On Track Innovations Ltd. (OTI) Schedules First Quarter 2012 Conference Call
24 May 2012 - 6:00AM
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 the first
quarter of 2012 on Thursday, May 31, 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: May 31,
2012
Time: 9:00
AM ET / 4:00 PM Israel
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=53796&k=B2A83572
Toll-free: 1-888-407-2553
Toll-free: Israel: 1-800-227-297
For those unable to participate, the teleconference will be
available for replay until midnight June 7th, by calling U.S:
1-877-456-0009 or on the web at:
http://www.otiglobal.com/Investors_Introduction
On Track Innovations Ltd. ("OTI") designs, develops and markets
secure identification, payment and transaction processing
technologies and solutions for use in secure ID, payment and
loyalty applications based on its extensive patent and IP
portfolio. OTI combines 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, NFC, contactless payment and
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, 2011, 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 (Vice President of Corporate Relations)
732-429-1900 ext. 111
galit@otiglobal.com
Jay M. Meier (SVP, Business Development & Investor Relations)
OTI America, Inc.
732-429-1900 ext. 104
jaym@otiglobal.com
Investor Relations
Todd Fromer / Garth Russell
KCSA Strategic Communications
212-896-1215 / 212-896-1250
tfromer@kcsa.com /grussell@kcsa.com
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