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- "LoJack" created as the antithesis of "hijack"
- Tracks stolen cars & laptops
- LOJN on NASDAQ
- Founded 1978
- Headquarters: Westwood, Massachusetts
- CEO: Richard Riley
- COO: Ronald Waters III
- Employees: 925
- Manufacturer claimed 90% recovery rate
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LoJack Stolen Vehicle Recovery System is used to by police to track vehicles after they have been stolen. The business also specializes in tracking and recovery of cars, trucks, construction equipment, and other vehicles. LoJack For People is a wrist device announced in February 2009 to assist in tracking people prone to wandering.
The LoJack system is a small radio transceiver hidden in a vehicle and interfaces with the National Crime Information Computer (NCIC). When a theft is reported, the system is activated and uses a radio frequency to track the car. Every police car within a 2-3 mile radius is alerted that the stolen car is nearby.
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LoJack for People
The LoJack for People system uses a wristwatch looking device to provide the tracking beacon that police will be able to pick up via the LoJack SafetyNet recivers, which the company is donating to law enforcement agencies. The product is designed to assist in finding people who are prone to wandering and getting lost, such as those who suffer from autism or Alzheimers. The initial fee will be $99 for enrollment in the program, with $30 a month for monitoring services.The Boston Channel: 'LoJack For People' Tracks Wanderers (February 10, 2009)



