Woodcliff Lake, NJ, and Plano, TX, October 10, 2013—Asset Intelligence, a leading provider of M2M transportation asset management solutions and a subsidiary of I.D. Systems, Inc. (Nasdaq: IDSY), has executed a two-year contract renewal with Knight Transportation, Inc. (NYSE: KNX), one of North America’s largest truckload carriers, to extend its deployment of VeriWise™ trailer management systems. A mix of VeriWise solutions—including VeriWise Track and Trace, VeriWise Dry Van with cargo sensing, and VeriWise Reefer—is installed on Knight’s fleet of dry vans, chassis, and refrigerated trailers. Knight operates a fleet of approximately 9,000 trailers and has been an Asset Intelligence customer since 2000.
Under the contract, Asset Intelligence will also develop additional system capabilities for Knight, including:

• New dashboard reports for refrigerated trailers, targeting fuel consumption and cost metrics
• Enhanced system access for mobile devices
• A new, dynamic field service application for the iPad

Steve Grover, Vice President Business Process Improvement at Knight, said, “Our VeriWise trailer management systems are fully integrated into our daily operations, helping us run a lean operation, minimize costs, and optimize customer service—giving Knight critical competitive advantages. VeriWise provides us with real-time visibility of our many different types of cargo-carrying assets, and the systems have consistently delivered effective, reliable results to meet our demanding requirements.”
“Knight has been a key Asset Intelligence customer and partner for many years, helping our solutions stay at the cutting edge of technical innovation,” said Doug Hoehn, senior vice president at I.D. Systems. “We are excited to continue working with Knight and expanding their ability to get mission-critical asset information that drives significant operating efficiencies across their trailer fleet.”
About VeriWise™ Solutions
VeriWise asset tracking systems combine sensor, wireless, and web technologies to provide real-time visibility and control of trailers and their cargo. The systems automatically identify, analyze, and respond to critical transportation issues to improve the efficiency and security of logistics operations.
VeriWise Track & Trace is a low-cost, easy-to-deploy, asset tracking system that provides real-time data to improve the efficiency and security of trailer and container fleets. It is designed for quick, easy, flexible installation on a wide range of cargo-carrying assets, with patented power management technology to provide exceptionally long battery life and years of maintenance-free operation.
VeriWise Dry Van is an advanced trailer monitoring system with patented full-length cargo detection sensors and solar charging technology. The system reports reliable, uninterrupted trailer location and loaded/ unloaded status—even if the trailer is disconnected from tractor power for an extended period—resulting in faster trailer turns, increased asset utilization, improved cargo security, and optimal fleet efficiency.
VeriWise Reefer is a refrigerated trailer management solution, which has been integrated with both Thermo King and Carrier, the world’s leading reefer manufacturers. It allows users to manage temperature set points remotely and react to problems quickly, with real-time alerts based on automatic exception data analysis.
About Knight Transportation
Phoenix-based Knight Transportation, Inc. is one of North America’s largest truckload carriers, with a fleet of over 8,500 trailers and 2012 revenue of more than $936 million. The company provides dry vans, refrigerated trailers, and intermodal and brokerage services. With a diverse customer base and a network of service centers across the United States, Knight strives to offer customers and drivers personal service and attention as “Your Hometown National Carrier,” while providing integrated, large-scale freight transportation services. Knight has been recognized among Forbes’ “200 Best Small Companies” for 15 consecutive years. For more information, please visit www.driveknight.com.
About I.D. Systems and Asset Intelligence
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 solutions for securing, controlling, tracking, and managing high-value enterprise assets, including rental cars, industrial vehicles, 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 idsy2019.wpengine.com.
Asset Intelligence, an I.D. Systems subsidiary based in Plano, Texas, is a leading provider of trailer and container tracking solutions for manufacturers, retailers, shippers and freight transportation providers. It offers a full range of solutions to improve safety, security and productivity throughout global supply chains.
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; market forecasts; projections of earnings, revenues, synergies, accretion or other financial information; and plans, strategies and objectives of management for future operations, including integration plans in connection with acquisitions. 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, 2012. 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, and expressly disclaims any obligation to do so, whether as a result of new information, future events or otherwise.

