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OTI ON TRACK INNOVATIONS LTD: All Recent News

Yapi Kredi of Turkey Selects OTI's Contactless Reader to... 11/24/2009
ISELIN, N.J., Nov. 24, 2009 (GLOBE NEWSWIRE) -- On Track Innovations Ltd. (OTI) (Nasdaq:OTIV), a global leader in contactless microprocessor-based smart card solutions for homeland security, payments, petroleum payments and other applications, today announced that Yapi Kredi of Turkey has placed an additional order to expand its MasterCard PayPass contactless payment program, bringing the total number of readers to be delivered to Yapi Kredi this year to 2,500 of OTI's Saturn 6000 contactless readers. Yapi Kredi is Turkey's first privately-owned bank with a nationwide presence and the fourth... GlobeNewswire
On Track Innovations Ltd. (OTI) Schedules Nine Months 2009... 11/24/2009
ISELIN, N.J., Nov. 24, 2009 (GLOBE NEWSWIRE) -- On Track Innovations Ltd., (OTI) (Nasdaq:OTIV), a global leader in contactless microprocessor-based smart card solutions for homeland security, payments, petroleum payments and other applications, announced today that it will report first nine months 2009 financial results on Monday, November 30, at 9:30 a.m. Eastern Standard Time. The Company has scheduled a conference call and simultaneous Web cast that will be hosted by Oded Bashan, Chairman and CEO, Ohad Bashan, President and Tanir Horn, CFO. To participate, call:... GlobeNewswire
OTI to Present Innovative New Products for Mobile Payments and... 11/16/2009
ISELIN, N.J., Nov. 16, 2009 (GLOBE NEWSWIRE) -- On Track Innovations Ltd. (OTI) (Nasdaq:OTIV), a global leader in contactless microprocessor-based smart card solutions, will showcase its range of contactless solutions at the CARTES and IDentification show in Paris in booth 4 K 017 between November 17-19 at the Paris-Nord Villepinte Exhibition Center in Paris, France. GlobeNewswire
SMARTRAC Acquires OTI's and MCT's Inlay Manufacturing Assets... 11/6/2009
AMSTERDAM, The Netherlands and ISELIN, N.J., Nov. 6, 2009 (GLOBE NEWSWIRE) -- SMARTRAC N.V. (FSE XETRA:SM7), a leading manufacturer and supplier of RFID transponders, and On Track Innovations Ltd, (OTI) (Nasdaq:OTIV), a global leader in contactless microprocessor-based smart card solutions for homeland security, payments, petroleum payments and other applications, today announced that they have signed binding agreements by which SMARTRAC acquires the assets of OTI's subsidiary Millennium Card's Technology Ltd. (MCT) and the machinery and inlay production intellectual property from OTI for EUR... GlobeNewswire
OTI's Wholly Owned Subsidiary in Poland -- ASEC --- Wins... 11/4/2009
ISELIN, N.J., Nov. 4, 2009 (GLOBE NEWSWIRE) -- On Track Innovations Ltd (OTI) (Nasdaq:OTIV), a global leader in contactless microprocessor-based smart card solutions for homeland security, payments, petroleum payments and other applications, today announced that its subsidiary in Poland, ASEC S.A. ("ASEC"), will provide the Transport Department of the City of Warsaw with 700,000 public transportation and street parking contactless e-tickets. Warsaw residents use OTI's contactless cards for bus, tram, and metro rides, as well as for street parking. The contract award deliveries are expected to... GlobeNewswire
China's Ministry of Foreign Affairs Selects OTI and... 10/28/2009
ISELIN, N.J., Oct. 28, 2009 (GLOBE NEWSWIRE) -- On Track Innovations Ltd, (OTI) (Nasdaq:OTIV), a global leader in contactless microprocessor-based smart card solutions, for homeland security, payments, petroleum payments and other applications, today announced that its Chinese partner HuaDa-ZhiBao Electronic Systems Ltd received a notice of award for the supply of Optical Character Recognition (OCR) units for China's Ministry of Foreign Affairs (MFA) electronic passport program, geared towards China's MFA passport holders. The MFA issues passports to diplomats and entry visas to China. The... GlobeNewswire

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