Recognizes New Logistics Visibility Product Suite for Innovation and Industry Impact
Woodcliff Lake, N.J., Feb. 14, 2019 (Globe Newswire) -- I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management and Industrial Internet of Things technology, has been named a recipient of Heavy Duty Trucking’s Top 20 Products of 2018 Award for its LV Asset and Cargo Visibility Series (LV Series), a suite of products that raises the bar in technologies targeting the logistics industry.
Each year, Heavy Duty Trucking editors attend press conferences and review an array of news releases on the latest new products for trucking that have appeared in the magazine or on the Truckinginfo.com website. At year’s end, they identify the very best of the year’s introductions for the Top 20 Products, which are chosen based on the level of innovation, ability to address significant industry issues, and potential benefit to the bottom line.
I.D. Systems’ LV Series is a line of sophisticated asset-tracking and telemetry products that offer new ways to access more than asset location and sensor data but also monitor the cargo inside the trailer or container. In addition, there’s Lucy ®, an interactive voice-user interface for accessing operational and analytical data to assist with making better decisions. The LV Series offers significant benefits that include: optimizing driver efficiency, identifying underutilized assets, reducing idle times, faster turns, and verifying trailer and cargo status before hook-up – all of which improve productivity and the driver’s quality of work-life. I.D. Systems debuted the LV series in October 2018 at the American Trucking Associations’ Management Conference and Exhibition.
“We are proud to be recognized by Heavy Duty Trucking for our team’s vision, engineering and development,” said Chris Wolfe, CEO of I.D. Systems. “This recognition attests that we our achieving our mission to deliver products that help the industry become safer, more efficient and help make a driver’s work-life easier.”
Norman Thomas, GM for I.D. Systems’ Logistics Visibility group, added: “With our recent acquisition of CarrierWeb we will be expanding our logistics visibility capabilities into the cab and onto refrigerated trailer systems – enabling Lucy ® to assist with our customer’s entire operations.”
The Top 20 Product winners will be published in the magazine’s February issue, and awards will be presented during individual ceremonies at the Technology & Maintenance Council annual meeting in Atlanta on March 18-21, 2019.
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, visit www.id-systems.com.
I.D. Systems Contacts:
Ned Mavrommatis, CFO
Mike Hardman, Hardman Group