ORBCOMM, a global satellitetelecommunications company, announced its agreement with GE TIP(Transport International Pool, Inc.), a trailer fleetsolutions company, to provide data transmitting services for GE's assettracking product for trailers, GE VeriWise. Using ORBCOMM'slow-earth orbit satellite network, GE's customers are able to easilylocate tethered and untethered trailers anywhere in North America, according to the company.GE Transport International Pool, Inc. first introduced the GE VeriWiseasset-tracking product at the National Private Truck Council meetingin St. Louis this past April. The company says this product is designed tohelp privately owned fleets and trucking companies improve theirproductivity and logistics management capabilities. The asset trackingsolution can be used in applications beyond trailers, and wasdeveloped following customer research as well as GE'sequipment monitoring knowledge within other products like locomotives,turbines and aircraft engines.After extensive testing and evaluation of available technologies, GE says it selected the ORBCOMM system as the core communications component indeveloping the GE VeriWise product. The system consists of a durableORBCOMM transceiver and battery pack mounted together in the trailernose, and a low profile antenna placed on the front panel of thetrailer. The GE VeriWise components can be installed on trailers atcustomer sites or at a local GE TIP facility. Featuring a rechargeable4-year battery, the system can operate untethered for up to 120 days.Trailer location data is sent automatically at regular intervals andthrough electronic poll requests. The data is available to GEcustomers through a secure sign-on area in the GE TIP website:www.tiptrailers.com
."The selection by GE solidifies ORBCOMM's position in the assettracking market, and is a testament to the capabilities of the ORBCOMMsatellite network," said Jerry Eisenberg, ORBCOMM's co-chief executiveofficer. "We are pleased to be able to meet both the technical andcost requirements for GE and are proud of our vital role in thisongoing relationship.""The GE VeriWise asset tracking solution offers the right combinationof performance, features, price and expandability that our customersdemand," said Christopher Kelley, vice president, product development,GE TIP. "The technology provided by ORBCOMM's satellite network,combined with the resources available within GE, resulted in an assettracking solution that customers can depend on. We are glad to joinother GE businesses in offering services using the ORBCOMM network."About ORBCOMM
ORBCOMM is a wireless telecommunications company that providesdata communications services to customersaround the world through its low-earth orbit (LEO) satellitenetwork and global ground infrastructure. A diverse customer base usesORBCOMM services to track, monitor and share information betweenmobile and fixed assets around the world. ORBCOMM data communicationsservices are used by customers to track mobile assets includingtrucks, containers, barges, fishing vessels, locomotives and heavymachinery; to monitor fixed assets including pipelines, oil wells,energy meters, and storage tanks; and, to share information throughdata messaging services. For more information call 1-800-ORBCOMM orvisit the Web site at www.orbcomm.com
.About GE Transport International Pool, Inc.
A unit of the General Electric Company, GE TIP is an over-the-road trailer services company with more than 40 years' experiencein the trailer renting, selling and leasing business. With a fleet ofmore than 125,000 units, GE TIP is headquartered in Devon, PA, and hasan extensive network of over 100 branches in the United States, Canadaand Mexico. GE is a diversified services, technology and manufacturingcompany with operations worldwide.