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I.D. Systems, Inc.
IDSY, a leading provider of wireless solutions for securing, tracking
and managing high-value enterprise assets, has been awarded United States
patent number 8,370,268 for a wireless, fully automated, remotely controlled
vehicle rental system.
The patented system enables a renter to reserve a vehicle via the Internet or
a Smartphone, confirm a specific vehicle's availability in real time by means
of a wireless device inside the vehicle, automatically unlock the vehicle's
doors with a remote authorization signal, and return the vehicle without the
aid of any other person.
This is I.D. Systems' second patent award pertaining specifically to wireless
rental car management. The company's first patent application for an automated
vehicle rental system was filed in 1999, and the company currently has
multiple related patent applications pending.
I.D. Systems has deployed its rental vehicle management technology for Avis
Budget Group on approximately 30,000 vehicles in North America, as reported
in November, 2012. As part of the contract between the companies, announced in
August, 2011, Avis Budget also acquired an approximately 9% equity stake in
I.D. Systems.
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