LoJack, the Massachusetts based car security system for stolen car recovery, received FCC approval to expand their offers from tracking cars to tracking people. In April 2008, LoJack acquired the assets of Location Systems to support the tracking and recovery of at risk people. This FCC approval clears the way for a number of new location aware services and revenue streams for LoJack.
From the Boston Business Journal:
"LoJack Corp., which uses wireless technology to track down stolen cars, said Wednesday it received approval from the Federal Communications Commission to use a nationwide frequency for tracking missing people, people of interest to law enforcement and lost or stolen cargo.
The Westwood, Mass.-based company (Nasdaq: LOJN) said the approval was in response to a 2005 petition by LoJack to the FCC to use the nationwide frequency for purposes other than tracking stolen vehicles.
The approval gives the company the ability to diversify its technology into other segments of business. The FCC approval also grants LoJack to transition its network from wideband to narrowband, which it plans to do by 2019."