Press Release Archives

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LoJack Corporation Reports Third Quarter 2011 Results

LoJack Corporation today reported its financial results for the three and nine-month periods ended September 30, 2011. The company reported that consolidated revenue for the third quarter of 2011 was $34.5 million, down 10.4% from $38.5 million in the same quarter last year. Read more »

LoJack Corporation Appoints Auto Industry Veteran Randy L. Ortiz as CEO and President; Donald R. Peck Named EVP and CFO

LoJack today announced the appointment of Randy L. Ortiz, a recognized auto industry veteran with nearly 30 years of experience at Ford Motor Company, as Chief Executive Officer and President. LoJack also named Donald R. Peck, a Chief Financial Officer, CPA and attorney with more than 30 years of business experience, as Executive Vice President and Chief Financial Officer. Read more »

Sophisticated Tactics of Organized Car Thieves Drive Drop in National Recovery Rate of Stolen Vehicles

Recent LoJack Success Stories Demonstrate Systems’ Ability to Defeat Thieves and Return Stolen Vehicles to Owners Read more »

LoJack Offers Early Warning Notification Feature to Protect Classic Cars & Other Specialty Vehicles in the Event of Theft

LoJack today announced that its highly effective Early Warning notification feature is now available for the LoJack for Classics Stolen Vehicle Recovery System. Early Warning offers advanced theft protection by contacting classic car and specialty vehicle owners regardless of where they are in up to five different ways – via home phone, work phone, cell phone, e-mail and text message – if their vehicle is moved without permission. Early Warning can significantly reduce the time between theft discovery and vehicle recovery. Read more »

LoJack SafetyNet Offers Free Tracking and Rescue Devices to Help Protect People at Risk of Wandering

In an effort to provide valuable protection to individuals at risk of wandering and as part of the celebration of its 25th anniversary, LoJack Corporation and its wholly-owned subsidiary LoJack SafetyNet, Inc. are offering 1,500 free SafetyNet devices for a limited time only Read more »

LoJack Corporation Reports Second Quarter 2011 Results

LoJack Corporation (NASDAQ GS: “LOJN”) today reported solid year over year growth in bottom line profitability and cash generation on lower than expected revenue for the quarter ended June 30, 2011 as compared to the quarter ended June 30, 2010.  Consolidated revenue for the second quarter of 2011 was $33.5 million, down 10% from $37.4 million in the same quarter of the prior year. Read more »

LoJack Celebrates 25th Anniversary

LoJack Corporation (NASDAQ: LOJN), the company that created the stolen vehicle recovery market, celebrates its 25th anniversary this July. A venerable brand, LoJack has entered into the nation’s vernacular. With a nearly 90 percent name recognition, the brand has literally become synonymous with “all things recovery.” Since the LoJack Stolen Vehicle Recovery System was first introduced in 1986, more than 300,000 stolen cars, SUVs, light trucks, motorcycles, heavy equipment and construction equipment worth nearly $4 billion USD have been recovered globally. Plus, at a time when the national recovery rate for stolen vehicles is at a 25+ year low—nearly 57 percent—the recovery rate for stolen LoJack-equipped assets that are reported stolen remains at 90 percent. Read more »

First Week of Summer Kicks Off Hottest Season for Vehicle Theft

Summer is the hottest season of the year for vehicle theft, with July and August ranking as the highest auto theft months of the year, and July 4th in particular ranking #3 (latest FBI data) on the list of holidays with the highest incidents of vehicle theft. In order to help owners protect their vehicles from today’s sophisticated professional car thieves -- particularly while they are out on their summer drive vacations -- the National Insurance Crime Bureau and LoJack Corporation are embarking on their fifth annual National Vehicle Theft Protection Month effort. Read more »

LoJack System Leads Police to Bust Commercial Theft Ring Involving Stolen Equipment Worth $226,500

LoJack Corporation today announced that a stolen 2006 Sullair Compressor equipped with the LoJack Stolen Vehicle Recovery System led law enforcement in Southern California to bust a large commercial theft ring involving a total of 13 pieces of stolen equipment valued at $226,500. While the investigation is ongoing, a suspect has been arrested. Read more »

LoJack Reports First Quarter 2011 Results

LoJack today reported consolidated revenue of $30.3 million for the first quarter ended March 31, 2011 compared to $30.8 million in the same quarter of the prior year. Revenue in the company's North America segment was $22.4 million, while revenue for its International segment was $7.2 million. Read more »

Plymouth County Sheriff, Local PDs Partner to Bring SafetyNet Service to Community

A new service that works directly with local law enforcement and is designed for people with autism and Alzheimer’s who are at risk of wandering is now available in almost every corner of Plymouth County. The Sheriff’s Department, local police departments and LoJack SafetyNet have worked together to bring the SafetyNet by LoJack service to a majority of communities in Plymouth County. Read more »

SafetyNet Service Now Available in Miami-Dade

LoJack SafetyNet, Inc., a wholly owned subsidiary of LoJack Corporation, today announced that its SafetyNet service is now available in Miami-Dade County. The SafetyNet service helps caregivers provide an added layer of protection for loved ones with cognitive conditions such as autism and Alzheimer’s from the life-threatening behavior of wandering. Read more »

LoJack Releases Second Annual Vehicle Theft Recovery Report

LoJack released its second annual Vehicle Theft Recovery Report, highlighting results from its 2010 recoveries that provide valuable information on the ongoing issue of vehicle theft. In 2010, the LoJack Stolen Vehicle Recovery System helped law enforcement recover 10,649 stolen vehicles. Hondas topped the list of imports, with the 2000 Honda Civic ranking as LoJack’s most stolen vehicle recovered. GMs were the most recovered domestic vehicles. Read more »

LoJack SafetyNet, Inc. Participates in Autism Awareness Events in Greater Boston, Philadelphia and Miami Areas

As part of its education initiative and in recognition that April is National Autism Awareness Month, LoJack SafetyNet, Inc. is participating in several autism awareness events in Massachusetts, Rhode Island, the Greater Philadelphia area and the Greater Miami area. Read more »

72-Year-Old Woman with Alzheimer’s Located Approximately Eight Blocks Away From Home by Philadelphia Police Department Using SafetyNet by LoJack System

The Philadelphia Police Department had their first SafetyNet rescue after a 72-year-old woman with Alzheimer’s was found after being reported missing. Detectives with the Philadelphia Police Department used their SafetyNet Search and Rescue Receivers to locate the woman who had wandered eight blocks away from her home and was sitting inside of an unlocked vehicle parked on the side of a main street. Read more »

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