Safe Harbor Statement

1
(No Transcript)
2
Safe Harbor Statement

• Certain statements discussed in this presentation
  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 managements 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 loss or decline or
  slowdown in business from the Asset Intelligence
  division of General Electric Company (GE),
  other value-added resellers, or VARs, and
  international value-added resellers, or IVARs
  loss or decline or slowdown in growth in business
  of any of the specific industry sectors the
  Company serves, such as transportation
  litigation proceedings 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
  the impact of a global recession and continued
  worldwide credit and capital constraints 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.

For more information, visit http//www.orbcomm.com
3
Global M2M Network Platform
Leading global satellite data communications
company, focused on Machine-to-Machine (M2M)
communications.
Transportation
Two-way data communications products and services
track, monitor and control mobile and fixed assets
Industrial Fixed Assets

• User Benefits
• Lower operational cost
• Enhanced security
• Increased efficiency
• Asset protection
• Green Benefits

Heavy Equipment
Marine Homeland Security
4
Global Communications System/Satellites

• 27 1st generation and six recently-launched LEO
  satellites contiguous global coverage
• Approximately 442,000 billable subscriber
  communicators,as of September 30, 2008
• Fully independent operation givesbuilt-in
  redundancy
• 6 recently launched satellites in orbit
• Increased capacity compared to 1st generation
  satellites
• Additional communications payload enables AIS
  capability
• Currently undergoing in-orbit testing
• Expected to be in service in Q1

5
ORBCOMMs Addressable Markets
Intelligent Machines are Becoming Connected
machines

• Rapidly growing installed base of machines in
  core vertical markets
• Projected device growth worldwide by 2014 32.3
  CAGR

Total M2M Units 2008 ? 2014 2008 ? 2014
Addressable Our Core Markets CAGR M2M
Penetration by 2014
Heavy Equipment 19.8 24.5 ? 63.4 8.5
million Commercial Transport 32.6 5.6 ?
26.9 90.8 million Industrial Fixed
Assets 39.7 5.3 ? 34.2 73.6 million Marine/Homel
and Security 31.0 4.2 ?18.8 248.0 million

101.6 million units expected to be connected in
our four core markets by 2014
Source Harbor Research, Inc. 2008
Excludes residential meter reading
6
Catalysts for Growth

• OEM Standardization
• Caterpillar, Komatsu, Hitachi and Volvo have
  standardized product rollouts by model and region
• New OEMS in the pipeline
• More models and regions from current OEMs
• Technology
• Modems are getting smaller, cheaper and more
  efficient with power
• Several new modems are coming to market with more
  features including multi-mode
• New brands of ORBCOMM modems are coming to market
  with new distribution channels
• More resellers, wider distribution and greater
  territorial coverage
• Added 24 resellers in 2007. Added 23 resellers
  through September 2008
• Network agreements with T-Mobile, ATT, and
  Rogers
• Hardware provided by Quake, Stellar, and Wavecom
• International staff covering Japan, Europe,
  Australia, South America, Central America
• Additional regulatory applications in process
• New Satellites
• New satellites will increase speed of the network
  expected to lead to more applications

7
Significant Competitive Advantages
Built for low cost two-way data, not voice
Focus on M2M Communications
2-Way Subscriber Equipment Cost
100
100
4001,500
4001,500
Industrially Rated Subscriber Equipment
Low Cost 2-Way Communications
Narrowband Optimization
Global Coverage
Replenishment Cost of Network
230 million
n/a
1 billion
13 billion
Most economical coverage for a 3,000 mile
footprint
Company estimate
8
Growing Base of Industry-Leading VARs

• Highly scalable global sales network includes
  many well-known brands selling and servicing
  large end users directly
• Innovative industry leaders provide valuable
  expertise, application development

End Users
VARs/OEMs/Customers
HeavyEquipment
Construction Mining Companies
Commercial Transportation
Equipment Services
Fixed Assets
Marine Vessels
Government and Homeland Security
Registered marks are the property of their
respective owners.
9
AIS
Automatic Identification System (AIS) Satellite
Program
ORBCOMM has launched six AIS-enabled satellites.
ORBCOMM is the only commercial space-based system
capable of receiving AIS signals
Above images are snapshots of traffic from one
satellite 7/22 to 7/26
10
AIS Tracking of Sirius Star

