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): February 16, 2006

                               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                   File Number)               Identification No.)
 Incorporation)

  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 February 16, 2006, I.D. Systems, Inc. (the "Registrant") issued a press
release regarding results for the fiscal year ended December 31, 2005. 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
year ended December 31, 2005. 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. 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 February 16, 2006


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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: February 16, 2006



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