Hackensack, NJ, March 1, 2010-I.D. Systems, Inc. (Nasdaq: IDSY), a leading provider of wireless asset management solutions, today announced that it has received a series of follow-on purchase orders from Audi AG to expand deployment of I.D. Systems' PowerFleet(TM) Vehicle Management System on industrial trucks at Audi's flagship manufacturing plant in Ingolstadt, Germany.
Associated with this expansion, I.D. Systems will integrate Audi's existing SAP human resource management system with the PowerFleet database, so that vehicle access control parameters will be updated automatically with operator training profiles maintained in SAP.
The Audi Group, one of the world's leading manufacturers of premium cars, including the Audi and Lamborghini brands, is a unit of Volkswagen AG, Europe's largest auto maker. In 2008, Audi sold more than 1,000,000 vehicles, generating revenues of Euros 34.2 billion, with pre-tax earnings of approximately Euros 3.2 billion. In 2009, Volkswagen sold almost 6.3 million vehicles-a new record.
The follow-on orders for PowerFleet were released under a corporate blanket purchase order issued in 2009, which enables Volkswagen facilities, as well as Audi plants, to implement PowerFleet systems.
Wireless Vehicle Management Systems (VMS) help improve supply chain productivity by establishing accountability for the use of industrial trucks, such as forklifts, ensuring equipment is in the proper place at the right time, streamlining material handling work flow, and providing unique metrics on vehicle utilization. A wireless VMS also helps reduce fleet maintenance costs by automatically uploading vehicle data, reporting equipment 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 workplace safety and security by restricting vehicle access to trained, authorized operators, providing electronic vehicle inspection checklists, and sensing vehicle impacts.
"We are gratified that Audi is expanding its use of our VMS technology and interfacing PowerFleet with its SAP employee management system," said Peter Fausel, I.D. Systems' executive vice president of sales. "We believe this expansion reflects the significant value PowerFleet has for Audi in its efforts to make its material handling operations safer, more cost-effective, and more productive."
About I.D. Systems:
Based in Hackensack, New Jersey, with subsidiaries in Germany and the United Kingdom, I.D. Systems is a leading provider of wireless solutions for managing and securing high-value enterprise assets, including industrial vehicles, such as forklifts and airport ground support equipment, and rental vehicles. The Company's patented technology, which utilizes radio frequency identification, or RFID, technology, addresses the needs of organizations to control, track, monitor and analyze their assets. For more information, visit www.id-systems.com.
For Trade Press