PARX Expands EasyPark Offering; Launches Patented Integrated Information and Payment System
March 26, 2012 11:00 ET
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On Track Innovations Ltd.
EasyPark is the first system to automatically link between a specific parking space and payment device, providing cities with real-time utilization of the city real estate and parking...
OTI Reports FY 2011 Financial Results
March 07, 2012 08:00 ET
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On Track Innovations Ltd.
Revenues of $51.3M with Gross Margin of 51%
Revenues from Licensing and Transaction Fees up 199% to $12.1M
Strong Balance Sheet with $28.5M in Cash, Cash Equivalents and Short Term...
On Track Innovations Ltd. (OTI) Schedules FY 2011 Conference Call
February 29, 2012 09:00 ET
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On Track Innovations Ltd.
ISELIN, N.J., Feb. 29, 2012 (GLOBE NEWSWIRE) -- On Track Innovations Ltd., (OTI) (Nasdaq:OTIV), a global leader in contactless microprocessor-based smart card solutions, for homeland security,...
OTI Introduces EasyPark(TM) Electronic Parking Management System to the U.S. Market Starting at the University of California Davis
February 06, 2012 08:00 ET
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On Track Innovations Ltd.
ISELIN, N.J., Feb. 6, 2012 (GLOBE NEWSWIRE) -- On Track Innovations Ltd. ("OTI") (Nasdaq:OTIV) announced today that the University of California Davis (UC Davis) Transportation & Parking Services...
OTI Receives an Initial $6.9 Million Contract to Supply Electronic Immigration Control System in Panama
January 30, 2012 08:00 ET
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On Track Innovations Ltd.
ISELIN, N.J., Jan. 30, 2012 (GLOBE NEWSWIRE) -- On Track Innovations Ltd. ("OTI") (Nasdaq:OTIV) today announced that the Ministry of Public Security of Panama has awarded OTI with a contract for the...
On Track Innovations, Ltd (OTI) to Present at Merriman Capital Investor Summit
January 25, 2012 16:00 ET
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On Track Innovations Ltd.
ISELIN, N.J., Jan. 25, 2012 (GLOBE NEWSWIRE) -- On Track Innovations Ltd. ("OTI") (Nasdaq:OTIV) today announced that Ohad Bashan, President of OTI, will be presenting at the Merriman Capital Investor...
OTI Receives US Patent for Contactless Smart SIM
January 17, 2012 08:00 ET
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On Track Innovations Ltd.
ISELIN, N.J., Jan. 17, 2012 (GLOBE NEWSWIRE) -- On Track Innovations Ltd. ("OTI") (Nasdaq:OTIV) today announced that the United States Patent and Trademark Office has issued U.S. Patent No. 8,090,407...
OTI Expands EasyPark(TM) Solution to Turin, Italy's Largest On-Street Parking Market
December 19, 2011 11:00 ET
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On Track Innovations Ltd.
ISELIN, N.J. and TURIN, Italy, Dec. 19, 2011 (GLOBE NEWSWIRE) -- On Track Innovations Ltd. ("OTI") (Nasdaq:OTIV) announced today that Neos Tech S.r.l. a parking management operator in Italy, has...
OTI Signs $7 Million Core Technology License Agreement
November 30, 2011 08:30 ET
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On Track Innovations Ltd.
ISELIN, N.J., Nov. 30, 2011 (GLOBE NEWSWIRE) -- On Track Innovations Ltd. ("OTI") (Nasdaq:OTIV) today announced its first non-exclusive license for core technologies within its proprietary portfolio...
OTI Reports First Nine Months 2011 Financial Results
November 30, 2011 08:00 ET
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On Track Innovations Ltd.
Revenues were $35.2M with Gross Margin of 49%
Strong Balance Sheet with $30.8M in Cash, Cash Equivalents and Short Term Investments
ISELIN, N.J., Nov. 30, 2011 (GLOBE NEWSWIRE) -- On Track...