I.D. Systems, Inc. Schedules Third Quarter Financial Results Release and Conference Call

    HACKENSACK, N.J.--Nov. 7, 2001--I.D. Systems, Inc. announced today that it will issue its financial results for the third quarter ended September 30, 2001 on Wednesday, November 14th, 2001, before the open of the stock market.
    Management will conduct a conference call at 10:00 a.m. ET on the same day. There will be a link to the conference call at the Investor Relations section of www.id-systems.com. To listen to the live call over the Internet, please go to the website at least 15 minutes early to register, download and install any necessary audio software.
    If you are unable to listen live, a telephone replay can be accessed at (877) 519-4471; you will need to enter the PIN number 2949568 when prompted. The telephone replay will be available for one week after the live call. In addition, the archived conference call can be accessed via Internet at the Company's website for approximately 30 days.

    About I.D. Systems

    Based in Hackensack, New Jersey, I.D. Systems, Inc. is a leading provider of wireless solutions for corporate asset management. I.D. Systems' customers include British Airways, DaimlerChrysler, Deere & Co., Ford Motor Co., General Motors, Hallmark Cards, the Union Pacific Railroad, the U.S. Navy, and the U.S. Postal Service. Using local area networks, wide area networks, and the Internet, the company's systems enable management to control and track the location and status of their assets--from letters and containers to forklifts and railcars--in real time.
    I.D. Systems' wireless fleet management system provides comprehensive solutions to the cost and safety issues facing managers of industrial equipment fleets. The company's system integrates diverse functionality, including wireless remote vehicle access control, electronic vehicle safety inspection checklists, advanced detection and analysis of true vehicle utilization, real-time vehicle location tracking, automatic real-time e-mail notification of critical safety-related events, and automated maintenance planning with real-time alerts for urgent repair issues.

    For more information on I.D. Systems, Inc., visit www.id-systems.com.