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Stock Market & Financial Investment News

News Breaks
June 24, 2014
09:12 EDTIDSYI.D. Systems executes contract with U.S. railroad
I.D. Systems has executed a contract with a U.S. railroad to deploy its VeriWise Track and Trace system on a fleet of intermodal containers. The 60-month contract with the railroad is valued at over $500k. The Track and Trace system provides asset location via GPS, cellular communications and web-based software. The system installs quickly and features patented power management technology for long, maintenance-free battery life.
News For IDSY From The Last 14 Days
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May 21, 2015
09:14 EDTIDSYI.D. Systems receives allowance of patent on remote vehicle rental system
I.D. Systems has received a notice of allowance from the United States Patent and Trademark Office for a patent on a remote vehicle rental system. The system incorporates unique methods for enabling access to a vehicle remotely, utilizing a device connected to a vehicle’s control system via a standard OBD-II diagnostic port. The vehicle-mounted device communicates with portable electronic devices, such as smart phones, via short-range radio frequency, including Bluetooth, to enable authorized renters to unlock the vehicles’ doors and energize the vehicle through various access control methods.

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