Rusken Packaging Selects PowerFleet® For Optimized Trailer Efficiency

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PowerFleet LV-500 and LV-710 Solutions Offer Private Fleet Unmatched Visibility

WOODCLIFF LAKE, N.J., June 22, 2020 (GLOBE NEWSWIRE) — PowerFleet, Inc. (Nasdaq: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, cars, and light and heavy duty truck fleets, has been selected by Rusken Packaging to outfit its private fleet with the PowerFleet LV-500 solar tracking solution and the PowerFleet LV-710 Freight Camera.

The Alabama-based company will utilize PowerFleet’s LV-500 solar tracking solution coupled with the LV-710 Freight Camera to help maintain visibility of location and load status for its full fleet of trailers with deliveries starting in June of 2020. PowerFleet’s leading logistics solutions will better enable Rusken to eliminate manual yard checks and improve operating efficiencies through its powerful IQ analytics portal with robust utilization reporting.

“The past few months have proven that now, more than ever, transparency and efficiency are the best defense against supply chain vulnerabilities,” said Jeff Bowman, Corporate Logistics Director of Rusken Packaging. “PowerFleet’s reliable, next generation solutions give us the confidence that we are future proofing our business and ensuring we’re always able to deliver the best quality of service to our customers. We look forward to using the cutting-edge PowerFleet technology to ensure optimal asset utilization throughout our organization.”

The PowerFleet LV-500 is the industry’s first multi-powered asset tracking solution, leveraging solar panels, supercapacitors and long-lasting primary batteries for unmatched service life and critical event visibility. The LV-500 combines advanced wireless sensor technology, a cloud-based application, and analytics to increase turns, utilization and profit.

This solution will be deployed in conjunction with the PowerFleet LV-710, which combines a high-definition camera, image recognition processor, door sensor and ‘cargo-area’ environmental sensors for true freight visibility and condition. The pairing of these two solutions will offer Rusken Packaging greater insight and quality control through the supply chain with imagery, environmental sensors, and real-time updates.

“Rusken’s strong growth over the last decade is testament to a clear focus on their products, customers and staff,” explains PowerFleet Chief Product Officer, Elizabeth Elkins. “We are thrilled that PowerFleet’s technology is a cornerstone in Rusken’s innovative approach to drive continuous visibility and top-quality service in their customer focused regional transit model.”

Tropical Shipping Selects PowerFleet for U.S. and Caribbean Chassis Fleet

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Next Generation LV-Series to Empower Tropical’s Operations Future

WOODCLIFF LAKE, N.J., Feb. 18, 2020 (GLOBE NEWSWIRE) — PowerFleet, Inc. (NASDAQ: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets, has announced a partnership with Tropical Shipping, a transportation company that services the Bahamas, Caribbean, South and Central America.

Under the terms of the deal, PowerFleet will equip Tropical’s entire U.S. chassis fleet with over 2,000 5G Compatible LTE LV-300 next generation asset visibility systems on existing chassis, as well as new builds.

PowerFleet’s solutions will enable Tropical Shipping’s operations to improve chassis pool visibility and utilization. PowerFleet’s asset tracking will also generate better supply chain resource allocation through real-time in-transit visibility and more accurate arrival and departure information. Tropical expects to also increase efficiency in maintenance management for more reliable service for time-sensitive customer needs.

“Tropical Shipping is committed to partnering with our customers to ensure the well-being of shipments across our entire supply-chain,” said Doug Vogt, Tropical’s VP of Operations and Equipment. “We are extremely impressed with PowerFleet’s full suite of operating functionality and the overall ease of use. The robust reporting and analytics within PowerFleet’s solution will help us improve the on-time service and cargo tracking to our customers and the destinations that we serve.”

PowerFleet CEO, Chris Wolfe, added: “We are beyond excited to work with Tropical to improve efficiencies across terminals. PowerFleet is a trusted resource for companies like Tropical that operate in areas with unpredictable and turbulent weather. Our enterprise asset management and operational and analytics tools allow our partners to protect materials under their watch and make sure they get to where they need to go.”

