- Report of Foreign Issuer (6-K)
04 November 2008 - 3:29AM
Edgar (US Regulatory)
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN
PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES
EXCHANGE ACT OF 1934
For the month of
November, 2008
ON TRACK INNOVATIONS
LTD.
(Name of Registrant)
Z.H.R. Industrial Zone, P.O. Box 32, Rosh-Pina, Israel, 12000
(Address of Principal
Executive Office)
Indicate by check mark whether the
registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F
x
Form 40-F
o
Indicate by check mark if the
registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule
101(b)(1):
Yes
o
No
x
Indicate by check mark if the
registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule
101(b)(7):
Yes
o
No
x
Indicate by check mark whether by
furnishing the information contained in this Form, the registrant is also thereby
furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
Yes
o
No
x
If Yes is marked,
indicate below the file number assigned to the registrant in connection with Rule
12g3-2(b):
ON TRACK INNOVATIONS
LTD.
6-K ITEM
This report on Form 6-K is
incorporated by reference into On Track Innovations Ltd.s Registration Statement on
Form F-3 (Registration No. 333-111770), initially filed with the Securities and Exchange
Commission (the Commission) on January 8, 2004, its Registration Statement on
Form F-3 (Registration No. 333-115953), filed with the Commission on May 27, 2004, its
Registration Statement on Form F-3 (Registration No. 333-121316), filed with the
Commission on December 16, 2004, its Registration Statement on Form F-3 (Registration No.
333-127615), initially filed with the Commission on August 17, 2005, its Registration
Statement on Form S-8 (Registration No. 333-128106), filed with the Commission on
September 6, 2005, its Registration Statement on Form F-3 (Registration No. 333-130324),
filed with the Commission on December 14, 2005, its Registration Statement on Form F-3
(Registration No. 333-135742), filed with the Commission on July 13, 2006, its
Registration Statement on Form S-8 (Registration No. 333-140786) filed with the Commission
on February 20, 2007, its Registration Statement on Form F-3 (Registration No.
333-142320), filed with the Commission on April 24, 2007, its Registration Statement on
Form S-8 (Registration No. 333-149034) filed with the Commission on February 4, 2008, its
Registration Statement on Form S-8 (Registration No. 333-149575), filed with the
Commission on March 6, 2008 and its Registration Statement on Form F-3 (Registration No.
333-153667), filed with the Commission on September 25, 2008.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
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ON TRACK INNOVATIONS LTD.
(Registrant)
By: /s/ Oded Bashan
Oded Bashan
Chief Executive Officer and Chairman
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Date: November 3, 2008
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Press Release
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For Immediate Release
OTI to Present Its Contactless Suite of Solutions at the CARTES and
IDentification 2008 Show in Paris
Demonstrations include ID, Parking and Payment Solutions to Support Global Contactless
Projects
Ohad Bashan, OTIs President is a Featured Speaker on Contactless
in Healthcare and ID Border
Crossing Implementation
Fort Lee, NJ November 3,
2008
On Track Innovations Ltd (OTI) (NASDAQ-GM: OTIV) global leader in
contactless microprocessor-based smart card solutions, will showcase its range of
contactless solutions at the CARTES and IDentification show in Paris in booth 4 P 060
between November 4-6 at the Paris-Nord Villepinte Exhibition Center in Paris, France.
In the Payment sector OTI will
demonstrate its suite of MasterCard and Visa certified products including payment devices
and readers. Payment devices include inlays, key fobs, smart stickers, and additional form
factors. OTI contactless solutions provide issuers and card manufacturers with a
cost-effective, reliable and secure way to implement contactless cards. OTI readers suite
supports the global contactless EMV applications published by MasterCard and Visa, as well
as MiFare technology, and non-EMV contactless payment programs from other major financial
institutions, including ExpressPay from American Express and Discover. OTI will present
its Saturn 6000 contactless countertop reader and the Saturn 6500 secured contactless
reader built for vending machine, petroleum and mass transit markets offer superior
performance and enhanced security features with extremely fast communication speed and
optimal reading range.
OTI will also demonstrate its
in-vehicle parking meter solution, EasyPark. With EasyPark, the driver simply parks his
car and turns on the contactless in-vehicle parking meter device displayed in the car
window; upon returning to the vehicle, the driver turns the device off. This creates a
second to none user experience by eliminating the need for cash, change, looking for a
parking meter and support personnel, and creates a uniquely convenient user experience.
The EasyPark system can be used for both on-street parking payments and for parking lots,
where the device is presented at the gate when entering or exiting the lot.
In its ID product line, OTI will
present its MAGNA complete product solutions and electronic passport demo as well as its
border crossing solution with unique solutions to support remote citizen enrollment.
OTI will also present its Zeus and
Hera production lines to support the growing demand for dual interface cards and
e-passports. The product line support machinery for manufacturing electronic passports and
contact/contactless ID and EMV compliant cards.
Ohad Bashan, President of OTI will
speak on Wednesday, November 5, at 4pm about Contactless in healthcare The
use of contactless smart cards as a personal portable database as part of the
Contactless Technologies track. On Thursday, November 6, at 11am Mr. Bashan will present a
Case study from the implementation of Border Crossing Solutions as part of the
Citizen ID track.
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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, loyalty programs and secure campuses. 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.
For more information on OTI, visit
www.otiglobal.com
, the content of which is not part of this press release.
Safe Harbor for
Forward-Looking Statements:
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 OTIs 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. For example, forward-looking statements include statements regarding our goals,
beliefs, future growth strategies, objectives, plans or current expectations, such as
those regarding the superiority of our products. 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 OTIs Annual
Report on Form 20-F for the year ended December 31, 2007, 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.
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OTI Contact:
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Investor Relations
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Galit Mendelson
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Paul Holm
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Vice President of Corporate Relations
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portfoliopr
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201 944 5200 ext. 111
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212 888 4570
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galit@otiglobal.com
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paulh@portfoliopr.biz
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