Oti.co.il

Title

OTI On Track Innovations Ltd. Secured Contactless Smart Card Solutions.

Description

With first-mover advantage in microprocessor-based contactless smart card solutions around the world, OTI’s strengths create the perfect opportunity for market leadership. The Company’s technology platform is the driving force behind OTI’s integrated suite of products and services. This platform, based on extensive portfolio of patents and other intellectual property, is the obvious choice for today’s complex business needs. OTI’s technological superiority is based on its breadth of IP across all aspects of the value chain, while its tightly integrated network of subsidiaries and distributors build a solid delivery channel from concept development to customer installation. Further penetration into these markets is advanced through strong partnerships with industry leaders in targeted vertical markets: petroleum payment solutions, micropayments for small ticket items and SmartID for credentialing, identification and verification of individuals. OTI is directed by an experienced, cohesive, and exceptionally stable management team, who utilizes a unique business model, with a high-margin revenue model of ongoing transaction fees. With the ability to provide completely integrated products, services and technologies to the market, OTI provides its customers with unbeatable value proposition.

OTI designs, develops and markets secure contactless microprocessor-based smart card solutions to address the needs of a wide variety of markets. All of the Company's products are based on a common platform, established on OTI's patents and technologies, which consist of smart cards, readers, application development software, and a communications technology that ensures secure and reliable communication from end to end. As a member of the International Standards Organization (ISO) 14443 committee on contactless smart card standards and the B10 committee, OTI contributes to the development of these standards and remains at the forefront of contactless technology. OTI has developed and patented a communications technology that includes both a proprietary communication protocol and an encryption method, ensuring high-speed, secure transmission of data between the card and reader. OTI’s versatile product line includes OEM components, customized products, and complete systems to meet customer requirements.

OTI focuses on three vertical markets; petroleum payment solutions for fleet and retail customers, micrpayments solutions for small ticket items including loyalty programs and e-purse for convenient payment, and SmartID solutions for credentialing, identification and verification of travelers, employess and more.

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