The Car and Truck Fleet and Leasing Management Magazine

LoJack Offers New Total Solution for Construction Equipment Asset Management and Theft Protection

January 22, 2008

LAS VEGAS - LoJack Corporation , a provider of recovery systems for construction equipment, cars, trucks and motorcycles, recently announced at the World of Concrete announced the availability of a new comprehensive solution for fleet managers that layers asset management capabilities on top of LoJack's time-tested stolen vehicle recovery system.

This new offering delivers the industry's most complete solution for both effectively managing assets to maximize operational efficiencies and drive profitability, as well as protecting equipment from the costly problem of theft.

"LoCate + LoJack is a truly powerful solution for fleet managers and construction equipment owners. It gives them unprecedented control over their valuable assets, maximizing the ROI on their equipment and enhancing business profitability. No other company offers a total solution that delivers the most desired asset management capabilities along with highly effective theft protection. Additionally, we're offering LoCate + LoJack at a terrific price point, enabling fleet managers to control their assets with one cost-effective system," said Ronald V. Waters, LoJack's president and COO.

LOCATE + LOJACK FEATURES AND BENEFITSLoJack's New, Easy-to-Use Asset Management SystemLoCate + LoJack features the company's new easy-to-use and straightforward asset management system, which is based on GPS technology. It is a ruggedized system designed for installation in 12 or 24-volt equipment.

Unlike competitive products, LoCate has no hidden costs for unnecessary features, activation, cables, or antennas. There are three simple monthly plans: Basic (40 transactions per month), Plus (100 transactions per month) and Premium (400 transactions per month).

The System includes key functions that enable fleet managers/equipment owners to readily analyze assets, enhancing the ROI on their equipment. The following are LoCate's features:

  • Location on Demand - enables users to access real-time location of equipment via GPS data to manage equipment availability, secure accurate location for equipment pick-up and improve workforce productivity.

  • Geofencing - enables users to set pre-defined radial boundaries around equipment and receive alerts if equipment exits the area. Allows users to minimize risk of loss due to unauthorized use, enforce restricted areas and be notified immediately of theft incidents.

  • Engine Hours - provides users with daily engine hour data for more effective maintenance planning and customer billing. The feature improves planning and scheduling of preventative maintenance, ensures accurate billing, extends the life of your equipment, and avoids downtime due to engine failure.

  • Reporting - system creates user-defined reports to track equipment utilization and maintenance scheduling. Allows users to analyze fleet and workforce productivity, maximize equipment utilization, and get accurate, timely data to support key decisions regarding your fleet.

    For more information, visit www.lojack.com.

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