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LoJack Corporation Names Timothy P. O'Connor Chief Financial Officer and Senior Vice President


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WESTWOOD, Mass., Nov. 3, 2008 -- LoJack Corporation announced today that Timothy P. O'Connor will be joining the company as Chief Financial Officer and Senior Vice President succeeding Michael Umana, who resigned as Chief Financial Officer effective September 30, 2008.

Mr. O'Connor had served as Senior Vice President, Finance Operations for American Tower Corporation, U.S. Tower Division, since 2007. From 2005 until joining American Tower Corporation, Mr. O'Connor served as Vice President, Finance for the Global Technology and Manufacturing Group with Procter & Gamble. From 1988 to 2005, Mr. O'Connor held various finance, administration, and internal audit positions with The Gillette Company. Mr. O'Connor received his undergraduate degree in finance and accounting from Northeastern University.

In announcing the appointment, Ronald V. Waters, President and Chief Operating Officer, said, "We are delighted to have concluded our search for an important executive team member with the appointment of Tim O'Connor. His strong financial background and experience with global manufacturing, research and development, new product development and consumer product marketing will be important assets, as we continue to diversify the LoJack business through entry into new markets and expansion globally."

About LoJack

LoJack Corporation, the company that invented the stolen vehicle recovery market, leverages its superior technology, direct connection with law enforcement and proven processes to be the premier worldwide provider of tracking and recovery systems. The company's Stolen Vehicle Recovery System delivers a 90 percent success rate in tracking and recovering stolen cars and trucks and has helped recover more than $4 billion worldwide in stolen LoJack- equipped assets. The system is uniquely integrated into law enforcement agencies in the United States that use LoJack's in-vehicle tracking equipment to recover stolen assets, including cars, trucks, commercial vehicles, construction equipment and motorcycles. Today, LoJack operates in 26 states and the District of Columbia, and in more than 30 countries throughout Europe, Africa, North America, South America and Asia.

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