OXNARD, CA--(Marketwired - Jan 27, 2015) - CalAmp (
The new offering brings dealers and lenders a GPS-based solution that is easy to install and ideal for motorcycle deployments. Requiring only a simple power and ground connection, the new LenderOutlook solution eliminates the need for more complicated ignition-based installation. With CalAmp's highly sensitive GPS and patent-pending triple axis accelerometer technology, motorcycle assets can be reliably monitored and tracked for the duration of the loan. Furthermore, utilizing the accelerometer to detect motion enables extensive power management efficiency and minimizes battery drain even when the motorcycle is parked for extended periods of time. Coupled with the built-in battery back-up feature, this new solution enables reliable communications even in the case of tampering or attempted removal of the device.
Lenders and BHPH dealers can access the powerful new features of the motorcycle solution through LenderOutlook, CalAmp's market-leading application that is used broadly across the automotive subprime lending and BHPH markets. The motorcycle offering also benefits from CalAmp's exclusive technology which delivers advanced over-the-air device management and support as well as its unique dual-processor architecture that maximizes success rates for asset recovery.
"CalAmp continues to lead the market and provide high-value, innovative asset management technologies," said Michael Zachan, Senior Vice President and General Manager of CalAmp's Wireless Networks business. "We have set the industry's benchmark for comprehensive services that provide reliable, easy-to-use vehicle location and asset protection. Prior to this offering, lenders and BHPH dealers have not had access to high-quality collateral assurance solutions specifically for the motorcycle market."
About CalAmp
CalAmp (
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Contact Information:
AT THE COMPANY:
Justin Schmid
Sr. VP of Marketing and Business Development
(805) 987-9000
AT ADDO COMMUNICATIONS:
Lasse Glassen
General Information
(424) 238-6249