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Woodcliff Lak company signs $500K agreement with airline

2014-11-04 08:36:08| Electronics - Topix.net

I.D. Systems Inc., a Woodcliff Lake-based provider of wireless machine-to-machine asset management solutions, said Monday that it completed a license agreement with an unnamed global airline in a deal whose potential maximum value could be $7 million, said the company in a news release. The initial statement of work under the agreement, valued at more than $500,000, calls for I.D. Systems to deploy its AvRamp vehicle management system at one airport.

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