I.D. Systems Receives $850,000 in Purchase Orders from Channel Partner for Wireless VMS Deployments at Multiple End User Sites
GlobeNewswire - Mon Jan 26, 9:03AM CST
I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless M2M asset management solutions, has received a series of purchase orders from a key channel partner with an aggregate value in excess of $850,000. The orders will enable the partner to implement I.D. Systems' PowerFleet(R) wireless industrial Vehicle Management System (VMS) for two end users deploying the system for the first time and four end users expanding their existing PowerFleet deployments.
IDSY: 6.90 (-0.15)
I.D. Systems Receives M2M Evolution IoT Excellence Award for Next-Generation Wireless Vehicle Management System
GlobeNewswire - Thu Jan 22, 9:02AM CST
I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless M2M asset management solutions, has received a 2014 M2M Evolution IoT Excellence Award for its PowerFleet(R) wireless vehicle management system (VMS) for controlling, tracking and managing forklifts and other industrial trucks. PowerFleet is a machine-to-machine (M2M) "Internet of Things" (IoT) application, featuring I.D. Systems' fourth generation of on-vehicle wireless devices and industry-leading Analytics software to quantify key performance indicators (KPIs) in material handling operations.
IDSY: 6.90 (-0.15)
I.D. Systems to Present at the 17th Annual Needham Growth Conference on January 13, 2015
GlobeNewswire - Fri Jan 09, 8:00AM CST
I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless M2M asset management solutions, has been invited to present at the 17th Annual Needham Growth Conference being held January 13-15, 2015, at the New York Palace Hotel.
IDSY: 6.90 (-0.15)
I.D. Systems' Wireless Industrial Vehicle Management Technology to be Deployed by Ford Motor Company at Plant in Southeast Asia
GlobeNewswire - Mon Dec 22, 9:34AM CST
I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless M2M asset management solutions, will implement its wireless Vehicle Management System (VMS) at a Ford plant in Southeast Asia. Ford currently has I.D. Systems' VMS technology deployed in plants throughout North America and Europe.
IDSY: 6.90 (-0.15)
I.D. Systems' Asset Intelligence Division Delivers New Dry Van Trailer Tracking System to U.S. Trucking Company
GlobeNewswire - Thu Dec 18, 11:56AM CST
The Asset Intelligence subsidiary of I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless M2M asset management solutions, has executed a contract with a leading U.S. regional trucking company to deploy its newest VeriWise(TM) Dry Van cellular solution for tracking and managing fleets of trailers and their cargo. The contract encompasses 400 tracking devices with a service term of five years, which is expected to contribute to the company's recurring revenue stream commencing in the first quarter of 2015.
IDSY: 6.90 (-0.15)
I.D. Systems Receives Follow-on Contract from Nestle for Wireless Industrial Vehicle Management Technology
GlobeNewswire - Wed Dec 17, 8:35AM CST
I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless M2M asset management solutions, has executed a contract with the U.S. division of Nestle, one of the world's largest food producers, to further expand deployment of I.D. Systems' PowerFleet(TM) wireless Vehicle Management System (VMS) across Nestle's North American operations. The new contract encompasses hardware, software and a service term of five years for more than 700 vehicles across more than 20 facilities. Following implementation, I.D. Systems will have deployed PowerFleet on a cumulative total of more than 2,000 vehicles across more than 60 sites for Nestle.
IDSY: 6.90 (-0.15)
I.D. Systems Named to Food Logistics "FL100" List as a Top Technology Solution Provider to Food and Beverage Industry
GlobeNewswire - Tue Dec 16, 8:00AM CST
I.D. Systems, Inc.(Nasdaq:IDSY), a leading provider of wireless M2M asset management solutions, has been named one of the top 100 technology solutions providers to the food and beverage industry by Food Logistics, a trade publication dedicated to the global food and beverage supply chain.
IDSY: 6.90 (-0.15)
I.D. Systems Amends Agreement With Avis Budget Group to Convert Lease Financing Receivable to $5.4 Million in Cash
GlobeNewswire - Mon Dec 15, 8:04AM CST
I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless M2M asset management solutions, has amended its Master Software License, Information Technology Services and Equipment Purchase Agreement with Avis Budget Group (Nasdaq:CAR) to convert Avis Budget's obligation to make monthly hardware lease payments to I.D. Systems into a one-time payment of approximately $5.4 million in cash.
