LoJack

Revolutionary Vehicle Security Innovation: Solera Launches LoJack LE

Retrieved on: 
Wednesday, January 31, 2024

Solera Global Corp. ("Solera"), the leader in vehicle lifecycle management, has launched an innovative tool for stolen vehicle recovery and protecting dealerships in high-risk areas under the LoJack brand of solutions.

Key Points: 
  • Solera Global Corp. ("Solera"), the leader in vehicle lifecycle management, has launched an innovative tool for stolen vehicle recovery and protecting dealerships in high-risk areas under the LoJack brand of solutions.
  • LoJack LE is a game-changing technology designed to provide unprecedented support to dealerships operating in areas with high theft risk.
  • This proactive approach to vehicle security ensures that LoJack LE remains at the forefront of vehicle recovery and theft prevention.
  • LoJack LE is a significant advancement in the commitment to vehicle security and community safety.

CalAmp Reports Second Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Thursday, October 5, 2023

IRVINE, Calif., Oct. 05, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company that helps organizations monitor, track and protect their vital assets, today reported financial results for its second quarter of fiscal year 2024 ended August 31, 2023.

Key Points: 
  • IRVINE, Calif., Oct. 05, 2023 (GLOBE NEWSWIRE) -- CalAmp (Nasdaq: CAMP), a connected intelligence company that helps organizations monitor, track and protect their vital assets, today reported financial results for its second quarter of fiscal year 2024 ended August 31, 2023.
  • Total revenue was $61.7 million in the quarter, representing a $9.2 million decline sequentially and an $11.1 million decline year over year.
  • Software and Subscription Services (S&SS) revenue was $40.4 million in the quarter, down $4.6 million sequentially and $4.2 million year over year.
  • Telematics Products revenue was $21.4 million, including a strong quarter from a large Industrial customer.

Global Aftermarket Car Telematics Report 2023: Smartphone-based Telematics Solutions Compete with Aftermarket Telematics

Retrieved on: 
Monday, August 21, 2023

The aftermarket car telematics applications covered in the report include stolen vehicle tracking, roadside assistance, vehicle diagnostics, Wi-Fi hotspot and various convenience applications.

Key Points: 
  • The aftermarket car telematics applications covered in the report include stolen vehicle tracking, roadside assistance, vehicle diagnostics, Wi-Fi hotspot and various convenience applications.
  • The OEM initiatives can be seen as competition for the aftermarket solutions, but there is still a growing demand for different forms of aftermarket car telematics services.
  • Even though aftermarket car telematics services face competition from smartphone-only solutions and OEM solutions, the report analysts are of the opinion that the aftermarket car telematics market is in a growth phase.
  • Stolen vehicle recovery and security-related telematics applications are mature aftermarket car telematics applications whereas other direct-to-consumer car telematics solutions have more recently started to emerge.

LoJack Partners with Hendrick Motorsports as New Sponsor

Retrieved on: 
Thursday, February 2, 2023

LoJack by Spireon – Solera’s market-leading connected car solution – today announced a new multi-year partnership with 14-time NASCAR Cup Series champions Hendrick Motorsports.

Key Points: 
  • LoJack by Spireon – Solera’s market-leading connected car solution – today announced a new multi-year partnership with 14-time NASCAR Cup Series champions Hendrick Motorsports.
  • The LoJack logo will be featured on the transporters and pit boxes of all four Hendrick Motorsports teams with drivers Kyle Larson, Chase Elliott, William Byron, and Alex Bowman.
  • “We are excited about this new chapter for LoJack and the Hendrick Motorsports team,” said Brian Skutta, Spireon’s President of Automotive.
  • “We’re very proud to welcome LoJack as a new Hendrick Motorsports partner,” said Jeff Andrews, president and general manager of Hendrick Motorsports.

LoJack, AutoPoint Journey Integration to Help Auto Dealers Gain New Edge

Retrieved on: 
Tuesday, January 24, 2023

Solera , the global leader in vehicle lifecycle management, today completed an integration between two industry-leading vehicle solutions, AutoPoint Journey and LoJack, creating new capabilities that help auto dealers better reach their customers.

Key Points: 
  • Solera , the global leader in vehicle lifecycle management, today completed an integration between two industry-leading vehicle solutions, AutoPoint Journey and LoJack, creating new capabilities that help auto dealers better reach their customers.
  • With this integration, dealers can deliver targeted notifications to LoJack customers, leading to closely coordinated marketing, consistent messaging, and centralized performance metrics.
  • Activation is fast and simple, so dealers using both solutions can immediately take advantage of this integration by contacting their AutoPoint account manager.
  • With the integration, AutoPoint Journey dealers can create personalized and precise service and lease retention campaigns.

