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On Track Innovations Ltd. (OTIV)

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Last Post: 8/18/2020 10:55:20 AM - Followers: 36 - 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: https://easyparkusa.com/register.



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 

Source: http://finance.yahoo.com/news/oti-showcase-proven-easypark-tm-200000795.html


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#1569   Funny, catcat just brought these guys up on WOW23P 08/18/20 10:55:19 AM
#1568   we need new board for new symbol paulgmx1 11/06/19 05:21:10 AM
#1567   I think the same Rolodog... Thanks for support! CatCat 10/15/19 07:28:26 PM
#1566   No reverse split. Did not pass the vote. Rolodog 10/10/19 08:44:23 AM
#1565   On 11th oktober last daay to make RS CatCat 10/10/19 04:59:54 AM
#1564   ALARM, ALARM, ......, ALARM jarubr 08/06/19 05:09:04 AM
#1563   Who thought this was a good investment...LOLOLOL jarubr 07/22/19 01:05:46 PM
#1562   Yes to continue lowering, from the CEO to jarubr 06/19/19 07:11:58 AM
#1561   News: $OTIV OTI Receives New Purchase Order for whytestocks 06/13/19 01:10:43 PM
#1560   LOLOLOLOLOLO LOOSE YOUR MONEY, THIS IS A SCAM jarubr 05/15/19 04:14:52 AM
#1559   This contract is great news. They received MIR Rolodog 04/02/19 09:17:58 AM
#1558   If this news "OTI receives a new and jarubr 04/02/19 05:54:11 AM
#1557   I totally get it. Numbers I've never WOW23P 02/12/19 09:44:19 AM
#1556   WOW, Been out long time. Totally forgot I chilar4567 02/11/19 10:33:17 PM
#1555   Hey Chilar, it seems like bland white rice WOW23P 02/11/19 05:27:55 PM
#1554   Earnings in a few weeks. Price should continue Rolodog 01/24/19 10:47:59 PM
#1553   Looks like still trying to shake out the Rolodog 11/21/18 07:14:28 PM
#1552   WOW, I'm sure you noticed the low today, chilar4567 11/14/18 06:09:18 PM
#1551   I got nervous and bailed at 85. WOW23P 11/14/18 03:29:44 PM
#1550   WOW, out @ 80. Small loss. Sticking with chilar4567 11/14/18 03:27:05 PM
#1549   WOW, my guess ,next week 13 0r 14th. chilar4567 11/07/18 11:57:10 PM
#1548   I expected a bigger bounce too Chilar. WOW23P 11/07/18 08:07:44 PM
#1547   Action today sort of disappointing. Thought good news chilar4567 11/07/18 04:47:52 PM
#1546   Impressive quarter... looks like they are executing their plan... Rolodog 11/07/18 10:06:10 AM
#1545   Impressive quarter... looks like they are executing their plan... Rolodog 11/07/18 10:05:23 AM
#1544   3rd quarter revs increase 39% to 6.5m Debt reduced WOW23P 11/07/18 10:04:40 AM
#1543   Agreed! Impressive growth and they paid off WOW23P 11/07/18 09:59:04 AM
#1542   Impressive quarter... looks like they are executing their plan... Rolodog 11/07/18 08:51:48 AM
#1541   This just out: ROSH PINNA, Israel, Nov. 6, 2018 /PRNewswire/ -- On WOW23P 11/06/18 09:31:11 AM
#1540   THX WOW chilar4567 11/05/18 11:32:21 PM
#1539   Management will host an investor conference call at 9:00 WOW23P 11/05/18 09:42:15 PM
#1538   Looking forward to that ROLO! Starter position WOW23P 11/05/18 09:05:25 PM
#1537   I believe earning are Wednesday 9am. Rolodog 11/05/18 08:54:00 PM
#1536   ROLO, that was last Friday. chilar4567 11/05/18 02:08:26 PM
#1535   Countdown to our 1st profitable quarter...I’m loaded up Rolodog 10/30/18 07:52:43 AM
#1534   OTIGlobal.Com, Japan's Billing & NFC Recurring Payment Transactions asp42001 10/10/18 08:55:45 PM
#1533   No news for 2- months. Earning in 30 Rolodog 10/10/18 07:45:29 AM
#1532   World-Wide NFC Smart Phone & Card Vending Machine Readers asp42001 09/30/18 03:58:32 PM
#1531   I'll Take 5 Yrs To Rebuild After The Floods asp42001 09/19/18 01:20:47 PM
#1530   OTIV Parking & PYDS University FanCard Combinations? asp42001 09/14/18 12:42:17 AM
#1529   Money Makes The World Go-Around, The World Go Around asp42001 09/07/18 06:27:27 PM
#1528   10Q looks good. MrLucky 05/09/18 08:09:52 AM
#1527   Alert, apparently Mc Donald`s won as a customer Gropius 03/22/18 04:08:19 PM
#1526   Upps, sorry wrong link ! Gropius 03/22/18 02:25:43 PM
#1525   very interesting ! Gropius 03/22/18 02:23:37 PM
#1524   27 Cents Vs a 1.25 Paper Transaction asp42001 02/27/18 12:30:20 PM
#1523   OTIV e Verification & real-time ID Credentialing asp42001 02/22/18 09:55:34 PM
#1522   Expansion Within All Forms of Transportation. asp42001 02/15/18 07:08:45 AM
#1521   MZ Multi-lingual, Get The Word Out Helping-Hand ! asp42001 02/14/18 08:22:59 PM
#1520   How lame do you have to be to MrLucky 02/14/18 02:39:07 PM
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