| Business Summary | | LoJack
Corporation
developed
and
markets
the
LoJack
System,
a
unique,
patented
system
designed
to
assist
law
enforcement
personnel
in
locating,
tracking
and
recovering
stolen
vehicles.
The
LoJack
System
consists
of
four
basic
components:
LoJack
Unit;
Police
Tracking
Computer;
Sector
Activation
System;
and
Registration
System.
In
addition,
LoJack
developed
and
markets
CarSearch,
a
product
line
of
its
patented
LoJack
System
designated
for
use
in
international
markets
where
it
may
not
be
practicable
or
desirable
to
implement
the
fully
integrated
LoJack
System. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | LOJN
develops
and
markets
the
LoJack
System,
a
patented
system
for
locating,
tracking
and
recovering
stolen
vehicles.
For
the
three
months
ended
5/31/01,
revenues
increased
less
than
1%
to
$24.5
million.
Net
income
before
accounting
change
fell
16%
to
$2.2
million.
Revenues
benefited
from
an
increase
in
sales
to
the
company's
South
African
and
South
American
licensees.
Earnings
reflect
lower
margin
sales,
new
product
introduction
costs,
and
staffing
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2001
Compensation | | Pay | Exer | |
| Ronald Rossi, 61 Chairman,
CEO | $62K | -- | Joseph Abely, 48 Pres,
COO, Treasurer, Director | 306K | -- | Keith Farris, 53 CFO,
VP-Fin. | -- | -- | William Duvall, 49 Sr.
VP of Operations and Technical Devel. | 234K | $79K | Kevin Mullins, 46 VP
of Sales and Marketing | 188K | -- | Dollar
amounts are as of 28-Feb-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|