CalAmp Appoints Fleet Technologies and Enterprise Development

IRVINE, Calif., May perhaps 23, 2022 (World NEWSWIRE) — CalAmp (Nasdaq: CAMP), a linked intelligence corporation aiding people today and corporations enhance operational efficiency with a information-pushed solutions ecosystem, currently introduced the appointment of Brennen Carson as its chief earnings officer (CRO). As CRO, Carson will enable accelerate CalAmp’s penetration into the transportation and logistics marketplace and generate sustainable income streams.

Carson provides more than 15 decades of encounter in business software program-as-a-provider (SaaS) profits, directing cross-functional compact-to-medium-sized small business, mid-market place and organization groups to generate major-line earnings. Most not long ago, Carson served as senior vice president of income for driver-functionality corporation Idelic, in which he was dependable for correctly scaling the enterprise, producing effective revenue delivery styles, and leading and increasing a superior-accomplishing sales staff. Underneath his profits management, Idelic’s mid-market place profits and pipeline value improved by a triple-digit proportion.

Prior to Idelic, Carson served as vice president of revenue, North America, for Fleetmatics. Following its acquisition by Verizon Hook up, he continued to build and guide a revenue crew of over 700 employees, escalating ordinary profits for each customer and growing multi-solution profits throughout mounted and new small business accounts.

“Brennen’s tested profits leadership, keep track of record of driving targeted income methods and expertise setting up higher-undertaking profits groups inside of the fleet telematics marketplace make him an incredible asset to the CalAmp group,” mentioned Jeff Gardner, CEO of CalAmp. “I glance forward to doing the job with him to support CalAmp additional stand-out in the transportation and logistics market place, whilst implementing new profits strategies to drive profits growth.”

“The transportation and logistics field is fast evolving, and fleets have a larger need to build connectivity throughout all their vital assets at the edge and in the cloud to make smarter, safer and a lot more effective info-driven selections,” reported Carson. “CalAmp is a marketplace chief in fleet and asset administration and properly positioned to direct the way in this evolution, and I’m excited to mature the company’s earnings. From a revenue perspective, I intend to recognize strategies to provide at all degrees of the market place and guidance a client-centric concentrate to deliver far more operational insights to CalAmp’s current buyer foundation and drive advancement in profitable marketplace segments.”

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

About CalAmp
CalAmp (Nasdaq: CAMP) is a related intelligence company that leverages a information-driven alternatives ecosystem to help men and women and companies enhance operational overall performance. We resolve intricate complications in transportation and logistics, industrial and governing administration fleet, industrial devices and purchaser vehicle marketplaces by offering options that monitor, keep an eye on and get better important belongings. The insights enabled by our cloud platform, programs and edge computing units travel operational visibility, security, performance, routine maintenance and sustainability. Headquartered in Irvine, California, CalAmp has more than one million software and providers subscribers and 10 million edge devices deployed all over the world. For a lot more info, go to calamp.com, or LinkedIn, Facebook, Twitter, YouTube or CalAmp Web site.

Forward-On the lookout Statements
This announcement is made up of forward-wanting statements (which include within the this means of Part 21E of the U.S. Securities Trade Act of 1934, as amended, and Segment 27A of the U.S. Securities Act of 1933, as amended) relating to CalAmp. These statements incorporate, but are not constrained to, statements that deal with our envisioned future business enterprise and financial effectiveness and statements about (i) our plans, targets and intentions with respect to long run functions, expert services and products and solutions, (ii)  our competitive position and alternatives, and (iii) other statements determined by text such as these as “may”, “will”, “expect”, “intend”, “plan”, “potential”, “believe”, “seek”, “could”, “estimate”, “judgment”, “targeting”, “should”, “anticipate”, “predict”, “project”, “aim”, “goal”, and identical terms, phrases or expressions. These ahead-wanting statements are based on management’s recent anticipations and beliefs, as well as assumptions made by, and info presently readily available to, management, current industry trends and marketplace disorders, and entail challenges and uncertainties, many of which are outdoors of our control, and which may possibly bring about actual outcomes to differ materially from people contained in forward-on the lookout statements. Accordingly, you should not put undue reliance on such statements. Particular uncertainties that could materially affect potential outcomes include things like any hazards connected with world wide financial ailments and concerns the consequences of worldwide outbreaks of pandemics or contagious illnesses or dread of these kinds of outbreaks, this kind of as the latest coronavirus (COVID-19) pandemic world ingredient shortages owing to supply chain constraints triggered by the COVID-19 pandemic disruptions in product sales, operations, relationships with consumers, suppliers, staff, and shoppers provided our sale of LoJack North The united states functions our capacity to efficiently and timely carry out our transformation to a SaaS methods supplier our transition out of the automotive car funding business competitive pressures pricing declines demand for our telematics products and solutions costs of growth in our concentrate on marketplaces extended disruptions of our agreement manufacturers’ services or other sizeable operations power majeure or power-majeure-like gatherings at our deal manufacturers’ amenities including part shortages the ongoing diversification of our world wide source chain our dependence on outsourced services vendors for certain important business providers and their potential to execute to our necessities our capacity to boost gross margin price tag-containment actions legislative, trade, tariff, and regulatory actions integration, unpredicted charges or charges in relationship with acquisitions the effect of legal proceedings and compliance dangers implementation of our new ERP program the impression on our organization and standing from details technological innovation method failures, network disruptions, cyber-attacks, or losses or unauthorized accessibility to, or launch of, confidential information the capability of the Company to comply with legal guidelines and laws pertaining to info security our potential to guard our intellectual assets and the unpredictability of any related litigation expenses any expenses or reputational damage related with resolving shopper merchandise and guarantee and indemnification promises our potential to market to new kinds of consumers and to maintain tempo with technological developments market place acceptance of the conclusion products and solutions into which our merchandise are designed and other gatherings and trends on a nationwide, regional and world wide scale, such as those of a political, economic, organization, aggressive, and regulatory character. A lot more facts on these hazards and other prospective aspects that could impact our financial benefits is bundled in our filings with the U.S. Securities and Trade Commission (“SEC”), such as in the “Risk Factors” and “Management’s Dialogue and Examination of Money Affliction and Effects of Operations” sections of our most just lately submitted periodic reviews on Form 10-K and Kind 10-Q and subsequent filings, which you could acquire for free at the SEC’s web page at http://www.sec.gov. We undertake no intent or obligation to publicly update or revise any of these ahead-seeking statements, no matter whether as a result of new details, long term occasions or or else, which converse as of their respective dates besides as necessary by law

CalAmp, LoJack, TRACKER, Right here Arrives The Bus, Bus Guardian, iOn Vision, CrashBoxx and involved logos are amongst the logos of CalAmp and/or its affiliate marketers in the United States, selected other countries and/or the EU. Spireon obtained the LoJack® U.S. Stolen Car Restoration (SVR) enterprise from CalAmp and holds an special license to the LoJack mark in the United States and Canada. Any other emblems or trade names mentioned are the home of their respective house owners.

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