July 2, 2022

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CalAmp Appoints Fleet Technologies and Business Expansion

IRVINE, Calif., May perhaps 23, 2022 (World NEWSWIRE) — CalAmp (Nasdaq: CAMP), a related intelligence firm aiding persons and corporations increase operational functionality with a data-driven methods ecosystem, currently introduced the appointment of Brennen Carson as its chief income officer (CRO). As CRO, Carson will assistance speed up CalAmp’s penetration into the transportation and logistics market and generate sustainable income streams.

Carson brings more than 15 years of knowledge in company application-as-a-support (SaaS) gross sales, directing cross-purposeful little-to-medium-sized business enterprise, mid-marketplace and business teams to drive best-line revenue. Most a short while ago, Carson served as senior vice president of sales for driver-performance company Idelic, in which he was dependable for properly scaling the business enterprise, creating powerful profits delivery versions, and primary and growing a superior-accomplishing product sales workforce. Beneath his profits management, Idelic’s mid-market place revenue and pipeline benefit enhanced by a triple-digit share.

Prior to Idelic, Carson served as vice president of sales, North America, for Fleetmatics. Soon after its acquisition by Verizon Hook up, he ongoing to construct and guide a profits group of more than 700 staff, increasing average income for each purchaser and increasing multi-item profits across put in and new business enterprise accounts.

“Brennen’s tested profits management, monitor file of driving qualified sales methods and practical experience making high-undertaking profits teams within just the fleet telematics market make him an outstanding asset to the CalAmp crew,” stated Jeff Gardner, CEO of CalAmp. “I seem forward to performing with him to assist CalAmp even more stand-out in the transportation and logistics sector, while implementing new revenue approaches to drive income expansion.”

“The transportation and logistics field is swiftly evolving, and fleets have a better want to build connectivity across all their critical property at the edge and in the cloud to make smarter, safer and more efficient data-driven decisions,” stated Carson. “CalAmp is a market place chief in fleet and asset management and properly positioned to direct the way in this evolution, and I’m enthusiastic to develop the company’s revenue. From a sales point of view, I intend to identify strategies to offer at all amounts of the industry and support a client-centric target to provide additional operational insights to CalAmp’s existing consumer foundation and drive progress in lucrative industry segments.”

Carson holds a bachelor’s diploma in Justice Research from Northeastern Illinois College and is a U.S. Maritime Corps Veteran.

About CalAmp
CalAmp (Nasdaq: CAMP) is a linked intelligence firm that leverages a information-driven answers ecosystem to assistance people and corporations increase operational efficiency. We remedy elaborate problems in transportation and logistics, commercial and federal government fleet, industrial gear and purchaser auto marketplaces by furnishing options that keep track of, observe and get better crucial assets. The insights enabled by our cloud system, purposes and edge computing devices travel operational visibility, basic safety, effectiveness, routine maintenance and sustainability. Headquartered in Irvine, California, CalAmp has above a single million program and companies subscribers and 10 million edge units deployed around the globe. For much more information, check out calamp.com, or LinkedIn, Fb, Twitter, YouTube or CalAmp Blog.

Forward-Hunting Statements
This announcement includes forward-seeking statements (including inside of the this means of Portion 21E of the U.S. Securities Trade Act of 1934, as amended, and Portion 27A of the U.S. Securities Act of 1933, as amended) relating to CalAmp. These statements contain, but are not limited to, statements that deal with our predicted potential company and money performance and statements about (i) our plans, targets and intentions with respect to long term functions, companies and goods, (ii)  our competitive posture and possibilities, and (iii) other statements recognized by words and phrases such as this kind of as “may”, “will”, “expect”, “intend”, “plan”, “potential”, “believe”, “seek”, “could”, “estimate”, “judgment”, “targeting”, “should”, “anticipate”, “predict”, “project”, “aim”, “goal”, and related phrases, phrases or expressions. These forward-on the lookout statements are primarily based on management’s recent expectations and beliefs, as properly as assumptions produced by, and data presently readily available to, management, present-day sector trends and marketplace situations, and involve threats and uncertainties, several of which are outside the house of our management, and which might lead to genuine success to vary materially from people contained in forward-hunting statements. Accordingly, you really should not put undue reliance on this kind of statements. Particular uncertainties that could materially influence upcoming success include things like any threats related with global economic problems and fears the consequences of world outbreaks of pandemics or contagious illnesses or fear of such outbreaks, this kind of as the latest coronavirus (COVID-19) pandemic worldwide part shortages because of to offer chain constraints brought on by the COVID-19 pandemic disruptions in gross sales, functions, interactions with buyers, suppliers, staff members, and people offered our sale of LoJack North The united states functions our means to successfully and timely attain our transformation to a SaaS remedies provider our transition out of the automotive motor vehicle funding business aggressive pressures pricing declines demand for our telematics products prices of progress in our goal markets extended disruptions of our deal manufacturers’ amenities or other considerable functions force majeure or force-majeure-like occasions at our contract manufacturers’ amenities like component shortages the ongoing diversification of our world-wide supply chain our dependence on outsourced assistance providers for specified crucial organization products and services and their means to execute to our prerequisites our means to increase gross margin charge-containment steps legislative, trade, tariff, and regulatory steps integration, sudden charges or fees in connection with acquisitions the effect of authorized proceedings and compliance challenges implementation of our new ERP method the affect on our small business and reputation from facts know-how procedure failures, network disruptions, cyber-assaults, or losses or unauthorized access to, or launch of, private information the capability of the Business to comply with legislation and regulations pertaining to data security our potential to defend our mental home and the unpredictability of any associated litigation expenditures any charges or reputational damage affiliated with resolving consumer solution and warranty and indemnification claims our skill to market to new varieties of shoppers and to maintain tempo with technological innovations marketplace acceptance of the finish items into which our goods are designed and other functions and traits on a national, regional and world wide scale, which includes people of a political, economic, business enterprise, aggressive, and regulatory character. More info on these pitfalls and other probable aspects that could have an effect on our economical final results is integrated in our filings with the U.S. Securities and Trade Fee (“SEC”), including in the “Risk Factors” and “Management’s Discussion and Investigation of Fiscal Issue and Benefits of Operations” sections of our most not long ago filed periodic reviews on Kind 10-K and Variety 10-Q and subsequent filings, which you could get for totally free at the SEC’s web-site at http://www.sec.gov. We undertake no intent or obligation to publicly update or revise any of these forward-looking statements, no matter whether as a consequence of new information, upcoming events or in any other case, which communicate as of their respective dates besides as needed by legislation

CalAmp, LoJack, TRACKER, Listed here Will come The Bus, Bus Guardian, iOn Eyesight, CrashBoxx and related logos are between the logos of CalAmp and/or its affiliate marketers in the United States, specified other international locations and/or the EU. Spireon acquired the LoJack® U.S. Stolen Car or truck Restoration (SVR) business enterprise from CalAmp and holds an distinctive license to the LoJack mark in the United States and Canada. Any other trademarks or trade names talked about are the home of their respective entrepreneurs.

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