I.D. Systems Wireless Industrial Vehicle Management Technology to be Deployed by Ford Motor Company at Plant in Southeast Asia
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Woodcliff Lake, NJ — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of wireless M2M asset management solutions, will implement its wireless Vehicle Management System (VMS) at a Ford plant in Southeast Asia. Ford currently has I.D. Systems' VMS technology deployed in plants throughout North America and Europe.
I.D. Systems' subsidiary, I.D. Systems GmbH, facilitated the order and will provide account and project management for the southeast Asian facility.
"We are gratified by our continued strong relationship with Ford, and very excited about further expanding our technology in Asia, which is the world's fastest growing market for industrial trucks," said Kenneth Ehrman, I.D. Systems chairman and CEO. "We look forward to helping Ford stay at the forefront of supply chain management with our best-practice wireless industrial vehicle management technology."
About Vehicle Management Systems
A wireless Vehicle Management System (VMS) helps improve workplace safety and security by restricting the use of industrial equipment to trained, authorized operators, and by providing electronic vehicle inspection checklists. A wireless VMS also helps reduce maintenance expenses by automatically uploading vehicle data, reporting checklist issues in real time, basing maintenance schedules on actual vehicle usage rather than calendar time, and helping determine the optimal economic time to replace equipment. In addition, the system helps improve equipment utilization and reduces the total cost of fleet ownership by ensuring equipment is in the proper place at the right time and streamlining work flow.Â
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. For more information about I.D. Systems, please visit www.id-systems.com.
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