WOODCLIFF LAKE, N.J., Jan. 30, 2020 (GLOBE NEWSWIRE) — Powerfleet, Inc. (NASDAQ: AIOT), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets, has been engaged by All Truck to upgrade its entire fleet of 1,500+ trailers from existing 3G devices to Powerfleet 5G-compatible LTE LV-100 devices.

Specializing in local and regional truckload transportation solutions throughout the Midwest, All Truck selected Powerfleet’s services to help streamline operations and generate increased visibility across its fleet, as the business continues to expand services across the United States. Upgrading the All Truck fleet to LTE LV-100 devices is a critical business initiative enabling All Truck to understand fleet and asset activity in real time so it can quickly manage and respond to customer capacity demand.

“Next generation technology such as the Powerfleet LTE LV-100 devices will be crucial to our expansion across the U.S.,” explained All Truck president, Nino Alagna. “An overhaul of our entire fleet would normally be a massive undertaking, but Powerfleet’s proven technology is flexible and easily integrates to our transportation management software, taking the headache out of the upgrade process.”

Founded in 1978, All Truck built a notable presence in the transportation industry, quickly growing to a 385-truck operation with a 1500+ fleet of trailers. Achieving an annual growth rate of 15%, the company continues to achieve success across the market by providing clients with exceptional care using cutting-edge technology and advancements in the industry.

“Market-leading customer service requires visionary and high-quality solutions, and we understand the pressure that this puts on our customers to adapt, upgrade and scale with the evolving market,” said Powerfleet CEO, Chris Wolfe. “We’re pleased to partner with All Truck to help them get a jump on the upcoming 3G sunset and we look forward to continuing our successful relationship with All Truck to generate value for both the company and their customers.”

About Powerfleet®

Powerfleet® Inc. (NASDAQ: AIOT; TASE: PWFL) is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. Powerfleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands Powerfleet, Pointer, and Cellocator. For more information, please visit idsy2019.wpengine.com, the content of which does not form a part of this press release.

Streamlined ELD Complaint System Improves Visibility and Operational Agility

I.D. Systems, Inc., a leading provider of enterprise asset management and Industrial Internet of Things (IoT) technology, has deployed upgraded in-cab technology for the entire fleet of Samuel Coraluzzo & Torrissi Transport, a recognized industry leader in hauling oil across the U.S. east coast.

Integrating their latest Powerfleet technology offering, the LV9000 asset-tracking solution, into the Samuel Coraluzzo & Torrissi Transport operating system has delivered a 360-degree, “real time” view of their business that improves employee productivity and helps deepened customer satisfaction by reducing problems and enables taking proactive measures before problems occur.

The I.D. Systems Powerfleet ELD compliant system is a robust, technically-advanced in-cab installation that is specifically designed to manage logistics and transportation fleets. I.D. Systems has been working with Samuel Coraluzzo & Torrissi Transport since 2007 to accelerate the transformation of its logistics information architecture in support of the company’s business objectives: increased visibility, reduced material handling costs and improved overall operational agility.

“We were excited that we didn’t need to upgrade our entire operating system in order to uncover an unprecedented level of ‘always-on’ transparency,” explained Samuel Coraluzzo & Torrissi Transport President, Robert Penza. “I.D. Systems worked with us to integrate their top-of-the-line Powerfleet LV9000 into our existing platform in a way that expedites the mandated reporting we share with our customers.”

Norm Thomas, General Manager of Powerfleet for Logistics, commented: “There was really no need to replace Samuel Coraluzzo & Torrissi Transport’s existing technology architecture. Whenever we can partner with our customers and bring them a proven and tested custom-integrated solution, it’s truly a win for all involved. Helping our customers achieve increased accountability, operational efficiencies and save money.”

