| Business Summary | | I.D.
Systems,
Inc.
designs,
develops,
and
produces
wireless
monitoring
and
tracking
solutions
that
utilize
its
patented
radio
frequency-based
system
and
Internet-based
data
management
technology.
The
Company's
products
are
designed
to
enable
users
to
improve
operating
efficiencies,
reduce
costs
and
increase
profits.
Its
principal
customers
include
DaimlerChrysler
Corporation,
Dana
Commercial
Credit
Corporation,
a
wholly
owned
subsidiary
of
Dana
Corporation,
Federal
Express
Corporation,
Ford
Motor
Company,
General
Motor
Corporation,
Hallmark
Cards,
Inc.,
QVC
Inc.,
Union
Pacific
Railroad
a
subsidiary
of
Union
Pacific
Corporation
and
the
United
States
Postal
Service. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | I.D.
Systems,
Inc.
designs,
develops
and
produces
a
wireless
monitoring
and
tracking
system
that
uses
radio
frequency
technology
for
the
monitoring,
tracking,
anaylzing
and
controlling
of
any
object,
including
vehicles,
equipment
and
packages.
For
the
six
months
ended
6/30/01,
revenues
fell
32%
to
$424
thousand.
Net
loss
increased
17%
to
$1.7
million.
Results
reflect
reduced
amounts
earned
under
the
USPS
contract,
partially
offset
by
a
decrease
in
payroll. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jeffrey Jagid, 32 CEO,
Gen. Counsel, Director | $120K | Ned Mavrommatis, 30 CFO | 100K | Kenneth Ehrman, 31 COO,
Director | 120K | Michael Ehrman, 28 Exec.
VP of Engineering | 108K | Bruce Jagid, 61 Treasurer,
Director | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|