I.D. Systems (NASDAQ: IDSY) said it has entered into a contract with one of the largest truckload carriers in North America to deploy its VeriWise Intermodal Cellular container management system on a fleet of intermodal containers.
The contract is valued at more than USD700,000 over five years.
The VeriWise Intermodal Cellular system features real-time location tracking via GPS satellites and GSM cellular technology, a low-profile, modular design that enables simple, secure installation–between either the horizontal or vertical corrugated ridges of a standard intermodal container–in under 30 minutes, and a patent-pending, light-based cargo sensor that provides the functionality of a wired door sensor without the installation cost or risk of damage to exposed cables.
Headquartered in Woodcliff Lake, New Jersey, with subsidiaries in Texas, Germany, and the United Kingdom, I.D. Systems is a leading global provider of wireless solutions for securing, controlling, tracking, and managing high-value enterprise assets, including rental cars, industrial vehicles, trailers, containers, and cargo. For more information, visit www.id-systems.com.