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On Track Innovations Ltd. (OTIV)

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Last Post: 10/14/2016 10:50:24 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: Proxy Statement (definitive) (def 14a) 10/26/2016 11:23:18 AM
OTIV News: Proxy Statement - Notice of Shareholders Meeting (preliminary) (pre 14a) 10/14/2016 10:35:19 AM
OTIV News: oti Receives Order for 65,000 Cashless Payment Devices from a North American Customer 09/21/2016 08:31:00 AM
OTIV News: Quarterly Report (10-q) 08/15/2016 04:39:25 PM
OTIV News: Current Report Filing (8-k) 08/10/2016 08:51:19 AM
#1374   ON TRACK INNOVATIONS LTD. midastouch017 10/14/16 10:50:24 AM
#1373   MONOPOLY POINTS TO Oti OPPORTUNITY IN A CASHLESS WORLD midastouch017 09/27/16 09:19:13 AM
#1372   oti Receives Order for 65,000 Cashless Payment Devices midastouch017 09/21/16 10:20:56 AM
#1371   Pending Rules Regulations & Time It Takes To asp42001 09/01/16 05:33:47 PM
#1370   With all this potential, midastouch017 09/01/16 09:49:05 AM
#1369   Pictures Of NFC Enabled Vending Machines asp42001 08/29/16 10:45:15 PM
#1368   On-Track (((NFC))) Purchases & Real-Time Data Feedback asp42001 08/29/16 05:02:13 PM
#1367   Joseph Gunnar & Co., LLC Head of Equity midastouch017 08/29/16 12:39:37 PM
#1366   OTIV Biometric eID'D Smart Cards & Real-Time Verification asp42001 08/28/16 12:20:05 PM
#1365   Japan's Billing, (((NFC))) Readers, Smart Cards, Phones & Tags asp42001 08/23/16 05:47:49 PM
#1364   21st Century E2E Bill & Pay Networking Endeavors asp42001 08/20/16 07:03:10 PM
#1363   Shlomi Cohen midastouch017 08/11/16 08:27:19 AM
#1362   oti Reports Second Quarter 2016 Financial Results midastouch017 08/10/16 09:23:17 AM
#1361   Looking forwards to midastouch017 08/09/16 04:14:50 PM
#1360   Gartner’s Payments Industry Prediction: In the Next 2 midastouch017 08/02/16 02:12:40 PM
#1359   Through this partnership, oti is pursuing FeliCa-certification for midastouch017 08/01/16 09:14:55 AM
#1358   Through this partnership, oti is pursuing FeliCa-certification for midastouch017 08/01/16 09:14:55 AM
#1357   oti Receives Letter of Intent From Major Japanese midastouch017 08/01/16 09:06:57 AM
#1356   OTIV no longer non compliant Nasdaq midastouch017 07/29/16 08:14:52 AM
#1355   oti Sets Second Quarter 2016 Conference Call for midastouch017 07/27/16 01:37:08 PM
#1354   Fundamental Star Rating Report midastouch017 07/19/16 12:41:17 PM
#1353   Going places! midastouch017 07/14/16 11:56:07 AM
#1352   oti Deploys Pilot Installations of Its SATURN 6700 midastouch017 07/13/16 10:58:51 AM
#1351   oti SATURN 8700 Contactless Reader Achieves FeliCa Certification midastouch017 07/11/16 09:15:16 AM
#1350   Watch "PayCapsule Flex VO.2" on YouTube midastouch017 06/23/16 09:33:25 AM
#1349   Hefty Volume! midastouch017 06/12/16 02:01:52 AM
#1348   (NASDAQ:OTIV) has earned a consensus broker rating score midastouch017 06/10/16 01:48:11 PM
#1347   Momentum continues! midastouch017 06/10/16 12:46:57 PM
#1346   ON Track Innovations (OTIV) midastouch017 06/09/16 11:55:35 PM
#1345   oti Selects Cuboid as Exclusive Distributor for the midastouch017 06/01/16 09:27:21 AM
#1344   Without question, OTI PetroSmart's technology has proven to midastouch017 05/18/16 02:06:45 PM
#1343   ...and yet another positive step midastouch017 05/18/16 09:26:39 AM
#1342   OTI PetroSmart Technology Helps Copec Establish Premium Fuel midastouch017 05/18/16 09:24:40 AM
#1341   Go over $1 and stay there midastouch017 05/17/16 11:34:23 AM
#1340   oti Introduces Revolutionary PayCapsule-Flex Payment Enabler Inserts for midastouch017 05/16/16 08:36:43 AM
#1339   NFC (((WAVE))) Of The Billing & Payment Future asp42001 05/13/16 12:05:40 AM
#1338   On Track Innovations' (OTIV) CEO Shlomi Cohen on midastouch017 05/11/16 09:25:51 AM
#1337   UCP to Distribute oti EMV Solutions in the midastouch017 05/11/16 09:19:18 AM
#1336   oti Reports First Quarter 2016 Financial Results midastouch017 05/10/16 09:17:00 AM
#1335   On Track Innovations Ltd (NASDAQ:OTIV) will be posting midastouch017 05/09/16 11:55:52 AM
#1334   What is the update? midastouch017 05/03/16 09:13:25 AM
#1333   UPDATE: OTI PetroSmart Partners With Fuel Telematics Solutions midastouch017 05/03/16 09:12:01 AM
#1332   OTI PetroSmart Partners With Fuel Telematics Solutions to midastouch017 05/02/16 08:57:46 AM
#1331   Radio Frequency Identification & OTIV NFC Turnip-Truck asp42001 04/29/16 06:51:29 PM
#1330   oti Appoints Romania Gripen Environmental as Exclusive Distributor midastouch017 04/27/16 09:16:15 AM
#1329   oti and Microtronic Partner to Bring World's First midastouch017 04/25/16 09:39:32 AM
#1328   Samsung Pay Partners with Global POS Providers to midastouch017 04/21/16 10:08:57 AM
#1327   Excellent news, and the midastouch017 04/18/16 12:27:44 PM
#1326   oti Extends MediSmart Implementation in East Africa With midastouch017 04/18/16 12:26:53 PM
#1325   OTI & Billing Systems Corporation In Japan asp42001 04/16/16 04:00:44 PM