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Last $5.60 USD
Change Today +0.28 / 5.26%
Volume 9.3K
IDSY On Other Exchanges
Symbol
Exchange
NASDAQ GM
As of 1:17 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

id systems inc (IDSY) Key Developments

ID Systems Inc. Approves Amendments to the Amended and Restated Certificate of Incorporation

ID Systems Inc. announced that at the AGM held on June 23, 2015, it has approved an amendment to the company's amended and restated certificate of incorporation, as amended to grant the Board the authority to adopt, amend or repeal the bylaws of the company without the approval of the stockholders.

Toyota Motor deploys I.D. Systems' PowerFleet VMS for industrial truck fleet

ID Systems Inc. announced that Toyota Motor Manufacturing Texas Inc., or TMMTX, has purchased its PowerFleet Vehicle Management System, or VMS, to deploy on a fleet of material handling equipment at TMMTX's San Antonio production facility. This is the seventh Toyota manufacturing plant in North America to deploy I.D. Systems' wireless technology for managing industrial vehicle fleets. The system being deployed at TMMTX will include I.D. Systems' "VAC4" Vehicle Asset Communicator on material handling equipment, PowerFleet Vision software remotely hosted by I.D. Systems, and a service and support contract over a five-year term. A wireless VMS also helps reduce fleet maintenance costs by automatically uploading vehicle data, reporting vehicle problems electronically, scheduling maintenance according to actual usage rather than by calendar time, and helping determine the optimal economic time to replace equipment. In addition, a wireless VMS helps improve supply chain productivity by establishing accountability for the use of equipment, ensuring equipment is in the proper place at the right time, streamlining material handling work flow, and providing unique metrics on equipment utilization. The VAC4 simplifies VMS installation on industrial trucks, with an installation time of as little as one hour, enables VMS to be more easily hosted as a remote service, and enhances VMS functionality. The VAC4 is a versatile platform for a variety of wireless solutions, including Wi-Fi, VHF and cellular, which support cloud-hosting.

Toyota Motor Manufacturing Texas Deploys D. Systems, Inc.'s Wireless Vehicle Management System for Industrial Truck Fleet

D. Systems Inc. announced that Toyota Motor Manufacturing Texas Inc. has purchased its PowerFleet Vehicle Management System (VMS) to deploy on a fleet of material handling equipment at TMMTX’s San Antonio production facility. This is the seventh Toyota manufacturing plant in North America to deploy I.D. Systems’ wireless technology for managing industrial vehicle fleets. The system being deployed at TMMTX will include I.D. Systems’ “VAC4” fourth-generation Vehicle Asset Communicator on material handling equipment, PowerFleet® Vision software remotely hosted by I.D. Systems, and a service and support contract over a five-year term.

ID Systems Inc. to Amend and Restate its Certificate of Incorporation

ID Systems Inc. in its AGM to be held on June 23, 2015, proposed to approve an amendment to the Company’s Amended and Restated Certificate of Incorporation, as amended, to grant the Board of Directors of the Company the authority to adopt, amend or repeal the bylaws of the Company without the approval of the stockholders.

ID Systems Inc., Annual General Meeting, Jun 23, 2015

ID Systems Inc., Annual General Meeting, Jun 23, 2015., at 10:00 US Eastern Standard Time. Location: Lowenstein Sandler LLP, located at 1251 Avenue of the Americas. Agenda: To elect five (5) directors, the names of whom are set out in the accompanying Proxy Statement, each to serve until the Company’s 2016 annual meeting of stockholders and until their respective successors are duly elected and qualified; to approve an amendment to the Company’s Amended and Restated Certificate of Incorporation, as amended, to grant the Board of Directors of the Company the authority to adopt, amend or repeal the bylaws of the Company without the approval of the stockholders; to approve and adopt the company 2015 Equity Compensation Plan; to vote upon the ratification of the appointment of EisnerAmper LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2015; to hold an advisory (non-binding) vote to approve the Company’s executive compensation; and to transact such other business as may properly come before the Annual Meeting.

 

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