IDSY: Awarded USD1.1M Contract by United States Postal Service
I.D. Systems, Inc. (IDSY) announced that it has been awarded a development contract by the United States Postal Service (USPS) to integrate automated material flow management capabilities into I.D. Systems’ Wireless Asset Net(R) industrial vehicle management system. The contract is valued at approximately USD1.1 million, subject to certain terms and conditions, with work expected to commence immediately. The development project defined by the new contract was conceived to analyze certain productivity metrics of vehicle-related material handling, forecast periodic work loads, and dynamically optimize material movement in a distribution center environment. KNOBIAS DISCLAIMER: All statements made in this article were made by the Company and do not in any way reflect the opinions of Knobias. Knobias is not a registered broker-dealer, nor investment advisor, and does not endorse or recommend any securities mentioned. This story is provided for informational purposes only and is not intended for trading purposes. Knobias shall not be liable for any actions taken in reliance of any information provided herein. Republication or redistribution of Knobias content is expressly prohibited without prior written consent of Knobias.com, LLC. ABOUT KNOBIAS: Knobias is a premier financial information provider of trading and investing data covering all U.S. equities for investors and security professionals. Knobias is best described by its three major components: Real-time desktop applications providing quotes, charts, level 2, analysis etc.; Knobias RAiDAR providing thousands of real-time news stories, alerts and documents daily; Knobias fundamentals providing a comprehensive database of fundamental research information.
