WOODCLIFF LAKE, N.J., Jan. 28, 2013 (GLOBE NEWSWIRE) -- I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless solutions for securing, tracking and managing high-value enterprise assets, has received a series of purchase orders valued at approximately $450,000 to deploy its PowerFleet® wireless Vehicle Management System (VMS) for one of the world's largest manufacturers of agricultural and construction equipment. The VMS will be implemented on fleets of forklifts and other industrial vehicles at two of the equipment maker's primary manufacturing facilities in the United States. The manufacturer operates approximately 40 production plants across North America, Latin America, Europe, and Asia.
"We are gratified that another world class manufacturing company is rolling out our wireless vehicle management technology for managing material handling assets," said Jeffrey Jagid, I.D. Systems' chairman and CEO. "We are pleased to help this new customer employ best practices for workplace safety and material handling efficiency."
A wireless VMS helps improve workplace safety and security by restricting vehicle access to trained, authorized operators, requiring electronic vehicle inspection checklists, and providing automated management tools relating to vehicle accidents. A wireless VMS also helps reduce fleet maintenance costs by automatically uploading vehicle data, reporting vehicle 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 material handling productivity by establishing equipment accountability, ensuring vehicles are in the proper place at the right time, and providing unique metrics on fleet utilization.
About I.D. Systems
Based in Woodcliff Lake, 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.
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