News & Press Releases

I.D. Systems Receives Purchase Order from a Leading Global Online Retailer

WOODCLIFF LAKE, N.J., Aug. 10, 2017  — I.D. Systems, Inc. (NASDAQ:IDSY), a leading provider of enterprise asset management technology and solutions for the Industrial Internet of Things, has received an initial purchase order valued at $650,000  for one of the world’s largest online retailers for its PowerFleet® Vehicle Management System. I.D. Systems’ technology will be installed at three of the […]

I.D. Systems Reports Second Quarter 2017 Results

Revenue Up 20% Year-Over-Year to $10.7 Million, Driving Non-GAAP Profitability   Woodcliff Lake, NJ — August 3, 2017 — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management technology and solutions for the Industrial Internet of Things, reported results for the second quarter ended June 30, 2017. Management Commentary “We are encouraged […]

I.D. Systems Completes Keytroller Acquisition, Strengthening Market Position and Fueling Growth Potential

WOODCLIFF LAKE, N.J., Aug. 01, 2017 — I.D. Systems, Inc. (NASDAQ:IDSY), a leading provider of mobile asset management technology and solutions for the Industrial Internet of Things, has completed its acquisition of Keytroller, LLC, a manufacturer and marketer of electronic products for managing forklifts, construction vehicles, and other industrial equipment. Combined, the companies have installed hundreds of thousands […]

I.D. Systems Prices $15.0 Million Underwritten Public Offering

Woodcliff Lake, NJ — July 12, 2017 — I.D. Systems, Inc. (NASDAQ: IDSY) (“I.D. Systems” or the “Company”) today announced the pricing of a $15.0 million underwritten public offering consisting of 2,608,695 shares of common stock at a price per share of $5.75. The Company has granted the underwriters a 30-day option to acquire up to 391,304 […]

I.D. Systems to Acquire Keytroller, Strengthening Its Position in Industrial Truck Management Market and Overall Growth Outlook

Woodcliff Lake, NJ — July 11, 2017 — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of mobile asset management technology and solutions for the Industrial Internet of Things, has entered into a definitive agreement to acquire substantially all of the assets of Keytroller, LLC, a manufacturer and marketer of a wide range of electronic […]

I.D. Systems Announces Proposed Underwritten Public Offering

Woodcliff Lake, NJ — July 11, 2017 — I.D. Systems, Inc. (NASDAQ: IDSY) (“I.D. Systems” or the “Company”) today announced that it intends to offer shares of its common stock in an underwritten public offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be […]

Top Global Auto Manufacturer Expands Deployment of I.D. Systems Industry-Leading PowerFleet Solution

Woodcliff Lake, NJ — June 15, 2017 — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management technology and solutions for the Industrial Internet of Things, has received $2.4 million in follow-on orders from a leading global auto maker to expand its PowerFleet® Vehicle Management System at four of the company’s manufacturing […]

I.D. Systems Introduces Vision Pro™ Next-Generation Fleet Management Software for Industrial Vehicles

Woodcliff Lake, NJ, April 3, 2017—I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise fleet management solutions for industrial trucks and material handling equipment, has launched its latest generation of user software, Vision Pro™. The new software platform is a complete re-design of I.D. Systems’ previous generation of user software, Vision®. The release of […]

I.D. Systems Releases 2nd Generation Analytics Software Platform – PowerFleet IQ® 2.0

Woodcliff Lake, N.J. — March 29, 2017 — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise fleet management solutions for fleets of industrial trucks and material handling equipment, has released PowerFleet IQ® 2.0, the enhanced 2nd generation version of its PowerFleet IQ® Analytics software. Since its commercial release in January 2016, PowerFleet IQ […]

Michael Foods, Inc. Chooses PowerFleet® VMS from I.D. Systems to Increase Material Handling Safety

Woodcliff Lake, N.J. — April 2, 2016 —I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management technology and solutions for the Industrial Internet of Things, has signed a corporate agreement with Michael Foods, a leading food processor and distributor to outfit its fleet of 150 industrial trucks with the PowerFleet® Vehicle Management […]