About PowerFleet

PowerFleet® Inc. (NASDAQ: PWFL; TASE: PWFL) is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. PowerFleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands PowerFleet, Pointer, and Cellocator. For more information, please visit www.powerfleet.com, the content of which does not form a part of this press release.

About Tropical

Tropical Shipping is a transportation company that provides cargo shipping services from Canada and South Florida to the Bahamas and the Caribbean as well as South and Central America, as well as providing inter-island transportation services throughout the region. Established in 1963, the Miami-based company owns a fleet of 17 vessels with carrying capacity of 9,250 TEUs operating Port Terminals and warehouse facilities in select seaside ports to meet freight-shipping needs to and from The Caribbean and The Bahamas.

Today, Tropical operates ships from Canada and South Florida to The Bahamas and Caribbean, as well as providing inter-island transportation services throughout the region. Our customers transport everything imaginable – and we handle it all, from small packages to millions of tons of grocery products and building materials.

Tropical Shipping’s relationship with our Caribbean and Bahamian neighbors is deep and lasting, built on leadership, trust, responsiveness and good corporate citizenship. Everything Tropical Shipping does, every value we stand for, every course of action we take, is intended to deliver the highest level of service to our customers. From booking cargo and cargo tracking to delivering cargo on time, we are focused on reliability and on doing what we say.

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All Truck to Roll Out PowerFleet LV-Series Across Their Entire Fleet

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WOODCLIFF LAKE, N.J., Jan. 30, 2020 (GLOBE NEWSWIRE) — PowerFleet, Inc. (NASDAQ: PWFL), a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets, has been engaged by All Truck to upgrade its entire fleet of 1,500+ trailers from existing 3G devices to PowerFleet 5G-compatible LTE LV-100 devices.

Specializing in local and regional truckload transportation solutions throughout the Midwest, All Truck selected PowerFleet’s services to help streamline operations and generate increased visibility across its fleet, as the business continues to expand services across the United States. Upgrading the All Truck fleet to LTE LV-100 devices is a critical business initiative enabling All Truck to understand fleet and asset activity in real time so it can quickly manage and respond to customer capacity demand.

“Next generation technology such as the PowerFleet LTE LV-100 devices will be crucial to our expansion across the U.S.,” explained All Truck president, Nino Alagna. “An overhaul of our entire fleet would normally be a massive undertaking, but PowerFleet’s proven technology is flexible and easily integrates to our transportation management software, taking the headache out of the upgrade process.”

Founded in 1978, All Truck built a notable presence in the transportation industry, quickly growing to a 385-truck operation with a 1500+ fleet of trailers. Achieving an annual growth rate of 15%, the company continues to achieve success across the market by providing clients with exceptional care using cutting-edge technology and advancements in the industry.

“Market-leading customer service requires visionary and high-quality solutions, and we understand the pressure that this puts on our customers to adapt, upgrade and scale with the evolving market,” said PowerFleet CEO, Chris Wolfe. “We’re pleased to partner with All Truck to help them get a jump on the upcoming 3G sunset and we look forward to continuing our successful relationship with All Truck to generate value for both the company and their customers.”

About PowerFleet®

PowerFleet® Inc. (NASDAQ: PWFL; TASE: PWFL) is a global leader and provider of subscription-based wireless IoT and M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, tractor trailers, containers, cargo, and vehicles and truck fleets. The company is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. PowerFleet’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. Our offerings are sold under the global brands PowerFleet, Pointer, and Cellocator. For more information, please visit www.powerfleet.com, the content of which does not form a part of this press release.

BAH Express Inc Logo

B.A.H Express Selects I.D. Systems’ Solutions to Increase Visibility and Ensure ELD Compliance

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LV9000 In-cab to be Rolled Out Fleetwide through Q4 2019

WOODCLIFF LAKE, N.J., Sept. 26, 2019 (GLOBE NEWSWIRE) — PowerFleet for Logistics, a division of I.D. Systems, Inc. (NASDAQ: IDSY), has been engaged by B.A.H. Express to equip its entire fleet of 200 tractors with I.D. Systems’ state-of-the-art LV9000 in-cab technology platform. The addition of I.D. Systems’ platform will ensure that B.A.H becomes compliant with the Department of Transportation’s newly mandated electronic hours of service regulations.

