Woodcliff Lake, N.J. — April 7, 2016 — The Asset Intelligence subsidiary of I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management technology and solutions for the Industrial Internet of Things, announces the acquisition of a new customer deploying its VERIWISE® Chassis tracking solution. The North American Chassis Pool Cooperative, known as NACPC, is partnering with Asset Intelligence to deploy its VERIWISE® Chassis fleet management solution on 270 chassis in NACPC’s fleet.

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Woodcliff Lake, N.J. — March 24, 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 $750,000 from a leading global auto manufacturer for I.D. Systems’ POWERFLEET® Industrial Vehicle Management System (VMS).  The company selected I.D. Systems as its telematics vendor of choice in 2015 after an extensive evaluation of industrial vehicle telematics solutions.  The orders are

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Woodcliff Lake, N.J. — March 10, 2016 — The Asset Intelligence subsidiary of I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management technology and solutions for the Industrial Internet of Things, announces the acquisition of a new customer deploying its VERIWISE® Intermodal Container tracking solution.  The customer, one of North America’s largest providers of intermodal transportation services, selected the VERIWISE solution following extensive evaluation and competitive analysis, citing the VERIWISE IQ™ Analytics

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Woodcliff Lake, N.J. — February 26, 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 one of North America’s largest truckload carriers for the VeriWise® Intermodal Container tracking system.  The carrier purchased 500 new units, adding to a previous large-scale purchase in 2014, and extended the service contracts from previous purchases by 3 years.  Together, the

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Woodcliff Lake, N.J. — February 17, 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 a series of purchase orders totaling $650,000 from a leading global auto manufacturing company.  The manufacturer will outfit newly purchased industrial vehicles with I.D. Systems’ PowerFleet® Vehicle Management System in manufacturing facilities throughout North America. “PowerFleet VMS is a corporate standard for this key

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Woodcliff Lake, N.J. — February 10, 2016 — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management technology and solutions for the Industrial Internet of Things, has secured a one-year warranty renewal contract with a leading global retail customer.  The contract, in excess of $850,000, will extend the warranty on both hardware and software for the customer’s Vehicle Management Systems deployed in their regional distribution centers worldwide. Kenneth Ehrman, chairman and CEO

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Woodcliff Lake, N.J. — February 8, 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 a series of additional purchase orders totaling $240,000 from a leading global consumer goods company continuing a global rollout of the I.D. Systems PowerFleet® Industrial Vehicle Management System (VMS). I.D. Systems Chairman and CEO Kenneth Ehrman stated: “These orders from one of our largest

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Woodcliff Lake, NJ, January 7, 2016—I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of wireless solutions for the Industrial Internet of Things, has launched its latest generation of supply chain asset analytics software: PowerFleet IQ™ for fleets of forklifts and other industrial trucks, and VeriWise IQ™ for fleets of containers, trailers and other transportation assets. PowerFleet IQ and VeriWise IQ provide a holistic view of asset activity across an enterprise supply chain. The systems generate

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Woodcliff Lake, N.J. — January 5, 2016 — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of wireless solutions for tracking, securing and managing high-value enterprise assets, secured $2.4 million in orders for its industry-leading PowerFleet® wireless industrial Vehicle Management System (VMS) in December 2015. The purchase orders were from a broad range of new and existing end customers. Under the terms of the collective series of contracts, I.D. Systems will deliver its latest-generation VAC4

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Woodcliff Lake, N.J. — December 23, 2015 – I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of wireless solutions for the Industrial Internet of Things, has signed a loan and security agreement for a revolving credit facility of $7.5 million, with a maturity date of December 18, 2017. “While we have no outstanding debt and a stable cash position, establishing this new credit facility is a positive and proactive measure we’ve taken to provide the

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