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LOJACK CORPORATION WILL MAKE PRESENTATION AT THE WALL STREET ANALYST FORUM ON JUNE 4, 2001

Dedham, MA, May 29, 2001 - LoJack Corporation (Nasdaq: LOJN) announced today that Ronald J. Rossi, chairman and CEO, and Joseph F. Abely, president and COO, will make a presentation to analysts and portfolio managers at the Wall Street Analyst Forum's Institutional Investor Conference in New York on Wednesday, June 4, 2001 at 11:15 a.m. EDT. The conference will be held at the Roosevelt Hotel, Madison Avenue at 45th Street in New York.

Analysts and portfolio managers who wish to attend the presentation should contact the Wall Street Analyst Forum at (802) 253-7596 or Swanson Communications, Inc. at (516) 671-8582.

LoJack Corporation develops and markets the world's most effective, widely used stolen vehicle recovery system to both the consumer and commercial sectors. LoJack's patented radio frequency technology is the only tracking equipment used by law enforcement agencies in the United States where vehicles worth an estimated $7 billion are lost annually as a result of theft. The LoJack System is operational in 19 states coast-to-coast and the District of Columbia -- comprising more than two-thirds of the nation's population and two-thirds of the new vehicle market. In addition, LoJack's technology is operated in 17 countries in Europe, Asia, Africa and the Western Hemisphere.

Contact:
Joseph F. Abely, President
(781) 326-4700

John Swanson
Swanson Communications, Inc.
(516) 671-8582