B.A.H. is a super-regional, inter-regional, and local carrier, which has the ability to accommodate both full and partial truckloads to provide flexible and reliable service to time-sensitive customers. The company is headquartered in Conley, GA, has a 48-state contract authority, and specializes in serving the Southeast and Midwest regions. B.A.H. also maintains a full-service logistics division, which increases the company’s coverage and greatly enhances its overall capacity.

“We were already using I.D. Systems’ in-cab solution with great success,” said Johnie Snyder, VP of safety and compliance at B.A.H. Express. “We were therefore pleased to learn they had an asset-tracking solution that not only made us ELD compliant but provided an incredible level of ‘always-on’ visibility. I.D. Systems worked with us to integrate its in-cab tracking and eLogs system into our existing inhouse platform, which expedited the mandated reporting we share with our customers and industry authorities.”

Since its founding by Waymon and Barbara Hemmings in May of 1990, B.A.H. Express has expanded to Concord and Kings Mountain, NC, Calhoun, GA, Knoxville, TN, and New Orleans, LA. Due to its strategic location outside Atlanta, a major transit hub, as well as continued investments in technology and service, B.A.H. has continued to expand and remain ahead of some of the industry’s more established players.

“It is always encouraging to see current customers expand their relationship with us, as it validates the efficacy of our solutions and demonstrates our ability to maintain quality customer relationships,” said Norm Thomas, General Manager of PowerFleet for Logistics at I.D. Systems. “We look forward to continuing our successful relationship with B.A.H. and generating value for both of our businesses by integrating our LTE-based PowerFleet LV9000 within their fleet.”

About I.D. Systems

Headquartered in Woodcliff Lake, New Jersey, with subsidiaries in Florida, Texas, Germany, and the United Kingdom, I.D. Systems provides its suite of PowerFleet wireless IoT solutions around the globe 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. I.D. Systems will be rebranded as PowerFleet (Nasdaq: PWFL) following the close of its acquisition of Pointer Telocation. For more information, please visit www.powerfleet.com.

Coraluzzo & Torrissi Logos

I.D. Systems’ PowerFleet® for Logistics Equips Entire Samuel Coraluzzo & Torrissi Transport Fleet

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Streamlined ELD Complaint System Improves Visibility and Operational Agility

I.D. Systems, Inc., a leading provider of enterprise asset management and Industrial Internet of Things (IoT) technology, has deployed upgraded in-cab technology for the entire fleet of Samuel Coraluzzo & Torrissi Transport, a recognized industry leader in hauling oil across the U.S. east coast.

Integrating their latest PowerFleet technology offering, the LV9000 asset-tracking solution, into the Samuel Coraluzzo & Torrissi Transport operating system has delivered a 360-degree, “real time” view of their business that improves employee productivity and helps deepened customer satisfaction by reducing problems and enables taking proactive measures before problems occur.

The I.D. Systems PowerFleet ELD compliant system is a robust, technically-advanced in-cab installation that is specifically designed to manage logistics and transportation fleets. I.D. Systems has been working with Samuel Coraluzzo & Torrissi Transport since 2007 to accelerate the transformation of its logistics information architecture in support of the company’s business objectives: increased visibility, reduced material handling costs and improved overall operational agility.

“We were excited that we didn’t need to upgrade our entire operating system in order to uncover an unprecedented level of ‘always-on’ transparency,” explained Samuel Coraluzzo & Torrissi Transport President, Robert Penza. “I.D. Systems worked with us to integrate their top-of-the-line PowerFleet LV9000 into our existing platform in a way that expedites the mandated reporting we share with our customers.”

