NASDAQ: LOJN
Price:
3.59
Change:
- 0.06
Day High:
3.71
Day Low:
3.53
Volume:
25,200
4:00 PM ET on Oct 22, 2014
Delayed20 minutes, by eSignal.
Stock price graph

Company Profile

LoJack Corporation (NASDAQ: LOJN), the company that has helped more than nine million people protect their vehicles in the event of theft over the past 25+ years, today provides safety, security and protection for an ever-growing range of valuable assets and people. Leveraging its core strengths, including its well-known brand, direct integration with law enforcement and dealer distribution network, LoJack Corporation is expanding into new areas across the continuum from theft deterrence to recovery. The Company is focusing on creating a new level of value for its dealer, customer and investor communities by delivering innovative offerings and multiple technologies in expanding geographies.

The LoJack® Stolen Vehicle Recovery System operates in counties across 29 states throughout the US and the District of Columbia. LoJack® System activation is contingent upon the vehicle being located within LoJack's coverage area. You may find LoJack's coverage areas at lojack.com/coverage or call 1-800-4- LoJack.

LoJack has built its global business through a network of international licensees and company-owned businesses. Some of these companies operate under the LoJack brand name, while others have developed strong local brands. Today, LoJack is operational in more than 30 countries throughout North America, South America, Europe and Africa.

LOJACK CORE TECHNOLOGY

The LoJack® Stolen Vehicle Recovery System uses Radio Frequency (RF) technology to track and recover stolen vehicles. Because RF signals are so strong and do not require line of sight with any satellites or cell towers, the LoJack® System can track vehicles within LoJack's coverage area that spans counties across 29 states throughout the US and the District of Columbia, in places where other systems may not, such as when the vehicles are in garages, shipping containers or dense foliage.

LOJACK STOLEN VEHICLE RECOVERY SYSTEM

Since entering the stolen vehicle recovery market in 1986, 300,000 vehicles equipped with the LoJack® System have been recovered worldwide. In the U.S., there is a 90 percent recovery rate on cars, trucks and SUVs. The LoJack Stolen Vehicle Recovery System is a silent tracking device hidden in your vehicle that is activated when you report your vehicle stolen to law enforcement and it is entered into the National Crime Information Center computers, enabling the police to track and recover your vehicle. LoJack® System activation is contingent upon the vehicle being located within LoJack's coverage area. You may find LoJack's coverage areas at http://www.lojack.com/coverage or call 1-800-4-LoJack. 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 and/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

The ruggedized, battery operated, self-powered unit designed exclusively for construction equipment and heavy-duty vehicles is unique. Unlike other systems, the LoJack® unit is directly integrated with law enforcement and will not drain or utilize any power source directly from the vehicle in which it’s installed. With the self-powered unit, potential thieves do not have wires to lead them to the covert LoJack® unit.

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 fleet management, cargo security and people at risk.

LoJack® Fleet Management powered by TomTom* is a comprehensive GPS-based advanced telematics system designed for tracking and managing fleets ranging from 5 to 5,000 vehicles. LoJack® Fleet Management can provide business intelligence that helps fleet managers achieve a wide range of operational efficiencies – maximizing fuel economy, minimizing driver/labor costs, extending fleet vehicle life cycle, optimizing customer service, and ultimately, boosting your business’ productivity and profitability. Read more about LoJack® Fleet Management powered by TomTom

Supply Chain Integrity (SC-integrity, Inc.) is a majority-owned LoJack subsidiary that offers products and services to track and recover cargo. SC-integrity’s (SCI) flagship product—LoJack SCI InTransit—is a covert solution that uses GPS, A-GPS, cellular and RF technology-enabled devices, along with a web-based user interface to track, monitor and recover cargo. For more information call 214-377-0222 or visit www.lojacksci.com.

The SafetyNet by LoJack™ System is a radio frequency based system designed to aid in locating missing persons who suffer from a cognitive disorder such as alzheimer’s or autism and who are at risk of wandering and becoming lost. The SafetyNet by LoJack service is available in various coverage areas. For more information on the SafetyNet by LoJack service and coverage areas, please call 877-434-6384 or visit www.safetynetbylojack.com.

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 planes for 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 35 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

*TomTom®, the “Hands”® logo, WEBFLEET, OptiDrive, among others, are Trademarks owned by TomTom N.V. or one of its subsidiaries.