I.D. Systems Receives PO from Global Online Retailer

I.D. Systems has received an initial purchase order, valued at $650,000, from one of the world’s largest online retailers. Under the PO, I.D. Systems PowerFleet® forklift fleet management system will be installed at three of the online retailer’s distribution centers in Germany, Italy and France. Read more

I.D. Systems Reports Q2 Results—Revenue Up 20%, Driving Non-GAAP Profitability

In the period ending June 30, 2017, the company achieved its highest quarterly revenue in two years and a non-GAAP profit. The gain was driven primarily by increased sales of industrial truck management systems and initial revenue from a multi-year agreement with Avis Budget Group. To fuel continued organic growth in its industrial truck management business, the company also acquired Keytroller in Q2. Read more