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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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July 29, 2014
09:06 EDTIDSYI.D. Systems announces contract with Knight Transportation
I.D. Systems (IDSY) has executed a contract with Knight Transportation (KNX) to expand Knight's deployment of VeriWise trailer management solutions from I.D. Systems' Asset Intelligence subsidiary. Knight, an Asset Intelligence customer since 2000, will add more than 400 tracking systems to its trailer fleet under the contract, including VeriWise Reefer Control systems for refrigerated trailers and VeriWise Dry Van systems, with cargo sensing, for dry van trailers.
July 23, 2014
08:53 EDTIDSYI.D. Systems management to meet with Lake Street
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July 22, 2014
08:14 EDTIDSYI.D. Systems appoints Norman Ellis as COO
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