Norm Thomas, General Manager of PowerFleet for Logistics, commented: “There was really no need to replace Samuel Coraluzzo & Torrissi Transport’s existing technology architecture. Whenever we can partner with our customers and bring them a proven and tested custom-integrated solution, it’s truly a win for all involved. Helping our customers achieve increased accountability, operational efficiencies and save money.”

About I.D. Systems

Headquartered in Woodcliff Lake, New Jersey, with subsidiaries in Florida, Texas, Germany, and the United Kingdom, I.D. Systems provides its suite of PowerFleet wireless IoT solutions around the globe 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. I.D. Systems will be rebranded as PowerFleet (Nasdaq: PWFL) following the close of its acquisition of Pointer Telocation. For more information, please visit www.powerfleet.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, 2018. 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.

PowerFleet® for Logistics Helps American Intermodal Management Power Its Technology Driven Business Model

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Innovative Technology Enables AIM to Set Itself Apart from Other Providers

WOODCLIFF LAKE, N.J., July 30, 2019 — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management and Industrial Internet of Things (IoT) technology, is helping American Intermodal Management, LLC (AIM), an industry leader in chassis provisioning and asset management across the U.S., extend the value proposition of the chassis beyond a piece of equipment to integrate itself into its clients’ supply chains. With the most recent order, AIM will now have its entire 11,000-unit fleet powered by PowerFleet.

Working with AIM since 2016, PowerFleet® for Logistics by I.D. Systems continues to collaborate on technology to streamline core business intelligence and tailor asset management solutions that work to improve operational efficiency, increase agility and achieve a greater overall business value. PowerFleet’s chassis tracking and sensor solutions help AIM’s lease and rental customers maximize chassis utilization – offering greater visibility and comprehensive, reliable data. Targeted benefits include reduced transit cycle times, improved operations, enhanced productivity and lower operational cost.

“Our objective has always been to leverage transformational technologies with the goal of improving operations and increasing efficiencies across our business,” said Than Seeds, CEO, AIM. “That’s why we look forward to continuing to partner with PowerFleet in order to capitalize on their innovative technology and produce a greater economy for all our stakeholders.”

Norm Thomas, General Manager of PowerFleet for Logistics, explained: “We appreciate our continued partnership with AIM and their commitment to our product roadmap. We make it our business to give our partners a competitive edge that they ultimately experience as streamlined operations, increased accountability and money saved. That’s why we’re constantly innovating, integrating and customizing our technologies for our customers.”

About American Intermodal Management (AIM)

Headquartered in Scottsdale, Arizona, American Intermodal Management, LLC (AIM) was formed in 2016 in response to strong industry demand desiring alternatives for chassis provisioning, and asset management across the U.S. AIM owns and leases technology enhanced marine chassis to customers who transport marine containers between ports, rail ramps and distribution centers in North America. The AIM business model combines integrity, proactive-disciplined management processes, high quality assets, innovative technology application, and a passion for excellence to achieve maximum value creation. Currently, AIM has over 11,000 chassis deployed at the ports of Los Angeles, Long Beach, Seattle, Houston, Oakland and is continually expanding its footprint.

About I.D. Systems

Headquartered in Woodcliff Lake, New Jersey, with subsidiaries in Texas, Florida, 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.powerfleet.com, the content of which does not form a part of this press release.

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, 2018. 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.
Robert Heath Trucking selects I.D. Systems for ELD

Robert Heath Trucking Selects I.D. Systems’ PowerFleet Solutions

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Refrigerated and In-Cab ELD Compliance a Key to Transporting Perishable Products Safely

WOODCLIFF LAKE, N.J., March 04, 2019 (GLOBE NEWSWIRE) — I.D. Systems, Inc. (NASDAQ:IDSY), a leading provider of enterprise asset management and industrial Internet of Things technology (IoT), today announced an agreement with Robert Heath Trucking for the deployment and installation of the PowerFleet for Logistics refrigerated and ELD compliant solutions.  Founded in 1939, Robert Heath Trucking is a leading middle market refrigerated trucking operation transporting highly sensitive food products throughout the central and western half of the United States.

