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  September 5, 2001
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Home > Company Index > Electronics & Misc. Technology > Miscellaneous Electronics > I.D. Systems, Inc.

I.D. Systems, Inc.
Nasdaq (SC): IDSY
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 PROFILE
I.D. Systems is trying to get its tracking business on track. The company's wireless systems track, analyze, and control the movements of objects such as packages and vehicles. Its systems use radio-frequency technology and tiny computers attached to the object to be monitored, and users can access tracking data via the Internet. The company's sales have dropped considerably following the completion of a contract with the US Postal Service (70% of sales in 1999). I.D. Other customers include DaimlerCrysler, FedEx, Ford, and Union Pacific Railroad. Founders Kenneth Ehrman (COO), Bert Loosmore (director), Bruce Jagid (treasurer), and Martin Rosansky (secretary) each own about 10% of the company.

 COMPETITION
Motorola, Inc. (MOT)
Raytheon Company (RTN)
Texas Instruments Incorporated (TXN)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 0.90
1-Yr. Sales Growth: (83.9)%
Employees: 37
Revenue per employee: $24,324.32

 KEY PEOPLE
• Jeffrey M. Jagid
    CEO
• Ned Mavrommatis
    CFO

 CONTACT INFO
1 University Plaza
Hackensack, NJ 07601
US
Phone: 201-670-9000
Fax: 201-670-9222
Online: Web Site

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