Woodcliff Lake, NJ, August 27, 2013—I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of wireless solutions for securing, tracking and managing high-value enterprise assets, has been invited to present at the 2013 Gateway Conference being held on Tuesday, September 10, 2013 at the Palace Hotel in San Francisco.
I.D. Systems management is scheduled to present at 1:00 p.m. Pacific time, with one-on-one meetings held throughout the day. Management will discuss the company’s recent financial performance and operational developments, including Avis Budget Group.
For additional information or to schedule a one-on-one meeting, visit www.gateway-conference.com and click on the Register/Login tab. You may also email your request to schedule@gateway-conference.com or call Matt Glover or Michael Koehler at (949) 574-3860.
About the Gateway Conference
The Gateway Conference is designed to provide a unique gateway between influential members of the investment community and a select group of compelling publicly-traded companies. Portfolio managers, research analysts and brokers from buy-side and sell-side institutions will have the opportunity to learn about more than 50 exciting growth companies across a broad range of industries, from technology, business and financial services, digital media and clean-tech to consumer products, retail/e-commerce, life sciences and natural resources. For more information, visit www.gateway-conference.com.
The invitation-only conference is hosted by Liolios Group investor relations and sponsored by leading firms that service the financial community. For more information about Liolios Group, visit www.liolios.com.
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 solutions for securing, controlling, tracking, and managing high-value enterprise assets, including 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 idsy2019.wpengine.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; market forecasts; projections of earnings, revenues, synergies, accretion or other financial information; and plans, strategies and objectives of management for future operations, including integration plans in connection with acquisitions. 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, 2012. 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.

Woodcliff Lake, NJ, August 7, 2013—I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of wireless solutions for tracking, securing and managing high-value enterprise assets, reported results for the three and six months ended June 30, 2013.
Second Quarter 2013 Financial Results
Revenue increased 8% year-over-year to a Q2 record $9.4 million, from $8.7 million in the second quarter of 2012, reflecting increased sales of the company’s vehicle and transportation asset management systems.

• Recurring revenue was $4.4 million, up 2% from $4.3 million in the second quarter a year ago.
• Gross margin was consistent with historic levels at 52%.
• Selling, general and administrative expenses and research and development expenditures of $5.6 million and $1.1 million, respectively, in the second quarter of 2013 decreased 1% from $5.7 million and $1.1 million, respectively, in the second quarter of 2012.
• Excluding stock-based compensation and depreciation and amortization, non-GAAP net loss improved to $851,000, or $(0.07) per basic and diluted share, compared to $1.2 million, or $(0.10) per basic and diluted share, in the same period a year ago.
• Net loss improved to $1.7 million, or $(0.14) per basic and diluted share, compared to $2.1 million, or $(0.18) per basic and diluted share, in the second quarter of 2012.
• As of June 30, 2013, I.D. Systems had $14.7 million in cash, cash equivalents and marketable securities, and no debt.

Second Quarter 2013 Operational Highlights

• Recurring business from core customers, including BASF, Bridgestone Firestone, Campbell’s Soup, CH Robinson, Caterpillar, Ford Motor Company, General Mills, Kuehne + Nagel, John Deere, Meijer, Nestlé, Procter & Gamble, Rio Tinto Alcan, Toyota, Walgreens, and Walmart, among others.
• Initial system implementations with new customers, including two Tier 1 automotive suppliers, a global manufacturer of water heating and treatment systems, a leading U.S. specialty retailer, a U.S. forest products company, and a leading North American transportation and logistics service provider.
• Substantial revenue contributions from channel partners (industrial truck manufacturers and their dealers), which sold I.D. Systems’ solutions to end users including a Fortune 100 retailer, a Fortune 500 retailer, and one of the world’s largest food service companies.

