ORBCOMM Elects Karen Gould to Its Board of Directors

6/21/18

Karen Gould

ROCHELLE PARK, N.J.--(BUSINESS WIRE)--ORBCOMM Inc. (Nasdaq:ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that its Board of Directors has elected Karen Gould as a Class I Director, effective June 15, 2018, to serve until the Company’s 2019 Annual Meeting of Shareholders. ORBCOMM’s Board of Directors now includes eight members.

Ms. Gould presently serves as Executive Vice President and Chief Financial Officer of The Turner Corporation in New York. She also presently serves on the Board of Directors and as Audit Committee Chair of Clark Builders, a subsidiary of Turner Construction operating in Canada. Previously, Ms. Gould held various senior executive positions in the telecommunications industry, including at Bell Canada, AT&T, Centerpost Corporation, and Ameritech Corporation, and was also a founding principal of several start-ups. Prior to that, she served as an Investment Banker at Kidder, Peabody & Company where she focused on serving technology and other high-growth companies and at Arthur Andersen LLP. Ms. Gould has an MBA with honors from the University of Chicago and a BS in Finance from Indiana University.

“Karen brings 25 years of experience as a senior finance executive, business advisor and entrepreneur, and we are excited to welcome her to ORBCOMM’s Board of Directors,” said Marc Eisenberg, ORBCOMM’s Chief Executive Officer. “We believe Karen’s broad operational experience as an exceptionally strong finance leader and CFO as well as her seasoned leadership will be extremely valuable in supporting ORBCOMM’s continued growth as a leader and innovator in the global industrial IoT.”

About ORBCOMM Inc.

ORBCOMM (Nasdaq: ORBC) is a global leader and innovator in the industrial Internet of Things, providing solutions that connect businesses to their assets to deliver increased visibility and operational efficiency. The company offers a broad set of asset monitoring and control solutions, including seamless satellite and cellular connectivity, unique hardware and powerful applications, all backed by end-to-end customer support, from installation to deployment to customer care. ORBCOMM has a diverse customer base including premier OEMs, solutions customers and channel partners spanning transportation, supply chain, warehousing and inventory, heavy equipment, maritime, natural resources, and government. For more information, visit www.orbcomm.com.