I.D. Systems Awarded Contract by Ford Motor Co. To Expand Internet Capabilities of Fleet Management System
3 August 2000
I.D. Systems Awarded Contract by Ford Motor Co. To Expand Internet Capabilities of Fleet Management SystemHACKENSACK, N.J. - I.D. Systems, Inc., a leading provider of end-to-end wireless asset management solutions, today announced that it has received an order from Ford Motor Co. to initiate development of the next generation of Internet-based fleet management technology for its Industrial Vehicle Electronic Control System. The contract is a significant step in expanding the company's role in industrial fleet management. I.D. Systems and the automaker are currently prioritizing plant roll-out for the first generation of IVECS, which incorporates Internet-based features that impact industrial vehicle safety, utilization and maintenance. Under the new contract, I.D. Systems will create an Internet-based asset management system for Ford, to be known as the Enterprise Wireless Asset Net(TM) (eWAN(TM)). The new eWAN system will expand functionality in numerous areas, including lease management, enterprise-wide forecasting, supplier management, and equipment transfer. The assets under management will include all of Ford's industrial vehicles, batteries, chargers, and other vehicle support equipment. Michael Ehrman, I.D. Systems Executive Vice President of Engineering, said, "The award of this contract reflects I.D. Systems' successful development of an enterprise-wide wireless asset management system that meets Ford's needs. We are very excited about Ford's decision to expand the scope of our work to encompass a solution for their entire fleet of industrial equipment. We also look forward to expanding and deploying the new Internet-based technology into other applications and for other customers." Ehrman continued, "This program will provide Ford with a central data repository for its plants and will help Ford Motor Company achieve a new level of wireless, automated control over its industrial equipment around the world." About the Company Based in Hackensack, New Jersey, I.D. Systems, Inc. is a leading provider of wireless solutions for corporate asset management. Companies implementing the I.D. Systems' patented products include DaimlerChrysler Corp., Dana Commercial Credit Corp., Federal Express Corp., Ford Motor Co., General Motors Corp., Hallmark Cards, Inc., 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.