Fortune 200 Food Producer Expands Deployment of I.D. Systems' Wireless Vehicle Management Solutions
123 Tice Blvd.
Woodcliff Lake, NJ, 07677
Press release date: June 25, 2014
WOODCLIFF LAKE, N.J. – I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless M2M asset management solutions, has received purchase orders from one of the world's leading food producers, a current customer, to deploy its PowerFleet® wireless Vehicle Management System (VMS) on a fleet of industrial trucks at a manufacturing and distribution facility. This will be the customer's sixth site in North America to implement the PowerFleet VMS. The orders are valued at approximately $200,000.
"These follow-on orders reaffirm the significant quantitative and qualitative benefits that our PowerFleet system provides to our enterprise customers," said Kenneth Ehrman, I.D. Systems' chairman and CEO. "We see wireless management of industrial trucks as a best practice in the world's leading supply chains. Our technology helps enterprises improve control over safety practices, operational costs and productivity, to gain a competitive edge in supply chain management."
About Wireless Vehicle Management Systems
A wireless vehicle management system (VMS) helps improve workplace safety and security by restricting vehicle access to trained, authorized operators, providing electronic vehicle inspection checklists, and managing vehicle impacts. A wireless VMS helps reduce industrial 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 material handling productivity by establishing accountability for the use of equipment, ensuring equipment is in the proper place at the right time, and providing unique fleet utilization metrics.
About I.D. Systems
Headquartered in Woodcliff Lake, New Jersey, with subsidiaries in Texas, Germany, and the United Kingdom, I.D. Systems, Inc. is a leading global provider of wireless M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, including 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. PowerFleet® is a registered trademark of I.D. Systems. For more information, visit www.id-systems.com.
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