Last $4.99 USD
Change Today -0.22 / -4.22%
Volume 25.0K
IDSY On Other Exchanges
As of 8:10 PM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

id systems inc (IDSY) Snapshot

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52 Week High
09/10/13 - $6.84
52 Week Low
05/22/14 - $3.88
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id systems inc (IDSY) Details

I.D. Systems, Inc. develops, markets, and sells wireless solutions for managing and securing industrial vehicles, transportation assets, and rental vehicles. The company offers integrated wireless solutions that utilize radio frequency identification, Wi-Fi, satellite or cellular communications, and sensor technologies to control, track, monitor, and analyze enterprise assets. It provides closed-loop systems for managing campus-based assets; mobile systems for managing remote over-the-road assets; and hardware and software, as well as maintenance, support, and consulting services. The company’s campus-based fleet management products comprise on-asset hardware with mounting and user-interface options that provide an autonomous means of asset control and monitoring; wireless asset managers that link the mobile assets being monitored with the customer’s computer network or to a remotely hosted server; server software, which manages data communications between the system’s database and wireless asset managers or on-asset hardware; and client software that restricts access to and limits corruption of system information, and minimizes network bandwidth usage. Its remote asset management products include on-asset hardware configurations to address remote asset types, such as dry van trailers, refrigerated trailers, domestic containers, and railcars; VeriWise Intelligence Portal, a hosted Website that provides Internet access to client asset information; and a direct data feed through XML or Web services. The company markets and sells its solutions directly, as well as through original equipment manufacturers and industrial equipment dealers to commercial and government sector customers in automotive manufacturing, retail, shipping, freight transportation, heavy industry, wholesale distribution, aerospace and defense, homeland security, and vehicle rental markets. I.D. Systems, Inc. was founded in 1993 and is headquartered in Woodcliff Lake, New Jersey.

104 Employees
Last Reported Date: 03/28/14
Founded in 1993

id systems inc (IDSY) Top Compensated Officers

Co-Founder, Chairman, Chief Executive Officer...
Total Annual Compensation: $267.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $267.0K
Chief Technology Officer
Total Annual Compensation: $267.0K
Compensation as of Fiscal Year 2013.

id systems inc (IDSY) Key Developments

I.D. Systems, Inc. Appoints Norman L. Ellis as Chief Operating Officer

I.D. Systems Inc. announced that Norman L. Ellis has been appointed to serve as the Chief Operating Officer, effective as of July 21, 2014. Prior to joining ID Systems Inc., from November 2013 until June 2014, Mr. Ellis served as Vice President Sales, Services and Marketing for Omnitracs Inc. From 2008 until November 2013, Mr. Ellis served as Vice President Sales, Services and Marketing for Qualcomm.

I.D. Systems Receives Purchase Order from Global Auto Maker for Wireless Industrial Vehicle Management System

I.D. Systems Inc. has received a purchase order from one of the automotive manufacturers to deploy its PowerFleet wireless Vehicle Management System (VMS) on a fleet of more than 250 industrial trucks, as part of a trial evaluation being conducted by the customer.

I.D. Systems, Inc. Receives Series of Purchase Orders

I.D. Systems Inc. received a series of purchase orders, valued at more than $800,000, to deploy its PowerFleet(R) wireless Vehicle Management System (VMS) on fleets of lift trucks at multiple distribution centers of a Fortune 100 company. Following implementation, I.D. Systems will have deployed its wireless VMS technology in approximately 30 of the end user's facilities. The orders were generated by one of I.D. Systems' channel partners.


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Price/Sales 1.5x
Price/Book 1.8x
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TEV/Sales 1.3x

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