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Developed by the Keytroller division of I.D. Systems, the 106 offers the perfect balance of features and cost to enable 100% forklift fleet visibility in even the smallest fleets
WOODCLIFF LAKE, N.J.--(BUSINESS WIRE)-- I.D. Systems, Inc. (NASDAQ:IDSY), a leading provider of enterprise asset management technology announced today that the Keytroller division has developed a new class of industrial truck telematics platforms aimed at small to medium sized fleets in use in Manufacturing, Distribution, Logistics, and Retail centers. This same platform can also secure & track construction heavy equipment. The 106 is being introduced a LogiMat in Stuttgart, Germany today and will be commercially available, in volume, in early summer.
The new 106, offers a perfect blend of size, ease of installation, ease of use, and value. The system does not require complicated IT support, as it operates over a Bluetooth direct connection to an iPad or iPhone. Upgrades to multi-site WiFi-connected systems will be available. Now site managers at warehouse, manufacturing, distribution and retail environments can know that only certified operators are using their equipment, document that they have completed required safety checklists, and keep track of how their equipment is operated. Peace of mind at an affordable price – that’s the 106.
“The 106 marks a true leap forward to making telematics available at every fleet, regardless of size, budget, or technical sophistication,” stated Terry Wickman, President of the Keytroller division. “There are more than 10 million industrial trucks globally and the vast majority of this huge opportunity is in mid-to-small fleets. The 106 hits the opportunity in the bullseye.”
“We are excited to be working with the Keytroller team to bring such an affordable and easy to use product to the European marketplace,” added Ute Filippone, ID Systems’ EMEA Manager. “We are actively recruiting distributors in selected geographies throughout Europe.”
For more information visit http://www.keytroller.com/KEYTROLLER-106-Series.html
About I.D. Systems
Headquartered in Woodcliff Lake, New
Jersey, with subsidiaries in Texas, Germany, and the United Kingdom,
I.D. Systems is a leading global provider of wireless M2M solutions for
securing, controlling, tracking, and managing high-value enterprise
assets such as industrial vehicles, rental cars, trailers, containers,
and cargo. The Company’s patented technologies address the needs of
organizations to monitor and analyze their assets to increase efficiency
and productivity, reduce costs, and improve profitability. For more
information, please visit www.id-systems.com.
Cautionary Note Regarding Forward-Looking Statements
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;
potential contract values; market forecasts; projections of earnings,
revenues, synergies, accretion or other financial information; emerging
new products; and plans, strategies and objectives of management for
future operations, including growing revenue, controlling operating
costs, increasing production volumes, and expanding business with core
customers. 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, 2016.
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. Unless otherwise required by applicable law, I.D. Systems
assumes no obligation to update the information contained in this press
release, and expressly disclaims any obligation to do so, whether a
result of new information, future events, or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180312006195/en/
I.D. Systems
Barry Issberner, 201-678-7740
Vice President of
Marketing
bissberner@id-systems.com
or
Farrell
Talbot Consulting for I.D Systems
Erin Farrell Talbot, 917-232-9309
erin@farrelltalbot.com
or
Liolios
Group, Inc.
Matt Glover, 949-574-3860
IDSY@liolios.com
Source: I.D. Systems, Inc.
Released March 12, 2018