I.D. Systems and Jungheinrich AG Sign Global Technology Agreement
ID SYSTEMS (IDSY)
Last id systems earnings: 8/1 04:00 pm
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US:NASDAQ Investor Relations:
ir.id-systems.com/investor-overview
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Source: GlobeNewswire
WOODCLIFF LAKE, N.J., Feb. 07, 2019 (GLOBE NEWSWIRE) -- I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management and Industrial Internet of Things (IoT) technology, announced today a multi-year fleet management system agreement covering several thousand units with Jungheinrich AG (OTCMKTS: JGHAF), a leading solution provider in intralogistics. Jungheinrich will leverage I.D. Systems’ PowerFleet technologies to track and manage forklift fleets for their customers. Through this partnership, Jungheinrich will combine its world-class expertise with the industry leading telemetry capabilities of I.D. Systems to offer the best choice of digital products on their Material Handling Equipment. This technology partnership will provide Jungheinrich customers with an enhanced ability to reduce overhead costs, improve safety and compliance, and streamline operations. “We are thrilled to be partnering with Jungheinrich, one of the world's most successful intralogisti
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