730255--5/6/2010--CalAmp

related topics

{product, market, service}

{condition, economic, financial}

{product, candidate, development}

{stock, price, share}

{property, intellectual, protect}

{system, service, information}

{stock, price, operating}

{regulation, government, change}

{customer, product, revenue}

{provision, law, control}

{operation, international, foreign}

Because the markets in which we compete are highly competitive and many of our competitors have greater resources than us, we cannot be certain that our products will continue to be accepted in the marketplace or capture increased market share. Our business is subject to many factors that could cause our quarterly or annual operating results to fluctuate and our stock price to continue to be volatile. Because some of our components, assemblies and electronics manufacturing services are purchased from sole source suppliers or require long lead times, our business is subject to unexpected interruptions, which could cause our operating results to suffer. If we do not meet product introduction deadlines, our business could be adversely affected. If demand for our products fluctuates rapidly and unpredictably, it may be difficult to manage the business efficiently, which may result in reduced gross margins and profitability. Because we currently sell, and we intend to grow the sales of, certain of our products in countries other than the United States, we are subject to different regulatory schemes. We may not be able to develop products that comply with the standards of different countries, which could result in our inability to sell our products and, further, we may be subject to political, economic, and other conditions affecting such countries, which could result in reduced sales of our products and which could adversely affect our business. We may not be able to adequately protect our intellectual property, and our competitors may be able to offer similar products and services that would harm our competitive position. We may be subject to infringement claims that may disrupt the conduct of our business and affect our profitability. Availability of radio frequencies may restrict the growth of the wireless communications industry and demand for our products. A failure to rapidly transition or to transition at all to newer digital technologies could adversely affect our business. We depend to some extent upon wireless networks owned and controlled by others, unproven business models, and emerging wireless carrier models to deliver existing services and to grow. New laws and regulations that impact our industry could increase costs or reduce opportunities for us to earn revenue. s products are subject to mandatory regulatory approvals in the United States and other countries that are subject to change, making compliance costly and unpredictable. Reduced consumer or corporate spending due to the global economic downturn that began in 2008 and other uncertainties in the macroeconomic environment have affected and could continue to adversely affect our revenues and cash flow. Our ability to make payments of principal and interest on our indebtedness depends upon our future financial performance and ability to generate positive operating cash flows, which is subject to general economic conditions, industry cycles and financial, business and other factors affecting our consolidated operations, many of which are beyond our control. Rises in interest rates could adversely affect our financial condition. Risks Relating to Our Common Stock and the Securities Market Anti-takeover defenses in our charter and under Delaware law could prevent us from being acquired or limit the price that investors might be willing to pay for our common stock in an acquisition. The trading price of shares of our common stock may be affected by many factors and the price of shares of our common stock could decline.

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730255--5/6/2010--CalAmp_Corp.