About I.D. Systems

Headquartered in Woodcliff Lake, New Jersey, with subsidiaries in Florida, Texas, Germany, and the United Kingdom, I.D. Systems provides its suite of Powerfleet wireless IoT solutions around the globe for securing, controlling, tracking, and managing high-value enterprise assets such as industrial vehicles, rental cars, 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. I.D. Systems will be rebranded as Powerfleet (Nasdaq: PWFL) following the close of its acquisition of Pointer Telocation. For more information, please visit idsy2019.wpengine.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of federal securities laws. Forward-looking statements include statements with respect to I.D. Systems’ beliefs, plans, goals, objectives, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond I.D. Systems’ control, and which may cause its actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. For example, forward-looking statements include statements regarding: prospects for additional customers; potential contract values; market forecasts; projections of earnings, revenues, synergies, accretion or other financial information; emerging new products; and plans, strategies and objectives of management for future operations, including growing revenue, controlling operating costs, increasing production volumes, and expanding business with core customers. The risks and uncertainties referred to above include, but are not limited to, future economic and business conditions, the loss of key customers or reduction in the purchase of products by any such customers, the failure of the market for I.D. Systems’ products to continue to develop, the possibility that I.D. Systems may not be able to integrate successfully the business, operations and employees of acquired businesses, the inability to protect I.D. Systems’ intellectual property, the inability to manage growth, the effects of competition from a variety of local, regional, national and other providers of wireless solutions, and other risks detailed from time to time in I.D. Systems’ filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2018. These risks could cause actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, I.D. Systems. Unless otherwise required by applicable law, I.D. Systems assumes no obligation to update the information contained in this press release, and expressly disclaims any obligation to do so, whether a result of new information, future events, or otherwise.

Refrigerated and In-Cab ELD Compliance a Key to Transporting Perishable Products Safely

WOODCLIFF LAKE, N.J., March 04, 2019 (GLOBE NEWSWIRE) — I.D. Systems, Inc. (NASDAQ:IDSY), a leading provider of enterprise asset management and industrial Internet of Things technology (IoT), today announced an agreement with Robert Heath Trucking for the deployment and installation of the Powerfleet for Logistics refrigerated and ELD compliant solutions.  Founded in 1939, Robert Heath Trucking is a leading middle market refrigerated trucking operation transporting highly sensitive food products throughout the central and western half of the United States.

“Having a great customer like Robert Heath deploy both our refrigerated trailer systems and our in-cab units with ELD is a testament to the value of our recent CarrierWeb acquisition,” said Norm Thomas, VP and GM of I.D. Systems’ Logistics Visibility group. “Robert Heath is known in the industry for their excellent customer service and efficient operations and we are proud to help them be successful,” Norm added.

The I.D. Systems ELD compliant solution is in-cab and powered by the LV9000 hardware device, which is an on-board solution that enables two-way communication with the driver and customized driver workflow.  The Powerfleet telematics solution automatically appends pertinent dispatch data from the customer’s workflow to the driver’s logs, which in turn reduces redundant driver input and helps eliminate possible log violations for inaccurate data.

The Powerfleetin-cab system also provides real-time positions with minute-by-minute reporting and real-time engine performance information such as speed, MPG, idle time, and fault codes.  This performance data can be used to benchmark driver performance and behavior and/or truck performance.  Additionally, the solution also supports ALK PC Miler truck-specific navigation, which then ties to the fleet’s dispatch information to automatically capture the address of the next stop – thus eliminating the need for drivers to enter data manually.

“Our motto has always been “America’s Best” and that is a promise to our customers on each and every load we haul. Our drivers are the key to making sure we follow through on that promise by maintaining our on-time service rating of greater than 98% and we’ve chosen Powerfleet for Logisticsto support our drivers in executing at that service level for our customers,” said Brent Shankle, Chief Operating Officer of Robert Heath.

The Powerfleet refrigerated solution is fully integrated with Carrier® Transicold® and Thermo King® microprocessors, and provides full, over the air reefer monitoring of temperature, alarms, operational status and changes.  In addition, the solution also provides GPS tracking, Two-way command and control to adjust reefer conditions as necessary from dispatch, landmarks for accurate reporting of arrival and departure times, fuel usage reporting by landmark, and dwell time reporting.

The recently acquired CarrierWeb operation is being integrated in the I.D. Systems Logistics Visibility group, becoming Powerfleet for Logistics. The complete bumper-to-bumper technologies include: in-cab with workflow, diagnostics and ELD; refrigerated trailer and container two-way management, dry van and intermodal container tracking technologies. In addition, there is a complete line of sensors for monitoring the status of both assets and cargo, as well as their new deep learning voice interface Lucy® application to help improve real-time decision making.

Learn more about the latest I.D. systems solutions at www.logisticsvisibility.com.

