I.D. Systems Signs Exclusive Agreement With Avis Budget Group To Deploy Wireless Vehicle Rental Technology

I.D. Systems Receives Initial Order for 50,000 Units from Avis Budget Group for Broad Deployment of its Wireless Rental Fleet Management System. I.D. Systems’ Connected Car Technologies will Enable Avis Budget Group to Extend its Industry-Leading Avis Now Service to a Larger Portion of its Fleet

WOODCLIFF LAKE, N.J. – March 20, 2017 –  I.D. Systems, Inc. (NASDAQ:IDSY) and Avis Budget Group, Inc. (NASDAQ:CAR) have executed a purchase agreement for deployment of I.D. Systems’ proprietary wireless rental fleet management systems in Avis Budget’s vehicle rental fleet. I.D. Systems’ wireless in-vehicle management system permits two-way data communications between a vehicle and various […]

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I.D. SYSTEMS AMENDS AGREEMENT WITH AVIS BUDGET GROUP TO CONVERT LEASE FINANCING RECEIVABLE TO $5.4 MILLION IN CASH



Woodcliff Lake, NJ, December 15, 2014—I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of wireless M2M asset management solutions, has amended its Master Software License, Information Technology Services and Equipment Purchase Agreement with Avis Budget Group (NASDAQ: CAR) to convert Avis Budget’s obligation to make monthly hardware lease payments to I.D. Systems into a one-time […]

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I.D. SYSTEMS AWARDED PATENT FOR AUTOMATED WIRELESS VEHICLE RENTAL SYSTEM



Woodcliff Lake, NJ, February 6, 2013—I.D. Systems, Inc. (Nasdaq: IDSY), a leading provider of wireless solutions for securing, tracking and managing high-value enterprise assets, has been awarded United States patent number 8,370,268 for a wireless, fully automated, remotely controlled vehicle rental system. The patented system enables a renter to reserve a vehicle via the Internet […]

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