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SpatialNews.com Press Release
LoJack Corporation Selects AirIQ OnLine to Be Service
Provider for Its New Telematics Product
TORONTO, Sept. 11, 2000--AirIQ Inc., a unique wireless application service provider specializing
in the emerging telematics industry, and LoJack Corporation (NASDAQ NMS:LOJN), the world leader in stolen vehicle
recovery, jointly announced today that they have signed an agreement in which AirIQ will be the exclusive application service
provider for LoJack's in-vehicle telematics product for the automotive aftermarket.
The new LoJack product - expected to be introduced in early 2001 - will allow consumers a suite of safety and security
services and commercial customers fleet management capabilities. AirIQ is one of the first companies to gather wireless
location and other types of data and deliver it to customers via the Internet.
In announcing LoJack's participation in the agreement, C. Michael Daley, Chairman, said, "AirIQ's ability as an application
service provider (ASP) to marry wireless technology with Internet communication is key to enabling LoJack to provide its
customers with a cost effective telematics product which will offer location technology, roadside assistance, collision notification
and "Mayday" services, as well as asset tracking and remote door unlocking.
"This agreement, along with previously announced agreements with Wireless Link Corporation, to develop a state-of-the-art
vehicle telematics product, and with Aeris.net, which transmits information via its Micro-Burst(TM) cellular network utilizing
control channels completes the strategic alliances necessary to put LoJack on course to begin our marketing program. Our
objective is to provide an affordable safety and security device for individual consumers and a cost effective fleet management
tool for small to mid-sized fleets."
Don Simmonds, President and CEO of AirIQ, said, "AirIQ's depth of experience in telematics allowed us to meet LoJack's
high expectations and exacting standards. Our powerful Web-based service, AirIQ OnLine, provides customers and the
LoJack call center with vital location-based information." Telematics is the provision of wireless location-based information to
and from vehicles.
The foregoing statements concerning expectations for the balance of fiscal 2001 and thereafter are forward-looking
statements which involve a number of risks and uncertainties which could cause actual results to differ from those projected.
Such risks and uncertainties include, without limitation, matters affecting the sales of automobiles, and the state of the economy
in general, as well as matters affecting the company, such as timing of commencement of operations of new markets and the
success and financial condition of the company's new and existing foreign licensees, the results of the company's domestic
markets, and other factors which are listed in Exhibit 99 to the company's Annual Report on Form 10-K for the fiscal year
ended February 29, 2000.
About LoJack Corporation
LoJack Corporation markets and licenses the LoJack System, a unique, proprietary system used by law enforcement
personnel to track, locate and recover stolen vehicles. The LoJack System is currently operational in 17 states in the United
States, including the District of Columbia, and in 17 international markets. Visit LoJack Corporation on the Internet at
www.LoJack.com
About AirIQ
Based in Pickering, near Toronto, Canada, AirIQ is an application service provider specializing in wireless fleet management
for vehicles. The AirIQ solution is a marriage of five advanced technologies: Internet, wireless communications, positioning
technology (GPS), digitized mapping (GIS) and computing intelligence. AirIQ was formed in 1997 as a partnership among
three high-technology leaders: Bell Mobility, Lenbrook Inc. and Veridian Corporation. Visit AirIQ on the Internet at
www.airiq.com.
CONTACT:
For AirIQ Inc.:
AirIQ Inc.
Allison Huizenga, Corporate Communications
1-888/606-6444 x4326
ahuizenga@airiq.com
or
Canadian Media:
Environics Communications
Catharine Heddle
416/920-9000 x278
cheddle@pr.environics.ca
or
U.S. Media:
Environics Communications
Deepali Sarin
203/325-8772 x31
dsarin@environics-usa.com
For LoJack Corporation:
LoJack Corporation
Paul J. McMahon, Director, Marketing Communications
781/326-4700
or
Media:
Jane Bartnett Communications, Inc.
Jane Bartnett
516/897-9017
or
Investors:
Swanson Communications, Inc.
John Swanson
516/671-8582
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