About I.D. Systems

Headquartered in Woodcliff Lake, New Jersey, with subsidiaries in Florida, 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 such as industrial vehicles, rental cars, 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 idsy2019.wpengine.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of federal securities laws. Forward-looking statements include statements with respect to I.D. Systems’ beliefs, plans, goals, objectives, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond I.D. Systems’ control, and which may cause its actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. For example, forward-looking statements include statements regarding: prospects for additional customers; potential contract values; market forecasts; projections of earnings, revenues, synergies, accretion or other financial information; emerging new products; and plans, strategies and objectives of management for future operations, including growing revenue, controlling operating costs, increasing production volumes, and expanding business with core customers. The risks and uncertainties referred to above include, but are not limited to, future economic and business conditions, the loss of key customers or reduction in the purchase of products by any such customers, the failure of the market for I.D. Systems’ products to continue to develop, the possibility that I.D. Systems may not be able to integrate successfully the business, operations and employees of acquired businesses, the inability to protect I.D. Systems’ intellectual property, the inability to manage growth, the effects of competition from a variety of local, regional, national and other providers of wireless solutions, and other risks detailed from time to time in I.D. Systems’ filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2016. These risks could cause actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, I.D. Systems. Unless otherwise required by applicable law, I.D. Systems assumes no obligation to update the information contained in this press release, and expressly disclaims any obligation to do so, whether a result of new information, future events, or otherwise.

I.D. Systems Contact

Ned Mavrommatis, CFO
ned@id-systems.com
(201) 996-9000

Investor Contact

Matt Glover
Liolios
IDSY@liolios.com
(949) 574-3860

Media Contact

Michael H. Hardman
Hardman Group, Inc.
mike@hardmangrp.com
330-285-4141

Company Positioned as Turnkey Logistics IoT Technology Provider

This was originally published at TransportTopics on October 29, 2018 by Seth Clevenger

The I.D. Systems booth at MCE. (John Sommers II for Transport Topics)

AUSTIN, Texas — I.D. Systems has introduced a new line of trailer-tracking and cargo-monitoring products designed to give fleets more insights about their shipments and also demonstrated a voice-activated reporting interface to help them better utilize that data.

The technology vendor showcased this “intelligent logistics” platform for the first time in the exhibit hall at American Trucking Associations’ Management Conference & Exhibition, held here Oct. 27-31.

To reflect its new product lineup, the company said it now will go to market simply as I.D. Systems, dropping its Asset Intelligence and VeriWise brands.

I.D. Systems’ new suite of telematics devices, dubbed the LV Series, for “logistics visibility,” includes three trailer-tracking device models, the LV-100, LV-300 and LV-500, which offer varying approaches to power management. Each unit connects wirelessly with I.D. Systems’ other onboard cargo sensors to provide real-time event reporting.

One of those sensors, the LV-710, incorporates a high-definition camera and an image-recognition processor to capture digital images of the freight inside the trailer. With those images, fleets can determine not only whether the trailer is loaded or unloaded, but also its level of capacity.

The LV-710 includes an integrated accelerometer and GPS tracking, and detects cargo condition through temperature, humidity, pressure and light level sensors.

Beyond that, the device can communicate wirelessly with freight tags placed on the cargo itself. These LV-740 pallet sensors can detect if and when pallets are loaded.

In an interview with Transport Topics, I.D. Systems CEO Chris Wolfe described a “connected freight” philosophy that extends beyond traditional trailer tracking.

“It’s way beyond just tracking your chassis, container or dry van,” Wolfe said. “We’re going to let you literally see your freight, really process those images and let you inbound plan for that freight.”

The additional information about cargo status can help fleets prevent mistakes such as picking up a trailer that still is partially loaded and respond to problems such as a load that has shifted, he said. “What you’re going to do is stop a lot of problems before they start.”

An MCE attendee in the I.D. Systems booth. (John Sommers II for Transport Topics)

The imaging capabilities also will bring greater clarity to cargo claims, Wolfe said. The freight camera takes a photo of the freight when the trailer door closes or opens, as well as if there’s a shock in transit.

And understanding the cargo inside can help inbound logistics planners better schedule dock workers, which also can help get drivers back on the road sooner, reducing detention time.

The new LV telematics devices are entering field trials, with a broader launch targeted for the first quarter of next year, Wolfe said.

I.D. Systems also demonstrated Lucy, its interactive voice interface, here at MCE.

Much like Apple’s Siri or Amazon’s Alexa, Lucy responds to verbal commands to access and report key information.

For example, the user can ask the status of a specific shipment, ask how many dormant trailers are sitting at a given site or ask how many loaded dry vans will arrive at a location in the next three hours.

Lucy pulls the information from a fleet’s asset and cargo database and uses the Microsoft Bing search engine for weather and traffic information.

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