“Having a great customer like Robert Heath deploy both our refrigerated trailer systems and our in-cab units with ELD is a testament to the value of our recent CarrierWeb acquisition,” said Norm Thomas, VP and GM of I.D. Systems’ Logistics Visibility group. “Robert Heath is known in the industry for their excellent customer service and efficient operations and we are proud to help them be successful,” Norm added.

The I.D. Systems ELD compliant solution is in-cab and powered by the LV9000 hardware device, which is an on-board solution that enables two-way communication with the driver and customized driver workflow.  The PowerFleet telematics solution automatically appends pertinent dispatch data from the customer’s workflow to the driver’s logs, which in turn reduces redundant driver input and helps eliminate possible log violations for inaccurate data.

The PowerFleetin-cab system also provides real-time positions with minute-by-minute reporting and real-time engine performance information such as speed, MPG, idle time, and fault codes.  This performance data can be used to benchmark driver performance and behavior and/or truck performance.  Additionally, the solution also supports ALK PC Miler truck-specific navigation, which then ties to the fleet’s dispatch information to automatically capture the address of the next stop – thus eliminating the need for drivers to enter data manually.

“Our motto has always been “America’s Best” and that is a promise to our customers on each and every load we haul. Our drivers are the key to making sure we follow through on that promise by maintaining our on-time service rating of greater than 98% and we’ve chosen PowerFleet for Logisticsto support our drivers in executing at that service level for our customers,” said Brent Shankle, Chief Operating Officer of Robert Heath.

The PowerFleet refrigerated solution is fully integrated with Carrier® Transicold® and Thermo King® microprocessors, and provides full, over the air reefer monitoring of temperature, alarms, operational status and changes.  In addition, the solution also provides GPS tracking, Two-way command and control to adjust reefer conditions as necessary from dispatch, landmarks for accurate reporting of arrival and departure times, fuel usage reporting by landmark, and dwell time reporting.

The recently acquired CarrierWeb operation is being integrated in the I.D. Systems Logistics Visibility group, becoming PowerFleet for Logistics. The complete bumper-to-bumper technologies include: in-cab with workflow, diagnostics and ELD; refrigerated trailer and container two-way management, dry van and intermodal container tracking technologies. In addition, there is a complete line of sensors for monitoring the status of both assets and cargo, as well as their new deep learning voice interface Lucy® application to help improve real-time decision making.

Learn more about the latest I.D. systems solutions at www.logisticsvisibility.com.

About I.D. Systems

Headquartered in Woodcliff Lake, New Jersey, with subsidiaries in Florida, 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.powerfleet.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.

I.D. Systems Contact

Ned Mavrommatis, CFO
ned@id-systems.com
(201) 996-9000

Investor Contact

Matt Glover
Liolios
IDSY@liolios.com
(949) 574-3860

Media Contact

Michael H. Hardman
Hardman Group, Inc.
mike@hardmangrp.com
330-285-4141

IDSY wins HDT 20 Top Products 2019 Awards

I.D. Systems’ LV Series Platform Selected as a Heavy Duty Trucking Magazine Top 20 Product for 2018

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Recognizes New Logistics Visibility Product Suite for Innovation and Industry Impact

WOODCLIFF LAKE, N.J., Feb. 14, 2019 (GLOBE NEWSWIRE) — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management and Industrial Internet of Things technology, has been named a recipient of Heavy Duty Trucking’s Top 20 Products of 2018 Award for its LV Asset and Cargo Visibility Series (LV Series), a suite of products that raises the bar in technologies targeting the logistics industry.

Each year, Heavy Duty Trucking editors attend press conferences and review an array of news releases on the latest new products for trucking that have appeared in the magazine or on the Truckinginfo.com website. At year’s end, they identify the very best of the year’s introductions for the Top 20 Products, which are chosen based on the level of innovation, ability to address significant industry issues, and potential benefit to the bottom line.

