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Stock Market & Financial Investment News

News Breaks
March 19, 2014
09:05 EDTIDSYI.D. Systems awarded contract valued up to $4M from U.S. Postal Service
I.D. Systems has received a contract from the U.S. Postal Service to begin to upgrade and expand the company's wireless Vehicle Management Systems, or VMS, across the USPS mail distribution network. Since awarding I.D. Systems a national contract in 2005, the USPS has deployed the company's VMS technology on more than 5,000 industrial vehicles in over 100 facilities. The new contract has an initial period of performance to September 30, with a potential value of up to $4M. This is an indefinite delivery/indefinite quantity contract, in which exact quantities, times and places of product deliveries are not known at the time of contract award. It is also a fixed price contract, with agreed upon pricing in effect for the full contract term.
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August 11, 2014
09:08 EDTIDSYI.D. Systems awarded patent for vehicle impact management systems
I.D. Systems has been awarded United States patent number 8,762,009 for an automatic method of sensing, recording and reporting vehicle impacts. The patent is applicable to all of the company's business segments: vehicle management systems for industrial trucks, rental fleet management systems, and transportation asset management systems for trailers, containers, chassis and other cargo assets.
August 7, 2014
16:11 EDTIDSYI.D. Systems reports Q2 non-GAAP EPS (9c), consensus (8c)
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