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.
Contacts:
Rick Vitelle, 805-987-9000
Chief Financial Officer
or
Financial
Relations Board
Lasse Glassen, 213-486-6546
General Information
lglassen@frbir.com