Six Month 2013 Financial Results

• Revenue was $17.4 million, compared to $18.5 million in the same period a year ago. The decrease was due primarily to lower than expected first quarter revenue from industrial vehicle management business in the U.S. and a shortfall of revenue from Europe, reflecting the economic climate in that region.
• Recurring revenue was $8.7 million, up 4% from $8.4 million in the same period a year ago.
• Gross margin was consistent with historic levels at 50%.
• Selling, general and administrative expenses and research and development expenditures of $11.1 million and $2.3 million, respectively, in the six month period ended June 30, 2013, decreased 1% from $11.3 million and $2.2 million, respectively, in the six months ending June 30, 2012.
• Excluding stock-based compensation and depreciation and amortization, non-GAAP net loss was $2.7 million, or $(0.23) per basic and diluted share, compared to $2.0 million, or $(0.17) per basic and diluted share, in the same period a year ago.
• Net loss was $4.3 million or $(0.36) per basic and diluted share, compared to $3.7 million or $(0.32) per basic and diluted share in the same period in 2012.

Management Commentary
“We are encouraged by our second quarter revenue growth, which increased 17% sequentially over the first quarter of 2013 as well as 8% year-over-year,” said Jeffrey Jagid, I.D. Systems’ chairman and CEO. “We continue to be optimistic about our prospects for the second half of 2013 and remain committed to our revenue growth strategy, which has proven successful over the past three years. We are working to build revenue vertically by expanding our footprint with core enterprise customers, and diversify revenue horizontally by establishing new customers, utilizing both channel partners and our direct sales organization.
“We also remain committed to expanding and monetizing the intellectual property behind our wireless solutions to maintain our technical leadership in the markets we serve: industrial vehicle management, transportation asset management, and rental car management.
“With respect to our rental car business, we have deployed our systems on approximately 30,000 rental vehicles in North America for Avis Budget Group, our exclusive partner in this market. On August 1, 2013, we entered into a memorandum of understanding with Avis Budget to cooperate on the development of a new generation of in-vehicle wireless devices to automate all Avis Budget car rental environments, including airport lots, virtual lots, and car sharing applications. Under this MOU, we are negotiating an amendment to our 2011 master agreement with Avis Budget and, to facilitate those negotiations, have agreed with Avis Budget to extend our mutual exclusivity until September 30, 2013.”
Investor Conference Call
I.D. Systems will hold a conference call for investors and analysts today, Wednesday, August 7, 2013, at 4:45 p.m. Eastern time. The company’s chairman and CEO, Jeffrey Jagid, will lead a discussion on the results for the period and other recent developments, followed by a question and answer period. The conference call will be broadcast live via the investors section of the company’s website at idsy2019.wpengine.com. To listen to the live call, go to the website at least 10 minutes early to download and install any necessary audio software.
Non-GAAP Measures
To supplement its financial statements presented in accordance with Generally Accepted Accounting Principles (GAAP), I.D. Systems provides certain non-GAAP measures of financial performance. These non-GAAP measures include non-GAAP net income/loss and non-GAAP net income/loss per basic and diluted share. Reference to these non-GAAP measures should be considered in addition to results prepared under current accounting standards, but are not a substitute for, or superior to, GAAP results. These non-GAAP measures are provided to enhance investors’ overall understanding of I.D. Systems’ current financial performance. Specifically, I.D. Systems believes the non-GAAP measures provide useful information to both management and investors by excluding certain expenses, gains and losses that may not be indicative of its core operating results and business outlook. Reconciliation of all non-GAAP measures included in this press release to the nearest GAAP measures can be found in the financial tables included in this press release.
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 solutions for securing, controlling, tracking, and managing high-value enterprise assets, including 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 idsy2019.wpengine.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; market forecasts; projections of earnings, revenues, synergies, accretion or other financial information; and plans, strategies and objectives of management for future operations, including integration plans in connection with acquisitions. 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, 2012. 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.
Click to read entire release and view tables

