Woodcliff Lake, NJ — May 16, 2019 — I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management and Industrial Internet of Things (IoT) technology, and Pointer Telocation Ltd. (NASDAQ: PNTR), a leading provider of telematics and mobile IoT solutions, are scheduled to participate at three financial conferences in the month of May 2019:
B. Riley FBR Investor Conference
Date: Thursday, May 23 at 4:00 p.m. Eastern time
Location: Beverly Hilton Hotel in Beverly Hills, CA
Ladenburg Thalmann Technology Expo
Date: Thursday, May 30, 2019 at 8:30 a.m. Eastern time
Location: Park Avenue Convene in New York, NY
Cowen Technology, Media & Telecom (TMT) Conference
Date: Thursday, May 30, 2019 (one-on-one meetings only)
Location: Lotte New York Palace in New York, NY
On March 13, 2019,the companies entered into a definitive agreement whereby I.D. Systems will acquire all of the outstanding shares of Pointer Telocation in a cash and stock transaction. The combination will create a leading, global IoT telematics software-driven business with sustainable recurring revenue and profitability at competitive scale.
About I.D. Systems
Headquartered in Woodcliff Lake, New Jersey, with subsidiaries in Texas, Florida, 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 such as industrial vehicles, rental cars, trailers, containers, and cargo. The company’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. For more information, please visit www.id-systems.com, the content of which does not form a part of this press release.
About Pointer Telocation
For more than 20 years, Pointer has rewritten the rules for the MRM market and is a pioneer in the Connected Car segment. Pointer has deep knowledge of the needs of the MRM market and developed a full suite of tools, technology and services to address them. The company’s innovative cloud-based SaaS platform extracts and captures an organization’s critical mobility data points, analyzes it and provides customers with actionable insights to improve their bottom lines. For more information, please visit www.pointer.com, the content of which does not form a part of this press release.
You can find the complete release here