Xact Technology Partners with ORBCOMM To Provide the Most Complete Portable GPS Tracking Solutions Available
New York City, NY, US – January 7, 2010 – Xact Technology, LLC, a DMC Worldwide company and leading provider of consumer electronics products, announces its partnership with ORBCOMM Inc. (Nasdaq: ORBC), a global satellite data communications company focused on two-way Machine-to-Machine (M2M) communications. With the launch of Xact Technology's XactTrax, a scalable GPS tracking solution designed to monitor the location of people, personal and commercial property and assets, and even pets, Xact and ORBCOMM will provide the most comprehensive GPS tracking solutions and services on the market.
The XactTrax product includes:
- A robust and flexible embedded device architecture that can be easily customized to suit a wide range of M2M and LBS applications. The device includes a very power-efficient yet intelligent application processor as well as many innovative enhancements to conventional GPS data acquisition techniques that greatly extend the range and efficiency of GPS. The solution is highly integrated and can be customized to suit an almost unlimited range of applications and uses.
- A complete data management portal that includes a customizable and user friendly interface that can be tailored to specific markets or customer needs. The web portal can be private labeled along with the hardware to provide easy entry into the M2M and LBS markets.
The XactTrax solution leverages several innovations developed by ORBCOMM, including:
- Device management capabilities that enable over the air updating of 3rd party software and device firmware over a wide range of devices
- The use of multiple networks, including satellite, GSM and CDMA via a single interface
- Web-based subscriber management capabilities
"Xact and ORBCOMM have collaborated to deliver a suite of technologies, creating the most complete and flexible M2M service solutions available. These solutions include Xact's innovative and customizable web portal, a unique and scalable hardware platform, ORBCOMM's Network management and M2M enablement capabilities and multiple wireless network options. This alliance will be extremely valuable in enterprise, commercial, consumer and virtually any M2M application where the benefits of reliability, cost and time to market will provide significant advantages," said Bill Acevedo, VP of Business Development, Xact Technology.
"We are looking forward to working with Xact. Our two companies are very complimentary" said Marc Eisenberg, ORBCOMM's Chief Executive Officer. "Xact’s extensive experience in designing, manufacturing and marketing products in the consumer space makes them an exciting and capable partner. Our global satellite network, partner networks, service enablement platform and knowledge of the commercial space provide Xact with the capabilities and scalability to develop, deploy and manage M2M applications quickly and affordably."
ORBCOMM's partnership with Xact is the first to utilize ORBCOMM's new services platform, which allows customers to manage multiple network services, provides comprehensive device management and enables over the air updates to remote applications and firmware across multiple networks using a single web-based interface..
Xact has created a scalable, holistic solution that provides easy entry into these industries at a level of quality and reliability that is not available elsewhere. The combined capabilities of the Xact solutions are ideal for partners who possess the leadership, market dominance, or core capabilities that add value to the consumer and our respective organizations.
For more information, visit www.xacttechnology.com.
Look for Xact Technology at CES 2010 in Booth #9817.
About XACT Technology
Xact Technology, LLC (Xact), is a full-service provider of groundbreaking consumer electronics products. Xact develops, produces and distributes leading edge consumer electronics products to consumer, commercial and enterprise markets. Xact's latest development is the first integrated tracking solution, combining flexible hardware platforms, device management services and customizable web interface solution to GPS tracking, Location Based Services, and Machine-to-Machine (M2M) communications.
Xact Technology, LLC is an independent company and part of the DMC Worldwide family of companies. DMC Worldwide is a leading enterprise and consumer technology whose heritage spans more than 40 years investing in, and developing, manufacturing and distributing cutting-edge consumer electronics products.
About Distribution Management Consolidators Worldwide, LLC
DMC Worldwide (DMCWW) is a leading enterprise and consumer technology company with a heritage that spans more than 40 years investing in, developing, manufacturing and distributing cutting-edge consumer electronics products. The company holds deep expertise in sales channel development, supply chain management sales, marketing, distribution and customer service and support. The DMC Worldwide family of companies has sold hundreds of millions of consumer electronics products by leveraging its robust mature infrastructure. The DMC Worldwide family of companies includes DMC Capital Funding, LLC, a leading private equity company focused on strategic investments in middle-market, technology product companies; Xact Technology, LLC, a leading provider of GPS tracking solutions; and Cocoon Innovations, LLC, a leading provider of personal organization and protection systems. The company is headquartered in New York City with offices in Hong Kong. For more information, please visit http://www.dmcww.com.
About ORBCOMM
ORBCOMM is a leading global satellite data communications company focused on Machine-to-Machine (M2M) communications. ORBCOMM is also the only commercial provider of global AIS data from space. 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 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 is headquartered in Fort Lee, New Jersey and has its network control center in Dulles, Virginia. For more information, visit www.orbcomm.com.
Xact Technology Contact:
Anthony Antolino, Senior Vice President
Office: +1 (212) 448-7636 email: aantolino@xacttechnology.com
William Acevedo, Vice President of Business Development
Office: +1 (212) 448-7641 email: bacevedo@xacttechnology.com
ORBCOMM Contact:
Lucas Binder, Vice President, Business Development & Investor Relations
Office: +1 (703) 433-6505 email: binder.lucas@orbcomm.com
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