I.D. Systems to Present at Cowen and Co. Technology Media & Telecom Conference on June 2, 2011

WOODCLIFF LAKE, N.J., May 20, 2011 (GLOBE NEWSWIRE) -- I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless asset management solutions for tracking, securing and managing high-value enterprise assets, has been invited to present at Cowen and Company's 39th Annual Technology Media & Telecom Conference. The conference will be held at The Palace Hotel in New York City on June 1-2, 2011.

I.D. Systems is scheduled to present on Thursday, June 2 at 11:45 a.m. Eastern time with one-on-one meetings held throughout the day. The company's CEO, Jeffrey Jagid, and CFO, Ned Mavrommatis, will discuss I.D. Systems' first quarter 2011 financial performance and future prospects.

The presentation will be available via webcast and archived for approximately 30 days following the event at the Investor Relations section of www.id-systems.com

For more information about the conference or to schedule a one-on-one meeting with I.D. Systems management, contact a Cowen representative.

About Cowen Group, Inc.

Cowen Group, Inc. is a leading diversified financial services firm providing alternative investment management, investment banking, research, and sales and trading services through its business units, Ramius and Cowen and Company. Its alternative investment management products include hedge funds, fund of funds, real estate funds, healthcare royalty funds, cash management and commodity trading funds, offered primarily under the Ramius name. Cowen and Company offers industry focused investment banking for growth-oriented companies, domain knowledge-driven research and a sales and trading platform for institutional investors. Founded in 1918, the firm is headquartered in New York and has offices located in major financial centers around the world. For more information, visit www.cowen.com.

About I.D. Systems, Inc.

Based in Woodcliff Lake, New Jersey, with subsidiaries in Germany and the United Kingdom, I.D. Systems (Nasdaq:IDSY) is a leading provider of solutions for securing, controlling, tracking, and managing high-value enterprise assets, including vehicles, powered equipment, trailers, containers, and cargo. I.D. Systems' 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.

CONTACT: Company
         Ned Mavrommatis
         Chief Financial Officer
         Phone: 201-996-9000
         ned@id-systems.com
         
         Investor Relations
         Liolios Group, Inc.
         Scott Liolios or Matt Glover
         Phone: 949-574-3860
         info@liolios.com

Released May 20, 2011