I.D. Systems Enters Contract With NACCO Materials Handling Group, Inc. To Market Wireless Fleet Management Products And Services Through Yale Materials Handling Corporation

I.D. Systems, Inc. (NASDAQ:IDSY) and NACCO Materials Handling Group, Inc. (NMHG), today announced that they have finalized an agreement under which I.D. Systems' wireless fleet management products and services will be distributed and supported through the marketing organization of Yale Materials Handling Corporation, a unit of NMHG. Yale manufactures and markets a full line of material handling lift trucks and related services, including comprehensive fleet management services, maintenance, financing and training. Yale's global sales and service organization includes more than 220 authorized dealer locations in the Americas, 85 in Europe, and 30 in the Asia-Pacific region.

"It is most gratifying to consummate this strategic alliance with NMHG; it will expose our unique wireless solutions to a new, significantly larger audience of potential customers, through Yale's world-class fleet management and dealer organizations," said Rick Muntz, I.D. Systems' executive vice president of sales, marketing and customer satisfaction. "Yale, its dealers and its customers will enjoy access to leading-edge vehicle control and tracking capabilities, while I.D. Systems will have the opportunity to deliver its products and services to a broad range of large and mid-sized end-users. We also look forward to leveraging Yale's extensive service and support capabilities to help install and maintain our systems as we grow our customer base."

"Yale has a strategic focus on providing superior fleet management to its customers," said Bruce Pelynio, Yale Materials Handling Corporation's Director of Parts Sales. "The flexible functionality of I.D. Systems' wireless vehicle tracking and control technology gives Yale a unique opportunity to tailor fleet management solutions to fit diverse customer needs and -- using the system's delivery of timely, accurate vehicle data -- to improve fleet maintenance efficiencies."

About I.D. Systems
Based in Hackensack, NJ, I.D. Systems, Inc. is a leading provider of wireless solutions for managing and securing high-value enterprise assets. These assets include industrial vehicles, such as forklifts and airport ground support equipment, and rental vehicles. The Company's patented Wireless Asset Net system, which utilizes radio frequency identification, or RFID, technology, addresses the needs of organizations to control track, monitor and analyze their assets.

For more information, visit Yale at http://www.yale.com/ and I.D. Systems at http://www.id-systems.com/.