This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

I.D. Systems Expands Deployments Of Wireless Vehicle Management Systems With Enterprise Customers

WOODCLIFF LAKE, N.J., Dec. 20, 2013 (GLOBE NEWSWIRE) -- I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless M2M asset management solutions, today announced that it has recently received purchase orders from multiple enterprise customers to expand their deployments of I.D. Systems' PowerFleet® wireless Vehicle Management System (VMS) for industrial truck fleets.
  • One of the world's largest consumer packaged goods companies is deploying the PowerFleet VMS at a facility in the U.K., increasing the total number of vehicles it has equipped with PowerFleet to more than 1,000 across 11 countries. The value of the U.K. site order is approximately $200,000.
  • A Fortune 100 retailer is adding PowerFleet to another U.S. distribution center, bringing to more than 20 the total number of facilities in which it has deployed PowerFleet. The order for the additional distribution center is valued at approximately $370,000.
  • A leading global tire manufacturer is implementing PowerFleet at four additional U.S. production plants. After installation, the tire maker will be managing more than 650 vehicles with PowerFleet across seven plants. The aggregate value of the four new plant orders is approximately $675,000.
  • A Fortune 500 food producer is expanding its PowerFleet deployment to a fifth U.S. distribution center. The new order, valued at approximately $115,000, brings the customer's cumulative PowerFleet deployment to more than 250 vehicles across the five sites.
  • A U.S. government organization has placed a series of purchase orders, valued at approximately $400,000, to sustain and expand its enterprise-wide deployment of the PowerFleet VMS, which encompasses more than 5,000 vehicles across more than 100 facilities.

"We are gratified that our wireless VMS technology continues to provide benefits that compel our customers to expand system deployment across their enterprises," said Jeffrey Jagid, I.D. Systems' chairman and CEO. "We believe that our PowerFleet VMS is viewed by our customers as a best practice for material handling management, to help optimize the safety, cost-effectiveness, and productivity of industrial truck fleets."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.18 1.64%
FB $117.43 -0.96%
GOOG $692.36 -0.84%
TSLA $232.32 -3.92%
YHOO $36.01 -1.42%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs