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

Contact Info

123 Tice Boulevard

Suite 101

Woodcliff Lake, NJ 07677

United States

Phone: 201-996-9000

Fax: 201-996-9144

I.D. Systems, Inc. develops, markets, and sells wireless machine-to-machine solutions for managing and securing enterprise assets. These assets include industrial vehicles, such as forklifts and airport ground support equipment, rental vehicles, and transportation assets, such as dry van trailers, refrigerated trailers, railcars, and containers. The company’s patented systems utilize radio frequency (RF) identification (RFID), Wi-Fi, satellite or cellular communications, and sensor technology and software to address the needs of organizations to control, track, monitor, and analyze their assets. The company focuses its business activities on three primary applications, such as industrial fleet management, transportation asset management, and rental fleet management. Products and Services The company offers its customers integrated wireless solutions to control, monitor, track, and analyze their enterprise assets. Its solutions include hardware and software, as well as maintenance, support, and consulting services. Closed-Loop, Campus-Based Fleet Management Products On-Asset Hardware: With various mounting and user-interface options, the company’s on-asset hardware is designed to be installed and provide an autonomous means of asset control and monitoring. Its on-asset hardware contains an integrated computer, programmed with a product-specific application, and an advanced wireless transceiver with a communication range of approximately one-half mile; controls equipment access with various electronic interface options; is compatible with various existing facility access security systems; generates paperless electronic safety checklists through a built-in display and keypad; wirelessly and automatically uploads and downloads data to and from other system components; performs monitoring and control functions at all times, independent of RF or network connectivity; and incorporates a multi-voltage power supply designed to control electrical anomalies. Wireless Asset Managers: Majority of the company’s system deployments require approximately one fixed-position communication device, referred to as a Wireless Asset Manager, to link the mobile assets being monitored with the customer’s computer network or to a remotely hosted server. The company’s Wireless Asset Managers conduct two-way RF communications with the assets being monitored and could communicate on a local area network, on a wide area network, or through cellular communications. Each of the company’s Wireless Asset Managers incorporates an integrated computer, programmed with a product specific application, and an advanced wireless transceiver with a communication range of approximately one-half mile; accommodates an unlimited number of on-asset hardware devices; automatically uploads and downloads data to and from other system components; employs built-in self-diagnostic capabilities; and is configurable to achieve a range of asset management goals. Server Software: Each of the company’s system deployments requires approximately one installation of its server software, which automatically manages data communications between the system’s database and either the Wireless Asset Managers or on-asset hardware. Its server software is a set of Windows services; automatically processes data between its devices and system databases; actively polls Wireless Asset Managers to retrieve data on demand; passively listens to allow remote systems to initiate data communications for data download; automates event scheduling, including data downloads, database archiving, and diagnostic notifications; interfaces with certain existing external systems, including maintenance, timecard, and training systems; supports remote control/management of event processes; automatically performs diagnostics on system components; and automatically emails event alerts and customizable reports. Client Software: The company’s client software provides an user interface. The console interfaces with the system database, and not directly with the company’s communication infrastructure or on-asset hardware, which restricts access to, and limits corruption of, system information an

 

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Price/Book 1.8x
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TEV/Sales 1.3x
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