NEWS


I.D. Systems Ships Over 10,000 Connected Car Devices to Avis Budget Group

WOODCLIFF LAKE, N.J., April 03, 2018 (GLOBE NEWSWIRE) — I.D. Systems, Inc. (NASDAQ:IDSY), a leading provider of enterprise asset management technology, has shipped more than 10,000 units of its Unified Telematics Platform (UTP) to Avis Budget Group for installation on its rental fleet vehicles in the U.S. Avis has certified the UTP in 18 make/model combinations, and is already using the […]

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Avis Budget Group Drives Forward Connected Car Innovation with I.D. Systems Technology

WOODCLIFF LAKE, N.J., Feb. 12, 2018 (GLOBE NEWSWIRE) — I.D. Systems, Inc. (NASDAQ:IDSY), a leading provider of enterprise asset management technology, announced today that Avis Budget Group has begun installing its Unified Telematics Platform (UTP) on vehicles in the Avis Car Rental fleet in the United States. Avis Budget Group will install a total of 50,000 UTP units, which effectively convert these vehicles into […]

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I.D. Systems Receives Order from a Top-3 Automotive Manufacturer to Maximize Safety and Efficiency in Their Operations

New 2018 orders for I.D. Systems’ PowerFleet® industrial vehicle management solution to control, track, and maintain forklifts in multiple manufacturing operations in U.S. WOODCLIFF LAKE, N.J., January 31, 2018 — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management technology announced today that it has reached an agreement with several divisions of one of the […]

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I.D. Systems Selected by Toyota Service Parts and Accessories Operations for Industrial Vehicle Management for 11 Parts Distribution Centers in U.S.

WOODCLIFF LAKE, N.J., Nov. 08, 2017 (GLOBE NEWSWIRE) — I.D. Systems, Inc. (NASDAQ:IDSY), a leading provider of enterprise asset management technology, announced today that Toyota Motor North America Service Parts and Accessories Operations (Toyota) group has agreed to purchase its PowerFleet® industrial vehicle management solution for 11 parts distribution centers throughout the U.S. Initial DC deployment plans have been finalized […]

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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 […]

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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 […]

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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 […]

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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 […]

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