Exhibit 99.1
NEWS BULLETIN
FROM:
CAL AMP
FOR IMMEDIATE RELEASE
CalAmp Announces New Operating Structure and Changes to Senior Management
Team
OXNARD, Calif., June 11, 2008--CalAmp Corp. (Nasdaq: CAMP), a leading
provider of wireless communications 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.
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 J. Burdiek, formerly President of CalAmp's
Wireless DataCom Division, has been appointed the Company's Chief Operating
Officer. In addition, Robert Hannah, 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, Smartlink,
Aercept, LandCell and Omega trade names. For more information, please visit
www.calamp.com.
Forward-Looking Statements
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.
AT THE COMPANY: AT FINANCIAL RELATIONS BOARD:
Rick Vitelle Lasse Glassen
Chief Financial Officer General Information
(805) 987-9000 (213) 486-6546
lglassen@frbir.com