LoJack Corporation Announces Chief Financial Officer Transition

       LoJack Corporation Announces Chief Financial Officer Transition

Vice President and Controller Casey Delaney Appointed Acting CFO Effective
Immediately; EVP and CFO Donald R. Peck to Assist in Transition Through June
30th

PR Newswire

CANTON, Mass., May 27, 2014

CANTON, Mass., May 27, 2014 /PRNewswire/ -- LoJack Corporation (NASDAQ: LOJN)
today announced that Executive Vice President and Chief Financial Officer
Donald R. Peck is leaving the Company to pursue new opportunities. LoJack has
retained international executive search firm Heidrick & Struggles to assist in
the process of identifying a successor. Effective immediately, Casey Delaney,
LoJack's Vice President and Controller since April 2011, will serve as Acting
CFO until a full-time replacement is named. Peck will stay on in an advisory
role until June 30, 2014 to assist in the transition.

LoJack Corporation Logo.

"Since joining LoJack in November 2011, Don has strengthened our finance
organization and contributed to the success of the Company," said Randy Ortiz,
LoJack's Chief Executive Officer and President. "I want to thank Don for his
service and wish him the best in his future endeavors. Casey, whohas25 years
of corporate finance experience, is well qualified to perform as Acting CFO
during the executive search process."

"I have enjoyed the opportunity to work with Randy and the other members of
the senior management team as LoJack has grown its domestic Stolen Vehicle
Recovery business and expanded into the fleet management space," Peck said.
"Under Randy's leadership, LoJack is well positioned to execute on its
strategic objectives. With this month's successful ruling related to the
Brazilian arbitration, the time is right for me to take the next step in my
career. I look forward to assisting with Casey's transition in her new role as
Acting CFO."

Before joining LoJack, Delaney worked as Corporate Controller of WB Mason
Company from October 2008 to April 2011, and during her tenure served as
Acting CFO for a 12-month period. Before joining WB Mason, Delaney served as
the Director of US Accounting at Computershare LTD from August 2007 to October
2008 and from April 1992 to August 2007 served in various finance positions at
Houghton Mifflin. From 1989 to 1992, Delaney worked as a CPA for Deloitte &
Touche in Boston.

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 and multiple technologies in expanding geographies. For
more information, visit www.lojack.com, www.autotheftblog.com,
www.youtube.com/lojack, www.twitter.com/LoJackCorp,or
www.Facebook.com/LoJackCorp.

Safe Harbor Regarding Forward Looking Statements
From time to time, information provided by the Company or statements made by
its employees may contain "forward-looking" statements within the meaning of
the Private Securities Litigation Reform Act of 1995 and other securities
laws, which involve risks and uncertainties. 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. Any statements in this news release that are
not statements of historical fact are forward-looking statements. Factors that
may cause such differences include, but are not limited to, those set forth in
the Company's Annual Report on Form 10-K for the year ended December 31, 2013
and the Company'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, the Company
undertakes no obligation to release publicly the result of any revision to the
forward-looking statements that may be made to reflect events or circumstances
after the date hereof or to reflect the occurrence of unanticipated events.

Contact:
Scott Solomon
Sharon Merrill
(617) 542-5300

Donald R. Peck
LoJack Corporation
(781) 302-4200

Logo - http://photos.prnewswire.com/prnh/20080512/NEM054LOGO

SOURCE LoJack Corporation

Website: http://www.lojack.com
 
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