I.D. Systems’ LV Series is a line of sophisticated asset-tracking and telemetry products that offer new ways to access more than asset location and sensor data but also monitor the cargo inside the trailer or container. In addition, there’s Lucy ®, an interactive voice-user interface for accessing operational and analytical data to assist with making better decisions. The LV Series offers significant benefits that include: optimizing driver efficiency, identifying underutilized assets, reducing idle times, faster turns, and verifying trailer and cargo status before hook-up – all of which improve productivity and the driver’s quality of work-life. I.D. Systems debuted the LV series in October 2018 at the American Trucking Associations’ Management Conference and Exhibition.

“We are proud to be recognized by Heavy Duty Trucking for our team’s vision, engineering and development,” said Chris Wolfe, CEO of I.D. Systems. “This recognition attests that we our achieving our mission to deliver products that help the industry become safer, more efficient and help make a driver’s work-life easier.”

Norman Thomas, GM for I.D. Systems’ Logistics Visibility group, added: “With our recent acquisition of CarrierWeb we will be expanding our logistics visibility capabilities into the cab and onto refrigerated trailer systems – enabling Lucy ® to assist with our customer’s entire operations.”

The Top 20 Product winners will be published in the magazine’s February issue, and awards will be presented during individual ceremonies at the Technology & Maintenance Council annual meeting in Atlanta on March 18-21, 2019.

To learn more about I.D. Systems, visit www.powerfleet.com/. For more information on the company’s Logistics Visibility Solutions, visit www.logistics-visibility.com/.

About I.D. Systems
Headquartered in Woodcliff Lake, New Jersey, with subsidiaries in Texas, Florida, 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, visit www.powerfleet.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, 2017. 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 as a result of new information, future events or otherwise.

I.D. Systems Contacts:
Ned Mavrommatis, CFO
ned@id-systems.com
201-996-9000

Mike Hardman, Hardman Group
mike@hardmangrp.com
330-285-4141

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LV-9000 Hardware with Screen On

I.D. Systems Acquires CarrierWeb, Adds Key Technology, Increases Customer Base, and Enters New Market Segments

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Company Positioned as Turnkey Logistics IoT Technology Provider

WOODCLIFF LAKE, N.J., Jan. 31, 2019 (GLOBE NEWSWIRE) — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management and Industrial Internet of Things (IoT) technology, has acquired the U.S.-based assets of  telematics provider CarrierWeb, an Atlanta-based provider of real-time in-cab mobile communications technology, electronic logging devices (ELDs), two-way refrigerated command and control, and trailer tracking. CarrierWeb’s U.S.-based assets will be integrated into the I.D. Systems logistics visibility solutions group, called PowerFleet® for Logistics. The acquisition closed on January 30, 2019.Growth and Expansion
With the acquisition, I.D. Systems adds 9,000 net new subscribers to its platform. The acquisition allows I.D. Systems to offer a full complement of highly-integrated logistics technology solutions to its current customers and prospects, and immediately adds more than 70 customers, including the Customized Distribution Division of foodservice industry leader Performance Food Group (PFG).
“The CarrierWeb assets align with our strategy of expanding and strengthening our position in the fleet management value chain,” said Chris Wolfe, CEO of I.D. Systems. “The acquisition is immediately additive because it allows us to sell complete bumper-to-bumper telematics solutions, with higher monthly revenues, covering in-cab, refrigerated trailers, dry van and containers both to I.D. Systems’ existing customers as well as to potential customers whom we have not been able to address previously. Overall, this transaction allows us to address what the market and our customers have been asking for — a complete, fully-integrated offering.”An Unmatched Single Source of Fleet Management Tracking Technology
I.D. Systems and CarrierWeb offer complementary services that together allow for an unparalleled single source of fleet management tracking technology. The CarrierWeb solutions will be integrated into I.D. Systems’ recently launched line of logistics telemetry solutions, which include a suite of interoperable sensors, an interactive voice-user interface, and a first-of-its-kind image-based cargo visibility detector. These robust technological platforms enhanced I.D. Systems tracking, monitoring, and reporting capabilities to provide freight transportation providers, shippers and supply chain stakeholders with powerful insights to make smarter and faster decisions.
CarrierWeb’s patented technology is designed to better manage transportation workflow, streamline data operations and management for mobile communications. CarrierWeb’s key products offer a range of innovative solutions for truck, dry trailer, refrigerated trailer, and driver monitoring and management:

  • ReeferMate® is a standalone cost-effective solution that enables users to monitor and remotely manage refrigerated trailers and cargo;
  • CarrierMate™ is an advanced touch screen electronic on-board recorder / electronic logging device (AOBRD/ELD) that also provides a driver-preferred ELD for regulatory compliance.

