What is the LoJack core technology?
The LoJack technology is based on Radio Frequency (RF) which is the best technology for tracking and recovering mobile assets with unprecedented 'last mile' precision which allows police and/or tracking teams to pin point a vehicle or asset to an exact location and not a general area. As such RF will continue to be the core underlying technology for cars, trucks, commercial equipment and motorcycle recovery systems.
What is the difference between Radio Frequency technology and GPS/GSM?
Unlike GPS/GSM, Radio Frequency technology can guarantee 'last mile' tracking. The signal will also continue to emit through shipping containers or underground garages as it is not relying on line of sight to the satellite. Radio Frequency technology is also much less susceptible to jamming which is becoming an increasing problem in many markets.
We do appreciate the benefits of GPS/GSM for other applications and that's why we also have products that incorporate the best of RF technology and GPS/GSM in one box.
Where is LoJack looking for licensees?
Please click here (Global Presence) for a list of our existing licensed territories.
We are looking to expand our technology into non-licensed territories around the globe where theft is an issue.
What is the initial investment required for a LoJack license?
This varies by territory and market conditions. Initial investments include a one-time technology license fee, an upfront investment in order to build out the network and advanced funding to establish and maintain operations until a territory becomes commercially active.
What do I get when I purchase a LoJack license?
Full authorization to exclusively market LoJack's brand/technology and products for the territory.
A team of LoJack personnel, experienced in all facets of the business that are available for operational support and advice.
An engineering-focused training program located both at our Canton Headquarters and locally on site where your RF engineering representative/team will learn all facets of our technology and infrastructure.
What is the term of a LoJack license?
The term of a LoJack license is 5 years with automatic renewal for two successive 5 years subject to terms and conditions.
How long does the application and screening process take?
Due to the nature of our business and in order to qualify our potential partners, we have a strenuous qualification process. We require business plans from our potential partners detailing how the LoJack business will be commercialized in the specified territory as well as extensive research on theft, recovery and market analysis.
Once this research has been evaluated, an extensive background check is undertaken on the potential partners. Subject to favorable results, a terms sheet will be signed in order for the partner to officially represent LoJack in their governmental, police and commercial negotiations.
The time taken from signing a license agreement to becoming commercially operational depends on how quickly the specific frequency can be obtained. In many countries this is an undefined process. Our LoJack Governmental Relations Director will be on hand to assist you through this procedure.
How long does it take to roll out the necessary infrastructure before becoming commercially operational?
After obtaining the frequency license from the region's Telecommunications Agency, it then depends on the size and scope of the market. However, it is our experience that a partner can have a strong network installed within 6 months in order to start a revenue income.