Woodcliff Lake, NJ, January 14, 2013 — I.D. Systems, Inc. (Nasdaq: IDSY), a leading provider of wireless solutions for securing, tracking, and managing high-value enterprise assets, today announced that one of the world’s largest food companies has placed a series of purchase orders for I.D. Systems’ Powerfleet™ Vehicle Management System (VMS). The customer, which produces more than 100 consumer brands in more than 100 countries, is deploying the system initially on industrial vehicle fleets in three U.S. distribution centers.
A wireless VMS helps improve safety and security by restricting industrial vehicle access to trained, authorized operators, providing electronic safety inspection checklists, and sensing vehicle impacts. A wireless VMS also helps reduce fleet maintenance costs by automatically uploading vehicle data, reporting vehicle 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, a wireless VMS helps improve supply chain productivity by establishing accountability for the use of equipment, ensuring equipment is in the proper place at the right time, streamlining material handling work flow, and providing unique metrics on equipment utilization.
“We are very pleased that another Fortune 200 company has chosen our technology to help manage industrial trucks in its distribution operations,” said Jeffrey Jagid, I.D. Systems’ chairman and CEO. “We see wireless vehicle management as a growing best practice among world class organizations, and our Powerfleet system provides a unique range of functions to optimize material handling safety and operational efficiency.”
About I.D. Systems
Based in Woodcliff Lake, New Jersey, with subsidiaries in Germany and the United Kingdom, I.D. Systems is a leading provider of solutions for securing, controlling, tracking, and managing high-value enterprise assets, including vehicles, powered equipment, trailers, containers, baggage, and cargo. The Company’s patented technologies address the needs of organizations to monitor and analyze their assets to improve safety, security, efficiency, and productivity. For more information, visit idsy2019.wpengine.com.
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