PRESS RELEASES

LoJack Technology Recovers More than $1 Billion in Assets

More than 50,000 vehicles have been recovered across the United States as police coast to coast use LoJack's vehicle recovery solution

Westwood, MA, May 31, 2002 - Proving that its stolen vehicle recovery system is the most effective in the industry, LoJack Corporation (NASDAQ: LOJN) is proud to announce that its patented technology has helped law enforcement officials in the United States recover more than $1 billion in assets, or 50,000 automobiles, to date. LoJack's wireless radio frequency-based stolen vehicle recovery technology is the only system with direct connections to more than 1500 police departments across the country. Additionally, LoJack technology is in use in over 20 countries around the globe, where more than 40,000 recoveries have been made as the company looks toward meeting a similar milestone abroad.

The 50,000th recovery milestone was reached overnight in Los Angeles, California when local police tracked a lead filed late last night. Upon discovery of the auto theft, the owner of the stolen Lincoln Navigator notified the LAPD to process the missing vehicle into a statewide stolen vehicle system. In less than 24 hrs the LAPD Air-11 helicopter picked up the silent LoJack signal of the stolen 1998 Navigator and tracked it to a small repair shop off of the Hollywood Freeway.

In an attempt to evade the police aviation unit, the suspect fled the scene. The LAPD helicopter radioed for assistance from fellow officers on the ground. Now in foot pursuit, the officers were able to catch the suspect, who was then taken into custody. The suspect was booked and currently there is an investigation underway to determine the probability of fraud at the shop where the vehicle was first identified.

"This milestone and LoJack's ongoing success comes from a combination of our proven wireless radio frequency technology and the relationships we have with local, state and county police departments across the country," said Ron Rossi, chief executive officer. "Our commitment to recovering stolen vehicles and equipment is reiterated with the achievement of this milestone, and we'd like to thank the law enforcement officials who use the LoJack System on a daily basis to track and recover stolen vehicles."

Available since1986, LoJack uses a patented radio-frequency transceiver that is hidden on the body of a vehicle; when it is reported stolen, silent radio signals are emitted from this radio transceiver, allowing police to follow the signal to locate the vehicle. The LoJack System can be installed on both consumer automobiles and on commercial equipment. Unlike global positioning systems, wireless radio frequency technology does not require antennae that can be dismantled, and radio frequency signals can even be detected from within a building, allowing police to trace the signal to the specific location of the vehicle.

Using LoJack's tracking unit, police have tracked signals to hundreds of "chop shops" and other locations to successfully recover over one billion dollars in assets and stolen property. In addition to stolen automobile recoveries, the LoJack system has also helped many law enforcement officials crack down on various other crimes that are often linked to stolen vehicles, including drug-trafficking, larceny and home invasions and illegal export theft rings.

LoJack's "Eye in the Sky" program gives law enforcement officials the ability to track auto thieves on the ground and in the air, aided by LoJack's wireless radio frequency technology installed in the police aviation units.

About LoJack

LoJack Corporation is the recognized world leader in stolen vehicle recovery technology. In the U.S., its stolen vehicle recovery system, utilized by law enforcement agencies, has maintained a more than 90 percent successful recovery rate during the sixteen years it has been available to the consumer. On a global scale, LoJack is operated by law enforcement and security organizations in more than 20 countries in Europe, Africa, Asia and North and South America. In the U.S., 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.

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