ROSH PINNA, Israel, April 25
, 2018 /PRNewswire/ -- On Track Innovations Ltd. (OTI)
(NASDAQ: OTIV), a global provider of near field communication (NFC)
and cashless payment solutions, will release financial results
for the first quarter ended March 31,
2018 before market open on Wednesday,
May 9th at 9 a.m. Eastern
time.
Management will host an investor conference call at 9:00 a.m. Eastern time on May 9, 2018, to discuss OTI's first quarter 2018
financial results, provide a corporate update, and conclude with a
Q&A from participants. To participate, please use the following
information:
Q1 2018 Conference Call and Webcast
Date: Wednesday, May 9, 2018
Time: 9:00 a.m. Eastern time
U.S. Dial-in: 1-888-317-6002
International Dial-in: 1-412-317-5245
Webcast: https://www.webcaster4.com/Webcast/Page/1720/25625
Please dial in at least 10 minutes before the start of the call
and request to join the "On Track Innovations Q1 2018 Earnings
Conference Call" to ensure timely participation.
The conference call will be available for replay by clicking
here and via the investor relations section of the company's
website.
About OTI
On Track Innovations (NASDAQ: OTIV) is a global leader in the
design, manufacture, and sale of secure cashless payment solutions
using contactless NFC technology. OTI's field-proven innovations
have been deployed around the world to address cashless payment and
management requirements for the Internet of Payment Things (IoPT),
wearables, automated retail and petroleum markets. OTI distributes
and supports its solutions through a global network of regional
offices and alliances. OTI is the proud recipient of the 2017 AI
Award for Best Cashless Payment Solutions Provider – Israel. For more information, please visit
www.otiglobal.com.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements within
the meaning 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," "will,"
"estimate" or similar expressions, we are making forward-looking
statements. For example, we are using forward-looking statements
when we discuss our expectations regarding our growth or
profitability, reduction of costs and expenses, expected
divestitures, plans for our existing and new products and services,
penetration of new markets and securing new customers,
contributions of our regions to our growth, resolution of our
outstanding patent infringement claims, strengthening of our
balance sheet and delivery long-term shareholder value. 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 the effects of the protracted evaluation and
validation periods in the U.S. and other markets for contactless
payment cards, or new and existing products and our ability to
execute production on orders, as well as other risks and
uncertainties, including those discussed in the "Risk Factors"
section and elsewhere in our Quarterly Report on Form 10-Q for the
quarter ended March 31, 2018, and in
subsequent filings with the Securities and Exchange Commission.
Although we believe that the expectations reflected in such
forward-looking statements are based on reasonable assumptions, we
can give no assurance that our 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
reader is cautioned not to place undue reliance on forward-looking
statements.
OTI Press Contact:
Richard
Harris
Marketing Manager
press@otiglobal.com
OTI Investor Relations Contact:
Greg Falesnik
Managing Director
MZ Group – MZ North America
Main: 949-385-6449
OTIV@mzgroup.us
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SOURCE On Track Innovations Ltd