I.D. Systems, Inc. (NASDAQ: IDSY) said it will deploy its VeriWise Track and Trace system on a fleet of intermodal container chassis for Duncan and Son Lines, Inc., a provider of intermodal container transportation services.
Under a 60-month service contract, the financial terms of which were not disclosed, I.D. Systems will provide asset monitoring and data communication services, including data integration with Duncan´s TMW dispatch software, to help automate the conversion of asset data into service actions.
The Track and Trace system provides real-time asset location via GPS, cellular communications and web-based software. The system installs quickly and features patented power management technology for long, maintenance-free battery life.
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 M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets, including industrial vehicles, rental cars, containers, trailers, and cargo. For more information, visit www.id-systems.com.