On Track Innovations Ltd Schedules First Quarter Conference Call

FORT LEE, N.J., May 22  /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, announced today that it will report first quarter 2007 operating results on Tuesday, May 29, at 10:00 a.m. Eastern Daylight Savings Time. The Company has scheduled a conference call and simultaneous Web cast. To participate, call:

  1-866-491-4244 (U.S. toll free)
  1-809-245-917 (Israel toll free)
  0-800-180-8316 (Germany toll free)
  1-973-582-2815 (Standard international)
  ID Code: OTI Q1 2007 Results Conference Call
  At:
  7:00 a.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 June 5th, by calling U.S.: 877-519-4471 or International; 973-341-3080 and entering the PIN number # 8836804 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 and loyalty programs. 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/.

  OTI Contact:
  Galit Mendelson
  Director of Corporate
  201 944 5200 ext. 111
  

DATASOURCE: On Track Innovations



CONTACT:  Galit Mendelson, Director of Corporate Communications,

[phone] ext. 111, 



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

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