global satellite data communications company, focused on Machine-to-Machine (M2M) communications. Its customers include Caterpillar Inc., General Electric, Hitatchi Construction Machinery, Komatsu Ltd., and Volvo Group 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 ].