CalAmp, Masternaut Report Signing of Supply Deal to Broaden Wireless Product Offerings

CalAmp

, a leading provider of wireless products, services and solutions, announced today it has formalized and expanded a supply agreement with Masternaut, Europe's leading mobile resource management (MRM) services company. Under the agreement, CalAmp will supply Masternaut with advanced telematics devices to enable trailer, heavy equipment and industrial machinery tracking with Masternaut's Connect telematics platform. CalAmp has been supplying wireless telematics devices to Masternaut since early 2013 for deployment throughout Europe. The expanded agreement extends the supply offering to include a broader portfolio of CalAmp wireless tracking, monitoring and control devices that will be integrated into Masternaut Connect, its next-generation asset and vehicle management telematics platform. "The positioning and mobile data technologies underpinning Masternaut Connect can now offer an unprecedented view of asset utilization and how vehicles are being driven in the new markets of trailer, plant and machinery monitoring. Masternaut Connect provides the most advanced and functional telematics solution in the market supporting global roll-outs for medium and large corporations alike. The ability to measure utilization and provide asset security and anti-theft measures in conjunction with location-based services are propelling new applications and new market opportunities for Masternaut. As Europe's largest MRM Services Company, Masternaut will expand its offering by leveraging CalAmp's devices, which are expected to play an increasingly critical role in assuring the reliable delivery of telematics data and services to our expanding customer base," commented Martin Hiscox, chairman and CEO of Masternaut. CalAmp has a rich history in developing and manufacturing reliable solutions for automatic vehicle location, fleet management and asset control. Compliant with Masternaut's stringent product performance standards, the broad set of devices destined f or Masternaut Connect represents the latest developments in CalAmp's long line of advances in positioning, mobile communications, motion sensing and vehicle/asset monitoring technologies. "We are delighted to expand our strategic supply chain partnership with Masternaut whose telematics services are changing the way commercial companies and consumers manage, monitor and insure their fleet and assets. CalAmp's broad product offerings provide the reliability and functionality vital for these telematics services, which have made us a trusted supplier for these burgeoning markets," commented Greg Gower, Senior Vice President and General Manager of CalAmp's Mobile Resource Management business.