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I.D. Systems to Present at Investor Conferences Held by The Benchmark Company and Cowen and Company

Hackensack, NJ, May 5, 2010—I.D. Systems, Inc. (Nasdaq: IDSY), a leading provider of wireless asset tracking and management solutions, today announced that it will be presenting at two upcoming investor conferences:

  • The Benchmark Company’s One-on-One Investor Conference, Thursday, May 13, 2010, at the Pfister Hotel in Milwaukee, Wisconsin. For more information on this conference, please visit: www.benchmarkcap.com/conference.
  • Cowen & Company’s 38th Annual Technology, Media & Telecom Conference, Wednesday, June 2, 2010, at 9:30 AM, at The New York Palace Hotel in New York City, located at 50th Street and Madison Avenue. For more information on this conference, please visit: www.cowen.com/UpcomingConferences.html.

About I.D. Systems:
Based in Hackensack, New Jersey, with subsidiaries in Germany and the United Kingdom, 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.

About The Benchmark Company, LLC:
Headquartered in New York with 11 offices across the country, The Benchmark Company, LLC is an institutional brokerage firm that provides Research, Sales, Trading and Investment Banking services to public companies and their investors. Benchmark provides comprehensive equity research coverage, and many of the companies covered by Benchmark will be presenting at the One-on-One Investor Conference.

“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 2009 financial results and prospects for additional customers and revenues. Forward-looking statements include statements with respect to the Company’s 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 the Company’s control, and which may cause the Company’s 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 risks 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, and expressly disclaims any obligation to do so.

Contacts:  
In the U.S. Additional Contacts
Greg Smith Investor
Vice President Marketing Press
gsmith@id-systems.com General Information
+1 (201) 996-9000