Asset Tracking System manages trailers and containers.

Press Release Summary:



Providing real-time information, VeriWise(TM) Track & Trace helps optimize utilization, efficiency, and cargo security of trailer and container fleets. System can be installed on dry vans, flatbed trailers, intermodal containers, chassis, and storage containers. For temporary installations, magnetic mount option is available, which enables movement between assets.



Original Press Release:



Asset Intelligence Launches VeriWise(TM) Track & Trace for Affordable Trailer and Container Management



Plano, TX, - Asset Intelligence, a leading provider of supply chain asset tracking solutions and a subsidiary of I.D. Systems, Inc. (Nasdaq: IDSY), today announced the launch of a new product: VeriWise(TM) Track & Trace, a low-cost trailer and container tracking system that provides real-time information to improve the utilization, efficiency, and cargo security of trailer and container fleets.

VeriWise(TM) Track & Trace is designed for quick, flexible installation on a wide range of cargo-carrying assets; the system can be installed on dry vans, flatbed trailers, intermodal containers, chassis, and storage containers. A magnetic mount option is available for temporary installations, which enables easy movement between assets. VeriWise(TM) Track & Trace is also designed for years of maintenance-free operation, with patented power management technology to provide exceptionally long battery life.

"VeriWise(TM) Track & Trace is an affordable, effective, easy-to-deploy solution that can quickly drive out cost and inefficiency from trailer and container fleet operations, as well as increase the security of those assets," said Darryl Miller, Chief Operating Officer of I.D. Systems. "The introduction of our Track & Trace system enables organizations with basic trailer and container tracking needs to proactively improve fleet management. VeriWise(TM) Track & Trace also expands the range of products provided by Asset Intelligence and I.D. Systems, which further strengthens our position as one of the world's preeminent provider of supply chain asset management solutions."

About I.D. Systems and Asset Intelligence

Based in Hackensack, 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 www.id-systems.com.

Asset Intelligence, a subsidiary of I.D. Systems based in Plano, Texas, is a leading provider of trailer and container tracking solutions for manufacturers, retailers, shippers and freight transportation providers. It offers a full range of solutions to improve safety, security and productivity throughout global supply chains.

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