As vehicle technology became more sophisticated, so did thieves. The transponder key was a turning point in vehicle theft. In the early '90s—in the desperate need to get the key—a rash of carjacking took place, followed closely by home invasion/car thefts. Vehicle theft was rapidly becoming a lucrative business and organized crime rings began to flourish. These rings often operated chop shops, where criminals stripped a car for its parts and often sold them for 3 or 4 times the value of the vehicle.
Nowadays, organized theft rings are often global in scale, targeting specific vehicles in the U.S. and shipping them overseas to places like Latin America, Africa and Eastern Europe. Here in the US, thieves remain on the quest for keys, often posing as valets and taking the keys handed to them. They also are prone to cloning Vehicle Identification Numbers.
Bill Reagan's dream to help keep law enforcement officers safe and recover stolen vehicles has led to a system that today operates in 28 states and the District of Columbia, and in more than 30 countries throughout North America, South America, Europe, Africa and Asia. More than 1,900 law enforcement agencies across the country use LoJack Police Tracking Computers as their first line of defense in the fight against auto theft. Many experts agree that the System—and its Radio Frequency technology—remains the most effective one yet to help recover stolen vehicles, crack international theft rings and apprehend criminals behind these acts.
Stated Koven, "New, old, used cars, construction equipment and even classic cars are now recovered because of LoJack. It's true that we would never have recovered the number of cars we have if it weren't for the LoJack System."
There also are LoJack Systems for motorcycles. In addition, LoJack has an ownership stake in LoJack Supply Chain Integrity, which provides an integrated solution for supply chain protection, and an agreement with Absolute Software to license LoJack's name for their LoJack for Laptops product. Most recently, the company has introduced the SafetyNet by LoJack service, which provides an added layer of protection for those with cognitive conditions such as autism and Alzheimer's who are prone to wandering. The service also provides public safety agencies with the tools and training to more effectively find and rescue those individuals if they wander and go missing—making LoJack truly "all things recovery."
In an effort to both acknowledge and thank the audiences that have been key to its success, LoJack is recognizing its law enforcement partners, providing new programs for its dealer network, adding exciting promotions for customers and is acknowledging employees in a number of ways for their support over the past quarter century.
Customers are eligible to enter into LoJack's 25th anniversary free ride event, in which one winner will receive $25,000 and 25 other entrants will receive free LoJack units. For more information and to register, please visit http://www.lojack25thanniversary.com.