Lojack Acquires Boomerang Tracking

On October 29, 2004, Lojack Corp., a US-based marketer of wireless security and location products and services, completed its acquisition of Boomerang Tracking Inc., a Canadian marketer and distributor of tracking devices based in Montreal, Quebec. The total dollar value of the transaction was approximately C$64 million. Lojack acquired all of the outstanding shares of Boomerang for a consideration consisting of cash, Lojack stock, exchangeable shares or a combination thereof pursuant to a Plan of Arrangement under the Canada Business Corporations Act.

Lojack was represented in Canada by McCarthy Tétrault LLP, with a team that included Lorna Telfer, Benjamin Silver, George Maziotis, Frédéric Cotnoir and Julie Belley Perron (corporate/securities) and Douglas Cannon, Claude Desaulniers and Ylang Ha (tax); and in the US by Sullivan & Worcester, with a team that included Susan Barnard, Michael Matzka, Walter VanBuskirk, Sarah McLaughlin and Kristen Danaher (corporate/securities) and Lewis Greenwald and Joseph Ladocsi (tax).

Boomerang was represented by Davies Ward Phillips & Vineberg LLP, with a team that included Robert Vineberg, Maryse Bertrand, Neil Kravitz and Lloyd Perry Feldman (corporate/securities), and Alan Shragie and Jacqueline Sanderson (tax) in Canada, and Guy Lander and Charles Malone (corporate/securities) in the US.

The independent committee of the board of directors of Boomerang was represented by Gérard Coulombe, Q.C., and Benoit Dionne of Desjardins Ducharme Stein Monast.

Lawyer(s)

Robert S. Vineberg Jacqueline Sanderson Guy Lander George Maziotis Lloyd Perry Feldman Douglas A. Cannon Benjamin Silver Frédéric Cotnoir Claude P. Desaulniers Benoit Dionne Ylang Ha Maryse Bertrand Neil Kravitz Lorna J. Telfer