LoJack Corporation (NASDAQ: LOJN), the premier worldwide provider of wireless tracking and recovery systems for mobile assets, is the leader in global stolen vehicle recovery, with its unrivaled, proven solutions and direct integration with law enforcement. LoJack created the stolen vehicle recovery category more than 25 years ago and has earned a more than 90 percent recovery success rate in recovering stolen LoJack-equipped cars, light trucks and SUVs. Globally, more than 300,000 stolen vehicles worth nearly $4 billion have been recovered using LoJack's technology.
LoJack operates in areas of the country with the greatest population density, highest number of new vehicle sales and greatest incidents of vehicle theft. LoJack is currently operable in 29 states and the District of Columbia, as well as more than 30 countries throughout Europe, Africa, Asia, and the Western Hemisphere.
LOJACK CORE TECHNOLOGY
LoJack offers proven technology and processes to deliver an effective solution to address the serious global problem of vehicle theft, including cars, light trucks, SUVs, commercial equipment and now motorcycles all of which are valuable mobile assets. LoJack's systems are based on proven Radio Frequency (RF) technology that is highly covert and highly effective even when the vehicle is located in areas that obstruct cellular or satellite signals, such as dense urban areas, tunnels, garages, steel containers or dense foliage. Because of the effectiveness of its system, LoJack offers consumers their money back if their LoJack-equipped stolen vehicle is not recovered within 24 hours or less.
LOJACK STOLEN VEHICLE RECOVERY SYSTEM
The flagship LoJack Stolen Vehicle Recovery System has an unrivaled track record. Since entering the Stolen Vehicle Recovery market in 1986, LoJack Corporation has recovered more than 300,000 stolen mobile assets (cars, SUVs, light trucks, motorcycles, heavy equipment and construction equipment) worldwide. In the U.S., 90 percent of mobile assets that were equipped with a LoJack System and reported stolen have been recovered since 1986. The LoJack Stolen Vehicle Recovery System is a silent tracking device hidden in your vehicle that is automatically activated by the police when you report your vehicle stolen and it enables the police to track and recover your vehicle. Read more about the LoJack Stolen Vehicle Recovery System
LOJACK EARLY WARNING SYSTEM
For an added layer of protection, LoJack's Early Warning System alerts you by phone, text message or e-mail if your vehicle has been moved without authorization. Read more about the LoJack Early Warning System
RUGGEDIZED LOJACK STOLEN VEHICLE RECOVERY SYSTEM
In 2004, LoJack introduced the upgraded version of its Ruggedized LoJack Stolen Vehicle Recovery System, which is designed specifically for the recovery of stolen commercial vehicles/heavy construction equipment. Read more about the Ruggedized LoJack Stolen Vehicle Recovery System
LOJACK FOR MOTORCYCLES
In order to combat the ongoing problem of motorcycle theft, LoJack introduced LoJack For Motorcycles in 2005. Now with LoJack For Motorcycles, if someone steals your bike, we can help you get it back. Read more about LoJack For Motorcycles
DIVERSIFYING INTO NEW MARKETS
Today, LoJack is expanding and diversifying its business into newer, emerging markets through licensing agreements and investments that deliver innovative offerings in areas such as cargo security and people at risk.
In 2008, LoJack became a majority stakeholder in Supply Chain Integrity (SCI), which provides a truly integrated solution for supply chain protection-from covert tracking, monitoring and recovery to investigative intelligence to information sharing and analysis. Read more about LoJack SCI
More recently, LoJack introduced the SafetyNet Service, which answers the growing market need for solutions that track and rescue people with cognitive conditions - those with Alzheimer's, autism, Down syndrome and dementia - who are at risk of wandering. Read more about SafetyNet by LoJack
LOJACK'S UNIQUE RELATIONSHIP WITH LAW ENFORCEMENT
A key strength that sets LoJack apart is the company's unique relationship with federal, state and local law enforcement agencies throughout the U.S. Unlike any other company, LoJack installs its Police Tracking Computers (PTCs) in law enforcement vehicles, helicopters and fixed wing aircraft for optimal tracking and recovery of stolen assets. LoJack's software and databases are directly integrated into each state's crime computers, providing another connection to law enforcement. Additionally, LoJack has a distinctive staff of nearly 40 Law Enforcement Liaisons, all former police officers with a specialization in auto theft prevention and search and rescue. Read more about LoJack's Law Enforcement Liaisons