ORBCOMM Announces Global Partnership With Fleet Management Solutions

SPACEMART

Orbcomm keeps on trucking

Dulles - Dec 19, 2003
ORBCOMM has entered into an agreement with Fleet Management Solutions LLC to provide wireless data access through its low-earth-orbit satellite network for tracking and managing fixed and mobile assets around the world.

FMS is launching their ORBCOMM enabled MLT 300 Series tracking solution nationwide with roughly twenty selected fleets this month. The MLT 300 provides GPS and other critical sensor information to end-users, with an emphasis on reliability and cost effectiveness.

For the initial soft launch, the MLT 300 series is targeting the North American market, leveraging more than 130 dealers for sales and support. FMS also offers customers subscription options through its FMAC arm (Fleet Management Acceptance Corporation). Together, ORBCOMM and FMS are offering this robust service via a pure satellite solution at or below cellular prices.

In addition to industry standard tracking and reporting features, the MLT 300 series includes; dispatch, exact routing, DOT reporting, stop durations, idle times, mileage, automated maintenance scheduling, and optional two-way messaging.

"We are very enthusiastic about our new partnership with FMS," said Jerry Eisenberg, ORBCOMM's Co-CEO. "The integration of ORBCOMM, innovative web-based tracking software, and data management systems results in a powerful capability for managing fixed and mobile assets."

"Together, we have a very compelling solution for the marketplace that will greatly improve productivity and profitability for Fleet customers," said Cliff Henley, CEO of FMS. "Our business is global in nature and ORBCOMM provides us with a truly worldwide wireless network at a remarkably low price for our customers."

SPACEMART

Intelsat Obtains Extension to ORBIT Act Initial Public Offering Deadline

Hamilton - Dec 18, 2003
Intelsat, Ltd. Today announced that the Federal Communications Commission had approved its request under the Open-market Reorganization for the Betterment of International Telecommunications Act, or the ORBIT Act, to extend the date by which Intelsat is required to complete an initial public equity offering from December 31, 2003 to June 30, 2004.

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