I.D. Systems Receives Order from Tyler Pipe
Share:
Wireless Solutions Company Adds New Customer for Wireless Industrial Vehicle
Management Technology Hackensack, NJ, November 1, 2006-I.D. Systems, Inc. (NASDAQ: IDSY) today announced that it has received a purchase order for its Wireless Asset Net® industrial vehicle management system from Tyler Pipe, a division of McWane, Inc., a privately-held producer of industrial products with 37 facilities worldwide.
"We are pleased to add a highly regarded manufacturer like McWane as a new customer," said Rick Muntz, I.D. Systems' executive vice president of sales, marketing and customer satisfaction. "We have a rich history of providing industrial customers with effective wireless systems for managing material handling fleets - for example, in the automotive industry - and we look forward to helping Tyler Pipe utilize our technology to increase productivity, reduce operating costs and create a safer work environment in its supply chain."
Based in Hackensack, NJ, I.D. Systems, Inc. is a leading provider of wireless solutions for managing and securing high-value enterprise assets. These assets include industrial vehicles, such as forklifts and airport ground support equipment, and rental vehicles. The company's patented Wireless Asset Net® system, which utilizes radio frequency identification, or RFID, technology, addresses the needs of organizations to control, track, monitor, and analyze their assets. For more information on I.D. Systems, visit www.id-systems.com.
McWane, Inc., based in Birmingham, AL, employs more than 7,500 people worldwide, with 37 facilities, including 26 manufacturing operations, in the United States, Canada and Australia. The company's products include iron pipes, valves, fittings, hydrants, fire safety equipment, and water works industry products. For more information on McWane, visit www.mcwane.com.
CONTACT:
For Financial Press
Ned Mavrommatis
CFO
ned@id-systems.com
General Phone: 201-996-9000
