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LoJack Reveals Top Stolen Vehicle Recoveries of 2006


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New Theft Trends Emerge Involving Identity Theft and Selling Stolen Goods Online; Organized Theft Rings Continue to Fuel Theft

WESTWOOD, MA - December 13, 2006: LoJack Corporation today unveiled its third annual wrap-up of the year's top recoveries involving stolen mobile assets - cars, construction equipment and motorcycles -- that were equipped with the LoJack System. These stories uncover some new trends, such as identity theft and selling stolen goods online, which mirror the information age in which we live. At the same time, this year's recoveries underscore that organized theft rings continue to be the key driver of all types of theft-from sedans to bikes to backhoes.

"From a review of our 2006 recovery stories, it's clear that organized crime rings continue to drive theft and are using some new means-like online sales of stolen parts-to profit from their illegal activities," said Richard T. Riley, LoJack's Chairman and CEO. "We're proud that during LoJack's 20 years in the business, our highly effective stolen vehicle recovery solutions have been instrumental in not only recovering stolen assets, but moreover, in helping police fight the growing problem of theft and arresting the criminals behind it."

Below are LoJack's top recoveries for 2006:

* "Best Bust Reflecting a New Theft Trend" -- In this recovery, a LoJack-equipped Suzuki GSXR750 led detectives in Los Angeles to a motorcycle chop shop where they recovered five additional sport bikes, a 1998 BMW 5281 and also uncovered a new trend in bike theft involving selling stolen parts online. At the scene, officers found numerous large boxes containing complete motorcycle components for Yamahas, Hondas, Kawasakis, plus multiple front ends, boxes of wheels, mufflers, gas tanks, rear wheel assemblies, countless tools, parts and engines-all ready to be sold online.

* "Biggest Construction Theft Ring Bust" -- This major organized theft ring-which was discovered when Los Angeles PD/California Highway Patrol tracked down a LoJack-equipped Ingersoll-Rand Skid Steer-had it all: the recovery of more than $750,000 in construction equipment; stolen equipment that was being shipped overseas to Russia and Germany; and the use of identity theft to rent and steal equipment. Thus far, multiple suspects have been identified and the investigation is ongoing.

* "Most Dramatic Recovery" -- In this Illinois recovery, the owner of a Ford Mustang awoke from a nap to discover that someone had broken into her home, kidnapped her 14-month old baby and stolen her vehicle. A short time after the theft was reported, a LoJack-equipped Chicago PD patrol car and helicopter both picked up the silent radio frequency signal and found the stolen vehicle stopped at a red light. Within seconds of a call for backup, more than 12 squad cars arrived at the scene. The baby was found unharmed, the vehicle was returned undamaged and the suspect was placed under arrest.

* "Best Recovery Resulting in the Arrest of Wanted Criminals" -- In this recovery of a Jeep Grand Cherokee in Queens, NY, police officers not only recovered the vehicle, but also arrested suspects that were involved in 32 recent armed robberies.

And, on the lighter side ...

"Truth is Stranger than Fiction" -- Get this -- in this recovery, a car thief actually stole a LoJack-equipped Toyota Camry in order to drive to the Baltimore County Courthouse to attend his hearing on a previous charge for-you guessed it-auto theft. Needless to say, the suspect will have to find an alternate source of transportation for his hearing on the theft of this Toyota!

About LoJack Corporation

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 undisputed global leader in tracking and recovering valuable mobile assets. The company's Stolen Vehicle Recovery System delivers a better than 90 percent success rate in tracking and recovering stolen cars and trucks and has helped recover more than $3 billion in global 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 28 countries throughout Europe, Africa, Latin America and Asia.