I.D. Systems receives purchase orders from food producer I.D. Systems received purchase orders from one of the world's "leading" food producers, a current customer, to deploy its PowerFleet wireless Vehicle Management System on a fleet of industrial trucks at a manufacturing and distribution facility. This will be the customer's sixth site in North America to implement the PowerFleet VMS. The orders are valued at approximately $200k.
I.D. Systems receives three-year contract extension from Walmart I.D. Systems (IDSY) has executed a three-year extension of its contract with Walmart Stores (WMT) to provide VeriWise trailer tracking and management services for Walmart's fleet of cargo trailers. The contract extension, which runs through October, 2017, has a maximum aggregate value of approximately $14M.