CalAmp announced today that it has entered into a patent license agreement with DriveOK Inc., a provider of GPS-enabled vehicle tracking solutions, for use of CalAmp’s patents relating to a vehicle location system that enables automobile finance companies to locate and repossess vehicles serving as collateral on loans that go into default.

From the press release:

"CalAmp is firmly committed to protecting and enforcing its intellectual property rights, and we are pleased that DriveOK chose to license our patented process technology for use in their business," stated Michael Burdiek, President of CalAmp’s Wireless DataCom Division.