ISELIN, N.J., Jan. 25, 2012 (GLOBE NEWSWIRE) -- On Track Innovations Ltd. ("OTI") (Nasdaq:OTIV) today announced that Ohad Bashan, President of OTI, will be presenting at the Merriman Capital Investor Summit at 10:00 a.m. (Eastern) on Wednesday, February 1, 2012, at the InterContinental Times Square Hotel in New York City.
A presentation regarding OTI's market positioning, financial performance and strategic direction will be provided.
The applications developed by OTI include, among others, the following:
- SmartID™ - a complete end-to-end in house solution for homeland security, such as national ID cards, e-passports, driver's license, voter ID and more, including MediSmart™ - a solution for transforming patient's Electronic Health Record (EHR) to a portable medium.
- Payments – supporting contactless payment and NFC solutions, including EasyPark™, an in-vehicle parking meter solution.
- EasyFuel™ – a fuel management and petroleum solution.
A webcast of the presentation will be available at:
http://www.wsw.com/webcast/mcm14/otiv/
About On Track Innovations Ltd. (www.otiglobal.com)
On Track Innovations Ltd. ("OTI") designs, develops and markets secure identification, payment and transaction processing technologies and solutions for use in secure ID, payment and loyalty applications based on its extensive patent and IP portfolio. OTI combines state-of-the-art, contactless microprocessor-based technologies and enabling hardware with proprietary software applications to deliver high performance, end-to-end solutions that are secure, robust and scalable. OTI solutions have been deployed around the world to address homeland security, national ID, medical ID, contactless payment and NFC solutions, loyalty applications, petroleum payment, parking and mass transit ticketing. OTI markets and supports its solutions through a global network of regional offices and alliances.
The On Track Innovations Ltd. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5736