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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Woodcliff Lake, N.J. — December 17, 2015 — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of wireless solutions for the Industrial Internet of Things, has received an order through its strategic channel partner, Southeast Industrial Equipment Inc. (SIE), to supply its PowerFleet® wireless industrial Vehicle Management System (VMS). SIE will deploy 175 units of I.D. Systems' next-generation VMS, VAC4, at a multi-building distribution facility in Mexico for a global leader in household appliances. I.D.

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Woodcliff Lake, N.J. — November 10, 2015 — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of wireless solutions for the Industrial Internet of Things, has secured a multi-year contract with All Truck Transportation, a regional truckload transportation provider in the Midwest. All Truck Transportation will deploy 1,500 VeriWise™ Dry Van Track & Trace (GSM-D100) systems on its entire fleet of trailers. The VeriWise Track and Trace system provides real-time GPS location data—via cellular communications

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Woodcliff Lake, N.J. — October 19, 2015 — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of wireless solutions for the Industrial Internet of Things, has secured a multi-year renewal and expansion contract with Knight Transportation, Inc. (NYSE: KNX), one of North America's largest truckload carriers, to extend Knight's deployment of VeriWise® transportation asset management solutions from I.D. Systems' Asset Intelligence™ subsidiary. As part of the contract, Knight purchased I.D. Systems' new cellular-based VeriWise systems, which

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Woodcliff Lake, NJ, August 3, 2015—I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of wireless solutions for the Industrial Internet of Things, reported results for the second quarter ended June 30, 2015. Second Quarter 2015 Financial Highlights Revenue decreased 13% to $9.9 million from $11.4 million in the second quarter of 2014, primarily due to a 32% decrease in vehicle management systems (VMS) revenue as the company transitioned sales and deployments to its new VAC4

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Woodcliff Lake, NJ, July 24, 2015—I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of wireless solutions for the Industrial Internet of Things, is scheduled to participate in two financial conferences in August 2015. Kenneth Ehrman, the company's chairman and CEO, will discuss I.D. Systems' financial performance and operational developments at the following event dates and times: Piper Jaffray Technology-Enabled Industrials Symposium Date: Tuesday, August 4, 2015, at 3:45 p.m. Eastern time Where: Piper Jaffray offices

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