Core Insights - CalAmp has achieved the Caterpillar Supplier Excellence Certification for 2025, marking the second consecutive year of receiving this recognition, which highlights the company's adherence to high standards in quality, on-time delivery, service, and manufacturing discipline [2][3]. Supplier Performance - The Caterpillar Supplier Excellence Recognition program identifies top-performing suppliers that consistently excel in quality, delivery, service, capacity planning, and compliance, placing CalAmp among the elite suppliers in Caterpillar's global supply chain [3]. - Over the past year, CalAmp recorded a defect rate of 51 defects per million incoming parts, translating to approximately 0.005 percent, or one defect in every 20,000 parts shipped, showcasing the company's commitment to quality [5]. Manufacturing Standards - CalAmp has implemented an Automotive Quality Management System aligned with IATF 16949 principles to meet the rigorous requirements of automotive OEMs, ensuring that each device is designed and manufactured to high standards [7]. - The company emphasizes early planning and feasibility reviews before production, defined manufacturing and testing processes, extensive reliability and environmental testing, and strict governance over design and component changes to ensure long-term product stability [11]. Commitment to Innovation - As OEMs evolve their connected equipment strategies, CalAmp focuses on delivering robust, reliable, and secure telematics solutions, supporting various industries such as construction, mining, agriculture, and on-road equipment [8]. - The company has over 10 million active edge devices and holds more than 220 approved or pending patents, positioning itself as a leader in telematics innovation and dependability [9].