Lojack

LoJack Corporation (LoJack) is a global provider of technology products and services for the tracking and recovery of stolen mobile assets. The Company’s integration with law enforcement agencies in the United States, together with its technology and wireless network provide a means for the tracking and recovery of stolen vehicles, motorcycles, construction equipment, cargo and people at risk. As of December 31, 2009, the Company’s products were operational in 27 states and the District of Columbia in the United States, Canada and 32 countries internationally. LoJack operates through three segments: North America, International and All Other.

The Company’s North America segment is comprised of its domestic operation, which sells products that operate in all or a portion of 27 states and the District of Columbia in the United States, as well as Boomerang, a provider of stolen vehicle recovery products in Canada. Its International segment sells products, licenses or owns and operates LoJack vehicle recovery technology in 32 countries and territories throughout Europe, Asia, Africa and Latin America and through its wholly owned subsidiary in Italy, LoJack Italia, SRL, or LoJack Italia. All Other segment includes LoJack SafetyNet and SC-Integrity, Inc. (SCI), which are providers of technology for the tracking and rescue or recovery of people at risk and of valuable cargo and business information, respectively.

The LoJack Stolen Vehicle Recovery System

The LoJack Stolen Vehicle Recovery System (the LoJack System) is based on radio frequency (RF) technology. In the United States, the LoJack System consists of a Registration System, which the Company maintains and operates; a Sector Activation System (SAS) and Vehicle Tracking Units, collectively the Law Enforcement Components, each operated by law enforcement officials, and a LoJack Unit, which is installed in customer’s vehicles. The LoJack System is designed to be integrated with existing law enforcement computer...