I.D. Systems is committed to the integration and future development of the CarrierWeb technology platform. The new PowerFleet® for Logistics division is led by Norm Thomas, who joined I.D. Systems in 2018 from PeopleNet, where he led professional services, software engineering and integration technology. Previously, Thomas served as a senior executive at CarrierWeb, as well spent more than 10 years at U.S. Xpress in a range of senior roles, including Chief Technology Officer.
To learn more about I.D. Systems, visit www.powerfleet.com/. For more information on the company’s Logistics Visibility Solutions, visit www.logistics-visibility.com/.

About I.D. Systems
Headquartered in Woodcliff Lake, New Jersey, with subsidiaries in Texas, Florida, 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, visit www.powerfleet.com.
About CarrierWeb
CarrierWeb provides, real-time in-cab mobile communications, with an easy-to-use fully compliant ELD solution, driver workflow and activity capture for private and for-hire fleets seeking an ELD solution. The U.S. Headquarters that was acquired is based in Atlanta, Georgia. CarrierWeb focuses on providing mobile communications at an inclusive lower fixed cost combined with innovative solutions, flexible custom reports and exceptional customer service that allow its customers to meet the demands of today’s marketplace. CarrierWeb integrates with major TMS solutions and has a proprietary powerful middleware that facilitates a rapid direct integration with in-house ERP systems. For more information, visit www.carrierweb.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, 2017. 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 as a result of new information, future events or otherwise.

I.D. Systems Contact
Ned Mavrommatis, CFO
ned@id-systems.com
(201) 996-9000
Investor Contact
Liolios for I.D. Systems
Matt Glover
IDSY@liolios.com
(949) 574-3860
Media Contact
Mike Hardman, Hardman Group
mike@hardmangrp.com
330-285-4141

LV-710 Hardware

I.D. Systems creates AI-powered ‘Lucy’ fleet assistant to manage trailers, cargo

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This article was originally published at CCJ on October 29, 2018 by Aaron Huff

I.D. Systems was ready for a technology refresh when Chris Wolfe became chief executive 18 months ago.
Since 2010, the company has supported the Veriwise trailer tracking platform it acquired from Asset Intelligence, a former business unit of General Electric.

The LV-710 sensor from I.D. Systems has an integrated Freight Cam that takes pictures of the cargo and measures the percentage a trailer is loaded. The LV-710 sensor from I.D. Systems has an integrated Freight Cam that takes pictures of the cargo and measures the percentage a trailer is loaded.

At this stage in his career, Wolfe wanted new products that did more than track assets. In the early 1990s he developed the first asset tracking system for Roadway Express and Penske Logistics. He later joined Qualcomm’s Wireless Business Solutions group, which he left in 2005 as president.

“If I just came out with new trackers, I would be bored,” he says.

The transportation and logistics market was heavily focused on electronic driver logs and technology to improve the quality of life for drivers. Plenty of companies already served those needs.

“How do we optimize the rest of the supply chain?” he wondered.

Shippers are spending nearly $800 billion per year for the transportation and logistics of goods worth $14 trillion.

The market opportunity for transportation technology, he says, is “in the goods—the cargo.”

Shippers and carriers would both benefit from better information on the status of shipments and conditions of cargo. But he wanted something to make I.D. Systems really stand out.

An idea came while watching a science fiction movie, Lucy. The title character is played by actress Scarlett Johannsen who accidentally ingests a substance that unlocks 100 percent of her brain’s cerebral capacity. She gains superhuman physical and cognitive powers.

