Home » News Room » I.D. Systems to Present at Houlihan Lokey

I.D. Systems to Present at
Houlihan Lokey Technology, Media, Telecom & Gaming Conference
on October 27, 2011

Woodcliff Lake, NJ, October 13, 2011—I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of wireless solutions for tracking, securing and managing high-value enterprise assets, has been invited to present at Houlihan Lokey’s Technology, Media, Telecom & Gaming Conference. The conference will be held at the Grand Hyatt Hotel in New York City on October 27, 2011.

I.D. Systems’ CEO Jeffrey Jagid and CFO Ned Mavrommatis are scheduled to present on October 27, 2011 at 2:40 p.m. Eastern Time, with one-on-one meetings held throughout the day. Management will discuss the company's recent financial and operational performance, including its partnership with Avis Budget Group to deploy a new generation of wireless vehicle rental technology, as well as recent purchase orders from the United States Postal Service for software upgrades and support services related to its wireless industrial vehicle management system.

Management’s presentation will be webcast live via http://www.hl.com/conference/tmt2011/live/, and available for replay following the conference in the investor relations section of I.D. Systems’ Web site at www.id-systems.com.

For more information about the conference or to schedule a one-on-one meeting with I.D. Systems management, please contact your Houlihan Lokey representative.

About Houlihan Lokey:
Houlihan Lokey provides investment banking services and earned international distinction in mergers, acquisitions, financings, financial restructuring, financial opinions and valuations. Houlihan Lokey is solely owned by over 250 of its employees and ORIX USA Corporation, a wholly owned subsidiary of ORIX Corporation of Japan. For more information, visit www.hl.com.

About I.D. Systems:
Based in Woodcliff Lake, New Jersey, with subsidiaries in Germany and the United Kingdom, I.D. Systems is a leading provider of solutions for securing, controlling, tracking, and managing high-value enterprise assets, including vehicles, powered equipment, trailers, containers, baggage, and cargo. The Company’s patented technologies address the needs of organizations to monitor and analyze their assets to improve safety, security, efficiency, and productivity. For more information, visit www.id-systems.com.

“Safe Harbor” statement:
This press release contains forward looking statements within the meaning of federal securities laws. Forward-looking statements include statements with respect to I.D. Systems’ beliefs, plans, goals, objectives, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond I.D. Systems’ control, and which may cause its actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. For example, forward-looking statements include: statements regarding prospects for additional customers; market forecasts; projections of earnings, revenues, synergies, accretion or other financial information; and plans, strategies and objectives of management for future operations, including integration plans in connection with acquisitions. The risks and uncertainties referred to above include, but are not limited to, future economic and business conditions, the loss of key customers or reduction in the purchase of products by any such customers, the failure of the market for I.D. Systems’ products to continue to develop, the possibility that I.D. Systems may not be able to integrate successfully the business, operations and employees of acquired businesses, the inability to protect I.D. Systems’ intellectual property, the inability to manage growth, the effects of competition from a variety of local, regional, national and other providers of wireless solutions, and other risks detailed from time to time in I.D. Systems’ filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2009. These risks could cause actual results to differ materially from those expressed in any forward looking statements made by, or on behalf of, I.D. Systems. I.D. Systems assumes no obligation to update the information contained in this press release, and expressly disclaims any obligation to do so, whether as a result of new information, future events or otherwise.