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| Managing Vehicle Theft
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Automobile theft costs Canadians close to $1 billion every year. To combat this alarming trend, owners should adpat a more proactive, technical approach to risk management - and the insurer must provide the incentive to do so.
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Canadian Underwriter
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Media Coverage
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Serge Laporte
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11/1/2003
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To read the article in Adobe .pdf format, click here.
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| Boomerang
Tracking Inc. markets and distributes the Boomerang®
tracking devices, proprietary products using technology
patented by the Company. The Boomerang, Boomerang2™
and GSM-based units are the central devices in
a system that uses the wireless networks of major
regional telecommunications companies for tracking
stolen assets. The Boomerang Tracking System is
capable of locating stolen automobiles, heavy
equipment and valuable assets. As a result of
its success, the Company has received the endorsement
of members of the insurance industry. The Boomerang
devices are available and installed through a
network of authorized dealers in Quebec and Ontario.
The Company's head office, research and development
centre and manufacturing facilities are located
in Montreal, Quebec, with regional facilities
located in Mississauga, Ontario. Boomerang Tracking is a wholly owned subsidiary of LoJack Corporation (NASDAQ:LOJN). |
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