CalAmp Corp. said Monday that it has settled all matters related to its patent infringement action against Montreal-based iMetrik Solutions Inc. Terms of the settlement were not disclosed.

CalAmp claimed that the patents infringed on patents held by the Oxnard-based wireless communications product maker. The parts are in a vehicle location system which is used by car dealers and finance companies to locate and repossess vehicles serving as collateral on loans that go into default.

“We are pleased to have resolved this claim in a satisfactory way,” Cal Amp spokesman Michael Burdiek said.

Shares in Cal Amp were down 1 percent to $3.07 in early trading Monday.