MILAN and IRVINE, Calif., Feb.
14, 2018 /PRNewswire/ -- LoJack Italia, a wholly-owned
subsidiary of CalAmp (Nasdaq: CAMP) and a leader in stolen vehicle
recovery and innovative automotive services, announced today that
it has entered into an agreement with European fleet management and
long-term lease leader ALD Automotive Italia, making LoJack Italia
the primary supplier of telematics solutions to ALD customers in
Italy with a planned future
rollout throughout Europe.
As a part of the agreement, ALD customers will have real-time
access to mileage, fuel consumption and other maintenance data via
CalAmp's telematics technology services. The agreement will also
allow ALD customers to leverage CalAmp's CrashBoxxTM,
which provides instant crash notification, physical damage
estimates and accident reconstruction information.
Initially, ALD will test vehicles equipped with the CalAmp
solution for fleet managers before rolling out the new
capabilities, first to its customer base in Italy and then more broadly throughout
Europe.
"LoJack Italia's new telematics offerings allow us to gain a
real-time understanding of our vehicles, down to the exact mileage,
when maintenance is due or precisely when a driver reaches the
service point," says Andrea
Badolati, CEO of ALD Automotive Italia. "Gaining these types
of accurate insights along with crash management capabilities
allows us to provide our fleet managers and long-term lease
customers a higher quality of service than ever before while
reducing operational expenses."
In addition, the CalAmp solution provides ALD customers with
information on availability and location of ALD's courtesy car
fleet offered to customers needing a replacement vehicle after
experiencing a mechanical issue. Leveraging LoJack's heritage
proprietary technology in combination with modern telematics
services, ALD can provide its customers with trackable information
for stolen vehicle recovery. In fact, in the last 7 years,
LoJack has been a key partner of ALD in recovering more than 35€
million worth of ALD's stolen vehicles.
"These new capabilities from LoJack Italia, via CalAmp, will
provide ALD and its customers with actionable information on
everything from routes and tracking to maintenance issues and
emergency response," said Maurizio
Iperti, general manager for LoJack Italia. "The value add
from implementing telematics will lower cost of ownership and help
keep ALD vehicles on the road, providing an immediate return on
investment for ALD and its customers."
This announcement furthers the stake of LoJack Italia and CalAmp
solutions in the European market, following recent news that LoJack
ConnectTM is now available across the continent.
About ALD Automotive
ALD Automotive is a global leader in mobility solutions
providing full service leasing and fleet management services across
43 countries to a client base of large corporates, SMEs,
professionals and private individuals. A leader in its industry,
ALD places sustainable mobility at the heart of its strategy,
delivering innovative mobility solutions and technology-enabled
services to its clients, helping them focus on their everyday
business. With 6,000 employees worldwide, ALD manages 1.48 million
vehicles (at end September 2017). ALD
is listed on Euronext Paris, compartment A (ISIN: FR0013258662;
Ticker: ALD) and its share is included in the SBF120 index. ALD's
controlling shareholder is Societe Generale. For more information,
you can follow us on Twitter @ALDAutomotive or visit
www.ALDAutomotive.com.
About LoJack Italia
LoJack Italia, a wholly-owned subsidiary of CalAmp (Nasdaq:
CAMP), has been the market leader over the past 30 years, helping
over 9 million people to protect their assets and vehicles from
theft. Today, together with CalAmp, it provides innovative
telematics solutions and services all over the world for a growing
range of businesses and consumers. LoJack has been active in
Italy for 10 years and is
undergoing a strong growth phase with more than 180,000 software
and service subscribers. LoJack Italia is creating a new level of
value for the automotive, insurance, and car rental markets and
their end-customers, through innovative solutions that are easily
accessible. For more information, visit lojack.it
About CalAmp
CalAmp (Nasdaq: CAMP) is a telematics pioneer leading
transformation in a global connected economy. We help reinvent
businesses and improve lives around the globe with technology
solutions that streamline complex IoT deployments and bring
intelligence to the edge. Our software applications, scalable cloud
services, and intelligent devices collect and assess
business-critical data from mobile assets, cargo, companies, cities
and people. We call this The New How, powering autonomous
IoT interaction, facilitating efficient decision making, optimizing
resource utilization, and improving road safety. CalAmp is
headquartered in Irvine,
California and has been publicly traded since 1983. LoJack
is a wholly owned subsidiary of CalAmp. For more information, visit
calamp.com, or LinkedIn, Twitter, YouTube or CalAmp Blog.
CalAmp, LoJack and the CalAmp and LoJack logos are among the
trademarks of CalAmp, LoJack and/or their affiliates
in the United States, certain
other countries, and/or the EU. Any other trademarks or trade names
mentioned are the property of their respective owners.
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SOURCE CalAmp