CalAmp and PROCON Settle Patent Infringement Suit
March 05 2008 - 4:30PM
Business Wire
CalAmp Corp. (NASDAQ:CAMP), a leading provider of wireless
products, and PROCON, Inc., a leading location based solution
provider, today announced a settlement of patent litigation. PROCON
and CalAmp have granted licenses to each other relating to systems
that apply Global Positioning Satellite (GPS) technology to track
and report the location of vehicles to resolve all matters between
the parties. As a result of this cross licensing agreement, CalAmp
and PROCON believe their customers will benefit from receiving
quality products that incorporate state-of-the-art design and
features. �CalAmp continues to be firmly committed to protecting
and enforcing its intellectual property rights and we welcome
PROCON as our third licensing partner for our vehicle location and
recovery process technology,� stated Michael Burdiek, President of
CalAmp�s Wireless DataCom Division. �We are pleased with this
settlement and look forward to working with PROCON on multiple
fronts to develop market opportunities for GPS tracking solutions.�
�PROCON is investing in the creation of a wide array of
intellectual properties and solutions for fleet management, new
auto dealers and financial services groups,� stated Brian Boling,
Chairman of PROCON, Inc. �We are excited to cross-license our
patent with CalAmp�s patented process technology, thus enabling the
customers of both companies to continue to use advanced product and
service technology solutions to enhance asset management.� 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. CalAmp 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 CalAmp�s website at www.calamp.com. About
PROCON, Inc. PROCON, Inc. is a leading service provider of GPS
tracking solutions, and is one of the fastest growing automotive
tracking companies in the USA. PROCON's mission is to provide
innovative, low cost GPS tracking solutions to its business
customers on a one-stop-shopping basis. PROCON has expertise in
integrating products, content, communication networks, map
databases, and service technologies. The company specializes in
developing strong business relationships with leading companies
worldwide enabling it to offer world class safety and location
based services to its customers. PROCON's specialized array of GPS
products, call center systems, commercial tracking platforms, web
tracking platforms, telephony solutions and customer service
systems offer a fully integrated solution to its partners. For
additional information, please visit PROCON�s website at
www.proconlbs.com. Forward-Looking Statements 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.
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