Established in 1990, On Track Innovations Ltd. (“OTI”) designs, develops and markets ID-credentialing, payment and loyalty applications based on its extensive patent and IP portfolio. OTI combines standards-compliant and 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.
OTI holds extensive intellectual property portfolio pertaining to NFC technology, including over 100 issued patents and pending patent applications encompassing product applications, software platforms, system and product architecture, product concepts and more in the fields of NFC, contactless payment, secure ID, petroleum and parking solutions. EasyPark has been implemented nationwide as a complete parking solution in Israel, with over 600,000 users. EasyPark is the only parking system to date to have been field-tested and used on such a scale, and has been successfully endorsed by both municipalities and drivers
OTI supplies key components to contactless payments programs developed by the major card associations - MasterCard’s PayPass, Visa PayWave, Discover Zip and ExpressPay from American Express.
an in vehicle parking meter that enables drivers to be charged for the exact period of time they are parked simplifying monitoring and collection of parking fees. http://www.otiglobal.com/Press_Releases
OTI offers complete end-to-end in-house solution for credentialing, identification and verification of individuals, based on its proprietary state-of-the-art Magna™ platform, combining the capability to support biometric identification with the portability of smart cards. OTI’s system provides advanced software for citizen information management, enrollment stations, registry and more. OTI also incorporates biometric Automatic Fingerprint Identification Systems (AFIS). OTI presents the most cost-effective, low risk e-passport, eID, driver’s license, voter ID, and other identification solutions.
Wireless, cashless, cardless and paperless fuel management and petroleum solution. EasyFuel is a loyalty program for oil companies, fleets and retail customers. The system monitors and expedites the fueling and payment process, permitting fueling of designated vehicles only while eliminating fraud.
OTI offers a wide range of components that can be easily integrated by smart card manufacturers, terminal manufacturers, and system integrators. OTI's technology platform is the driving force behind OTI’s integrated suite of products and services. This platform, based on extensive portfolio of patents and other intellectual property, is the obvious choice for today’s complex business needs. OTI’s technological superiority is based on its breadth of IP across all aspects of the value chain.
OTI FILES PATENT INFRINGEMENT SUIT AGAINST T-MOBILE
Patent Covers a Design Critical for Implementing NFC in Mobile Phones
Iselin, NJ, March 27, 2012 -
On Track Innovations Ltd. (“OTI”) (NASDAQ GM: OTIV) today announced the filing of a patent infringement lawsuit alleging that T-Mobile USA, Inc. sells Near Field Communication (NFC) enabled phones that infringe OTI’s U.S. Patent No. 6,045,043. NFC technology enables contactless payments with mobile phones, loyalty programs, data mining, and other applications. The lawsuit is pending in the United States District Court for the Southern District of New York, Case No. 12-CV-2224. http://www.otiglobal.com/OTI_Files_Patent_Infringement_Suit_against_TMobile
EASYPARK REGIONAL SOLUTION IMPLEMENTED IN NEW HAMPSHIRE
Portsmouth, NH with neighbor Dover create the first Multi-City program in the U.S. to use EasyPark for public parking needs
Iselin, NJ, April 8, 2013 - On Track Innovations Ltd. (“OTI”) (NASDAQ GM: OTIV) announced today that the City of Portsmouth, New Hampshire is implementing the EasyPark™ electronic parking payment and information system in the City, joining its neighboring city Dover in creating the first regional program in the U.S. to use EasyPark. The EasyPark device enables its users to park interchangeably in both cities.
Portsmouth is a Northeast tourist destination with over 2,500 off-street and on-street public parking spaces in its downtown, follows neighboring city Dover – as well as other cities and colleges, such as UC Davis and the City of Austin - in adopting EasyPark as their parking payment solution. To sign up for the EasyPark program in New Hampshire go to: https://easyparkusa.com/register
OTI'S WHOLLY OWNED SUBSIDIARY - ASEC – AWARDED MULTIPLE CONTRACTS AS AN E-TICKETING OPERATOR FOR TRANSIT SYSTEMS IN POLAND
Agreement for Warsaw City Card Extended and Expanded to 2022, with Estimated Revenues of $45 Million Expected Over the Next 10 Years
Mazovia (Central Poland) Railway Signs Five-Year Agreement – Estimated Revenues of $4.7 Million
Lublin Municipal Transport Department Signs a Five-Year Agreement – Estimated Revenues of $1.5 Million
OTI Will Showcase Its Proven EasyPark(TM) Parking Solutions at the IPI Conference & Expo
The International Parking Institute Conference & Expo Will Take Place in Fort Lauderdale, FL May 19-22, 2013
Austin, Texas, and Portsmouth and Dover, New Hampshire, Among Most Recent Cities That Have Already Implemented the New and Innovative Parking Device