CalAmp Launches New Aercept(TM) GPS Tracker Enabling Streamlined Installations.OXNARD, Calif. -- CalAmp Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CAMP), a leading provider of wireless products, services, and solutions, today announced that it has launched a new Location Monitoring Unit, the LMU-1450 Tracker, for mobile asset tracking. Designed and manufactured by CalAmp, the LMU-1450 is a new tracking device incorporating integrated internal GPS and GSM/GPRS antennas, and is used with CalAmp's Aercept-branded services for locating, monitoring and protecting vehicular collateral. The compact dimensions of the LMU-1450 Tracker (2.0" x 4.0" x 0.8") are expected to result in faster, easier and more tamper-resistant installations. In addition, the LMU-1450 is compatible with previously installed power cables and harnesses, and is fully integrated with Aercept's internet-based customer interface and back-end systems, including the popular street and satellite mapping features. "The launch of the LMU-1450 Tracker shows CalAmp's commitment to product innovations by offering technology advancements that deliver practical commercial benefits for our customers," stated Jarvis Tou, Vice President and General Manager of CalAmp's Aercept business. "The Aercept LMU-1450 Tracker improves ease of installation and reliability through the use of integrated tamper-proof internal antennas." In addition, CalAmp recently began offering pooled rate plans for the services used to monitor vehicles. Similar to 'family plans' offered by cellular carriers, the pooling of actions gives customers additional flexibility in managing their service costs. CalAmp's Aercept business provides an integrated GPS-based tracking service with equipment and monitoring capabilities for vehicle asset tracking applications utilized primarily by "buy-here-pay-here" automobile dealerships that specialize speĀ·cialĀ·ize v. 1. To limit one's profession to a particular specialty or subject area for study, research, or treatment. 2. To adapt to a particular function or environment. in vehicle financing for high credit risk individuals. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the 2007 National Independent Automobile Dealers Association (NIADA NIADA National Independent Automobile Dealers Association NIADA National Insitute of American Doll Artists ) Used Car Report, $75.8 billion in used car sales were financed through independent auto dealers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. during 2006 as Grade C paper or lower, representing an annually addressable Reachable. When something is addressable, it can be identified and manipulated independently of its surroundings. For example, screen pixels and RAM memory are addressable. Each of the screen's picture elements can be individually turned on and off, and each of the memory's bytes can be market of nearly 9 million vehicles. Vehicle financing companies have come to depend on CalAmp's patented technologies and processes, which enable lenders to lower the collateral risk of their loans and thereby address a larger market of potential customers. About CalAmp Corp. CalAmp is a leading provider of mission-critical high value 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 that enable anytime/anywhere access. CalAmp's Wireless DataCom Division services the public safety, industrial monitoring and controls, and mobile resource management market segments with wireless solutions built on communications technology Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems engineering, technology - the practical application of science to commerce or industry platforms that include proprietary licensed narrowband In communications, transmission rates up to T1 speeds (1.544 Mbps). The upper limit is moving target. At one time, narrowband meant 150 bps (that is 150 bits per second!). Then, the upper limit became 2,400 bps. Later, it moved to 64 Kbps. Contrast with wideband and broadband. , standards-based unlicensed broadband and cellular networks. In addition, CalAmp's Satellite Division supplies outdoor customer premise equipment to the U.S. Direct Broadcast Satellite (DBS (Direct Broadcast Satellite) A one-way TV broadcast service from a communications satellite to a small round or oval dish antenna no larger than 20" in diameter. ) market. For additional information, please visit www.calamp.com. Forward-Looking Statement 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. 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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