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CalAmp Corp. F4Q10 (Qtr End 05/31/10) Earnings Call Transcript

CalAmp Corp. (CAMP)

F4Q10 (Qtr End 05/31/10) Earnings Call

May 06, 2010 04:30 am ET

Executives

Lasse Glassen - Financial Relations Board

Rick Gold - CEO

Rick Vitelle - CFO

Analysts

Mike Crawford - B. Riley & Company

Presentation

Operator

Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome to the CalAmp fiscal 2010 fourth quarter conference call. During today’s presentation all parties will be in a listen only mode. Following the presentation the conference will be open for questions. (Operator Instructions) This conference is being recorded today Thursday May 06, 2010.

I would now like to turn the conference over to Lasse Glassen with the Financial Relations Board. Please go ahead.

Lasse Glassen

Thank you and good afternoon, everybody. Welcome to CalAmp's fiscal 2010 fourth quarter earnings call. With us today are CalAmp’s Chief Executive Officer, Rick Gold and the company’s Chief Financial Officer, Rick Vitelle.

Before I turn the call over to management please remember that our prepared remarks and responses to questions may contain forward-looking statements. Words such as may, will, expect, intend, plan, believe, seek, could, estimate judgment, targeting, should, anticipate, goal and variation 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 due to a variety of factors including product demand, competitive pressures on pricing declines in the company’s satellite and wireless markets. The timing of customer approvals of new product designs, the length and extent of the global economic downturn that has or may continue to adversely affect the company’s business. And other risks and uncertainties that are described in the company’s Annual Report on Form 10-K for fiscal 2010 as filed today with the Securities and Exchange Commission.

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