IRVINE, Calif., March 20, 2018 /PRNewswire/ -- LoJack®, a
wholly-owned subsidiary of CalAmp (Nasdaq: CAMP) and a leader in
stolen vehicle recovery (SVR) and innovative automotive services,
today announced next-generation consumer telematics solutions.
Through a combination of CalAmp core telematics services and
peerless LoJack SVR technology, the LoJack brand is expanding
across the U.S., making SVR and enhanced telematics services
including CrashBoxx alerts available nationwide. These new
connected vehicle services will enable dealers to realize
additional revenue streams through this next-generation LoJack
telematics bundle with safety and security features to expedite
crash response and help save lives all across the country.
LoJack's new generation of dual-mode telematics and SVR
technology is the only offering that combines connected car
features and real-time crash management with the proven performance
of the proprietary LoJack® Stolen Vehicle Recovery System supported
directly by law enforcement agencies. This enhanced system
with an effective nationwide service footprint significantly
expands the addressable market of automotive dealers that can now
offer LoJack's products to their customers anywhere in the U.S.
The advanced capabilities blend CrashBoxx™ instant crash alerts
with benefits like speed alerts, TripWire™ arrival notifications
and trip history, all via the new LoJack SureDrive™ connected car
mobile application. In the event of a collision, CrashBoxx will
automatically notify the LoJack call center to help provide timely
assistance and facilitate emergency response based on information
about crash severity and other key technical details reported in
real time. Car owners can also adjust personal preferences to
receive notifications when exceeding safe driving conditions,
thereby reducing driver risk. In addition, customers can opt in to
allow dealers to receive vehicle diagnostic information for
proactive response to maintenance and repair issues.
"The latest LoJack technology greatly expands our footprint and
provides dealers across the U.S. with telematics services that
enhance the customer experience and help drive bottom line
financial results," said Michael
Burdiek, president and CEO of CalAmp. "As consumers become
more aware of what connected vehicle technology can offer,
real-time data and analytics will be key to developing new
value-added services that deliver increased revenue opportunities
for dealers while providing peace of mind for their customers."
In addition to delivering value to dealers, CalAmp is
collaborating with Together for Safer Roads® to leverage data and
technology like that enabled by LoJack's connected vehicle
solutions to minimize driver risk and help facilitate potentially
life-saving emergency response.
"LoJack's new connected vehicle services and CrashBoxx
technology is an important step forward in bringing solutions to
market that help consumers develop better driving behaviors and
improve post-crash response," said David
Braunstein, president of Together for Safer Roads.
"Post-crash response is a key pillar we focus on in collaboration
with automotive and technology industry leaders like CalAmp to
create a measurable and sustainable impact in our drive to save
lives."
For more information on LoJack's next generation connected car
and SVR services, visit Booth 4922C at the 2018 NADA Show from
March 23 – 25 in Las Vegas or attend our NADA Live thought
leadership panel "Connected Cars Pave the Way for Revenue
Opportunities and More Secure Roads" on March 24 from 1:30 to 2:00
pm located in the Lower Central Concourse of the Las Vegas
Convention Center.
About Together for Safer Roads
Together for Safer
Roads (TSR) is an innovative coalition that brings together global
private sector companies, across industries, to collaborate on
improving road safety and reducing deaths and injuries from road
traffic crashes globally. TSR brings together members' best
practices, global networks, data, and technical expertise to focus
on five areas that will make the greatest impact globally and
within local communities. These focus areas align with the United
Nations Decade of Action for Road Safety's Five Pillars by
developing programs to address issues in road safety management,
safer roads and mobility, safer vehicles, safer road users, and
post-crash response. TSR's current members include AB InBev,
Abertis, AIG, AT&T, CalAmp, Ericsson, GM, IBM, iHeartMedia,
Octo Telematics, PepsiCo, Republic Services, Ryder, UPS, and
Walmart. Learn more at www.togetherforsaferroads.org. Connect
with us on Facebook, LinkedIn, Twitter,
and YouTube.
About LoJack and CalAmp
LoJack is a wholly owned
subsidiary of CalAmp (Nasdaq: CAMP) and a leader in stolen vehicle
recovery and innovative automotive services. CalAmp is a telematics
pioneer leading transformation in a global connected economy. We
help reinvent businesses and improve lives around the globe with
technology solutions that streamline complex IoT deployments and
bring intelligence to the edge. Our software applications, scalable
cloud services, and intelligent devices collect and assess
business-critical data from mobile assets, cargo, companies, cities
and people. We call this The New How, powering autonomous
IoT interaction, facilitating efficient decision making, optimizing
resource utilization, and improving road safety. CalAmp is
headquartered in Irvine,
California and has been publicly traded since 1983. For more
information on CalAmp, visit calamp.com, or LinkedIn, Twitter,
YouTube or CalAmp Blog. For more information on LoJack, visit
lojack.com, or Twitter, Facebook or LoJack Blog.
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SOURCE LoJack