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I.D. Systems to Present at Craig-Hallum 2nd Annual
Alpha Select Conference on October 6, 2011
Woodcliff Lake, N.J., September 27, 2011—I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of wireless solutions for tracking, securing and managing high-value enterprise assets, has been invited to present at Craig-Hallum’s 2nd Annual Alpha Select Conference. The conference will be held at the Roosevelt Hotel in New York City on October 6, 2011.
I.D. Systems CEO Jeffrey Jagid and CFO Ned Mavrommatis are scheduled to present on October 6, 2011 at 10:40 a.m. Eastern time, followed by one-on-one meetings the remainder of the day. I.D. Systems management will discuss the company’s recent financial and operational performance, including its partnership with Avis Budget Group to deploy a new generation of wireless vehicle rental technology and recent purchase orders for the company’s wireless vehicle management systems from a leading global provider of material handling solutions in North America.
Management’s presentation will be webcast live via www.wsw.com/webcast/ch/idsy and available for replay following the conference in the investor relations section of I.D. Systems’ Web site at www.id-systems.com.
For more information about the conference or to schedule a one-on-one meeting with I.D. Systems management, please contact your Craig-Hallum representative.
About Craig-Hallum
Craig-Hallum was founded in 1997 and is owned and operated by experienced professionals who have significant knowledge and expertise in each of the company’s lines of business. The firm's professionals are committed to excellence and the success of its corporate and institutional clients, and understand that bringing value to their clients is critical to Craig-Hallum’s success. Craig-Hallum’s principal activities include research, institutional sales & trading, and investment banking. For more information, visit www.craighallum.com.
About I.D. Systems
Based in Woodcliff Lake, New Jersey, with subsidiaries in Germany and the United Kingdom, I.D. Systems is a leading provider of wireless solutions for securing, controlling, tracking, and managing high-value enterprise assets, including vehicles, powered equipment, trailers, containers, and cargo. The Company’s patented technologies address the needs of organizations to monitor and analyze their assets to improve safety, security, efficiency, and productivity. For more information, please visit www.id-systems.com.
Safe Harbor Statement
This press release contains forward looking statements within the meaning of federal securities laws. Forward-looking statements include statements with respect to I.D. Systems’ beliefs, plans, goals, objectives, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond I.D. Systems’ control, and which may cause its 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. For example, forward-looking statements include: statements regarding prospects for additional customers; market forecasts; projections of earnings, revenues, synergies, accretion or other financial information; and plans, strategies and objectives of management for future operations, including integration plans in connection with acquisitions. The risks and uncertainties referred to above include, but are not limited to, future economic and business conditions, the loss of key customers or reduction in the purchase of products by any such customers, the failure of the market for I.D. Systems’ products to continue to develop, the inability to protect I.D. Systems’ intellectual property, the inability to manage growth, the effects of competition from a variety of local, regional, national and other providers of wireless solutions, and other risks detailed from time to time in I.D. Systems’ filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2010. These risks could cause actual results to differ materially from those expressed in any forward looking statements made by, or on behalf of, I.D. Systems. I.D. Systems assumes no obligation to update the information contained in this press release.
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