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      VIN Number: I.D. Systems Receives Additional Orders from U.S. Postal Service for Wireless Ve
    Posted on Thursday, July 06 @ 10:30:24 UTC by Cars
      VIN Number - VIN Numbers I.D. Systems Receives Additional Orders from U.S. Postal Service for Wireless Vehicle Management Systems

    HACKENSACK, N.J., July 5 -- I.D. Systems, Inc.
    (Nasdaq: IDSY) today announced that it has received orders from the United
    States Postal Service (USPS) to deploy the company's Wireless Asset Net(TM)
    powered industrial vehicle management system at 12 additional USPS
    facilities. These orders increase the number of USPS facilities deploying
    the Wireless Asset Net to 56. Under the terms of the USPS' three-year
    national contract with I.D. Systems, up to 460 USPS facilities can order
    the Wireless Asset Net system.

    "We continue to work very closely with the Postal Service to further
    expand their deployment of our wireless systems and help them generate
    substantial economic benefits through improved control over and analysis of
    their powered industrial vehicle operations," said Rick Muntz, I.D.
    Systems' executive vice president of sales, marketing and customer
    satisfaction. "We are proud of the mutual commitment we share with the USPS
    toward achieving these goals."

    The Wireless Asset Net consists of intelligent wireless devices
    (Vehicle Asset Communicators(R)) installed on powered industrial vehicles
    (such as fork trucks and pallet movers), a patented communication
    infrastructure, and client-server software for access control, utilization
    analysis, real-time location tracking, and many other functions. The system
    is designed to improve industrial workplace safety and security by
    restricting vehicle access to trained, authorized operators and by
    providing electronic safety inspection checklists. The system is designed
    to 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 system is also designed to help improve
    productivity by ensuring equipment is in the proper place at the right time
    and by providing management with unique reports on vehicle utilization.

    Based in Hackensack, NJ, I.D. Systems, Inc. is a leading provider of
    wireless solutions for managing and securing high-value enterprise assets.
    These assets include industrial vehicles, such as forklifts and airport
    ground support equipment, and rental vehicles. The Company's patented
    Wireless Asset Net system, which utilizes radio frequency identification,
    or RFID, technology, addresses the needs of organizations to control track,
    monitor and analyze their assets. For more information on I.D. Systems,
    Inc., visit http://www.id-systems.com.

    "Safe Harbor" Statement Under the Private Securities Litigation Reform
    Act of 1995: This press release contains forward looking statements that
    are made pursuant to the safe harbor provisions of the Private Securities
    Litigation Reform Act of 1995 and that are subject to risk and
    uncertainties, including, but not limited to, future economic and business
    conditions, the loss of any of the Company's key customers or reduction in
    the purchase of its products by any such customers, the failure of the
    market for the Company's products to continue to develop, the inability to
    protect the Company's intellectual property, the inability to manage the
    Company's growth, the effects of competition from a wide variety of local,
    regional, national and other providers of wireless solutions and other
    risks detailed from time to time in the Company's filings with the
    Securities and Exchange Commission, including the Company's annual report
    on Form 10-K for the year ended December 31, 2005. These risks could cause
    actual results to differ materially from those expressed in any forward
    looking statements made by, or on behalf of, the Company. The Company
    assumes no obligation to update the information contained in this press
    Associated Topics

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