LoJack's Self-Powered Recovery System For Construction Equipment Named Among Top 50 New Products By Readers Of Equipment Today
Ruggedized System Provides Proven Theft Protection For a Far Greater Range of Construction Equipment, Including Electric, Solar Powered and Towable Assets
Canton, MA - September 19, 2012 - Readers of Equipment
Today magazine have named LoJack® Corporation's
(NASDAQ: LOJN) new self-powered Stolen Vehicle Recovery
System for construction equipment one of the
"Contractors' Top 50 New Products of the
Year," as
announced this week by the Cygnus publication. This
next generation, Radio Frequency-based ruggedized
Stolen Vehicle Recovery System for construction
equipment and commercial vehicles is based on a proprietary
power management protocol.
LoJack's self-powered recovery system is entirely
self-contained (no wires) and does not require constant
charging to any power source. This not only streamlines the
installation process, but also enables the system to be
installed on a greater array of equipment-especially those
that do not have a power source such as electric forklifts,
solar-powered assets and equipment using alternative fuels.
Because the battery is self-contained, the LoJack System
can now be hidden in additional locations on a piece of
equipment.
"We are honored to have our breakthrough recovery
system acknowledged by so many readers to be among the top
contractor products introduced in 2012," said Courtney
DeMilio, Senior Director of National Commercial Sales,
LoJack Corporation. "The advantages offered by this
system have been embraced by the industry and underscore
that LoJack is staying a step ahead of today's thieves
who could potentially delay or, worse, cost a contractor a
job due to equipment theft. This system was developed
completely in response to our customers, who were seeking a
recovery solution that protected a broader array of
equipment, particularly those that do not have a power
source. This feature, combined with the fact that it can be
installed in more locations on a piece of equipment, make
it an ideal solution for today's equipment
owner."
The Equipment Today
Contractors' Top 50 New Products is an annual
awards program recognizing the newest construction
equipment and products that contractors think are most
likely to improve their business. Winning products were
selected from new products that appeared in Equipment Today
over a 12-month period. The publication narrowed down the
hundreds of potential candidates by looking at the number
of times readers of Equipment Today asked for more
information about products, and the number of page views
they received on ForConstructionPros.com. Online voting on
a list of dozens of nominees helped finalize the list.
How the LoJack System Works - Watch
Video
The LoJack Stolen Vehicle Recovery System for construction
equipment and commercial vehicles utilizes a small wireless
Radio Frequency transceiver-now self-powered-that is hidden
in a piece of equipment, including backhoes and skid steer
loaders, in one of many possible locations. LoJack donates
Police Tracking Computers (PTCs) that are installed in
police cars, helicopters and fixed-wing aircraft used by
participating law enforcement agencies. Once equipment is
reported stolen to the police, the product identification
number is matched to the LoJack System's registration
number by state law enforcement computers. After the match,
the LoJack System is automatically activated by police,
which causes the small, hidden transceiver in the equipment
to emit a silent signal. Law enforcement vehicles and
aircraft equipped with LoJack PTCs follow these signals,
which can lead to the precise location of the stolen asset,
even underground garages, barns and deeply wooded
areas.
Since entering the construction market in 2000, the LoJack
System has helped law enforcement recover more than 4,000
LoJack-equipped stolen construction assets worth nearly
$125 million-plus the value of other stolen non
LoJack-equipped construction equipment that police
recovered in chop shops and theft rings. Overall, the
LoJack Stolen Vehicle Recovery System has helped recover
more than 300,000 stolen vehicles worldwide worth nearly $4
billion USD since inventing the stolen vehicle recovery
market more than 25 years ago.
Availability
LoJack's next generation Stolen Vehicle Recovery System
for construction equipment and commercial vehicles is
available today. There are no monthly or installation fees
and fleet pricing is also offered. LoJack can also be
installed at key partnered equipment manufacturers (OEMs)
prior to taking delivery of construction equipment and
fleet vehicles.www.lojack.com/fleet and www.Facebook.com/LoJackCommercial.
About LoJack Corporation
LoJack Corporation, the company that invented the stolen
vehicle recovery market more than 25 years ago, is the
global leader in finding and recovering a wide range of
mobile assets including cars, construction equipment and
motorcycles-having recovered nearly $4 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 conditions such as autism and Alzheimer's.www.lojack.com, www.twitter.com/LoJackCorp
or www.Facebook.com/LoJackCorp.
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