I.D. SYSTEMS, INC. (NASDAQ:IDSY) Files An 8-K Other Events

Item 8.01. Other Events.

On May 31, 2017, I.D. Systems, Inc. and TechCXO, LLC mutually
terminated the Consulting Services Agreement, dated October 24,
2016 (the Agreement), effectively immediately.

About I.D. SYSTEMS, INC. (NASDAQ:IDSY)

I.D. Systems, Inc. (I.D. Systems) develops, markets and sells wireless machine-to-machine solutions for managing and securing enterprise assets, which include industrial vehicles, such as forklifts and airport ground support equipment, rental vehicles, and transportation assets, such as dry van trailers, refrigerated trailers, railcars and containers. Its systems utilize radio frequency identification (RFID), wireless fidelity (Wi-Fi), satellite or cellular communications, and sensor technology and software to control, track, monitor and analyze assets. It provides data reporting and analysis software tool platform, I.D. Systems Analytics PowerFleet IQ (for fleets of forklifts and other industrial trucks) and VeriWise IQ (for fleets of containers, trailers and other transportation assets). Its solutions include industrial and rental fleet asset management, industrial fleet asset management, transportation asset management and rental fleet asset management solutions.

I.D. SYSTEMS, INC. (NASDAQ:IDSY) Recent Trading Information

I.D. SYSTEMS, INC. (NASDAQ:IDSY) closed its last trading session up +0.07 at 6.64 with 18,320 shares trading hands.