ID Systems Wins Patent for Automated Wireless Vehicle Rental

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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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