UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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                                    FORM 8-K


                                 CURRENT REPORT

                       PURSUANT TO SECTION 13 OR 15(D) OF
                        THE SECURITIES EXCHANGE ACT 1934

                         DATE OF REPORT: AUGUST 4, 2004

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                               I.D. SYSTEMS, INC.
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             (Exact name of registrant as specified in its charter)



                                                            
DELAWARE                                  001-15087                          22-3270799
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(State or other jurisdiction of     (Commission File Number)      (I.R.S. Employer Identification No.)
incorporation or organization)



                              ONE UNIVERSITY PLAZA
                              HACKENSACK, NJ 07601
                                  201-996-9000
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               (Address, including zip code, and telephone number,
        including area code, of registrant's principal executive offices)




ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

      (c)   Exhibits

      99.1  Press Release dated August 4, 2004 - I.D. Systems, Inc. Reports
            Second Quarter Financial Results


ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION

      On August 4, 2004, the Company issued a press release announcing its
results of operations and financial condition for the three and six months ended
June 30, 2004. The full text of the press release is set forth in Exhibit 99.1
attached hereto.

      Information contained in this report (including exhibits hereto) shall not
be deemed "filed" for purposes of Section 18 of the Exchange Act of 1934, as
amended, or otherwise subject to the liability of that section and shall not be
deemed incorporated by reference in any filing under the Securities Act of 1933,
as amended, or the Exchange Act of 1934, as amended.


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                                   SIGNATURES

      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.


                               I.D. SYSTEMS, INC.


                               By: /s/ Jeffrey M. Jagid
                                   ----------------------------
                                   Name: Jeffrey M. Jagid
                                   Title: Chief Executive Officer and President

                               I.D. SYSTEMS, INC.

                               By: /s/ Ned Mavrommatis
                                   ---------------------------
                                   Name: Ned Mavrommatis
                                   Title: Chief Financial Officer


Dated: August 13, 2004


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