Safeguarding Your Equipment Equipment Theft: A Growing Problem for Business Owners

1. Safeguarding Your EquipmentEquipment Theft: A Growing Problem for Business Owners

2. Overview • Discuss the size of the problem • Discuss reasons for equipment theft • Review steps to safeguard equipment • Discuss a variety of available anti-theft options

3. Size of the Problem • 300 Million to 1 Billion per Year (For heavy equipment only) • Does not include • Tools • Materials • Business interruption • Crew downtime • Contractual penalties • Increased insurance premiums • Replacement or rental costs

4. Texas North Carolina California Florida Pennsylvania Georgia Illinois Missouri South Carolina Indiana Top 10 States in 2004 The Top 5 States Accounted for 38% of the Stolen Equipment in 2004 Data provided by: NER

5. Illinois - 19 Texas - 16 Florida - 15 North Carolina – 15 South Carolina – 14 Total of 193 claims 41% Hortica – Top 5 States for Equipment TheftJanuary , 2000 thru September, 2006

6. Graph provided by: NER

7. 3 Key Factors Of Equipment That Is Stolen • Value – Primary factor • How much is it worth? • Mobility – Size • Can it be moved easily? • Age of equipment • Newer equipment has higher re-sale values.

8. Average Cost of New Equipment • Skid Steers – $15,000 to $30,000 • Backhoe Loaders – $45,000 to $70,000 • Tractors - $30,000 to $50,000 • Forklifts - $20,000 - $40,000

9. It is estimated that less than 10% of stolen equipment is recovered. Reasons Low risk crime High payoff Poor owner records Titling & registration is not mandated Organized crime High demand for equipment – US & other countries Poor security measures in place One Key Fits-All Recovery Rates

10. Protecting your equipment Re-key your equipment Don’t leave equipment in remote locations Inventory your equipment frequently Have designated storage areas so you know if something is missing Paint your equipment a unique color Include your company name & logo Install & use anti-theft devices What can you do?

11. Manufacturer Year manufactured PIN / Serial # Owner Applied # (OAN) Color Decals / Logos Download an Equipment Information Form at: http://www.hortica-insurance.com/risk_management.asp Collection of Equipment Information

12. Owner Applied Number(OAN) • Hidden & Visible • Visible from a distance • Unique # to the equipment or unique to the owner • Can be engraved for added security

13. Equipment Information Collection Service National Equipment Registry • Stores Owner & Equipment Information in a National Database • Secure System • Used only in equipment recovery • Works closely with Insurance & Law Enforcement Agencies www.nerusa.com

14. National Insurance Crime Bureau • Non-profit organization • Receives support from law enforcement and insurance agencies • Toll free hotline 1-800-TEL-NICB (835-6422) www.nicb.org

15. Features Laser etched micro-chips Unique number to your equipment Can only be seen using specialized equipment that is only available to law enforcement Registered with NER DATA DOT www.datadotdna.com www.identificationtechnologies.com

16. RFID • Durable & accurate tracking system • Includes product information: • Serial number • Product information • User information • Small & easily concealed • Mobile scanner allows you to track who the tool or equipment is assigned to

17. Electronic Article Surveillance (EAS) Security System • Paper thin sticker – soft & hard security tags • Can be placed inside of the equipment • Alarm activated if the tool goes past the gate

18. www.equipmentlock.com

19. www.dewalt.com Key Features • Easy self installation • Cellular technology • 2X stronger signal than a typical cell phone • Optional phone line • Can be moved from job site to job site • Self monitored or monitoring service • Monitoring service available Container Key Chain Motion Security Cable Base Unit Door/Window

20. www.dewalt.com Mobile Lock Key Features • Standalone units (No base unit necessary) • Call up to 3 programmed phone numbers • Self monitored or monitoring service • Magnetic mounting • GPS locator Motion Equipment Equipment

21. Other Products Weighttroller – tells you how much the load weighs Speedtroller – set a speed limit for your equipment – receive a report if the limit is exceeded Movetroller – full equipment monitor software – track the movement of you equipment www.keytroller.com Key Features • Keyless system • Start machinery from key pad • Only authorized employees can start equipment • Tracks employee use • Track maintenance intervals

22. Caterpillar www.cat.com Mobile Security System (MSS) • Keys are embedded with a microchip. • On MSS equipped machines only the MSS Key will start them • Available on new machines or as a retrofit • Can be programmed to tell you who accessed the machine • Can be set to only work during a specific time period

23. Features GPS Positioning Speed Engine status Tracks service hours Mechanical problems Remote shutdown Web based program lets you see where your equipment is Increased equipment utilization Reduced maintenance costs Increased equipment efficiency Set site specific boundaries Telematics

24. Features GPS tracking system Central monitoring Works with law enforcement agencies Radio transceiver Recovered more than 3 billion dollars of stolen assets to date Early Warning Recovery System Lets you know when you equipment is moved Be alerted by phone, e-mail or pager www.lojack.com

25. Features • Key Switch Alarms • Geofences – Alarm System • Machine Shutdown Device • GPS Technology • Theft Detection www.dplamerica.com/titan.htm

26. Other Popular Non-vehicle Equipment Theft • Welders • Air Compressors • Generators • Powered Hand Tools

27. The End • Any Questions ??