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WOODCLIFF LAKE, N.J., Jan. 31, 2011 (GLOBE NEWSWIRE) -- I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless asset management solutions, today announced that it has received a series of purchase orders from Walgreen Co. (NYSE:WAG) for the newest generation of I.D. Systems' PowerFleet™ wireless Vehicle Management System (VMS) and for the integration of PowerFleet into Walgreens corporate information systems.
The new PowerFleet VMS will be deployed on fleets of material handling vehicles at Walgreens distribution centers in Illinois and Wisconsin. The two sites originally implemented wireless solutions from I.D. Systems in 2005, and are the first of 12 Walgreens facilities currently using I.D. Systems' technology to upgrade to the current generation of PowerFleet.
Walgreens also contracted I.D. Systems to create a database interface between the PowerFleet system and Walgreens web-based, enterprise-wide maintenance management system. The integration is expected to automate and streamline processes for vehicle maintenance scheduling and safety compliance.
Walgreen Co. is the nation's largest drugstore chain with fiscal 2010 sales of $67.4 billion. The company operates more than 7,600 drugstores in all 50 states, the District of Columbia and Puerto Rico. For more information on Walgreens, visit www.walgreens.com.
The PowerFleet VMS helps improve workplace safety and security by restricting vehicle access to trained, authorized operators, providing electronic vehicle inspection checklists, and intelligently managing vehicle impacts. The system also helps reduce fleet maintenance costs by automatically uploading vehicle data, reporting vehicle problems electronically, scheduling maintenance according to actual vehicle usage rather than by calendar or manual data entry, and helping determine the optimal economic time to replace equipment. In addition, PowerFleet helps improve material handling productivity by establishing equipment accountability, ensuring vehicles are in the proper place at the right time, and providing unique metrics on fleet utilization.
"Walgreens is a longtime customer that has established our wireless VMS technology as a best practice," said Ken Ehrman, I.D. Systems' president. "We are very pleased to expand our relationship and eager to provide Walgreens with even more benefits for their distribution center material handling operations—in terms of safety controls, cost reductions, and productivity optimization. The latest generation of our VMS technology incorporates many new, patented capabilities for vehicle operator access control, safety checklist automation, and intelligent impact management, which clearly make PowerFleet, in our view, the state-of-the-art in wireless vehicle management."
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.
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CONTACT: For Financial Press Ned Mavrommatis Chief Financial Officer firstname.lastname@example.org For Trade Press Greg Smith Vice President email@example.com Phone: 201-996-9000 Fax: 201-996-9144Source: I.D. Systems, Inc.
Released January 31, 2011