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On Track Innovations Ltd. (OTIV)

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Last Post: 11/27/2017 8:39:57 AM - Followers: 32 - Board type: Free - Posts Today: 0

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

Payment Solutions

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.

SmartID Solutions
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.

Petroleum 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.


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.

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:



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 



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OTIV News: Current Report Filing (8-k) 12/04/2017 04:02:14 PM
OTIV News: Puma Energy Selects WEX IFCS in Conjunction with OTI PetroSmart’s EasyFuelPlus Solution to Drive B2B Growth in Africa 11/27/2017 06:30:00 AM
OTIV News: Current Report Filing (8-k) 11/22/2017 11:38:24 AM
OTIV News: Statement of Changes in Beneficial Ownership (4) 11/22/2017 06:40:17 AM
OTIV News: Statement of Changes in Beneficial Ownership (4) 11/22/2017 06:35:37 AM
#1446   Puma Energy Selects WEX IFCS in Conjunction with midastouch017 11/27/17 08:39:57 AM
#1445   OTI's UNO 6 Selected by CityEV as the midastouch017 11/20/17 08:55:53 AM
#1444   OTI's Mass Transit Ticketing Solutions Serve Growing Market midastouch017 11/13/17 08:41:51 AM
#1443   OTI Reports Third Quarter 2017 Financial Results midastouch017 11/08/17 01:14:12 PM
#1442   Item 8.01. Other Events. midastouch017 11/06/17 10:43:47 AM
#1441   OTI Sets Third Quarter 2017 Conference Call midastouch017 10/23/17 08:40:31 AM
#1440   OTI Receives Second Batch Purchase Order of 2,000 midastouch017 10/04/17 08:57:00 AM
#1439   6 INSTITUTIONAL INVESTORS ARE RAISING STAKES midastouch017 10/02/17 09:03:39 AM
#1438   OTI Selected one of "10 Fastest Growing IoT midastouch017 10/02/17 08:35:26 AM
#1437   NFC Enabled Turnstiles & Japan's Bullet Trains asp42001 09/24/17 11:27:24 AM
#1436   100k sat on the bid at 1.30 most Mermelstein 09/07/17 10:30:09 PM
#1435   Any idea why the nice up move today mslovak 09/07/17 01:18:07 PM
#1434   Item 8.01. Other Events. midastouch017 08/28/17 12:01:30 PM
#1433   On Track Innovations' (OTIV) CEO Shlomi Cohen on midastouch017 08/15/17 11:47:14 AM
#1432   On Track Innovations' (OTIV) CEO Shlomi Cohen on midastouch017 08/15/17 11:47:13 AM
#1431   WOLVERINE ASSET MANAGEMENT LLC IS THE THIRD BIGGEST midastouch017 08/10/17 08:25:06 AM
#1430   OTI Reports Second Quarter 2017 Financial Results midastouch017 08/09/17 08:31:51 AM
#1429   OTI Uno-8 (SATURN 8700) Reader Granted EMVCo Modular midastouch017 07/24/17 09:02:55 AM
#1428   Lake Street Capital Begins Coverage on On Track midastouch017 07/18/17 10:34:41 AM
#1427   OTI Delivers First Batch of 3,000 Payment Systems midastouch017 07/17/17 10:37:42 AM
#1426   OTIV: Turnaround Largely Complete; We Believe 2Q17 Is midastouch017 07/12/17 01:07:38 PM
#1425   OTI Sets Second Quarter 2017 Conference Call midastouch017 07/10/17 08:51:47 AM
#1424   OTI Enters Russian Unattended Cashless Payment Market with midastouch017 06/19/17 09:33:49 AM
#1423   On Track Innovations' (OTIV) CEO Shlomi Cohen on midastouch017 05/10/17 04:11:56 PM
#1422   OTI Sets First Quarter 2017 Conference Call midastouch017 04/26/17 12:39:46 PM
#1421   OTI PetroSmart Signs Global Supply Agreement with Dover midastouch017 04/24/17 08:45:57 AM
#1420   OTI Partners with US-based 365 Retail Markets to midastouch017 04/18/17 08:42:25 AM
#1419   US Based Outdoor Vending Solutions Chooses OTI's EMV midastouch017 04/17/17 08:43:09 AM
#1418   Apriva and OTI Announce Semi-Integrated Solution for Unattended Markets midastouch017 04/11/17 08:06:20 AM
#1417   OTI Launches GOSTrack Vehicle Location Tracking and GOSFleet midastouch017 04/10/17 09:08:41 AM
#1416   OTI’s EasyFuelPlus to be Deployed at 300 Gas midastouch017 04/03/17 08:50:54 AM
#1415   And what a pop! Huge Volume!!! midastouch017 03/23/17 02:27:05 PM
#1414   Where that pop come from Awl416 03/23/17 01:32:02 PM
#1413   On Track Innovations' (OTIV) CEO Shlomi Cohen on midastouch017 03/22/17 03:10:37 PM
#1412   On Track Innovations reports Q4 results midastouch017 03/22/17 08:34:45 AM
#1411   OTI Reports Fourth Quarter and Full Year 2016 midastouch017 03/22/17 08:34:41 AM
#1410   On Track Innovations Ltd. (NASDAQ:OTIV) shares have been midastouch017 03/17/17 12:49:48 AM
#1409   Regulation FD Disclosure midastouch017 03/06/17 10:52:09 AM
#1408   Regulation FD Disclosure midastouch017 03/06/17 10:52:09 AM
#1407   OTI Receives 2017 AI Business Excellence Award for midastouch017 03/06/17 08:41:14 AM
#1406   OTI Sets Fourth Quarter and Full Year 2016 midastouch017 02/28/17 01:00:58 PM
#1405   OTI Appoints Larry Susman as VP of Sales midastouch017 02/27/17 08:57:26 AM
#1404   On Track Innovations bags purchase orders for thousands midastouch017 02/15/17 11:30:53 AM
#1403   According to CNNMoney: midastouch017 02/15/17 09:36:40 AM
#1402   OTI Receives Purchase Orders for Thousands of Payment midastouch017 02/15/17 08:38:28 AM
#1401   ON Track Innovations Ltd - Ordinary Shares midastouch017 02/14/17 03:36:48 PM
#1400   OTI Receives Purchase Order for First Installment of midastouch017 01/31/17 08:41:59 AM
#1399   Form 8-K for ON TRACK INNOVATIONS LTD midastouch017 01/19/17 06:43:48 AM
#1398   OTI and Hemisphere West Europe Partner To Offer midastouch017 01/17/17 08:41:38 AM
#1397   Timing is everything and this week we will pennystockaholic 01/01/17 10:09:18 PM