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): November 3, 2004

                               I.D. SYSTEMS, INC.
                               ------------------
               (Exact Name of Registrant as Specified in Charter)

         Delaware                       001-15087                22-3270799
         --------                       ---------                ----------
(State Or Other                       (Commission           (IRS Employer
 Jurisdiction Of Incorporation)        File Number)          Identification No.)

      One University Plaza, Hackensack, NJ                 07601
      ------------------------------------                 -----
    (Address of Principal Executive Offices)            (Zip Code)

        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):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

[ ] Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))


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ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

      On November 3, 2004, I.D. Systems,  Inc. (the "Registrant") issued a press
release regarding results for the third quarter ended September 30, 2004. 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
third quarter ended September 30, 2004. 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.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

      (c) 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 November 3, 2004


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                                    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.

                                           I.D. SYSTEMS, INC.


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

Date: November 3, 2004


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