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Company Name On Track Innovations Ltd. Ticker Symbol OTIV

 Address 2 Executive Dr.
Ste. 740
Fort Lee, NJ 07024
United States
Email info@otiamerica.com Phone 1-201-944-5200
Website www.oti.co.il Fax 1-201-944-3233


 
Business Information

The company's principal activities are the design, development, sale and support of contactless microprocessor-based smart cards. The company supplies technologies and components and develops smart card applications and solutions for projects such as: electronic purses which incorporate multiple functions in a single smart card; contactless smart cards for use by passengers in mass transportation systems; national identification documentation; gasoline management systems; electronic parking systems and employee hygiene control. The company's research and development activities are based in Israel. Its manufacturing, assembly and testing and packaging facilities are located in Israel and Germany. The global sales & marketing strategy is directed from the usa. Its shares are traded on the neuer market stock exchange. Products accounted for 87% of 2001 revenues; licensing & transaction fees, 7%; customer service & tech. Support, 3% and non-recurring engineering, 3%.

Executive Information
Name Title Email
Oded BashanChmn., CEO, Pres. N/A
David AzoulayCOO N/A
Guy ShafranCFO N/A
Ohad BashanDir., Chief Marketing Officer N/A
Aharon BinurVP - Research, Development N/A

 
Financial Information  ( All figures in $ '000 )
Year Sales Net Income
2005 35,664(9,113)
2004 23,152(9,275)
2003 19,595(3,567)

 
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