LoJack For Your Freight
October 19, 2006 by Splatty
Filed under Uncategorized
The LoJack Corporation, best known for their anti-theft devices for automobiles will enter the cargo security market through an agreement with SC-integrity.
Via Lojack press release:
LoJack Corporation (NASDAQ: LOJN), the leading global provider of tracking and recovery systems for stolen mobile assets, today announced that it is entering the cargo security market through an investment in SC-integrity, a Bothell, Washington-based company providing comprehensive solutions for cargo theft prevention, investigation, tracking and recovery. Under the terms of the agreement signed today, LoJack will receive a significant minority stake in SC-integrity. In addition, LoJack will license the LoJack brand to SC-integrity, which will market its current tracking and recovery service as LoJack inTransit.
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