On Track Innovations Ltd. (OTI) Schedules First Half 2011 Conference Call
August 01 2011 - 9:30AM
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.
Date: |
August 15, 2011 |
Time: |
9:00 AM ET |
Listen via Internet:
http://www.otiglobal.com/Investors_Introduction
Toll-free: |
1-888-281-1167 |
Israel Toll-Free: |
1-800-227-297 |
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 at:
http://www.otiglobal.com/Investors_Introduction
Established in 1990, OTI (Nasdaq: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.
This press release may contain forward-looking statements within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995 and other Federal
securities laws. Whenever we use words such as "believe," "expect,"
"anticipate," "intend," "plan," "estimate" or similar expressions,
we are making forward-looking statements. Because such statements
deal with future events and are based on OTI's current
expectations, they are subject to various risks and uncertainties
and actual results, performance or achievements of OTI could differ
materially from those described in or implied by the statements in
this press release. Forward-looking statements could be impacted by
market acceptance of new and existing products and our ability to
execute production on orders, as well as the other risk factors
discussed in OTI's Annual Report on Form 20-F for the year ended
December 31, 2010, which is on file with the Securities and
Exchange Commission. 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. Except as otherwise required by law,
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
circumstances or otherwise.
The On Track Innovations Ltd. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7442
CONTACT: OTI
Galit Mendelson (Vice President of Corporate Relations)
732-429-1900
galit@otiglobal.com
MS-IR
Miri Segal
917-607-8654
msegal@ms-ir.com
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