CalAmp Announces $7.5 Million in Orders for Its Mobile Resource Management Products
July 06 2009 - 7:00AM
Marketwired
CalAmp Corp. (NASDAQ: CAMP), a leading provider of wireless
products, services and solutions, today announced that its mobile
resource management (MRM) business has received orders exceeding
$7.5 million during the two-month period of May and June, higher
than in any prior two-month period. These recent orders are from a
diverse customer base serving a wide array of MRM markets. Orders
for applications in Municipal School Bus Management, Service Fleet
Management, Vehicle Finance, Stolen Vehicle Recovery and Mobile
Internet each totaled more than $1 million during this period.
"Our MRM business is off to a strong start in fiscal 2010," said
Rick Gold, CalAmp's President and Chief Executive Officer. "We are
encouraged to see that our recent product introductions are
building momentum as we continue to deliver value to our customers
in these challenging economic times."
About CalAmp Corp.
CalAmp provides wireless communications solutions that enable
anytime/anywhere access to critical data and content. The Company
serves customers in the public safety, industrial monitoring and
controls, mobile resource management, public utilities and direct
broadcast satellite markets. The Company's products are marketed
under the CalAmp, Dataradio, SmartLink, Aercept, LandCell and Omega
trade names. For additional information, please visit
www.calamp.com.
AT THE COMPANY: Garo Sarkissian VP Corporate Development (805)
987-9000 AT FINANCIAL RELATIONS BOARD: Lasse Glassen General
Information (213) 486-6546 Email Contact
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