Month of High Profile LoJack Recoveries Underscores System's Benefits to Society
WESTWOOD, Mass., April 29 -- In the past month, LoJack Corporation's Stolen Vehicle Recovery System has been instrumental in helping police solve a carjacking, break up organized crime rings involving chop shops with stolen goods valued at approximately $100,000, and apprehend violent criminals. These recoveries underscore LoJack's effectiveness in not only recovering a diverse range of stolen mobile assets including cars, motorcycles and construction equipment, but in also helping police arrest the violent criminals behind these and other more serious crimes.
"These recoveries are great examples of how our proven System continues to benefit society by helping police not only find and recover stolen assets, but moreover break up organized crime rings and arrest the thieves behind these criminal acts," said Ronald V. Waters, LoJack's President and Chief Executive Officer. "These recoveries once again demonstrate that LoJack has the right technology and processes in place to effectively recover a wide range of stolen assets. Our Radio Frequency technology is time-tested, delivering unmatched effectiveness in locating stolen assets - even if they are hidden in dense foliage, in a concrete garage, a shipping container or a steel building. Additionally, our direct integration with police puts recovery exactly where it belongs - in the hands of professionals who can swiftly track down stolen assets and arrest the perpetrators behind the crime. Taken together, these strengths have enabled LoJack to achieve a 90 percent success rate over the past 20+ years and recover more than $5 billion in stolen assets worldwide."