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CalAmp Receives $5 Million Initial Production Orders for Positive Train Control Radios

05/15/12

OXNARD, CA, May 15, 2012 (MARKETWIRE via COMTEX) --CalAmp Corp. (NASDAQ: CAMP), a leading provider of wireless products, services and solutions, announced today that it has received initial purchase orders totaling approximately $5 million to supply interoperable PTC radios to two Class 1 North American railroads for delivery in the second half of calendar 2012.

"Our successful execution on the two-year development contract to design the PTC base station, locomotive and wayside radio hardware and build initial production radios has positioned us well to service the rail industry, which is an important growth market for CalAmp. These initial orders for radios will facilitate a smooth transition for CalAmp from the end of our PTC development contract to full scale production. In addition to our PTC radios, we will be extending CalAmp's full suite of mobile asset management and LTE communications solutions to the rail market to further enhance our value add in this strategic market segment," said Mike Zachan, General Manager of CalAmp's Wireless Networks business.

The CalAmp-designed radios will provide the critical data link between locomotives, base stations, wayside switches and other railroad systems. The PTC system will work across different geographic regions and railroad track networks in a system designed to help prevent train-to-train collisions, over-speed derailments, incursions into work zone limits and the movements of trains through switches left in the wrong position. Deployment of a nationwide PTC network was mandated by Congress in the Rail Safety Improvement Act of 2008.

About CalAmp
CalAmp develops and markets wireless communications solutions that deliver data, voice and video for critical networked communications and other applications. The Company's two business segments are Wireless DataCom, which serves enterprise, utility and governmental customers, and Satellite, which focuses on the North American Direct Broadcast Satellite market. For more information, please visit www.calamp.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 due to the risks described in the Company's Report on Form 10-K for fiscal 2012 as filed April 26, 2012 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:
Joanne Keates
Director of Corporate Communications
(805) 419-8239
jkeates@calamp.com

SOURCE: CalAmp Corp.

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