I.D. Systems Awarded Orders from U.S.P.S. for Wireless Vehicle Management Systems

HACKENSACK, N.J. - I.D. Systems, Inc., a leading provider of RFID-based wireless asset tracking and management solutions, today announced that it has received new orders from the U.S. Postal Service (USPS) to deploy the company's Wireless Asset Net(TM) powered industrial vehicle management system at five additional USPS facilities. The new orders follow initial system deployments at eight USPS facilities earlier this year, including one facility that performed a successful extensive field evaluation of system performance. 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.

The five new facility orders are valued at approximately $1.6 million.

"We are very excited about our initial success in providing the comprehensive wireless solution required by the U.S. Postal Service to manage its large fleet of powered industrial vehicles," said Rick Muntz, I.D. Systems' executive vice president of sales, marketing and customer satisfaction. "These new orders represent the first of many more facilities that can take advantage of our national contract with the USPS in the months and years ahead. We look forward to helping the USPS continue to reap significant operational and financial rewards through this wireless powered industrial vehicle fleet management initiative."

The Wireless Asset Net consists of intelligent wireless devices 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, 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.