I.D. Systems Ships Over 10,000 Connected Car Devices to Avis Budget Group

Avis Budget Unified Telematics Platform (UTP) Solution from I.D. Systems Certified for 18 make/model Combinations, and Installed in over 50 Locations Currently

WOODCLIFF LAKE, N.J., April 03, 2018 (GLOBE NEWSWIRE) -- I.D. Systems, Inc. (NASDAQ:IDSY), a leading provider of enterprise asset management technology, has shipped more than 10,000 units of its Unified Telematics Platform (UTP) to Avis Budget Group for installation on its rental fleet vehicles in the U.S. Avis has certified the UTP in 18 make/model combinations, and is already using the devices in over 50 locations across the country.

“We are very pleased that Avis has now certified the use of our UTP system on numerous auto make/model combinations in their fleet,” said Lisa Hardin, vice president of Connected Vehicle Solutions for I.D. Systems. “Each combination requires mapping of unique vehicle signals, performing detailed fuel tank characterizations and then end-to-end platform testing and security validation with the total Avis solution.”

“Shipping our first 10,000 units is a significant milestone for I.D. Systems, as it proves our ability to rapidly certify new vehicles and scale production.” said Chris Wolfe, chief executive officer, I.D. Systems. “We expect to ship the remaining 40,000 units ordered predominately in second quarter with the balance in the third, depending upon Avis make/model certification requests and vehicle delivery schedules.”

Avis Budget Group has transformed the car rental experience with the Avis Car Rental mobile app that interacts with connected cars. The app allows renters to manage their entire rental experience from a smartphone. Drivers can choose the exact car they want, change or upgrade a vehicle while at or near the lot with a simple swipe, view their rental agreement, lock and unlock the car and more.

For more information visit www.id-systems.com.

About I.D. Systems
Headquartered in Woodcliff Lake, New Jersey, with subsidiaries in Texas, Florida, 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 www.id-systems.com

I.D. Systems Contacts:

Lisa Hardin
Vice President, Connected Vehicle Solutions
lhardin@id-systems.com
(201) 678-5565

Farrell Talbot Consulting for I.D Systems
Erin Farrell Talbot
erin@farrelltalbot.com
917-232-9309

Liolios Group, Inc.
Matt Glover
IDSY@liolios.com
949-574-3860

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