Weyerhaeuser Purchases Wireless Fleet Management Technology From I.D. Systems
I.D. Systems, Inc. (NASDAQ:IDSY) , a leading provider of wireless solutions for industrial vehicle management, today announced that it has received purchase orders for its Wireless Asset Net fleet management system from Weyerhaeuser Company, a Fortune 200 forest products company, and Linde Material Handling North America Corporation, a subsidiary of one of the world's largest lift truck manufacturers. Linde plans to embed the cost of the system's vehicle-mounted hardware into its vehicle leases with Weyerhaeuser, which will deploy the system at a facility in Oklahoma.
"These orders are gratifying for us on several levels," said Rick Muntz, I.D. Systems' executive vice president of sales, marketing and customer satisfaction. "First and foremost, we have added another great company to our customer base; Weyerhaeuser is prominent in its industry and we view this as an opportunity to grow our business within its global enterprise. Second, we continue to develop and capitalize on our relationships with equipment manufacturers like Linde North America. We believe the more we succeed in getting our system embedded with the vehicle, as part of the end-user's initial purchase, the more effectively we will be able to increase market share and position wireless fleet management as a best practice."
About I.D. Systems, Inc.
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 http://www.id-systems.com/.