AT&T to Power LoJack’s Telematics Solutions for Commercial Equipment Fleet and Automotive Industries
Collaboration Will Provide New Machine-to-Machine Technology Solutions for the Connected Car Industry
DALLAS and CANTON, Mass., Jan. 6, 2015 – AT&T*and LoJack Corporation (NASDAQ: LOJN), a leader in vehicle theft recovery and advanced fleet management solutions, announced today a collaboration to power LoJack’s current and future telematics solutions. The alliance is resonant of both company’s commitment to providing machine-to-machine and telematics solutions to the automotive and fleet industries.
By 2018, more than nine billion devices will be connected to the Internet of Things, according to Business Insider Intelligence estimates. Benefits from the Internet of Things movement – including better operational efficiency, improved customer service and increased profitability – are driving the demand for companies of all sizes to integrate these intelligent, connected solutions. Collaborating with AT&T will enable LoJack to continue to deliver on its commitment to the safety, security and protection of its customers and their assets with proven technology that provides businesses with the services and solutions necessary to be successful in today’s market.
“As LoJack continues to build on its current portfolio of telematics offerings and our strong history in the automotive industry, we’re excited to collaborate with AT&T to deliver new connected solutions,” said Randy Ortiz, President and CEO of LoJack Corporation. “In an increasingly connected world, both companies can work together to empower businesses with innovative solutions that drive operational efficiency and customer service needs, while also improving driver safety. The safety, security and protection of our customers is paramount to what we do at LoJack, and AT&T’s successful Texting & Driving…It Can Wait campaign is a perfect example of why this collaboration is a natural and compelling fit.”
“The work we have planned with LoJack is a great example of how the industrial Internet of Things is going to reduce costs and enable exciting new solutions for customers,” said Chris Penrose, senior Vice President, Internet of Things, AT&T Mobility. “We’re leading in machine-to-machine connections in North America because we are committed to providing innovative solutions so an enterprise can achieve those goals.”
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
AT&T Inc. (NYSE:T) is a premier communications holding company and one of the most honored companies in the world. Its subsidiaries and affiliates – AT&T operating companies – are the providers of AT&T services in the United States and internationally. With a powerful array of network resources that includes the network with the nation’s strongest LTE signal as well as the nation’s most reliable LTE network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile Internet, AT&T also offers the best global wireless coverage, based on offering voice and data roaming in more countries than any other U.S. based carrier, and offering the most wireless smartphones and tablets that work in the most countries. It also offers advanced TV service with the AT&T U-verse® brand. The company’s suite of IP-based business communications services is one of the most advanced in the world.
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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 and fleet management services. 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. For more information, visit www.lojack.com, www.autotheftblog.com or www.youtube.com/lojack.