All about cars

WESTWOOD, MA – December 23, 2009 – (Motor Sports Newswire) – LoJack Corporation (Nasdaq: LOJN ), the company that invented the stolen vehicle recovery market and now offers a diversified portfolio of solutions that recover a range of assets and rescue people with cognitive conditions who wander, today revealed its top 2009 worldwide recoveries and rescues. These global stories demonstrate the effectiveness of LoJack’s solutions to recover stolen vehicles, construction equipment, motorcycles and cargo, as well as to help rescue people with cognitive conditions such as autism and Alzheimer’s who wander.

The recoveries of the stolen mobile assets reflect the strength of LoJack’s direct integration with law enforcement and the effectiveness of its covert System and Radio Frequency technology, which operates even in a concrete garage, steel container or in dense foliage. They also highlight the important role the System plays in helping police apprehend dangerous criminals and crack organized theft rings.

The rescues of people around the country who suffer from cognitive conditions demonstrate the peace of mind LoJack SafetyNet brings to caregivers and protection to those who tend of wander.

“We are very proud of the many rescues and recoveries our solutions have helped make possible around the world,” said Ronald V. Waters, President and Chief Executive Officer, LoJack Corporation. “Vehicle theft remains a serious global problem and our Stolen Vehicle Recovery System has helped recover thousands of assets globally and enabled law enforcement to put criminals behind bars. We are especially proud of the success of our newest offering, LoJack SafetyNet, which has helped to reunite so many caregivers with their loved ones who had wandered off.”

A California-based Lexus dealer who had installed LoJack units on the cars in his lot notified police that a vehicle was fraudulently purchased from his dealership. Authorities activated the transponder in the vehicle and within three hours located the car inside a cargo container at the Port of Los Angeles. The detectives also recovered a second container with two more vehicles and determined that two additional containers had already left the country. The two containers at sea were recalled and four more high-end vehicles worth approximately $400,000 were recovered. After a lengthy investigation, authorities found eight vehicles, made five arrests and have several warrants pending. Most important, they managed to dismantle a theft ring that had been responsible for the theft of 67 high-end vehicles worth approximately $4.5 million as well as 300 other vehicles stolen from across the country over a three-year period.

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