Network to provide mobile data communications for law enforcement,
fire and EMS personnel
OXNARD, Calif.--(BUSINESS WIRE)--Sept. 20, 2007--CalAmp Corp.
(Nasdaq:CAMP), a leading provider of wireless products and engineering
services, today announced that its Dataradio operating unit has signed
a contract with the City of Shreveport, Louisiana to construct a
mobile data network to be used by first responders within the
surrounding Caddo Parish. The contract is initially valued at
approximately $2.4 million. Work on the project is expected to begin
immediately with system acceptance scheduled for late-2008.
The new Dataradio G3 Agile Dual Band (ADB) 800/700MHz IP platform
will operate at 64K Kbps, and is capable of being upgraded to support
higher speeds in the future. The system allows dispatchers to securely
and accurately relay information to field personnel and allows first
responders to access information without the need for back-office
support. The system will initially support approximately 500 first
responders with opportunities to further expand the system in the near
future.
"We are pleased to be selected to build and expand the mobile data
network for the City of Shreveport and Caddo Parish," remarked
Dataradio's VP/General Manager Gilles LaPierre. "The City of
Shreveport's trust in our company reaffirms the commitment we've made
to providing innovative solutions that are highly reliable and cost
effective. Dataradio's platform offers the increased data speed that
is required by the customer while minimizing infrastructure costs.
More importantly, this system provides the functionality needed today,
along with a platform that will make system expansion easy in the
future."
"The Shreveport Police Department and the Caddo Parish 9-1-1
District are very excited about the partnership between our agencies
and CalAmp in the development of a parish-wide mobile data system that
will enable all of the public safety agencies in Caddo Parish to
communicate and share data across one common data network, thus
achieving true voice and data interoperability in our area. We believe
that using the new Dataradio G3 ADB 800/700MHz IP platform will
provide flexibility for our agencies as we plan for future expansion,"
said Caddo Parish 9-1-1 Administrator, Martha Carter.
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.
Forward-Looking Statement
Statements in this press release that are not historical in nature
are forward-looking statements, which 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 due to a variety
of factors, including general and industry economic conditions,
product demand, increased competition, competitive pricing and
continued pricing declines in the DBS market, the timing of customer
approvals of new product designs, operating costs, the Company's
ability to efficiently and cost-effectively integrate its acquired
businesses, the Company's ability to obtain a waiver from the lenders
under its bank credit agreement of the event of default under the
credit agreement, the Company's ability to successfully requalify with
respect to the sale of newer generation products to one of its key DBS
customers, the risk that the ultimate cost of resolving a product
performance issue with that DBS customer may exceed the amount of
reserves established for that purpose, and other risks or
uncertainties that are described in the Company's fiscal 2007 Annual
Report on Form 10-K on May 17, 2007 with the Securities and Exchange
Commission. Although the Company 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. The Company undertakes no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
CONTACT: CalAmp Corp.
Rick Vitelle, 805-987-9000
Chief Financial Officer
or
Financial Relations Board
Lasse Glassen, 213-486-6546
General Information -
lglassen@frbir.com
SOURCE: CalAmp Corp.