U.S. Postal Service Awards I.D. Systems Contracts for Wireless System Upgrades, Enhancements and Support Services
WOODCLIFF LAKE, N.J., Oct. 6, 2011 (GLOBE NEWSWIRE) -- I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless asset management solutions, received a series of purchase orders from the United States Postal Service (USPS) for software upgrades and support services related to its wireless industrial vehicle management system (VMS).
Over the past six years, the USPS has deployed I.D. Systems' wireless VMS at more than 100 postal distribution facilities throughout the United States. The new contracts cover an enterprise-wide upgrade of I.D. Systems' state-of-the-art PowerFleet Vision™ software, enhancements to the system's material handling productivity optimization module, and a new generation of automated system health analytics and reporting. The software upgrade includes compatibility with all current Windows operating systems, new interactive dashboards for system users, and enriched functionality to play back and analyze industrial vehicle travel routes inside distribution facilities.
Jeffrey Jagid, I.D. Systems' chairman and chief executive officer, said, "We look forward to providing additional services and support for our installed systems, and we are proud that our wireless technology helps our customers manage their material handling operations."
About Wireless Vehicle Management Systems (VMS)
I.D. Systems' wireless VMS consists of intelligent wireless devices (Vehicle Asset Communicators®) installed on powered industrial vehicles (such as forklifts and pallet movers), a patented RF communication system, and software for access control, utilization analysis, real-time location tracking, and many other functions. The VMS helps improve industrial workplace safety and security by restricting vehicle access to trained, authorized operators and by providing electronic safety inspection checklists. The VMS helps reduce maintenance expenses by automatically uploading vehicle data, reporting vehicle problems in real time, giving management the option of scheduling maintenance according to actual vehicle usage rather than on a calendar basis, and helping plant management determine the optimal economic time to replace equipment. The VMS also helps improve productivity by ensuring equipment is in the proper place at the right time and by providing management with unique reports on vehicle 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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CONTACT: For Financial Press Ned Mavrommatis Chief Financial Officer email@example.com For Trade Press Greg Smith Vice President firstname.lastname@example.orgSource: I.D. Systems, Inc.
Released October 6, 2011