Iselin, NJ – August 1, 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 half of 2011 on Monday, August 15, at 9:00 a.m. Eastern Daylight 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:

1-888-281-1167 (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
Click here to listen to the web cast 

For those unable to participate, the teleconference will be available for replay until midnight August 22nd, by calling U.S: 1-888-295-2634 or on the web by clicking here

About OTI
Established in 1990, OTI (NASDAQ GM: OTIV) designs, develops and markets secure contactless microprocessor-based smart card technology to address the needs of a wide variety of markets. Applications developed by OTI include product solutions for petroleum payment systems, homeland security solutions, electronic passports and IDs, payments, mass transit ticketing, parking and loyalty programs. OTI has a global network of regional offices to market and support its products. The company was awarded the Frost & Sullivan 2005 and 2006 Company of the Year Award in the field of smart cards.