OTI Annual Results Review Investor Meeting

FORT LEE, N.J., March 13  /PRNewswire-FirstCall/ -- On Track Innovations Ltd. (OTI) management would like to invite all of our shareholders to an Annual Results Review Meeting following the release of our 2005 operating results:

  A Review of OTI Annual Results and Strategy in 2005 and Beyond

  Date & Time: Monday March 27th, 2006 at 10am to 1pm.

  Location:
  The Intercontinental Hotel
  111 East 48th Street, between Park and Lexington Avenues
  Whitney, Lobby Level
  New York, NY 10014
  212-755-5900

  Buffet lunch will be available.



Please RSVP by March 23rd by emailing  or calling 201 944 5200 x 111.

For those unable to attend, the Company has scheduled a conference call and simultaneous Web cast. To participate in the call dial:

   1-888-245-7013 (U.S. toll free)
   1-809-245-917 (Israel toll free)
   0-800-180-8316  (Germany toll free)
   1-973-935-2981  (Standard international)
   ID Code: OTI

   At:

   7:00a.m. Pacific Time
   10:00 a.m. Eastern Standard Time
   16:00 Germany Time
   17:00 Israel Time



To listen to the web cast please go to: http://www.otiglobal.com/content.aspx?id=226

For those unable to participate, the teleconference will be available for replay until midnight April 2nd, by calling U.S.: 877-519-4471 or International; 973-341-3080 and entering the PIN number #7138730, or on the web at: http://www.otiglobal.com/content.aspx?id=226

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 Company of the Year Award in the field of smart cards. For more information on OTI, visit http://www.otiglobal.com/. 

DATASOURCE: On Track Innovations Ltd.



CONTACT:  Galit Mendelson, Director of Corporate Communications of On

Track Innovations Ltd., [phone] ext.111, or 



Web site:  http://www.otiglobal.com/ 

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