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HACKENSACK, N.J., Oct. 22, 2007 (PRIME NEWSWIRE) -- I.D. Systems, Inc. (Nasdaq:IDSY) will be holding its quarterly financial results conference call for investors and analysts on November 1, 2007 at 4:15 p.m. ET. The financial results announcement is scheduled to cross the wire shortly after the market close on November 1, 2007. I.D. Systems, Inc. is sending out this release regarding Q3-2007 to comply with Federal Regulations FD.
Financial analysts will be notified via fax/e-mail with a toll-free number to access the Q3-2007 conference call. Interested parties can also listen to a live webcast at http://www.id-systems.com. Any questions should be directed in advance to email@example.com.
The conference call will be archived at the I.D. Systems website for approximately 90 days.
About I.D. Systems
I.D. Systems provides proven wireless solutions for tracking and managing lift trucks, cranes, fixed machinery, and other powered equipment. The company's Wireless Asset Net(tm) system improves safety and reduces fleet costs through access control, location tracking, electronic safety checklists, motion/speed/distance/weight/impact sensing, utilization monitoring, and much more. Customers include 3M Company, Alcoa, American Axle, Archer Daniels Midland, DaimlerChrysler, Ford Motor Company, Northrop Grumman, Target Corporation, Toyota, Walgreen Co., the U.S. Department of Homeland Security, the U.S. Navy, and the U.S. Postal Service, among many others.
"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and that are subject to risk and uncertainties, including, but not limited to, future economic and business conditions, the loss of any of I.D. Systems' key customers or reduction in the purchase of its products by any such customers, the failure of the market for I.D. Systems' products to continue to develop, the inability to protect I.D. Systems' intellectual property, the inability to manage I.D. Systems' growth, the effects of competition from a wide 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 I.D. Systems' annual report on Form 10-K for the year ended December 31, 2005. 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.
CONTACT: I.D. Systems For Financial Press Ned Mavrommatis, Chief Financial Officer firstname.lastname@example.org For Trade Press Greg Smith, Vice President Marketing email@example.com General Phone: 201-996-9000 General Fax: 201-996-9144
Released October 22, 2007