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CalAmp Recognized For Board Diversity By 2020 Women On Boards

11/13/18
Connected economy innovator recognized for diversity of board directors with 38 percent women

IRVINE, Calif., Nov.13, 2018 /PRNewswire/ -- CalAmp (Nasdaq: CAMP), a technology solutions pioneer transforming the global connected economy, has been recognized as a 2020 Women on Boards Winning "W" Company for 2018.

The award recognizes companies that champion board diversity with at least 20 percent of their board seats held by women. Kimberly Alexy, Amal Johnson and Roxanne Oulman hold positions on CalAmp's board and comprise 38 percent of its members. Oulman was recently appointed to the CalAmp Board of Directors and serves as a valued member on the company's audit committee.

"The continued 2020 Women on Boards recognition serves as exciting momentum for our team and I am proud to be a part of a company that celebrates diversity and inclusion," said Roxanne Oulman, Board Director at CalAmp and former chief financial officer at CallidusCloud. "While we do recognize there is more work to be done, we are excited about progressing in such a positive direction."

Founded in Boston in 2010, 2020 Women on Boards is a nonprofit campaign that aims to increase the percentage of women who serve on company boards to 20 percent or greater by the year 2020. The organization will hold National Conversation on Board Diversity events from November 14 to 16, 2018 in 25 cities across the U.S. and in London, Madrid and Mexico City to encourage dialogue on the importance of gender diversity and recognize organizations for achieving greater board diversity. Kimberly Alexy will speak on a panel at the San Diego National Conversation on Board Diversity event on behalf of CalAmp's board of directors on November 15.

"Nearly one-fourth of all public companies in the U.S. still have no women on their boards of directors. Yet, numerous studies have shown that having women directors on boards is a critical factor for improved corporate performance and profitability," said Betsy Berkhemer-Credaire, CEO of Women On Boards 2020. "It only makes sense that we want to celebrate the companies that are not only embracing but encouraging female directors within their company. CalAmp is a welcome addition to our cause and we are thrilled to be recognizing them for a second time."

About 2020 Women on Boards
Founded in Boston in 2010, 2020 Women on Boards is the national campaign to increase the percentage of women on U.S. company boards to 20% or greater by the year 2020. 2020 Women on Boards is known for its research on the gender composition of boards of directors, including its proprietary 2020 Gender Diversity Directory, which ranks the Russell 3000 companies on a "W" (winning) to "Z" (zero) scale. The list of all 3000 companies, including the Z companies with no women on their boards currently or for the past 6 years, is available by visiting the website: www.2020WOB.com and clicking on Gender Diversity Directory. 2020 Women on Boards leverages its research at all events called National Conversation on Board Diversity, which will take place November 14th, 15th and 16th in cities across the U.S. For more information visit www.2020WOB.com.

About CalAmp
CalAmp (Nasdaq: CAMP) is a technology solutions pioneer transforming the 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. For more information on CalAmp, visit calamp.com, or LinkedIn, Facebook, Twitter, YouTube or CalAmp Blog.

CalAmp, CalAmp logo and LoJack are among the trademarks of CalAmp and/or its 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

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