LoJack Corporation (LOJN)

LoJack Corporation provides after-market safety, security, and protection products and services for tracking and recovering cars, trucks, and other valuable mobile assets. The company operates through three segments: North America, International, and All Other. It offers LoJack Unit that consists of a very high frequency transponder with a hidden antenna, microprocessor, and power supply, as well as a set of secret codes unique to the LoJack Unit; LoJack Unit with early warning that provides early notification to vehicle owners in the event of unauthorized user; and LoJack Unit for construction equipment that is designed for installation on heavy equipment. The company also provides The LoJack fleet management system, a comprehensive GPS-based telematics system designed for tracking and managing fleet of all sizes; LoJack connect for equipment; and LoJack IM1 inventory management system for dealers. In addition, it provides SafetyNet system, which comprises a transmitter, and a search and rescue receiver used by public safety agencies. The company markets its products directly to owners of commercial equipment and to consumers through its sales force, telemarketing representatives, and direct mail. LoJack Corporation has strategic alliance with TomTom, Inc., to offer fleet telematics solutions to small and medium sized businesses, commercial fleets, automotive dealerships, and law enforcement agencies; and Trackunit A/S to develop and deliver tracking and fleet management solutions for commercial equipment. LoJack Corporation was founded in 1978 and is based in Canton, Massachusetts. As of March 17, 2016, LoJack Corporation operates as a subsidiary of CalAmp Corp.