CalAmp Appoints Fleet Technological know-how and Company Growth

IRVINE, Calif., Could 23, 2022 (Globe NEWSWIRE) — CalAmp (Nasdaq: CAMP), a linked intelligence company assisting folks and businesses boost operational effectiveness with a info-pushed remedies ecosystem, nowadays introduced the appointment of Brennen Carson as its main revenue officer (CRO). As CRO, Carson will assist accelerate CalAmp’s penetration into the transportation and logistics market and push sustainable income streams.

Carson brings around 15 many years of practical experience in organization software program-as-a-support (SaaS) sales, directing cross-purposeful little-to-medium-sized business enterprise, mid-sector and organization teams to push major-line profits. Most just lately, Carson served as senior vice president of profits for driver-general performance business Idelic, where by he was accountable for properly scaling the small business, building productive earnings delivery designs, and top and escalating a large-doing income workforce. Beneath his profits leadership, Idelic’s mid-current market earnings and pipeline price greater by a triple-digit share.

Prior to Idelic, Carson served as vice president of gross sales, North The us, for Fleetmatics. Soon after its acquisition by Verizon Connect, he ongoing to build and guide a revenue staff of above 700 employees, growing average profits per consumer and escalating multi-product or service revenue across installed and new organization accounts.

“Brennen’s demonstrated profits leadership, track record of driving qualified sales approaches and knowledge making higher-accomplishing revenue groups in the fleet telematics market make him an outstanding asset to the CalAmp team,” reported Jeff Gardner, CEO of CalAmp. “I seem ahead to functioning with him to assist CalAmp even further stand-out in the transportation and logistics marketplace, though utilizing new profits techniques to push profits advancement.”

“The transportation and logistics business is speedily evolving, and fleets have a better need to set up connectivity throughout all their vital property at the edge and in the cloud to make smarter, safer and a lot more successful data-driven selections,” explained Carson. “CalAmp is a market chief in fleet and asset management and effectively positioned to guide the way in this evolution, and I’m energized to increase the company’s profits. From a profits point of view, I intend to determine tactics to provide at all concentrations of the industry and help a client-centric emphasis to bring extra operational insights to CalAmp’s present customer base and push growth in beneficial market place segments.”

Carson retains a bachelor’s diploma in Justice Scientific tests 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-pushed solutions ecosystem to assist individuals and corporations boost operational functionality. We resolve elaborate troubles in transportation and logistics, commercial and govt fleet, industrial products and client motor vehicle marketplaces by delivering remedies that monitor, monitor and get well very important property. The insights enabled by our cloud platform, purposes and edge computing units drive operational visibility, basic safety, efficiency, routine maintenance and sustainability. Headquartered in Irvine, California, CalAmp has around just one million computer software and companies subscribers and 10 million edge products deployed worldwide. For additional information, check out calamp.com, or LinkedIn, Fb, Twitter, YouTube or CalAmp Blog site.

Forward-Looking Statements
This announcement has forward-looking statements (which includes inside of the this means of Section 21E of the U.S. Securities Exchange Act of 1934, as amended, and Portion 27A of the U.S. Securities Act of 1933, as amended) regarding CalAmp. These statements include things like, but are not minimal to, statements that deal with our expected long run organization and economical functionality and statements about (i) our strategies, objectives and intentions with respect to upcoming operations, products and services and solutions, (ii)  our competitive posture and possibilities, and (iii) other statements recognized by words and phrases these types of as this sort of as “may”, “will”, “expect”, “intend”, “plan”, “potential”, “believe”, “seek”, “could”, “estimate”, “judgment”, “targeting”, “should”, “anticipate”, “predict”, “project”, “aim”, “goal”, and related words, phrases or expressions. These forward-on the lookout statements are based mostly on management’s current anticipations and beliefs, as effectively as assumptions created by, and information at present obtainable to, management, current sector trends and market place ailments, and involve risks and uncertainties, lots of of which are exterior of our control, and which could result in actual outcomes to differ materially from those contained in ahead-on the lookout statements. Accordingly, you need to not location undue reliance on these kinds of statements. Unique uncertainties that could materially have an effect on potential results contain any risks involved with world wide economic conditions and issues the outcomes of worldwide outbreaks of pandemics or contagious ailments or panic of such outbreaks, these kinds of as the modern coronavirus (COVID-19) pandemic global part shortages owing to offer chain constraints caused by the COVID-19 pandemic disruptions in sales, operations, relationships with consumers, suppliers, workforce, and customers supplied our sale of LoJack North The usa functions our means to correctly and timely execute our transformation to a SaaS alternatives provider our transition out of the automotive motor vehicle funding small business aggressive pressures pricing declines demand from customers for our telematics solutions rates of growth in our concentrate on markets prolonged disruptions of our deal manufacturers’ amenities or other sizeable operations force majeure or pressure-majeure-like activities at our deal manufacturers’ services like ingredient shortages the ongoing diversification of our world wide supply chain our dependence on outsourced provider vendors for specified crucial enterprise solutions and their ability to execute to our needs our capability to boost gross margin value-containment steps legislative, trade, tariff, and regulatory steps integration, unpredicted rates or expenses in link with acquisitions the impression of legal proceedings and compliance risks implementation of our new ERP technique the impression on our business and standing from info technologies technique failures, community disruptions, cyber-attacks, or losses or unauthorized entry to, or launch of, confidential information the skill of the Business to comply with legislation and restrictions regarding facts safety our potential to guard our intellectual home and the unpredictability of any associated litigation expenses any expenditures or reputational hurt related with resolving client solution and warranty and indemnification statements our capability to market to new kinds of shoppers and to maintain rate with technological advances market acceptance of the conclusion products into which our solutions are built and other occasions and traits on a countrywide, regional and global scale, including individuals of a political, financial, business, aggressive, and regulatory character. More details on these challenges and other potential things that could influence our fiscal effects is provided in our filings with the U.S. Securities and Trade Fee (“SEC”), which includes in the “Risk Factors” and “Management’s Discussion and Evaluation of Fiscal Condition and Outcomes of Operations” sections of our most not too long ago filed periodic studies on Type 10-K and Variety 10-Q and subsequent filings, which you may possibly get hold of for absolutely 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-hunting statements, regardless of whether as a outcome of new facts, future activities or if not, which converse as of their respective dates apart from as expected by regulation

CalAmp, LoJack, TRACKER, Below Arrives The Bus, Bus Guardian, iOn Vision, CrashBoxx and related logos are among the emblems of CalAmp and/or its affiliates in the United States, specified other nations around the world and/or the EU. Spireon acquired the LoJack® U.S. Stolen Car Recovery (SVR) small business from CalAmp and retains an special license to the LoJack mark in the United States and Canada. Any other logos or trade names stated are the assets of their respective entrepreneurs.

A picture accompanying this announcement is offered at https://www.globenewswire.com/NewsRoom/AttachmentNg/091f3ce3-00bc-4b8f-bdd6-0e97f46491e1

Candice Cearley

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