I.D. Systems, Inc. — the Woodcliff, New Jersey, based maker of wireless M2M asset management solutions — was awarded a patent by the US Patent Office for an automatic method of sensing, recording and reporting vehicle impacts. The patent is applicable to all of the company’s business segments, which includes vehicle management systems (VMS) for industrial trucks, rental fleet management systems, and transportation asset management systems for trailers, containers, chassis and other cargo assets.
Kennth Ehrman, the company’s chairman and CEO, said the new technology will help make industrial vehicles safer.
“We believe this patent gives our solutions a significant advantage over our competitors and will help I.D. Systems extend its market leadership,” Ehrman said in a company news release. “In the VMS market, reducing the risks and costs of industrial truck accidents is often a key factor in our customers’ return on investment, and we include impact management as a standard feature in our VMS implementations. In the rental fleet market, impact management can help rental companies identify vehicle damage—a significant cost when undetected—and charge customers back if needed. Similarly, in the transportation asset market, impact management helps identify collisions and damage that might otherwise be overlooked. Beyond our core markets, we believe our impact sensing patent is relevant in any application where end users are concerned with detecting impacts on mobile assets.”
I.D. Systems has more than 75 patents issues and pending related to its wireless M2M asset management systems.