OTI to Present at Morgan Keegan Homeland Security Conference

FORT LEE, N.J. , May 20 /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 Morgan Keegan Homeland Security Conference to be held at the Waldorf-Astoria Hotel in New York located at 301 Park Avenue, New York, NY , United States , 10022.

The Conference is being held on Wednesday, May 28, 2008 and Mr. Ohad Bashan , President of OTI, will present from 10:55am to 11:25am , which includes time for questions and answers. Morgan Keegan will also arrange one-on-one meetings with OTI. Webcast of the presentation will be available at: http://www.otiglobal.com/content.aspx?id=231

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

This will be an excellent opportunity to meet with Mr. Ohad Bashan and receive an update on OTI's technology.

For further information on Morgan Keegan Homeland Security Conference, please contact Ms. Kay Sowell at Morgan Keegan at 615-665-3623 or e-mail: Kay.Sowell@morgankeegan.com.

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

SOURCE On Track Innovations Ltd