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Home » News Room » Audi To Implement Vehicle Management System
Audi to Implement Wireless Industrial Vehicle
Management Technology from I.D. Systems, Inc.
Hackensack, NJ, April 7, 2009—I.D. Systems, Inc. (Nasdaq: IDSY), a leading provider of wireless Vehicle
Management Systems (VMS), today announced that it has received a blanket purchase order from Audi AG
to provide its PowerFleet™ VMS to manage the industrial trucks Audi uses in its manufacturing operations.
The order covers a wide range of I.D. Systems’ products and services and has an open-ended duration with
volume incentives. The order specifically references two Audi sites for near-term system deployment,
including a plant in Ingolstadt, Germany, the location of Audi world headquarters.
The Audi Group, which also includes the Lamborghini brand, is one of the world’s leading manufacturers of
premium cars. Audi AG sold more than 1,003,000 cars in 2008—its 13th record year in a row. The company
achieved revenues of €34.2 billion and pre-tax earnings reached a new high of €3.2 billion in 2008.
Audi is a unit of Volkswagen AG, which recorded revenues of €113.8 billion and pre-tax earnings of €6.6
billion in 2008. The blanket purchase order also enables Volkswagen facilities to implement I.D. Systems’
PowerFleet™ VMS.
Wireless Vehicle Management Systems help improve supply chain productivity by establishing accountability
for the use of industrial trucks, such as orklifts—ensuring equipment is in the proper place at the right time,
streamlining material handling work flow, and providing unique metrics on vehicle utilization. A wireless
VMS also helps reduce fleet maintenance costs by automatically uploading vehicle data, reporting equipment
problems electronically, scheduling maintenance according to actual vehicle usage rather than by calendar or
manual data entry, and helping determine the optimal economic time to replace equipment. In addition, a
wireless VMS helps improve workplace safety and security by restricting vehicle access to trained, authorized
operators, providing electronic vehicle inspection checklists, and sensing vehicle impacts.
“We are pleased to welcome Audi to our family of world-class customers,” said Peter Fausel, I.D. Systems’
executive vice president of sales, marketing and customer service. “Audi’s order for our PowerFleet wireless
Vehicle Management System reflects our continuing efforts to expand our customer base in Europe and build
on our success in the vertical market of automotive manufacturing. We look forward to helping Audi utilize
our PowerFleet VMS to streamline its material handling operations.”
About I.D. Systems:
Based in Hackensack, New Jersey, with a European subsidiary in Düsseldorf, Germany, I.D. Systems is a
leading provider of wireless solutions for managing and securing high-value enterprise assets, including
industrial vehicles, such as forklifts and airport ground support equipment, and rental vehicles. The
company’s patented technology, which utilizes radio frequency identification, or RFID, technology, addresses
the needs of organizations to control, track, monitor and analyze their assets. For more information, visit
www.id-systems.com.
“Safe Harbor” statement:
This press release contains forward looking statements that are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995, such as the Company’s outlook for 2008 financial
results and prospects for additional customers and revenues. Forward-looking statements include statements
with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates,
intentions, and future performance, and involve known and unknown risks, uncertainties and other factors,
which may be beyond our control, and which may cause our 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. These forward-looking statements are subject to risk and uncertainties,
including, but not limited to, future economic and business conditions, the loss of any of the company’s key
customers or reduction in the purchase of its products by any such customers, the failure of the market for
the Company’s products to continue to develop, the inability to protect the Company’s intellectual property,
the inability to manage the Company’s growth, the effects of competition from a wide variety of local,
regional, national and other providers of wireless solutions and other risks detailed from time to time in the
Company’s filings with the Securities and Exchange Commission, including the Company’s annual report on
Form 10-K for the year ended December 31, 2008. These risks could cause actual results to differ materially
from those expressed in any forward looking statements made by, or on behalf of, the Company. The
Company assumes no obligation to update the information contained in this press release.
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