BOSTON -- A company known for locating missing vehicles is now offering its services for missing people.

“LoJack for People” is a new device that uses radio frequencies to track people with conditions that put them at risk for wandering such as Alzheimer’s disease or autism, the company announced on Tuesday.

The at-risk person wears a wristband that emits radio signals that can be tracked by law enforcement.

LoJack plans to donate LoJack SafetyNet receivers and training to law enforcement agencies all over the country over the next year, as it did with its well-known Stolen Vehicle Recovery program, according to a LoJack press release.

Over 60 percent of those with dementia related to Alzheimer’s disease will wander, according to the Alzheimer’s Association.

The new product would help law enforcement find a missing person faster, saving both time and money, LoJack spokesman Paul McMahon said.

“It’s something that provides a societal benefit to caregiver and a benefit to society in that it’s helping law enforcement,” McMahon said.

Users are charged a $99 initial enrollment fee and $30 per month thereafter for the program.

“Rather than taking three days to find someone, it could only take hours,” said LoJack Law Enforcement Director and retired police officer Scott Martin.

Martin said he saw a need for the tracking equipment when he was in the police force.