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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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September 18, 2014
09:37 EDTIDSYI.D. Systems receives follow-on order of $300,000 for PowerFleet
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September 17, 2014
10:00 EDTIDSYOn The Fly: Analyst Initiation Summary
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09:02 EDTIDSYI.D. Systems receives $900K follow-on orders
I.D. Systems has received a series of follow-on purchase orders for its PowerFleet wireless industrial Vehicle Management System from a leading global consumer packaged goods company, a current customer. In aggregate, the orders are valued at approximately $900,000. After delivery of the orders, I.D. Systems will have provided more than 1,500 PowerFleet systems for this customer worldwide.
07:07 EDTIDSYI.D. Systems initiated with a Buy at B. Riley
Target $9.

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