PRESS RELEASES
Delaware State Police Detective Selected 2002 IAATI/LoJack Award Winner
LoJack and The International Association of Auto Theft Investigators Recognizes Mark Foraker for Significant Impact on the Recovery of Stolen Motor Vehicles
Albuquerque, NM - 50th Annual IAATI Conference - August 5, 2002 - LoJack Corporation (NASDAQ: LOJN), the leader in stolen vehicle recovery technology, and The International Association of Auto Theft Investigators (IAATI) today announced that Delaware State Police Detective, Mark Foraker, has been named winner of the 2002 IAATI/LoJack Award. Detective Foraker is recognized for spearheading an investigation that culminated in the recovery of nearly $1 million worth of construction equipment and the issuance of more than 64 arrest warrants to date.
After making an initial stolen vehicle recovery using LoJack technology, Detective Foraker drove an investigation in Delaware that led to the discovery of a sizable construction equipment ring in the area. Over $800,000 worth of heavy machinery was recouped and more than 64 criminal arrest warrants were served as a result of Detective Foraker’s intensive investigation. Due to Detective Foraker’s diligence the case is ongoing with additional leads developing.
"We, at LoJack, recognize Detective Foraker for the tremendous results his work has generated in the ongoing battle against vehicle theft," said Peter Conner, vice president of Government Relations, LoJack Corporation. "Detective Foraker has joined an elite group of law enforcement officers who have demonstrated an outstanding commitment to safeguarding citizens and their property in local communities around the country."
A true testament to the hard work of IAATI members worldwide, as well as the value of LoJack in the goal to eradicate stolen vehicle thefts, the IAATI/LoJack Award was created to recognize law enforcement officers whose efforts, in conjunction with the use of electronic tracking devices, make the most significant impact on the recovery of stolen motor vehicles.
"We’re proud to issue this year’s award to Detective Mark Foraker with the Delaware State Police," said Dave Ecklund, president, IAATI. "His work exemplifies the very best of what we do and should serve as a testament to the remarkable work that can be accomplished when members of the law enforcement community work together with companies in an effort to combat vehicle theft."
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 more than a 90 percent 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, Latin and South America, Africa, Asia and the Western Hemisphere. Globally, LoJack technology has led to the recovery of over 100,000 vehicles and two billion dollars in assets.
About IAATI
The International Association of Auto Theft Investigators (IAATI) was formed in 1952 in order to improve communication and coordination among the growing family of professional auto theft investigators. It has grown to more than 3,700 active members representing over 35 countries and includes representatives of law enforcement agencies, as well as many others with a legitimate interest in auto theft investigation, prevention and education. We recognize that, just as law enforcement agencies cannot successfully function independent of one another, auto theft investigation requires the active participation of the private sector; therefore, our membership also includes the insurance industry, automobile manufacturers, car rental companies and, of course, the National Insurance Crime Bureau and its sister agencies in Canada and Europe.
Contact:
Paul McMahon
LoJack Corporation
(781) 326-4700
pmcmahon@lojack.com |