Science & Technology
Tue, July 19, 2011Mon, July 18, 2011Sun, July 17, 2011Sat, July 16, 2011Fri, July 15, 2011Thu, July 14, 2011Wed, July 13, 2011Tue, July 12, 2011Mon, July 11, 2011Sun, July 10, 2011Sat, July 9, 2011Fri, July 8, 2011Thu, July 7, 2011Wed, July 6, 2011Tue, July 5, 2011Mon, July 4, 2011Sun, July 3, 2011Sat, July 2, 2011Fri, July 1, 2011ORBCOMM-Enabled Solution by Novus for Inventory Management Receives AFIA IT Innovation Award
Published in Science and Technology on Tuesday, July 12th 2011 at 5:35 GMT by Market Wire
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 that Novus International, Inc. (Novus), a global leader in animal nutrition and health, has received the American Feed Industry Associationa™s (AFIA) first-ever Information Technology (IT) Innovation Award for their bulk liquid inventory management solution enabled by ORBCOMMa™s satellite network.
"Our AIMS® system along with the inclusion of ORBCOMMa™s satellite network have improved the reliability of our entire supply chain operation and upgraded the telemetry system to a sustainable technology platform"
Based in metropolitan St. Louis, MO, Novus pioneered a vendor-managed inventory for bulk liquid feed ingredients with the introduction of a patented, automated remote monitoring system known as AIMS® in 1993. In 2009-10, Novus upgraded the AIMS infrastructure by incorporating ORBCOMMa™s robust satellite communications network with Novusa™s enhanced remote monitoring technology to improve inventory management throughout the bulk liquid supply chain. The new platform is Internet-based and provides precise, dependable and near real-time inventory readings for any customer 24/7, and has been implemented at over 500 locations across North America.
aWe congratulate Novus for receiving this national award in recognition of their vision and innovation in technology development,a said Marc Eisenberg, Chief Executive Officer of ORBCOMM. aWe are pleased to play a role in enabling Novusa™s customer inventory management system by integrating our satellite communications network with their leading-edge remote monitoring technology to provide a solution that improves the efficiency and performance of their bulk liquid supply chain.a
aOur AIMS® system along with the inclusion of ORBCOMMa™s satellite network have improved the reliability of our entire supply chain operation and upgraded the telemetry system to a sustainable technology platform,a said Thad Simons, Chief Executive Officer of Novus International, Inc. aOur partnership with ORBCOMM and the resulting improvements in these areas have helped Novus attract new customers, retain existing customers and yield measurable improvements to our liquid feed business operations. This system also embodies our concept of Innovation Through Integritya"a key theme of our companya™s 20th anniversary celebration this year.a
A full review of Novusa™s technology will be available in the June/July issue of Feed & Grain and the summer issue of the AFIA Journal.
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, Hitachi Construction Machinery, Hyundai Heavy Industries, Asset Intelligence a division of I.D. Systems, Inc., Komatsu Ltd., Manitowoc Crane Companies, Inc., and Volvo Construction Equipment among other industry leaders. By means of a global network of low-Earth orbit (LEO) satellites and accompanying ground infrastructure, ORBCOMMa™s low-cost and reliable two-way data communication services track, monitor and control mobile and fixed assets in four core markets: commercial transportation; heavy equipment; industrial fixed assets; and marine/homeland security. ORBCOMM-based 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 its network control center in Dulles, Virginia. For more information, visit [ www.orbcomm.com ].
About Novus International, Inc.
Novus International, Inc. is headquartered in metropolitan St. Louis, MO, and serves customers in more than 90 countries around the world. An industry leader in animal nutrition and health, Novusa™s products include ALIMET® and MHA® feed supplements, ACTIVATE® nutritional feed acid, ACIDOMIX® preservative premix, CIBENZAa" feed additive, MINTREX® and MAAC® chelated trace minerals, SANTOQUIN® feed preservative, MERAa"MET aquaculture feed additive, AGRADO® feed ingredient, and many other specialty ingredients. Arenus ([ www.arenus.com ]) is a division of Novus Nutrition Brands, LLC (a subsidiary of Novus International, Inc.), that focuses on developing health and dietary supplements for the equine and companion animal markets. STRATUM® Nutrition, a division of Novus Nutrition Brands, LLC, focuses on human nutrition through specialty and functional ingredients for manufacturers of foods, beverages and dietary supplements ([ www.stratumnutrition.com ]).
Novus is privately owned by Mitsui & Co. (U.S.A.), Inc. and Nippon Soda Co., Ltd. For more information, visit [ www.novusint.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 Companya™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 Companya™s control, that may cause the Companya™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. These risks and uncertainties include but are not limited to the risks described in our filings with the Securities and Exchange Commission. Unless required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. For more detail on these and other risks, please see our aRisk Factorsa section in our annual report on Form 10-K for the year ended December 31, 2010.
