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ID Systems Inc. (IDSY)

At 4:59AM SGT: 2.83 USD  Down 0.02 (0.70%)  
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ID Systems Inc.
One University Plaza
6th Floor
Hackensack, NJ 07601
Phone: 201-996-9000
Fax: 201-996-9144
Web Site: http://www.id-systems.com

 DETAILS 
Index Membership:N/A
Sector:Technology
Industry:Communication Equipment
Employees (last reported count):99

 REUTERS ABRIDGED BUSINESS SUMMARY 
I.D. Systems, Inc. develops, markets, and sells wireless solutions for managing and securing enterprise assets in North America. The company offers Wireless Asset Net system, which utilizes radio frequency identification (RFID) technology and enables the organizations to control, track, monitor, and analyze their assets, such as forklifts, airport ground support equipment, and rental vehicles. Its products and services include On-Asset Hardware, which is designed to provide asset control and monitoring; Wireless Asset Managers that conduct two-way radio frequency (RF) communications with the assets being monitored and communicate on either a local or wide area network; Server Software, which manages data communications between the system’s database and either the Wireless Asset Managers or On-Asset Hardware; and Client Software. The company also offers Battery ChaMP, which provides automatic data uploads, real-time system visibility, and data collection for electric vehicle batteries and chargers; and Line Asset Communicator, a wireless messaging device that triggers automatic real-time task requests via radio frequency. In addition, it provides maintenance, customer support, and consulting services. The company markets and sells its products and services to various customers in the commercial and government sectors, including automotive manufacturing, heavy industry, retail and wholesale distribution, aerospace and defense, homeland security, and vehicle rental. I.D. Systems, Inc. was founded in 1993 and is based in Hackensack, New Jersey.
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     REUTERS ABRIDGED FINANCIAL SUMMARY 
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     OFFICERS 
     PayExercised
    Mr. Jeffrey Jagid , 41
    Chairman, Chief Exec. Officer and Gen. Counsel
    $ 387.00K $ 580.00K
    Mr. Kenneth S. Ehrman , 40
    Founder, Pres, Chief Operating Officer
    $ 311.00K $ 298.00K
    Mr. Ned Mavrommatis , 39
    Chief Financial Officer, Principal Accounting Officer, Sec. and Treasurer
    $ 311.00K $ 0
    Mr. Michael L. Ehrman , 38
    Exec. VP of Engineering
    $ 296.00K $ 684.00K
    Mr. Peter Fausel , 50
    Exec. VP of Sales, Marketing and Customer Support
    $ 407.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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