OTI to Present at Needham & Company Tenth Annual Growth Stock Conference

FORT LEE, N.J., Jan. 7 /PRNewswire-FirstCall/ -- 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...


FORT LEE, N.J., Jan. 7 /PRNewswire-FirstCall/ -- 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, will be presenting at the Needham & Company Tenth Annual Growth Stock Conference to be held at the New York Palace Hotel located at 455 Madison Ave , New York, NY 10022.

The Conference is being held on January 8-11, 2008, and OTI will present on Thursday, January 10 , at 2:30pm . Needham & Company will also arrange one- on-one meetings with OTI.

On Track Innovations Ltd. (OTI) is a leading contactless smart card solutions provider. Applications developed by OTI include product solutions for:

About OTI

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, 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 http://www.otiglobal.com, the content of which is not part of this press release.

SOURCE On Track Innovations Ltd