IBN Coverage Initiated for MetAlert Inc.

Retrieved on: 
Tuesday, December 6, 2022

With over 20 years of experience and an extensive patent portfolio (30+), MetAlert is a leading provider of innovative technology solutions to consumers/patients afflicted with Alzheimer’s, dementia, and autism (ADA).

Key Points: 
  • With over 20 years of experience and an extensive patent portfolio (30+), MetAlert is a leading provider of innovative technology solutions to consumers/patients afflicted with Alzheimer’s, dementia, and autism (ADA).
  • This has created a significant market opportunity with very few competitors for MetAlert.
  • IBN is uniquely positioned to provide MetAlert the solutions needed to reach a wide audience of investors, journalists and the general public.
  • “MetAlert is led by a highly experienced management team and operates in a large and growing global market in terms of both potential revenue and number of users,” states Chris Johnson, Director of Client Solutions for IBN.

CalAmp Announces Date for Fiscal 2023 Third Quarter Earnings Conference Call

Retrieved on: 
Tuesday, December 6, 2022

In addition, the Company will host a conference call at 5:00 p.m. Eastern (2:00 p.m. Pacific) on December 20, 2022 to discuss its financial results.

Key Points: 
  • In addition, the Company will host a conference call at 5:00 p.m. Eastern (2:00 p.m. Pacific) on December 20, 2022 to discuss its financial results.
  • The conference call may be accessed via webcast by visiting the Investor Relations section of CalAmp's website at www.calamp.com .
  • Please go to the website at least 15 minutes early to register, download and install any necessary audio software.
  • The live conference call can also be accessed by dialing 1-844-200-6205 (+1-929-526-1599 for international callers) and using the Conference ID# 073043.

Solera’s Electronic Logging Devices Now Fully Certified To Meet Canadian ELD Mandate

Retrieved on: 
Thursday, December 15, 2022

Solera , the global leader in vehicle lifecycle management, today announced all its electronic logging devices (ELDs) have received mandatory third-party certification in Canada.

Key Points: 
  • Solera , the global leader in vehicle lifecycle management, today announced all its electronic logging devices (ELDs) have received mandatory third-party certification in Canada.
  • Omnitracs Intelligent Vehicle Gateway, XRS with Relay, Omnitracs One with XRS Relay, and Omnitracs One with AMGC ELDs have been certified by FP Innovations for compliance with the Canadian ELD Mandate.
  • While carriers will not be placed out of service for not having a verified Canadian ELD by this date, fines will be imposed if ELDs are not Canadian-certified.
  • Soleras Canada-based and U.S.-based customers that do business in Canada are fully covered in this regard.

Dealer-Pay Integrates its Payment Acceptance Platform with Auto/Mate

Retrieved on: 
Wednesday, December 7, 2022

Dealer-Pays Point-of-Sale solution provides modern payment acceptance to dealers, both franchised and independent, single location, and enterprises alike.

Key Points: 
  • Dealer-Pays Point-of-Sale solution provides modern payment acceptance to dealers, both franchised and independent, single location, and enterprises alike.
  • The integration syncs real-time data from Auto/Mate, such as consumer information, repair orders, parts tickets, deal details, as well as amounts owed.
  • The integration between our companies will increase user productivity and will reduce data entry/errors and chargebacks in each department.
  • The open integration program keeps integration costs low, saving dealers money while providing them with more value-added features and functionality.

CalAmp Appoints Tech Finance Veteran, Jikun Kim, as SVP and Chief Financial Officer

Retrieved on: 
Friday, December 2, 2022

Mr. Kim will serve as principal financial officer and principal accounting officer.

Key Points: 
  • Mr. Kim will serve as principal financial officer and principal accounting officer.
  • Mr. Kim currently serves as Chief Financial Officer of Momentus, Inc., a Nasdaq-listed space infrastructure company, a position he has held since September 2020.
  • Prior to Momentus, from January 2019 to September 2020, Mr. Kim served as the Chief Financial Officer at Formlabs Inc., a 3D printer company.
  • Stolen Vehicle Recovery (SVR) business from CalAmp and holds an exclusive license to the LoJack mark in the United States and Canada.