I.D. Systems Receives Follow-On Order For Wireless Industrial Vehicle Management System From Leading Global Equipment Manufacturer, Order Value ~$300K

I.D. Systems, Inc.

, a leading provider of wireless M2M asset management solutions, has received a follow-on purchase order for its PowerFleet® wireless industrial Vehicle Management System (VMS) from a leading multinational manufacturer of heavy equipment, a current customer. The order is valued at approximately $300,000. After implementation, I.D. Systems will have deployed its PowerFleet VMS in nine of the customer's facilities. This order represents the first deployment for the customer outside of the United States. "Our multinational customers continue to expand their use of our industry-leading wireless VMS technology for managing their fleets of material handling equipment," said Kenneth Ehrman, I.D. Systems' chairman and CEO. "We have no doubt that VMS is being viewed as both a best practice and a competitive advantage among companies with global supply chains. We look forward to helping this customer further expand its deployments of I.D. Systems' wireless solutions across its international operations." I.D. Systems holds more than 75 patents related to its wireless solutions and has deployed VMS systems in more than 20 countries around the world.