Iselin, NJ – November 17, 2011 -- On Track Innovations Ltd., (OTI) (NASDAQ: OTIV), a global leader in contactless microprocessor-based smart card solutions, for homeland security, payments, petroleum payments and other applications, announced today that it will report financial results for the first nine months of 2011 on Wednesday, November 30, at 9:00 a.m. Eastern Standard Time. The Company has scheduled a conference call and simultaneous Web cast that will be hosted by Oded Bashan, Chairman and CEO, Ohad Bashan, President and Tanir Horn, CFO.  To participate, call:   

1-866-652-8972 (U.S. toll free)
1-800-227-297 (Israel toll free)

At:
6:00 a.m. Pacific Time
9:00 a.m. Eastern Time
16:00 Israel Time
To listen to the web cast please go to: Investors Introduction section

For those unable to participate, the teleconference will be available for replay until midnight December 6th, by calling U.S: 1-877-456-0009 or on the web at: Investors Introduction

About On Track Innovations Ltd. (www.otiglobal.com)

On Track Innovations Ltd. ("OTI") designs, develops and markets secure identification, payment and transaction processing technologies and solutions for use in secure ID, payment and loyalty applications based on its extensive patent and IP portfolio. OTI combines 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 loyalty applications, petroleum payment, parking and mass transit ticketing. OTI markets and supports its solutions through a global network of regional offices and alliances.

The content of websites or website links mentioned or provided herein are not part of this press release.

OTI Contacts:
Galit Mendelson                                       Jay M. Meier
VP, Corporate Relations                         SVP, Business Development & Investor Relations,
732 429 1900 ext. 111                            OTI America, Inc.
galit@otiglobal.com                                732 429 1900 ext. 104
                                                               jaym@otiglobal.com


Investor Relations:
Norberto Aja/David Collins
Jaffoni & Collins
212-835-8500
otiv@jcir.com