Unassociated Document
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of
Report (Date of earliest event reported): March 4, 2008
I.D.
SYSTEMS, INC.
(Exact
Name of Registrant as Specified in Charter)
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Delaware
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001-15087
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22-3270799
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(State
Or Other
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(Commission
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(IRS
Employer
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Jurisdiction
Of
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File
Number)
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Identification
No.)
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Incorporation)
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One
University Plaza, Hackensack, NJ
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07601
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(Address
of Principal Executive Offices)
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(Zip
Code)
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Registrant's
telephone number, including area code (201)
996-9000
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
(17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
(17 CFR 240.13e-4(c))
Item
2.02. Results of Operations and Financial Condition.
On
March
4, 2008, I.D. Systems, Inc. (the “Registrant”) issued a press release regarding
results for the fourth quarter and year ended December 31, 2007 and expected
financial results for the year ending December 31, 2008. A copy of this press
release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The
information in this report is being furnished pursuant to Item 2.02 of Form
8-K,
insofar as it discloses historical information regarding the Registrant’s
results of operations and financial condition as of, and for the fourth quarter
and year ended December 31, 2007. In accordance with General Instructions B.2
of
Form 8-K, the information in this Current Report on Form 8-K, including Exhibit
99.1, shall not be deemed “filed” for the purposes of Section 18 of the
Securities Exchange Act of 1934, as amended, or otherwise subject to the
liability of that section, nor shall it be deemed incorporated by reference
in
any filing under the Securities Act of 1933, as amended, except as shall be
expressly set forth by specific reference in such a filing.
Forward
Looking Statements
This
Current Report on Form 8-K, including Exhibit 99.1, contains forward-looking
statements made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, such as the Registrant’s expected financial
results for the year ending December 31, 2008. Forward-looking statements
typically are identified by use of terms such as “may,” “will,” “should,”
“plan,” “expect,” “anticipate,” “estimate” and similar words, although some
forward-looking statements are expressed differently. Forward-looking statements
represent our management’s judgment regarding future events. Although the
Registrant believes that the expectations reflected in such forward-looking
statements are reasonable, the Registrant can give no assurance that such
expectations will prove to be correct. All statements other than statements
of
historical fact included in this Current Report on Form 8-K regarding our
financial position, financial guidance, business strategy, products, markets,
plans or objectives for future operations are forward-looking statements. The
Registrant cannot guarantee the accuracy of the forward-looking statements,
and
you should be aware that the Registrant’s actual results could differ materially
from those contained in the forward-looking statements due to a number of
factors, including the statements under the heading “Risk Factors” contained in
the Registrant’s filings with the Securities and Exchange
Commission.
Item
9.01. Financial Statements and Exhibits.
(d) Exhibits
As
described above, the following Exhibit is furnished as part of this Current
Report on Form 8-K:
Exhibit
99.1 - Press release dated March 4, 2008.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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I.D.
SYSTEMS, INC.
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By:
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/s/
Ned Mavrommatis
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Name:
Ned Mavrommatis
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Title:
Chief Financial Officer
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Date: March
4,
2008