(PRESS RELEASE) July Is National Vehicle Theft Protection Month

  • June 30, 2014

CANTON, Mass., June 30, 2014 — The International Association of Auto Theft Investigators (IAATI) and LoJack Corporation(NASDAQ: LOJN) are partnering to promote the annual National Vehicle Theft Protection Month. Throughout July, the top month of the year for vehicle theft, IAATI and LoJack are partnering to educate vehicle owners and raise public awareness of the issues and criminal behaviors around auto theft.

“The summer months of July and August are the top months of the year for vehicle theft, which continues to be a significant problem throughout the United States,” said Christopher McDonold, member and past President of IAATI. “Despite the common misconception that theft is often a result of teenage joyriders, auto theft cases often involve professional thieves using sophisticated technology and techniques. It is our goal to provide vehicle owners with tips and information that will help protect them, as well as their personal assets like laptops, GPS devices and cell phones, that are often at risk due to being left behind in vehicles.”
During July and August – the top months for auto theft – vehicle owners must embrace their shared responsibility in protecting their vehicles. LoJack and IAATI offer the following insights into how vehicles are stolen today and what happens after a vehicle is stolen:

  • It’s Not a Kid Joyriding Anymore: Many of today’s car thieves are seasoned criminals whose main occupation is to make a profit from stealing vehicles.
  • No Passport Needed: Professional car thieves are often linked to large international crime rings that are more than happy to drive or export their “new” car outside of the U.S. and sell them to unsuspecting customers.LoJack and IAATI are seeing an increase in cars being stolen and taken to U.S. ports. Criminals are loading and hiding vehicles in containers to ship overseas.
  • Sum of its Parts: Many vehicles stolen by professional thieves are taken to chop shops, where they are dismantled and then sold off as parts. Stolen auto parts account for millions of dollars a year in profits for criminals.
  • Older Cars Get Stolen Too: Criminals also look for an older vehicle that can be stolen and stripped for its parts, which can then be sold – piece by piece – to any local salvage yard or online.

Educational resources available to vehicle owners this July and beyond include:

  • ‘LoDown With LoJack’ – Auto Theft Trends video highlighting auto theft trends from around the country and the importance of vehicle security systems in combating today’s sophisticated thief. Insight on these important trends for vehicle owners to be aware of are from LoJack’s Vice President of Law EnforcementPatrick Clancy, Senior Director of Law Enforcement D.J. Thompson and Law Enforcement Liaison Cal Deyermond.
  • Tips from IAATI and LoJack for consumers to help protect and keep their vehicle assets safe. By adhering to a multi-layered theft prevention approach – which includes common sense approaches, theft prevention and immobilization devices, and tracking/recovery systems – consumers can better protect their vehicles from theft.
  • LoJack’s Fifth Annual Vehicle Theft Recovery Report andinfographic reviewing auto theft trends over the past year specific to vehicles equipped with the LoJack® Stolen Vehicle Recovery System.

LoJack and IAATI are consistently focused on educating drivers about the importance of vehicle safety and theft prevention, but with the number of stolen vehicles heating up in July and August it’s important that vehicle owners are hyper-vigilant,” said Patrick Clancy, Vice President of Law Enforcement at LoJack Corporation. “IAATI has proven to be an invaluable partnership for LoJack as we both work towards the same goal: to enable law enforcement officials to recover stolen vehicles and work together to help identify auto theft trends in order to better protect vehicle owners.”

About LoJack Corporation
LoJack Corporation, the company that has helped more than nine million people protect their vehicles in the event of theft over the past 25+ years, today provides safety, security and protection for an ever-growing range of valuable assets and people. Leveraging its core strengths, including its well-known brand, direct integration with law enforcement and dealer distribution network, LoJack Corporation is expanding into new areas across the continuum from theft deterrence to recovery. The Company is focusing on creating a new level of value for its dealer, customer and investor communities by delivering innovative offerings, multiple technologies in expanding geographies. For more information, visit www.lojack.com,www.autotheftblog.comwww.youtube.com/lojack,www.twitter.com/LoJackCorp orwww.Facebook.com/LoJackCorp.

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 and others with a legitimate interest in auto theft investigation, prevention and education. IAATI is dedicated to developing and encouraging the highest professional standards of conduct among auto theft investigators, and strives to eliminate all factors interfering with the administration of the auto theft suppression effort.
© 2014 LoJack Corporation. All rights reserved. LoJack and theLoJack logo are trademarks or registered trademarks of LoJack Corporation in the United States and other countries.

Matt Landry Maria Brown
Matter Communications Matter Communications
978-518-4510 978-518-4546
lojack@matternow.com lojack@matternow.com