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

8/14/17

WOODCLIFF LAKE, N.J., Aug. 10, 2017 (GLOBE NEWSWIRE) -- 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 retailer’s European distribution centers in Germany, Italy and France. The customer selected PowerFleet based on its superior system performance, reporting and analytics capabilities, as well as its advanced workplace safety functions.

"We are thrilled that our PowerFleet system was selected by this major online retailer,” said Ute Filippone, ID Systems Business Manager EMEA & UK. “What makes this win even more gratifying is that it came after a tough competitive assessment, where we were able to exceed the customer’s stringent operational requirements. We will be deploying our solutions during the third quarter, and look forward to expanding our relationship in the future.”

About PowerFleet® Industrial Vehicle Management Systems (VMS)

I.D. Systems patented PowerFleet® Vehicle Management Systems (VMS) helps improve supply chain safety and productivity by establishing accountability for the use of forklifts and other industrial trucks, ensuring equipment is in the proper place at the right time, streamlining material handling work flow, and providing unique metrics on vehicle utilization. The PowerFleet® VMS also helps reduce fleet maintenance costs by automatically uploading vehicle data, reporting equipment problems electronically, scheduling maintenance according to actual vehicle usage rather than by calendar or manual data entry, and helping determine the optimal economic time to replace equipment. In addition, PowerFleet® helps improve workplace safety and security by restricting vehicle access to trained, authorized operators, providing electronic vehicle inspection checklists, and sensing vehicle impacts.

About I.D. Systems

Headquartered in Woodcliff Lake, New Jersey, with subsidiaries in Texas, Germany, and the United Kingdom, I.D. Systems is a leading global provider of wireless M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, including rental cars, industrial vehicles, trailers, containers, and cargo. The Company’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. For more information, please visit www.id-systems.com.

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