OTI to Present at Kaufman Bros. Software Investor Conference

OTI to Present at Kaufman Bros. Software Investor Conference



FORT LEE, N.J., May 4  /PRNewswire-FirstCall/ -- On Track Innovations Ltd.,
(OTI) (Nasdaq: OTIV; Prime Standard [Frankfurt]: OT5), a global leader in
contactless microprocessor-based smart card solutions for homeland security,
payments, petroleum payments and other applications, will be presenting at
Kaufman Bros., L.P. Fifth Annual Software Investor Conference to be held at The
InterContinental The Barclay New York Hotel located at 111 East 48th Street
between Park and Lexington Avenues, New York, NY 10014, 212-755-5900.

The Conference is being held on Tuesday, May 10, 2005 and Mr. Ohad Bashan, Head
of Global Marketing and Strategic Development for OTI, will present from 2:20pm
to 2:50pm, which includes time for questions and answers. Kaufman Bros. will
also arrange one-on-one meetings with OTI.

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

   * SmartID -- Homeland security solutions- national ID cards, e-passports
     and medical cards.
   * Payments -- Cashless solution for small ticket items.
   * EasyFuel -- Fuel management and petroleum solution.



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

For further information on Kaufman Bros., L.P. Fifth Annual Software Investor
Conference, please contact Ms. Barbara Bradley at Kaufman Bros. at (212)
292-8129 or e-mail: .

About OTI

Established in 1990, OTI (NASDAQ:OTIVNASDAQ:PrimeNASDAQ:Standard:NASDAQ:OT5)
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, micro 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 prestigious ESCAT Award for smart card innovation in
both 1998 and 2000. For more information on OTI, visit
http://www.otiglobal.com/

   OTI Contact:                                 Media Relations:
   Galit Mendelson                              Adam Handelsman
   Director of Corporate Communication, OTI     5W Public Relations
   201 944 5200 ext. 111                        212 999 5585
                             

   IR Contact:
   Paul Holm
   PortfolioPR
   212 736 9224
   

DATASOURCE: On Track Innovations Ltd.



CONTACT:  Galit Mendelson, Director of Corporate Communication, OTI,

[phone] ext. 111, ; Media - Adam Handelsman, 5W

Public Relations, [phone], ; Investors - Paul

Holm, PortfolioPR, [phone], , all for On Track

Innovations Ltd.



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

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