Woodcliff Lake, NJ — July 12, 2017 — I.D. Systems, Inc. (NASDAQ: IDSY) (“I.D. Systems” or the “Company”) today announced the pricing of a $15.0 million underwritten public offering consisting of 2,608,695 shares of common stock at a price per share of $5.75. The Company has granted the underwriters a 30-day option to acquire up to 391,304 additional shares of common stock at the public offering price, less underwriting discounts and commissions. After the underwriting

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Woodcliff Lake, NJ — July 11, 2017 — I.D. Systems, Inc. (NASDAQ: IDSY) (“I.D. Systems” or the “Company”) today announced that it intends to offer shares of its common stock in an underwritten public offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The Company intends to use the

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Company Also Reports Preliminary Second Quarter 2017 Revenue of $10.0 Million to $10.5 Million Woodcliff Lake, NJ — July 11, 2017 — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of mobile asset management technology and solutions for the Industrial Internet of Things, has entered into a definitive agreement to acquire substantially all of the assets of Keytroller, LLC, a manufacturer and marketer of a wide range of electronic products for managing forklifts, construction vehicles,

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Woodcliff Lake, NJ — June 15, 2017 — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management technology and solutions for the Industrial Internet of Things, has received $2.4 million in follow-on orders from a leading global auto maker to expand its PowerFleet® Vehicle Management System at four of the company’s manufacturing facilities in both the U.S. and Mexico. These new orders constitute only a portion of a planned global rollout of

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Woodcliff Lake, NJ, April 3, 2017—I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise fleet management solutions for industrial trucks and material handling equipment, has launched its latest generation of user software, Vision Pro™. The new software platform is a complete re-design of I.D. Systems’ previous generation of user software, Vision®. The release of Vision Pro continues to strengthen I.D. Systems’ technology leadership position in the material handling industry, and provides enterprises with advanced

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Woodcliff Lake, N.J. — March 29, 2017 — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise fleet management solutions for fleets of industrial trucks and material handling equipment, has released PowerFleet IQ® 2.0, the enhanced 2nd generation version of its PowerFleet IQ® Analytics software. Since its commercial release in January 2016, PowerFleet IQ has been implemented at hundreds of Fortune 100 sites across dozens of customers representing manufacturing, distribution, warehousing, and aviation customers.

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I.D. Systems Receives Initial Order for 50,000 units from Avis Budget Group for Broad Deployment of its Wireless Rental Fleet Management System I.D. Systems’ Connected Car Technologies will Enable Avis Budget Group to Extend its Industry-Leading Avis Now Service to a Larger Portion of its Fleet WOODCLIFF LAKE, N.J., March 20, 2017 (GLOBE NEWSWIRE) -- I.D. Systems, Inc. (NASDAQ:IDSY) and Avis Budget Group, Inc. (NASDAQ:CAR) have executed a purchase agreement for deployment of I.D. Systems’ proprietary wireless rental fleet management systems in Avis Budget’s vehicle rental

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I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management technology and solutions for the Industrial Internet of Things, has signed a corporate agreement with Michael Foods, a leading food processor and distributor to outfit its fleet of 150 industrial trucks with the PowerFleet® Vehicle Management System provided by I.D. Systems. The company's decision followed an extensive evaluation of several VMS providers, ultimately choosing I.D. Systems' PowerFleet based on its advanced capabilities and

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Woodcliff Lake, N.J. — November 04, 2016 — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management technology and solutions for the Industrial Internet of Things, has received additional orders from a division of a Fortune® 10 global industrial manufacturer for I.D. Systems’ PowerFleet® Vehicle Management System.  The new orders for a third additional site continue the customer’s rollout of VMS in facilities throughout North America. The customer finalized a corporate agreement

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Woodcliff Lake, N.J. — October 27, 2016 — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management technology and solutions for the Industrial Internet of Things, has received additional orders totaling $500,000 for its PowerFleet® Vehicle Management System from a leading global auto manufacturer.  The new systems will be installed in one of the company’s new facilities in the U.S. The orders continue the planned rollout of PowerFleet in the customer’s manufacturing

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