Woodcliff Lake, NJ, August 1, 2013—I.D. Systems, Inc. (Nasdaq: IDSY), a leading provider of wireless solutions for securing, tracking and managing high-value enterprise assets, has received a purchase order from one of the world’s largest consumer packaged goods (CPG) companies to deploy I.D. Systems’ Powerfleet™ Vehicle Management System (VMS) on a fleet of industrial trucks at a facility in Argentina. After implementation, the CPG company will have deployed Powerfleet in 14 sites worldwide, including in Asia, Africa, Europe, South America, and North America.
“Our customers typically find that our technology quickly pays for itself through safety and maintenance process improvements, hard cost reductions in capital and operating expenses, and improved productivity,” said Jeffrey Jagid, I.D. Systems’ chairman and CEO. “We are gratified that this leading global CPG customer continues to aggressively expand their deployment of our Powerfleet VMS.”
About Vehicle Management Systems
Vehicle Management Systems (VMS) help improve workplace safety and security by restricting vehicle access to trained, authorized operators, providing electronic vehicle inspection checklists, and sensing vehicle impacts. A wireless VMS 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, a wireless VMS helps improve supply chain productivity by establishing accountability for the use of equipment, ensuring equipment is in the proper place at the right time, streamlining material handling work flow, and providing unique metrics on equipment utilization.
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 solutions for securing, controlling, tracking, and managing high-value enterprise assets, including rental cars, industrial vehicles, 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 idsy2019.wpengine.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; market forecasts; projections of earnings, revenues, synergies, accretion or other financial information; and plans, strategies and objectives of management for future operations, including integration plans in connection with acquisitions. 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, 2012. 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, and expressly disclaims any obligation to do so, whether as a result of new information, future events or otherwise.

Woodcliff Lake, NJ, July 1, 2013—I.D. Systems, Inc. (Nasdaq: IDSY), a leading provider of wireless solutions for tracking, securing and managing high-value enterprise assets, has received a purchase order from The Raymond Corporation, a leading global provider of material handling solutions, to deploy I.D. Systems’ Powerfleet® wireless vehicle management system on a fleet of lift trucks at a distribution center of a North American Fortune 100 corporation.
Raymond, through a marketing agreement with I.D. Systems, offers Powerfleet as part of its iWAREHOUSE® Enterprise solution—one of a set of solutions that is part of Raymond’s iWAREHOUSE fleet optimization system—which turns collected information into data to help identify opportunities for fleet and warehouse improvement.
“This purchase order signals an expansion of this Fortune 100 end-user’s investment in the Powerfleet and iWAREHOUSE systems,” said Kenneth Ehrman, president of I.D. Systems. “The end-user previously tested our best-practice wireless vehicle management system in a successful pilot program, which demonstrated the operational and economic value of our technology. Raymond continues to be a valuable channel collaborator and we look forward to continue growing our business with Raymond, as well as this end-user.”
About Wireless Vehicle Management Systems
A wireless vehicle management system (VMS) helps improve material handling productivity by establishing accountability for the use of equipment, ensuring equipment is in the proper place at the right time, and providing unique fleet utilization metrics. A wireless VMS also helps reduce industrial 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, a wireless VMS helps improve workplace safety and security by restricting vehicle access to trained, authorized operators, providing electronic vehicle inspection checklists, and managing vehicle impacts.
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 solutions for securing, controlling, tracking, and managing high-value enterprise assets, including rental cars, industrial vehicles, 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 idsy2019.wpengine.com.
About The Raymond Corporation
The Raymond Corporation is a global provider of unmatched material handling technology, expertise and support to increase productivity and cost-efficiency. Designed with ecological and economical benefits in mind, Raymond® lift trucks are engineered to achieve higher performance and increase efficiency. Raymond offers a full line of manual and electric lift trucks — including pallet trucks, walkie stackers, counterbalanced trucks, reach trucks, orderpickers and turret trucks — and iWAREHOUSE®, complete with iWAREHOUSE Essential™ and iWAREHOUSE Enterprise™, to manage lift truck fleets, labor efficiencies and warehouses. Additionally, flexible automation solutions and industry-leading consultation from Raymond further enhance warehouse processes and streamline material handling practices. Learn more at www.raymondcorp.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; market forecasts; projections of earnings, revenues, synergies, accretion or other financial information; and plans, strategies and objectives of management for future operations, including integration plans in connection with acquisitions. 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, 2012. 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, and expressly disclaims any obligation to do so, whether as a result of new information, future events or otherwise.