Computers and smartphones are very tactile instruments. They use two senses — touch and sight. What if I.D. Systems could get the other senses of transportation workers and managers involved in managing assets, shipments and cargo status?

“The brain can handle a lot more,” he thought.

The LV-300 tracking system integrates with wireless sensors in a trailer. The LV-300 tracking system integrates with wireless sensors in a trailer.

On Oct. 28 at the American Trucking Associations annual Management Conference and Exhibition (MCE) in Austin, Texas, I.D. Systems introduced a new telemetry and analytics product platform that includes an image-based cargo visibility detector and environmental sensors.

Integral to the platform launch is an interactive voice-user interface — an intelligent assistant named Lucy — that gives transportation workers and managers information to make real-time decisions without the need to manually run reports.

Telemetry portfolio

The I.D. Systems telemetry portfolio is called the LV Asset Tracking and Freight Visibility Series (LV Series).

The LV Series uses a common platform for wireless sensor integration and visual image confirmation to track the location and monitor the condition and status of the cargo. The LV Series can also monitor tire pressure, anti-lock braking system lights, and other elements of a trailer.

The three base asset tracking models (LV-100, LV-300 and LV-500) vary according to power management technology such as a long-life primary battery, rechargeable battery, or dual-power source. Each includes I.D. Systems’ drive-segment detection as well as time-based and sensor-event reporting.

The LV-500 device from I.D. Systems is a solar-powered option. The LV-500 device from I.D. Systems is a solar-powered option.

The LV-710 is a vision sensor that detects cargo and measures loaded levels using a wireless high-definition camera and image recognition processor. It also has a door sensor and cargo-area environmental sensor. It integrates with the family of LV asset tracking devices and a new PowerFleet Yard smart phone app.

The LV-710, LV-720 and LV-730 can include on-asset sensors as well as LV-740 pallet-level sensors that measure temperature, humidity and shock.
When utilized with LV-740 pallet sensors, the LV-710 can detect and report if and where pallets are loaded, as well as environmental alerts (e.g. temperature, etc.), to deliver complete cargo visibility.

Lucy, a Voice-User Interface

Lucy is an integrated voice-activated system that provides dynamic interaction with a fleet’s asset and cargo database. The system provides in-transit reporting, real-time status and analytics without manually running reports.

Lucy leverages voice-activation technology with the Bing search engine to provide users with up-to-the-minute traffic, weather and ETA predictions and updates along planned or existing routes.

The dialogue with Lucy mirrors natural language. The user asks questions and can zero in on the type of information they are looking for, explains Dan Romary, vice president of data analytics and business intelligence of I.D. Systems.

The voice-user interface can be customized based on market segment such as intermodal chassis, regional and private fleets. It can be customized by user role and by their shifts as well. If any problems carry over from one shift, those problems—such as a late load or a trailer with required maintenance—will be passed on to the next shift to manage.

The LV-100 tracking device has self-contained batteries and communicates with wireless trailer sensors. The LV-100 tracking device has self-contained batteries and communicates with wireless trailer sensors.

Lucy can be integrated into third-party systems such as transportation and warehouse management or tractor tracking systems.
During an online demo with CCJ, Romary asked Lucy a question:

“How many cargo alerts are there?” After specifying the alerts, Lucy asked, “Would you like me to contact the appropriate shift supervisor?”
Another possible question for Lucy is:

“Lucy, can you send me a picture of trailer 7654?” The system could trigger the LV-710 device in the trailer to take a photo of the cargo and transmit it instantly, he says.

PowerFleet Yard is a new handheld app that will be Lucy enabled. Future integration with third-party systems could put Lucy in the cab with a driver, or on a driver’s smartphone, he says. When a driver pulls up to a yard, Lucy could instruct the driver which trailer to hook up to and its status, Romary says.

I.D. Systems says the new LV Series product platform and Lucy will be available for field testing in the fourth quarter and commercially available in the first quarter of 2019.

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