• This is the AIS trail from the recently hijacked
  Sirius Star

11
Dual-Mode and Terrestrial

• Agreements with T-Mobile, ATT, and Rogers to
  resell terrestrial wireless data services and
  dual-mode services.
• Blends satellite coverage with terrestrial
  bandwidth at industry-low price levels
• Provides a second service revenue stream when
  using terrestrial wireless services and opens
  additional growth opportunities
• Pursuing additional network and hardware
  relationships for dual-mode

Opportunity for ORBCOMM
ORBCOMM Dual-Mode Offering
High bandwidth messaging Data and voice
capabilities Near real-time service Global
coverage Industry-low price points
Increased customer penetration in current
markets Expansion into new markets Higher
revenue per asset Accelerates implementation of
end-users
Dual-mode capabilities at low price points
12
Model Provides High Operating Leverage

• Subscriber Revenue
• Recurring Revenue from growing base of
  subscribers
• Subscriber Communicators growth 21,000 in Q3
  5.0
• Relatively low churn / long asset life-cycles /
  wide range of ARPU
• Attractive subscriber economics
• Our VARs bear costs related to subscriber
  acquisition and care
• Low operating cost structure
• Low CapEx requirement to replenish satellites
• Minimal cost to deliver AIS revenue

?
High operating leverage High EBITDA margins at
scale CapEx holiday could provide significant
free cash flow generation
New Revenues Expected From AIS Consistent With
High Margin And Attractive Operating Leverage
13
Service Revenue and Subscriber Trends
On a trailing 12-month basis, ORBCOMM has grown
Service Revenues by 90 over the last seven
quarters.
14
EBITDA and Adjusted EBITDA

• EBITDA is defined as earnings before interest
  income (expense), provision for income taxes and
  depreciation and amortization.
• -Adjusted EBITDA is defined as EBITDA, adjusted
  for stock-based compensation expense, pre-control
  earnings from consolidated subsidiary, and
  minority interest .

15
Adjusted EBITDA Trends
Adjusted EBITDA has improved over the last seven
quarters, on a trailing 12-month basis.
16
Profit and Loss (Key Items)
Positive 3Q Adjusted EBITDA of 646k and 1.4
million for 9-months ended 9/30 Improved 3Q
Operating Loss by 55.5 and 62 for 9-months
ended 9/30
17
Strong Balance Sheet
September 30, 2008
December 31, 2007

• Strong cash position, negligible debt
• Flexibility in CapEx spending looking forward
  expected for launch and insurance costs
• Next-Gen satellite program, launch flexibility
  expected
• Operating expenses, excluding depreciation, to
  grow at moderate rates

18
CAPEX

• Quick Launch and Coast Guard Satellite
• Payments nearly complete. Depreciation expense
  increases by over 5.0 million annually after
  satellites placed into service.
• Next-Gen Satellites signed agreement in May
  2008
• Next-Gen satellites being built. Launch timing
  and configuration not yet committed.
• Network Ground Components
• Fully functioning network with backward/forward
  compatibility give company flexibility with
  timing of spending.
• System maintenance CAPEX
• Periodic upgrades to hardware and software.

Expected flexibility with launches, insurance and
ground components
19
CAPEX Expected Funding Sources
Cash on Hand, plus investment returns (As of
9/30/08) 88 million cash and cash equivalents 5
million in restricted cash Internally Generated
Cash Flow from Operations Expectation is positive
adjusted EBITDA for 2008 Positive adjusted EBITDA
last four quarters Positive Cash flow from
operations of 4.6 million year-to-date Credit
Facility available from satellite vendor, if
needed.
CAPEX cash sources identified
20
Investment Highlights Ticker ORBC

• A leading provider of machine-to-machine (M2M)
  satellite communications
• Vast market opportunities through
  industry-leading VARs addressing our four core
  markets
• Low cost M2M solution for global 2-way
  connectivity
• Industry-leading products using our single
  technology satellite communications standard
• High Growth in Service Revenue driven by growing
  base of subscriber communicators and expected AIS
  service offering
• Global operation with substantial barriers to
  entry

Strong growth potential through our global
industry-leading VARs
21

• Thank You!