OTI to Present at Noble Financial Equity Conference

Aug. 11, 2008

Noble Financial M.A.D. MAX Equity Conference

FORT LEE, N.J. , Aug. 11 /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 Fourth Annual Noble Financial Equity Conference at 4:00 p.m. (Pacific) on Monday, August 18, 2008 at the Loews Lake Las Vegas Resort, Nevada .

A presentation regarding OTI's market positioning, financial performance and strategic direction will be provided. The presentation will be webcast live featuring high-definition, streaming video and PowerPoint slides. Access is available by logging on to the conference website http://www.noblemadmax.com or by going to OTI's website at http://www.otiglobal.com/content.aspx?id=231. It is recommended that interested parties register at least 15 minutes prior to the start of the presentation to ensure timely access.

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

1. SmartID -- Homeland security solutions -- national ID cards, e-passports and medical cards.

2. Payments -- Cashless solution for small ticket items.

3. EasyFuel -- Fuel management and petroleum solution.

Noble will also arrange one-on-one meetings with OTI. This will be an excellent opportunity to meet with OTI and receive an update on OTI's technology.

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.

About Noble Financial

Noble Financial is a privately-held, full-service capital markets firm driven by what is often overlooked by other firms -- uncovering the value embedded in the orphaned, undiscovered or misunderstood company. The company focuses on converting market inefficiencies into profit opportunities. Noble Financial supports emerging companies through strategic advice, investment banking, market-making, sales & trading, comprehensive equity research, and the development of institutional support. Noble Financial's equity conferences -- 2008 marks their fourth annual -- allow for a unique blend of professional and personal interaction among a diverse cross-section of executives. The company has operated for 24 years and has offices in Florida , New York City and Boston .

OTI Contact: Investor Relations Galit Mendelson Paul Holm Vice President of Corporate Relations portfoliopr 201 944 5200 ext. 111 212 888 4570 [email protected] [email protected]

SOURCE On Track Innovations Ltd.

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