Iridium to provide global connectivity for SkyBitz offering

Iridium Communications Inc. (NASDAQ: IRDM) said it has extended its agreement to provide satellite connectivity to SkyBitz in support of their new SkyBitz as a Service offering.

As a leader in remote asset tracking and information management solutions, the new SBS offering will provide SkyBitz customers with an innovative way to employ their asset management solutions without any upfront capital investment. Continuing a long-standing relationship, Iridium will provide the satellite connectivity that supports these solutions such as comprehensive trailer and asset information management and historical trend analytics.

SkyBitz as a Service delivers actionable information to enable customers to quickly make more informed decisions in order to run their fleet as efficiently as possible. Unlike competitive offerings, SBS eliminates for its customers the hassles of upfront costs and risk exposure associated with owning and maintaining the hardware. The offering has quickly gained popularity in the industry, with many significant customers already using the service.

Iridium is a mobile voice and data satellite communications network that spans the entire globe. It enables connections between people, organizations and assets to and from anywhere, in real time. Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications. Its website is at www.iridium.com.

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