Item 8.01. Other Events

On August 13, 2008, I.D. Systems, Inc. (the "Company") received from Wal-Mart Stores, Inc. ("Wal-Mart") an order for the implementation of the Company's Wireless Asset NetŪ industrial vehicle management system at 29 additional Wal-Mart sites located in the United States. The order brings the total number of Wal-Mart facilities utilizing the Wireless Asset Net to 50. This order was made in connection with the agreement between the Company and Wal-Mart, dated July 14, 2006, which sets forth the terms and conditions under which the Company has agreed to provide, and Wal-Mart has agreed to license and/or purchase, software, hardware and support and/or professional services associated with the Wireless Asset Net.

Forward Looking Statements

This Current Report on Form 8-K contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. 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 Company believes that the expectations reflected in such forward-looking statements are reasonable, the Company 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 Company cannot guarantee the accuracy of the forward-looking statements, and you should be aware that the Company'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 Company's filings with the Securities and Exchange Commission.

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