LoJack Corp. Announces Management Succession; Richard T. Riley to Become CEO

WESTWOOD, Mass., Nov. 16, 2006 -- LoJack Corporation , the leading provider of tracking and recovery systems for stolen mobile assets, announced today that Joseph F. Abely has resigned as Chief Executive Officer and as a director of LoJack effective November 17, 2006, for personal reasons. In order to assist in the transition of his duties, Mr. Abely has agreed to continue as an employee through July 31, 2007 and will retire from the Company effective August 1.

Richard T. Riley, the Company's President and Chief Operating Officer and a director will succeed Mr. Abely as Chief Executive Officer, and is expected to be elected Chairman of the Board of Directors.

LoJack's Lead Director, Robert J. Murray, said, "Joe has taken LoJack to new levels of achievement in many critical areas during his eighteen years with the Company. His assistance with the upcoming transition is greatly appreciated. We are exceptionally fortunate to have the continuity in leadership provided by Rich Riley, a seasoned executive who brings demonstrated leadership, experience and detailed knowledge of LoJack's operations to his new role. We are confident in his abilities and those of the other members of our leadership team."