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On Track Innovations Ltd. (OTIV)

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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.

 

EasyPark

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.

OEM
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.


EasyPark

https://www.facebook.com/EasyParkUSA






















 






http://www.otiglobal.com/Press_Releases


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 

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





 


 
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OTIV News: On Track Innovations Receives MIR Certification for Russian Market 08/22/2018 08:30:00 AM
OTIV News: Quarterly Report (10-q) 08/15/2018 04:12:30 PM
OTIV News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 08/15/2018 04:06:55 PM
OTIV News: Current Report Filing (8-k) 08/08/2018 08:22:07 AM
OTIV News: On Track Innovations Ltd. Reports Second Quarter 2018 Financial Results 08/08/2018 08:00:00 AM
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#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
#1519   Good buying opportunity last days .. would anyone CatCat 02/09/18 05:29:41 PM
#1518   Y’all dumb asses keep selling the news. I Eagleize 01/16/18 10:12:15 AM
#1517   Hope so, cause we sore today. MrLucky 01/10/18 04:25:33 PM
#1516   We soar tommorrow Eagleize 01/10/18 04:15:17 PM
#1515   If only they could have worked the word MrLucky 01/10/18 10:46:02 AM
#1514   People just sell the news. That’s stock 101. Eagleize 01/10/18 10:40:17 AM
#1513   How do I manage to find stocks that MrLucky 01/10/18 10:35:39 AM
#1512   Wow!!!! Just mentioning visa and MasterCard with Eagleize 01/10/18 10:31:51 AM
#1511   Buying up these dips. Eagleize 01/08/18 11:20:10 AM
#1510   $OTIV: Crypto Acceptance NEWs.... Moving Pre-Market makinezmoney 01/08/18 08:56:29 AM
#1509   OTIV bout to soar. Bitcoin soaring. Eagleize 01/03/18 09:21:01 AM
#1508   OTI Announces an Outstanding Increase in 2017 of midastouch017 01/03/18 09:03:42 AM
#1507   Got out lost commission on the last trade mikeski74 12/27/17 02:39:06 PM
#1506   Added more at 1.6 mikeski74 12/27/17 11:59:29 AM
#1505   Added back at 1.68 mikeski74 12/27/17 10:45:12 AM
#1504   Added 1.69 and 1.60 out at 1.75 now mikeski74 12/27/17 10:12:46 AM
#1503   OTI's Advanced Personal Health Solutions Announces East African midastouch017 12/27/17 09:24:58 AM
#1502   Added pm mikeski74 12/27/17 09:22:34 AM
#1501   OTIV is a great IoT stock and has CatCat 12/22/17 04:58:54 PM
#1500   Hit my target buy price... in for T_HOWELL_lll 12/22/17 03:46:37 PM
#1499   OTIV is garbage I hope you listened wickerman 12/22/17 10:42:28 AM
#1498   I think it hangs out at this level scaptrader1297 12/21/17 01:53:02 PM
#1497   looks like alot of buyers stepped in ... Tzr250rg 12/21/17 01:17:36 PM
#1496   solid set up ready to run higher. scaptrader1297 12/21/17 01:04:55 PM
#1495   $2 close go baby scaptrader1297 12/20/17 03:33:51 PM
#1494   back in rally tomorrow $$$ scaptrader1297 12/20/17 02:27:10 PM
#1493   This was one day pump and dump scam pennydawg 12/20/17 01:21:28 PM
#1492   It seems today is a crypto-currency stock sell ChrisJP 12/20/17 11:24:47 AM
#1491   Yes and that's why $SQ is well positioned ChrisJP 12/20/17 09:11:28 AM
#1490   Looks like these cryptocurrencies are in big need Fred7777 12/19/17 09:03:16 PM
#1489   Bitcoin drops 12% as top cryptocurrency marketplace starts Fred7777 12/19/17 08:59:26 PM
#1488   $OTIV The biggest go to line for shorts other matticus22 12/19/17 06:23:29 PM
#1487   Likely offering is coming they're very low on cash. wickerman 12/19/17 04:42:40 PM
#1486   * * $OTIV Video Chart 12-19-17 * * ClayTrader 12/19/17 04:27:58 PM
#1485   Back to 1 soon - You have been scammed pennydawg 12/19/17 04:02:29 PM
#1484   yeah trust me, I've been there. ChrisJP 12/19/17 04:02:14 PM
#1483   I marry them, have kids with them and MrLucky 12/19/17 03:59:38 PM
#1482   wow this is why i just trade them ChrisJP 12/19/17 03:55:57 PM
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