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OTI Receives an Award By the U.S. Government for "`Electronic` Passports" January 12, 2005 11:11:00 AM ET FORT LEE, N.J., Jan. 12 /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, micropayments, petroleum payments and other applications, today announced today that its wholly owned subsidiary, OTI America Inc. has been notified by the U.S. Government Printing Office (GPO) that OTI America has received an award under the GPO EP 2004 solicitation to provide Electronic Passports to the U.S. Government. The award is in addition to similar awards, announced in October 2004. It is anticipated that one or several companies will ultimately be selected for the production stage. Ohad Bashan, President & CEO of OTI America, stated that, "We are very pleased that the GPO has determined to make the award to us. We believe that, on the basis of the work that we will perform under the contract, the technology that we have developed for use in the growing world-wide market for personal identification and other homeland security applications we will be selected for use in the production stage of the U.S. passports." |
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| aus der Diskussion: | O T I* EIN BLUECHIP 2OO1/2...MIT MEGAPOTENTIAL³!!! BE.Q4? |
| Autor (Datum des Eintrages): | laurent11 (12.01.05 17:22:23) |
| Beitrag: | 13,532 von 13,725 (ID:15511495) |
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