CalAmp Announces New Operating Structure and Changes to Senior Management Team.OXNARD Oxnard (ŏk`snärd), city (1990 pop. 142,216), Ventura co., S Calif., on the Pacific coast; inc. 1903. Its economy, formerly based on agriculture, mining, and nearby military bases, has expanded as the city has grown. , Calif. -- CalAmp Corp. (Nasdaq:CAMP), a leading provider of wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. solutions, today announced a new operating structure along with changes to the Company's senior management team. Effective immediately, CalAmp will consolidate its two divisions, the Wireless DataCom Division and Satellite Division, into one operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon . While CalAmp will continue to report separate financial results for its Satellite and Wireless DataCom product lines, it expects the new streamlined operating structure will result in improved efficiencies. With the Company's new operating structure, Michael Michael, archangel Michael (mī`kəl) [Heb.,=who is like God?], archangel prominent in Christian, Jewish, and Muslim traditions. In the Bible and early Jewish literature, Michael is one of the angels of God's presence. J. Burdiek, formerly President of CalAmp's Wireless DataCom Division, has been appointed the Company's Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . In addition, Robert Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. Hannah Hannah, in the Bible, Samuel's mother. Her song is recalled in the Magnificat. The names Anna and Ann are variants of Hannah. Hannah jubilantly thankful to God for giving son. See : Gratitude , formerly Vice President Operations, Satellite Division, will assume added responsibilities as Vice President and General Manager, Satellite Products, reporting directly to Mr. Burdiek. Mr. Hannah will continue as Acting Vice President Operations until a successor is named. Patrick Hutchins, President Satellite Division and Chief Operations Officer, has resigned his position with the Company. Rick Gold, CalAmp's President and Chief Executive Officer, said, "By combining the Satellite and Wireless DataCom Divisions into one streamlined operating unit, we expect to leverage CalAmp's full range of engineering and operational resources to best serve our customers across all of our lines of business." Mr. Gold continued, "I am very pleased that Michael Burdiek has agreed to head CalAmp's company-wide operating activities. I am confident that his excellent product and customer knowledge along with his experience, organizational skills and proven leadership will further accelerate our profitable growth initiatives with our Wireless DataCom and Satellite product lines. Michael will rely heavily on a strong Satellite Products team led by Robert Hannah, a proven operating executive who has played a major role in CalAmp's position as a leading provider of outdoor equipment to the Direct Broadcast Satellite market." Mr. Gold concluded, "Patrick Hutchins has made a significant contribution to CalAmp's success during his tenure with the Company. We thank him for his service and wish him well in his future endeavors." About CalAmp Corp. CalAmp provides wireless communications solutions that enable anytime/anywhere access to mission-critical data and content. The Company serves customers in the public safety, industrial monitoring and controls, mobile resource management, and direct broadcast satellite markets. The Company's products are marketed under the CalAmp, Dataradio B1 This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. , Smartlink, Aercept, LandCell and Omega trade names. For more information, please visit www.calamp.com. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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. 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 at·tain v. at·tained, at·tain·ing, at·tains v.tr. 1. To gain as an objective; achieve: attain a diploma by hard work. 2. . The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. |
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