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I.D. Systems CEO Discusses Q3 2010 Results - Earnings Call Transcript

I.D. Systems, Inc. ( IDSY)

Q3 2010 Earnings Call Transcript

November 4, 2010 4:45 pm ET

Executives

Jeffrey Jagid – Chairman & CEO

Ned Mavrommatis – CFO & Treasurer

Darryl Miller – COO

Ken Ehrman – President

Analysts

Morris Ajzenman – Griffin Securities

Matthew Hoffman – Cowen and Company

Kenneth Traub – Ethos Management

Walter Schenker – MAZ Partners

Presentation

Operator

Good day, ladies and gentlemen, and welcome to the I.D. Systems third quarter 2010 conference call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time.

As a reminder, this conference is being recorded. I would like to introduce your host for today, Mr. Jeffery Jagid. Sir, please go ahead.

Jeffrey Jagid

Thank you. Welcome to I.D. Systems fiscal 2010 third quarter conference all. Thank you for joining us today. I’m Jeffrey Jagid, the Chairman and CEO of I.D. Systems. With me are Ned Mavrommatis, our CFO; Darryl Miller, our Chief Operating Officer; and Ken Ehrman, the President of I.D. Systems.

I will provide a brief overview of the quarter. Ned will detail our financials. Darryl will update you on our Asset Intelligence and I.D. Systems’ overall operations, and Ken will review sales and technology highlights of the quarter. We will then open the call to your questions.

Before we begin, let me reiterate the Safe Harbor statement under the Private Securities Litigation Reform Act of 1995. The following discussion contains forward-looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products, product demand and market acceptance risks, fluctuations in operating results and other risks detailed from time-to-time in I.D. Systems’ filings with the Securities and Exchange Commission. These risks could cause the Company’s actual results for the current fiscal year and beyond to differ materially from those expressed in any forward-looking statements made by or on behalf of the Company.

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