PRESS RELEASES

The St. Paul Insurance Teams Up With LoJack To Provide Additional Benefits to Automotive, Inland Marine, and Construction Customers

Westwood, MA, September 21, 2001 - LoJack Corporation (Nasdaq: LOJN), producers of the most widely used stolen vehicle recovery technology utilized by law enforcement and security organizations in the world, and The St. Paul Companies, a commercial property-liability insurance company, are working together to provide a blanket of security for The St. Paul's customers. With this agreement, policyholders have the opportunity to purchase LoJack anti-theft tracking units at a significant discount. The plan applies to St. Paul policyholders with heavy construction equipment, Inland Marine or auto comprehensive insurance. LoJack has a national vehicle recovery rate of 90%.

"The St. Paul has had the foresight to offer their customers a proven and reliable tool to improve security and to safeguard the bottom line. As the only stolen-vehicle recovery-system used by the police, LoJack is pleased to team up with The St. Paul to help reduce their risk associated with theft," said Joseph F. Abely, President and COO of LoJack Corporation.

According to the National Insurance Crime Bureau, automotive, trucking and construction thefts account for billions of dollars in loss every year.

"We're always looking for ways to help our customers and we are able to have a distinctive approach, in part, because of relationships with organizations such as LoJack," said Dan Murphy, Vice President - Risk Control. "LoJack is a service that provides our customers with a proven solution to theft."

Working Together To Reduce Theft - One Company's Story

Not long after The St. Paul and LoJack Corporation cemented their agreement, the value of the relationship came to light through the hands of fate.

A manager for a major West Coast contractor who is a St. Paul insurance customer was discussing the benefits of installing LoJack equipment in the company's property with a St. Paul representative. During their discussion, a valuable generator that happened to be the only piece of company equipment already equipped with LoJack was stolen. Only 37 minutes after the equipment was reported missing, police recovered the generator.

Later that day, the firm's managers and representatives from The St. Paul cemented the sale of 19 additional LoJack units. They were quickly installed on the company's equipment.

"This incident shows how theft can impact the bottom line," said Mr. Abely. "For an individual or a corporation, the theft of valuable equipment can be a tremendous blow. That is why we are pleased to offer an added layer of protection against theft to St. Paul customers."

The St. Paul Companies, headquartered in Saint Paul, Minn., provides commercial property-liability insurance and non-life reinsurance worldwide. The St. Paul's combined Surety and Construction business is ranked as the largest in the U.S. The St. Paul reported 2000 revenue from continuing operations of $8 billion, total assets of $35.5 billion, and is ranked No. 222 on the Fortune 500 list of largest U.S. companies. The St. Paul is the global provider of specialty and commercial property, liability insurance and surety products and services. The company is the largest underwriter of surety bonds in the world with offices in 10 countries and affiliations with insurance partners worldwide. For more information about The St. Paul and its products and services, visit the company's web site, www.stpaul.com.

LoJack Corporation develops and markets the most widely used stolen vehicle recovery technology utilized by law enforcement and security organizations in the world. Its radio frequency based system is the most successful tracking technology available today. Over 40,000 stolen vehicles equipped with the LoJack System have been recovered by U.S. law enforcement agencies.

Contact:
Paul McMahon, Corporate Communications
(781) 326-4700

Jane Bartnett
Jane Bartnett Communications, Inc.
(516) 897-9017