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WOODCLIFF LAKE, N.J., March 2, 2011 (GLOBE NEWSWIRE) -- I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless asset management solutions, today announced that it will be a presenter at the ROTH Capital Partners 23rd Annual OC Growth Stock Conference taking place March 13-15, 2011, at the Ritz-Carlton in Laguna Niguel, California. The conference features presentations from more than 400 growth companies and the opportunity for investment professionals to meet one-on-one with presenters.
I.D. Systems' presentation is scheduled for March 15, 2011, from 5:30 PM to 6:00 PM, Pacific Daylight Time. The Company's CEO, Jeffrey Jagid, and CFO, Ned Mavrommatis, will discuss I.D. Systems' fiscal 2010 performance and future prospects. The presentation will be available as a live Webcast and archived for approximately 30 days following the event at www.wsw.com/webcast/roth24/idsy/.
Company management will also participate in one-on-one meetings with investors at the conference on March 15th. Interested investors should contact the conference organizers at ROTH, or I.D. Systems Investor Relations at email@example.com.
For general information about the conference, please visit www.roth.com/main/page.aspx?PageID=7237.
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, 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.
"Safe Harbor" Statement:
This press release contains forward looking statements within the meaning of federal securities laws. Forward-looking statements include statements with respect to I.D. Systems' beliefs, plans, goals, objectives, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond I.D. Systems' control, and which may cause its actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. For example, forward-looking statements include: statements regarding prospects for additional customers; market forecasts; projections of earnings, revenues, synergies, accretion or other financial information; and plans, strategies and objectives of management for future operations, including integration plans in connection with acquisitions. The risks and uncertainties referred to above include, but are not limited to, future economic and business conditions, the loss of key customers or reduction in the purchase of products by any such customers, the failure of the market for I.D. Systems' products to continue to develop, the possibility that I.D. Systems may not be able to integrate successfully the business, operations and employees of acquired businesses, the inability to protect I.D. Systems' intellectual property, the inability to manage growth, the effects of competition from a variety of local, regional, national and other providers of wireless solutions, and other risks detailed from time to time in I.D. Systems' filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2009. These risks could cause actual results to differ materially from those expressed in any forward looking statements made by, or on behalf of, I.D. Systems. I.D. Systems assumes no obligation to update the information contained in this press release, and expressly disclaims any obligation to do so, whether as a result of new information, future events or otherwise.
CONTACT: Ned Mavrommatis, Chief Financial Officer 201-996-9000 firstname.lastname@example.orgSource: I.D. Systems, Inc.
Released March 2, 2011