OTI RECEIVES AN INITIAL $6.9 MILLION CONTRACT TO SUPPLY ELECTRONIC IMMIGRATION CONTROL SYSTEM IN PANAMA
January 30, 2012
Contract is OTI’s first in Panama and Builds Upon its Existing Secure ID Footprint in Latin America
OTI RECEIVES US PATENT FOR CONTACTLESS SMART SIM
January 17, 2012
OTI EXPANDS EASYPARK™ SOLUTION TO TURIN, ITALY’S LARGEST ON-STREET PARKING MARKET
December 19, 2011
Agreement Expands Availability in Italy to 20 cities and over 5M Citizens
OTI SIGNS $7 MILLION CORE TECHNOLOGY LICENSE AGREEMENT
November 30, 2011
-Agreement Provides New Revenue Model by Leveraging Portfolio of Proprietary Assets-
OTI REPORTS FIRST NINE MONTHS 2011 FINANCIAL RESULTS
November 30, 2011
Revenues were $35.2M with Gross Margin of 49%
Strong Balance Sheet with $30.8M in Cash, Cash Equivalents and Short Term Investments
ON TRACK INNOVATIONS LTD. (OTI) SCHEDULES FIRST NINE MONTHS 2011 CONFERENCE CALL
November 17, 2011
OTI TO PRESENT INNOVATIVE MOBILE PAYMENT AND ID PRODUCTS AT CARTES & IDENTIFICATION 2011 IN PARIS
November 15, 2011
- Demonstrating Contactless ID, Medical Record, Parking, NFC and Payment Solutions
OTI EXTENDS ITS EASYPARK™ SOLUTION TO LILLE, FRANCE’S FOURTH LARGEST METROPOLITAN AREA, WITH 1.1 MILLION RESIDENTS
November 14, 2011
- EasyPark™ has now been adopted in approximately 20 French municipalities since its first introduction in the past year
- OTI to Showcase EasyPark at 2011 CARTES & ID Exhibition, Nov. 15-17 in Paris, Booth: 4M070
OTI'S SUBSIDIARY, PARX, TO INTRODUCE EASYPARK™ IN BRAZIL
MTS, RUSSIA’S LEADING COMMUNICATIONS GROUP, SELECTS OTI’S COPNI MOBILE PAYMENT PRODUCT FOR MTS’S NFC PROGRAM
October 11, 2011
- OTI is Working with SITRONICS Smart Technology, Technological Partner in Russia that Provides the COPNI to MTS
- MTS has Over 70 Million Subscribers in Russia
- First Application with LUKOIL for Payment for Fuel Purchases