oti Introduces New Products for the Global NFC Market - Seite 2
The new products will join the lineup of oti's existing cashless payment solutions, which have been deployed globally by leading institutions, and have processed millions of NFC transitions:
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TRIO: Modular payment reader that supports three
cashless payment interfaces in a single enclosure.
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UNO: Ultra-compact NFC reader designed for a range of cashless
payment environments.
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SATURN 6000: Contactless-only reader, supporting
open-loop payment and closed-loop loyalty programs, providing unsurpassed cost-to-performance results.
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SATURN 6100: Compact and cost-effective
contactless card reader board, designed for easy integration into terminals, including POS, mass transit validators and vending machines.
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CONNECT 3000: The ultimate M2M controller, specifically
designed to enable real-time clearing of cashless payments and real-time remote machine inventory control and maintenance information.
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WAVE: After-market solution that adds NFC, contactless payment and MIFARE
capabilities to existing iPhone and Android mobile devices.
About oti
On Track Innovations Ltd. (oti) is a leader in contactless and NFC applications based on its extensive patent and IP portfolio. oti's field-proven innovations have
been deployed around the world to address NFC and other cashless payment solutions, petroleum payment and management, cashless parking fee collection systems and mass transit ticketing. oti markets
and supports its solutions through a global network of regional offices and alliances. For more information, visit www.otiglobal.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other Federal
securities laws. Whenever we use words such as "believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions, we are making forward-looking statements. Because such
statements deal with future events and are based on oti's current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of oti could
differ materially from those described in or implied by the statements in this press release. Forward-looking statements could be impacted by the effects of the protracted evaluation and validation
periods in the U.S. and other markets for contactless payment cards, or new and existing products and our ability to execute production on orders, as well as other risks and uncertainties,
including those discussed in the "Risk Factors" section and elsewhere in our Annual Report on Form 10-K for the year ended December 31, 2014, and in subsequent filings with the Securities and
Exchange Commission. Although we believe that the expectations reflected in such forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will
be achieved. Except as otherwise required by law, oti disclaims any intention or obligation to update or revise any forward-looking statements, which speak only as of the date hereof, whether as a
result of new information, future events or circumstances or otherwise.
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Investor Contact:
Scott Liolios or Matt Glover
Liolios Group, Inc.
949-574-3860
Email Contact
Press Contact:
Neil Barr
oti Marketing director
Email Contact