CAR: 62.30 (+1.04), IDSY: 6.90 (-0.15)
I.D. Systems: 70% Potential Upside Implied By Both Peer Value And Comparable Transaction Multiples
Mark Lin - at Seeking Alpha - Mon Dec 15, 1:34AM CST
IDSY: 6.90 (-0.15)
Nasdaq stocks posting largest percentage decreases
AP - Fri Dec 12, 5:04PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:
SOFO: 8.07 (-0.16), HCCI: 12.05 (-0.14), LINE: 12.94 (+0.40), IDSY: 6.90 (-0.15), CZR: 10.78 (+0.18), VNR: 18.09 (+0.38)
I.D. Systems to Roll Out Trailer Fleet Management System for Leading Global Furniture Manufacturer
GlobeNewswire - Thu Dec 11, 8:00AM CST
The Asset Intelligence subsidiary of I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless M2M asset management solutions, has executed a contract with one of the world's largest furniture makers to deploy its VeriWise(TM) Track and Trace trailer management system on a fleet of approximately 2,300 trailers. Financial terms were not disclosed; however, the company expects the contract to contribute to its recurring revenue stream commencing in the fourth quarter of 2014.
IDSY: 6.90 (-0.15)
I.D. Systems to be Featured at the Macquarie Mobile Investor Conference on December 16, 2014
GlobeNewswire - Tue Dec 09, 8:12AM CST
I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless M2M asset management solutions, has been invited to participate in Macquarie's fourth annual Mobile Corporate Day investor conference being held on Tuesday, December 16, 2014, at the Boston Harbor Hotel in Boston, Massachusetts. The company's management will take part in a panel discussion covering the M2M space.
IDSY: 6.90 (-0.15)
I.D. Systems signs renewal contract with Knight Transportation
M2 - Fri Nov 21, 10:21AM CST
I.D. Systems, Inc. (NASDAQ: IDSY) said it has executed a contract with Knight Transportation, Inc. (NYSE: KNX) to extend Knight's deployment of VeriWise transportation asset management solutions from I.D. Systems' Asset Intelligence subsidiary.
KNX: 32.26 (+0.88), IDSY: 6.90 (-0.15)
I.D. Systems awarded USD0.9m renewal contract from Knight Transportation
M2 - Fri Nov 21, 3:23AM CST
I.D. Systems Inc (Nasdaq:IDSY), a provider of wireless M2M asset management solutions, announced on Thursday the signing of a contract with Knight Transportation Inc (NYSE:KNX), a large truckload carrier, to extend Knight's deployment of VeriWise transportation asset management solutions from I.D. Systems subsidiary Asset Intelligence.
KNX: 32.26 (+0.88), IDSY: 6.90 (-0.15)
I.D. Systems Receives Renewal Contract From Knight Transportation for Trailer Fleet Management Solutions
GlobeNewswire - Thu Nov 20, 9:11AM CST
I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless M2M asset management solutions, has executed a contract with Knight Transportation, Inc. (NYSE:KNX), one of North America's largest truckload carriers, to extend Knight's deployment of VeriWise(TM) transportation asset management solutions from I.D. Systems' Asset Intelligence subsidiary. The renewal contract, which has a term of one year, is valued at more than $900,000.
KNX: 32.26 (+0.88), IDSY: 6.90 (-0.15)
I.D. Systems Receives Three-Year Contract Extension With a Potential Value of Up to $14 Million From Walmart for Transportation Asset Management Systems
GlobeNewswire - Tue Nov 18, 8:00AM CST
I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless M2M asset management solutions, has executed a three-year extension of its contract with Walmart Stores, Inc. (NYSE:WMT) to provide VeriWise(TM) trailer tracking and management services for Walmart's fleet of cargo trailers. The contract extension, which runs through October, 2017, has a maximum aggregate value of approximately $14 million.
WMT: 85.81 (-0.08), IDSY: 6.90 (-0.15)
I.D. Systems Ranked One of North America's Fastest Growing Technology Companies on Deloitte's Technology Fast 500(TM) List
GlobeNewswire - Thu Nov 13, 8:00AM CST
I.D. Systems, Inc. (Nasdaq:IDSY) a leading provider of wireless M2M asset management solutions, has been ranked 308 on Deloitte's Technology Fast 500(TM) list, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. The ranking was based on I.D. Systems' 287% revenue growth from 2009 to 2013. This is the fourth time I.D. Systems has been named to the Fast 500(TM) list.
IDSY: 6.90 (-0.15)
I.D. Systems' (IDSY) CEO Kenneth Ehrman on Q3 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Thu Nov 06, 10:02PM CST
IDSY: 6.90 (-0.15)