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ProconGPS, Inc. Acquires Vehicle Repossession IP Patents from CalAmp Corporation

KNOXVILLE, Tenn. July 18, 2011 Oxnard, CA

The intellectual property relates to methods and systems that apply Global Positioning Satellite (GPS) technology, cellular networks, and information systems in order to monitor loan status for a default condition on a vehicle and enable tracking in order to aid the confiscation and repossession process for dealers and finance companies.

Brian Boling

About ProconGPS, Inc.

USA www.procongps.com

SOURCE ProconGPS, Inc.

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