WESTWOOD, Mass., Feb. 5, 2011 /PRNewswire/ -- From the Midwest to the East Coast, clever car thieves have used the recent snowstorms to cover their tracks. However, LoJack Corporation (Nasdaq: LOJN), highlights two recoveries that show how effective the LoJack Stolen Vehicle Recovery System can be even in harsh weather conditions.
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In Detroit, thieves stole a 1997 Dodge Intrepid from the parking lot of an apartment complex. In an attempt to thwart law enforcement, the thieves covered the license plate with snow so the vehicle could not be identified. Fortunately, the Intrepid was protected by the LoJack Stolen Vehicle Recovery System and, once the owner reported his vehicle stolen, police activated the system and began tracking the silent Radio Frequency signal. Members of the ACTION Auto Theft Task Force picked up and tracked the signal and found the unattended Intrepid in a residential neighborhood, where suspects appeared to have parked it to "cool off." Surveillance was set up and when the suspects returned to the car, they were arrested for Grand Theft Auto.
In a second incident in New Jersey, the owner of a 2003 Case Backhoe was preparing for a day of clearing snow from parking lots to keep traffic flowing at the local mall. However, the next morning when he returned to his LoJack-equipped backhoe, he found it had been stolen. Clearly with all the recent snowfall, thieves found this type of equipment more valuable than ever. Just a little more than an hour after reporting his backhoe missing, local police tracked and recovered the equipment in a deserted area of the Ocean County College campus. The backhoe was subsequently returned to its very happy, hard-working owner.
"These recoveries once again highlight the effectiveness of the LoJack Stolen Vehicle Recovery System," said Patrick Clancy, Vice President of Law Enforcement, LoJack Corporation. "Regardless of the weather, people need to protect their vehicles with a proven recovery system that is covert, uses Radio Frequency technology, and most importantly, is directly integrated with law enforcement. Particularly, since the national recovery rate of stolen vehicles has hit a 25-year low*."
About LoJack Corporation
LoJack Corporation, the company that invented the stolen vehicle recovery market more than two decades ago, is the global leader in finding and recovering a wide range of mobile assets including cars, construction equipment and motorcycles—having recovered more than $5 billion USD in stolen assets worldwide. In today's rapidly changing world, LoJack's core competencies are more valuable and more relevant than ever as they are now being applied into new areas, such as the prevention, detection and recovery of stolen cargo and finding and rescuing people with cognitive disorders such as Alzheimer's and autism. LoJack has the proven processes, ultimate technology for recovery—Radio Frequency—and unique integration with law enforcement agencies, making its offerings the most effective solutions that not only deliver a wide range of recoveries, but also enhance the safety of the public on a global level. LoJack's Stolen Vehicle Recovery System operates in 28 states and the District of Columbia, and in more than 30 countries throughout North America, South America, Europe, Africa and Asia. For more information, visit www.lojack.com, www.twitter.com/LoJackCorp or www.Facebook.com/LoJackCorp.
*FBI Uniform Crime Report
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Laura Feng |
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LoJack Corp. |
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Tier One Partners |
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781-251-4251 |
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SOURCE LoJack Corporation
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