On Track Innovations Ltd. (OTI) Schedules FY 2011 Conference Call
February 29 2012 - 8:00AM
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 fiscal
year 2011 on Wednesday, March 7, 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.
Date: March 7, 2012 Time: 9:00 AM ET
Listen via Internet:
http://www.otiglobal.com/Investors_Introduction
Schedule this webcast into MS-Outlook calendar (click open when
prompted):
http://apps.shareholder.com/PNWOutlook/t.aspx?m=52299&k=5A18096B
Toll-free: 1-888-407-2553 Israel:
1-800-227-297
For those unable to participate, the teleconference will be
available for replay until midnight March 14th, by calling U.S:
1-888-295-2634 or on the web at:
http://www.otiglobal.com/Investors_Introduction
On Track Innovations Ltd. ("OTI") designs, develops and markets
ID-credentialing, payment and loyalty applications based on its
extensive patent and IP portfolio. OTI combines standards-compliant
and 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 NFC solutions, loyalty applications,
petroleum payment, parking and mass transit ticketing. OTI markets
and supports its solutions through a global network of regional
offices and alliances.
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.
CONTACT: Galit Mendelson
VP of Corporate Relations
732 429 1900
galit@otiglobal.com
Jay M. Meier
SVP, Business Development & Investor Relations,
OTI America, Inc.
732 429 1900 ext. 104
jaym@otiglobal.com
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