CAMP CalAmp Corp

CalAmp Corp. (NASDAQ:CAMP), a leading provider of wireless products, services and solutions, today announced that it has entered into a patent license agreement with SKYWATCH GPS LLC, a provider of GPS-enabled vehicle tracking solutions, for use of CalAmp�s U.S. Patent Nos. 6,025,774 and 6,249,217 B1. The patents relate to a vehicle location system that enables automobile finance companies to locate and repossess vehicles serving as collateral on loans that go into default. CalAmp acquired these patents as part of its acquisition of the Aercept Vehicle Tracking business from AirIQ in March 2007. As previously announced, CalAmp had filed complaints for infringement in the United States Federal Court against SKYWATCH GPS, along with Procon, Inc. and iMETRIK Solutions Inc. Since that announcement, CalAmp has filed a similar complaint in the United States Federal Court against Trackn, Inc., which also conducts business as Enfotrace. �CalAmp is firmly committed to protecting and enforcing its intellectual property rights and we are pleased to have reached a settlement whereby SKYWATCH GPS will license our patented process technology for use in its business,� stated Michael Burdiek, President of CalAmp�s Wireless DataCom Division. �We welcome SKYWATCH GPS as a CalAmp license partner and look forward to working with this company to develop growth opportunities for vehicle tracking and asset recovery technologies.� �SKYWATCH GPS supplies turnkey GPS vehicle tracking solutions nationwide, and specializes in supporting Vehicle Financing applications,� stated Dan Blanke, President of SKYWATCH GPS LLC. �By licensing CalAmp�s patented process technology, we enable our customers to continue to use an advanced technology solution to lower their risk of financing vehicles and vessels, which is increasingly important in today�s tightening credit market.� CalAmp�s Aercept Vehicle Tracking business provides both equipment and monitoring services for vehicle financing companies, including �buy-here-pay-here� dealerships that specialize in automobile financing for high credit risk individuals. According to the 2007 National Independent Automobile Dealers Association (NIADA) Used Car Report, $75.8 billion in used car sales were financed by independent car dealers in the United States during 2006 as Grade C paper or lower, representing an annual addressable market of nearly 9 million vehicles. About CalAmp Corp. CalAmp is a leading provider of wireless communications products that enable anytime/anywhere access to critical information, data and entertainment content. With comprehensive capabilities ranging from product design and development through volume production, CalAmp delivers cost-effective high quality solutions to a broad array of customers and end markets. CalAmp is a supplier of Direct Broadcast Satellite (DBS) outdoor customer premise equipment to the U.S. satellite television market. The Company also provides wireless data communication solutions for the telemetry and asset tracking markets, private wireless networks, public safety communications and critical infrastructure and process control applications. For additional information, please visit the Company�s website at www.calamp.com. About SKYWATCH GPS LLC. SKYWATCH GPSTM was founded in 2001 and quickly established itself as a leading provider of digital GPS satellite tracking devises for locating, monitoring and recovering vehicles on land and water. SKYWATCH GPS focuses on the new and pre-owned market for automobiles, boats and other vehicles, as well as fleet operations. Headquartered in Brighton, Colorado, SKYWATCH GPS has customers throughout North America and Mexico and continues to expand. At SKYWATCH GPS, we understand that there are many choices in this market so we differentiate ourselves by employing the Golden Rule when it comes to customer service. Others compete on price; we choose to lead with service. SKYWATCH GPS = Peace of Mind Forward-Looking Statement Statements in this press release that are not historical in nature are forward-looking statements that involve known and unknown risks and uncertainties. Words such as "may", "will", "expect", "intend", "plan", "believe", "seek", "could", "estimate", "judgment", "targeting", "should", "anticipate", "goal" and variations of these words and similar expressions, are intended to identify forward-looking statements. Actual results could differ materially from those implied by such forward-looking statements. Although CalAmp believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be attained. CalAmp undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.