LoJack Unveils Details Around New Fleet Management Offerings for Automotive
Dealerships at NADA Convention & Expo
CANTON, Mass., Feb. 14, 2013
CANTON, Mass., Feb. 14, 2013 /PRNewswire/ --Last week at the NADA Convention
& Expo, LoJack Corporation (NASDAQ: LOJN), the company that created the stolen
vehicle recovery market, announced details surrounding its new fleet
telematics solutions for automotive dealerships.
Beginning on March 1, LoJack Fleet Management Solutions Powered by TomTom will
be available for dealerships that have parts and service fleets, loaner fleets
and transport fleets. These powerful solutions will provide dealerships the
opportunity to manage their fleets in a way that delivers lower operating
costs while enhancing customer service. In addition to assisting dealerships
with their own fleets, LoJack will be introducing a program for dealership
"We are excited about delivering these new fleet solutions to our dealer
partners, as it will provide immediate value to their business and customers,"
said Randy L. Ortiz, President and CEO of LoJack.
If a dealership is interested in learning more about how LoJack Fleet
Management Solutions Powered by TomTom can benefit their business, please
visit www.lojack.com/dealer or contact (877) 775-6522.
About LoJack Corporation
LoJack Corporation, the company that has helped more than nine million people
protect their vehicles in the event of theft over the past 25+ years, today
provides safety, security and protection for an ever-growing range of valuable
assets and people. Leveraging its core strengths, including its well-known
brand, direct integration with law enforcement and dealer distribution
network, LoJack Corporation is expanding into new areas across the continuum
from theft deterrence to recovery. The Company is focusing on creating a new
level of value for its dealer, customer and investor communities by delivering
innovative offerings, multiple technologies in expanding geographies.
Safe Harbor Regarding Forward Looking Statements
From time to time, information provided by LoJack or statements made by its
employees may contain "forward-looking" statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Any statements in this news
release that are not statements of historical fact are forward-looking
statements. You can identify these statements by use of the words "assumes,"
"believes," "estimates," "expects," "will," "intends," "plans," "projects" and
similar expressions that do not relate to historical matters. Such
forward-looking statements are based on a number of assumptions and involve a
number of risks and uncertainties that could cause actual results to differ
materially, including risks associated with the continued and future
acceptance of LoJack's products and services, competition, LoJack's
relationships with dealers, licensees and agents, LoJack's ability to respond
to technological change to meet evolving customer needs, achieving the
expected benefits from LoJack's strategic alliance with TomTom, and changes in
general economic or geopolitical conditions and conditions in the automotive
retail market. For a further discussion of these and other significant factors
to consider in connection with forward-looking statements concerning LoJack,
reference is made to LoJack's Annual Report on Form 10-K for the year ended
December 31, 2011 and LoJack's other filings with the Securities and Exchange
Commission. Readers should not place undue reliance on any forward-looking
statements, which only speak as of the date made. Except as required by law,
LoJack undertakes no obligation to update any forward-looking statements.
Jeremy Warnick Matt Landry Maria Brown
LoJack Corporation Matter Communications Matter Communications
617-640-6601 (978) 499-9250 (978) 499-9250
firstname.lastname@example.org email@example.com firstname.lastname@example.org
SOURCE LoJack Corporation
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