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CalAmp Announces Deal with Cat for M2M Wireless Communications Solutions for Global Assets

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Stock Market News for June 02, 2015 - Market News (Zacks)

CalAmp Corp. (NASDAQ: CAMP), a leading provider of wireless products, services and solutions, has entered into a development agreement with Caterpillar Inc. (NYSE: CAT) to provide the world's leading heavy equipment manufacturer with ruggedized wireless routers that will enable vital data communications for equipment deployed around the globe. Under the agreement, CalAmp is providing a customized version of its powerful Vanguard mobile wireless broadband router for multi-carrier operation on both CDMA and GSM networks around the world, as well as a satellite communication version of Vanguard for connecting with Caterpillar equipment deployed in remote locations without cellular coverage.

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