Empresas y finanzas

ORBCOMM and Wavecom Enter into Joint Marketing Agreement



    Regulatory News:

    ORBCOMM (Nasdaq: ORBC), announced today that it has signed a joint
    marketing agreement with Wavecom (Paris:AVM) (NASDAQ:WVCM) whereby the
    two companies will work together to address the growing demand for
    devices that combine both satellite and terrestrial wireless
    communications.

    ORBCOMM´s COO, Marc Eisenberg said, "We are very excited that
    Wavecom intends to promote dual-mode services that combine ORBCOMM
    with terrestrial wireless networks. Wavecom´s position as a leading
    provider of cellular M2M technology is further validation of ORBCOMM´s
    plans to bring dual-mode services that combine satellite and cellular
    to the market at prices normally associated with single-mode
    services."

    "We are already seeing tremendous customer interest in combining
    cellular and satellite technologies," said Stefan Lindvall, Wavecom
    Group Vice President and Head of Americas Region. "We are pleased to
    partner with a well established satellite M2M leader like ORBCOMM to
    deliver improved global coverage and enhanced value to the
    marketplace."

    Wavecom is the leading provider of automotive-grade Wireless
    CPU(R) devices to the automotive and fleet marketplace. With nearly 15
    years experience enabling automotive and industrial products to
    communicate via cellular technology, Wavecom is uniquely positioned to
    provide the comprehensive products and services to enable dual-mode
    satellite and cellular communications to this same customer set.

    Wavecom Wireless CPU(R) products come with Wavecom Open AT(R)
    Software Suite including operating system, integrated development
    environment and plug-ins designed to simplify the development of
    wireless applications for a wide variety of devices. This unique
    software enables seamless integration of multiple communications
    protocols executed directly on the Wavecom Wireless CPU(R), thereby
    saving customers both component costs and development time.

    For more information about dual mode communications, please visit
    www.orbcomm.com or www.wavecom.com

    About ORBCOMM

    ORBCOMM is a global satellite data communications company that
    provides reliable, cost-effective data communications services to
    customers around the world through its unique low-earth orbit (LEO)
    satellite network and global ground infrastructure. A diverse customer
    base, including industry leaders General Electric, Caterpillar Inc.,
    Volvo Group, XATA, Hitachi and Komatsu, uses ORBCOMM services to
    track, monitor and control mobile and fixed assets, including trucks,
    containers, marine vessels, locomotives, heavy machinery, pipelines,
    oil wells, utility meters and storage tanks anywhere in the world. For
    more information call 1-800-ORBCOMM or visit its website at
    www.orbcomm.com.

    About Wavecom

    Wavecom is a worldwide leader in embedded industrial wireless
    communication solutions for automotive, machine-to-machine and mobile
    professional applications. Wavecom solutions include the Open AT(R)
    Software Suite encompassing the Wavecom Open AT(R) Operating System, a
    wide range of Plug-Ins, the Open AT(R) Integrated Development
    Environment (IDE) along with a market-leading range of Wireless CPU(R)
    devices, and an expanding portfolio of services. These complete
    embedded solutions enable makers of all types of machines to develop a
    new breed of intelligent wireless applications, without the need of
    external processors and other ASICs (Application Specific Integrated
    Circuits) and components.

    Founded in 1993 and headquartered in Issy-les-Moulineaux (France)
    near Paris, Wavecom has subsidiaries in Hong Kong (PRC), Research
    Triangle Park, NC (USA), Farnborough (UK). Wavecom is publicly traded
    on Euronext Paris (Eurolist) in France and on the NASDAQ (WVCM)
    exchange in the U.S.

    www.wavecom.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 operations and are based upon management´s current
    estimates and projections of future results or trends. Although we
    believe that our plans and objectives reflected in or suggested by
    these forward-looking statements are reasonable, we may not achieve
    these plans or objectives. Our actual results may differ materially
    from those projected as a result of certain risks and uncertainties.
    These risks and uncertainties include, but are not limited to: the
    substantial losses we have incurred and expect to continue to incur;
    demand for and market acceptance of our products and services and the
    applications developed by our resellers; technological changes;
    pricing pressures and other competitive factors; the inability of our
    international resellers to develop markets outside the United States;
    satellite launch failures, satellite launch and construction delays
    and cost overruns and in-orbit satellite failures or reduced
    performance; the failure of our system or reductions in levels of
    service due to technological malfunctions or deficiencies or other
    events; our inability to renew or expand our satellite constellation;
    financial market conditions and the results of financing efforts;
    political, legal regulatory, governmental, administrative and economic
    conditions and developments in the United States and other countries
    and territories in which we operate; changes in our business strategy;
    and the other 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.