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CalAmp's CEO Discusses F4Q 2011 Results - Earnings Call Transcript

CalAmp Corporation ( CAMP)

F4Q 2011 Earnings Call

April 28, 2011 4:30 PM ET

Executives

Lasse Glassen – VP, Financial Relations Board

Rick Gold – CEO

Michael Burdiek – President and CEO

Rick Vitelle – CFO

Analysts

Mike Crawford – B. Riley & Company

Ilya Grozovsky – Morgan Joseph

Marc Robins – Catalyst Research

Presentation

Operator

Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome to the CalAmp Fiscal 2011 Fourth Quarter Conference Call. During today’s presentation all parties will be in a listen-only mode. Following the presentation the conference will be opened for questions. (Operator Instructions) This conference is being recorded today, Thursday April 28, 2011.

I’ll now turn the conference over to Lasse Glassen of the Financial Relations Board. Please go ahead sir.

Lasse Glassen

Thank you and good afternoon, everybody. Welcome to CalAmp’s fiscal 2011 fourth quarter and full year results conference call. With us today are CalAmp’s Chief Executive Officer, Rick Gold along with the company’s President and Chief Operating Officer, Michael Burdiek and 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 variations 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 and 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 and 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 2011 as filed earlier this afternoon with the Securities and Exchange Commission.

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