CUPERTINO, Calif., July 27 /PRNewswire-FirstCall/ -- On Track Innovations
Ltd, (OTI) (Nasdaq: OTIV; Prime Standard [Frankfurt]: OT5), a global leader in
contactless microprocessor-based smart card solutions for homeland security,
micropayments and petroleum payments, announced today that it will be
presenting at the GOVSEC, The Government Security Expo & Conference on July
28-29 at the Washington D.C. Convention Center.
In Booth #3136, OTI will showcase its highly secured e-Passport solution
that meets the International Civil Aviation Organization (ICAO)
recommendations and ISO 14443 standard for contactless solutions. OTI's
e-Passport solution incorporates PKI, biometrics and other security features
on an Integrated Circuit.
OTI will demonstrate its range of homeland security and credentialing
product lines, exhibiting also its border exit - entry control systems.
To arrange for demonstrations and schedule interviews, contact Galit
Mendelson, Director of Corporate Communications at 212-421-0333 or
galit@otiglobal.com
About OTI
Established in 1990, OTI (Nasdaq: OTIV, Prime Standard: OT5) 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, micropayments, mass
transit ticketing, parking, loyalty programs and secure campuses. OTI has a
global network of regional offices to market and support its products. The
company was awarded the prestigious ESCAT Award for smart card innovation in
both 1998 and 2000. Major clients include: MasterCard International, Atmel,
BP, Scheidt & Bachmann, EDS, Repsol and the Government of Israel. For more
information on OTI, visit http://www.otiglobal.com.
This press release contains forward-looking statements. Such statements
are subject to certain risks and uncertainties, such as market acceptance of
new products and our ability to execute production on orders, which could
cause actual results to differ materially from those in the statements
included in this press release. Although OTI believes that the expectations
reflected in such forward-looking statements are based on reasonable
assumptions, it can give no assurance that its expectations will be achieved.
OTI disclaims any intention or obligation to update or revise any forward-
looking statements, which speak only as of the date hereof, whether as a
result of new information, future events or otherwise.
This press release and other releases are available on
http://www.otiglobal.com and http://www.portfoliopr.com .
OTI Contact: Agency Contacts:
Galit Mendelson Paul Holm
Director of Corporate Communication PortfolioPR
212-421-0333 212-736-9224
Galit@otiglobal.com pholm@portfoliopr.com
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