PRESS RELEASES
Robert L. Rewey Joins LoJack Corporation Board of Directors
Former Ford Motor Company Executive Appointed 01/02/02
Westwood, MA, January 18, 2002 - LoJack Corporation, (NASDAQ NMS: "LOJN")announced today that Robert L. Rewey, former Group Vice President of Ford Motor Company's North American Operations, has joined the LoJack Board of Directors, effective January 2, 2002. In making the announcement, Chairman and CEO Ronald J. Rossi said, "LoJack has set aggressive goals for growth and Mr.Rewey will add valuable industry sales and marketing insight that will help drive that growth."
Mr. Rewey joined Ford Motor Company in 1963 in sales and service. In the ensuing years he rose through several levels of senior management positions, becoming Group Vice President for Global Sales, Marketing and Service in 1998. In 2000, he became a Group Vice President of North American Operations & Global Consumer Service. He retired in 2001 after 38 years of service. Mr. Rewey started his professional career at Midland Ross Corporation in 1960. Commenting on his selection, Mr. Rewey stated, "I am pleased to join the LoJack Board of Directors and look forward to providing strategic counsel to the LoJack management team."
An active member in the business and civic communities, Mr. Rewey is presently a director of Sonic Automotive and Speedway Motors. He was a board member of Volvo Cars Incorporated and Mazda Corporation. He served on the Board of Visitors of Fuqua School at Duke University, from whom he received an executive education certificate in 1998 and on the board of Cleveland Tomorrow. He is a past president of the Detroit Police Athletic League.
Mr. Rewey attended Purdue University and Ohio State University. He received an MBA degree from Ohio State University in 1963.
LoJack Corporation is the recognized world leader in vehicle tracking technology. In the U.S., its stolen vehicle recovery system, utilized by law enforcement agencies, has maintained more than a 90% successful recovery rate during the sixteen years it has been available to the consumer. The LoJack System operates coast-to-coast in 20 states and the District of Columbia, representing the areas of the country with the greatest population density, highest number of new vehicle sales and incidents of vehicle theft. In addition, LoJack is operated by law enforcement and security organizations in more than 20 countries in Europe, Africa, Asia and the Western Hemisphere.
Contact: Paul McMahon Corporate Communications (781) 326-4700
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