CAPE TOWN, SOUTH AFRICA — (Marketwired) — 05/03/16 — , a global Value Added Reseller of petroleum payment solutions and products and a wholly owned subsidiary of (NASDAQ: OTIV), and a venture capital backed company specialising in mobile payment solutions for fuel retailing, announced today a mutual partnership that will deliver secure mobile payment solutions for corporate fleet vehicles.Under the terms of the partnership, OTI PetroSmart–s proven and globally deployed Automatic Vehicle I
CAPE TOWN, SOUTH AFRICA — (Marketwired) — 05/02/16 — , a global Value Added Reseller of petroleum payment solutions and products and a wholly owned subsidiary of (NASDAQ: OTIV), and a venture capital backed company specialising in mobile payment solutions for fuel retailing, announced today a mutual partnership that will deliver secure mobile payment solutions for corporate fleet vehicles.Under the terms of the partnership, OTI PetroSmart–s proven and globally deployed Automatic Vehicle I
ROSH PINA, ISRAEL — (Marketwired) — 04/29/16 — (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment systems, will hold a conference call on Tuesday, May 10 at 10:30 a.m. Eastern time to discuss results for the first quarter ended March 31, 2016. Financial results will be issued in a press release prior to the call.oti CEO Shlomi Cohen and CFO Yishay Curelaru will host the presentation, followed by a question and answer period.Date: Tuesday, May 10, 2016
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ROSH PINA, ISRAEL — (Marketwired) — 04/27/16 — (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment systems, has appointed as its exclusive distributor of NFC readers and payment solutions to the Romanian vending market.Founded in 2013, Romania Gripen Environmental is a distributor of snack and beverage vending machines in Romania. The company has quickly established a significant installed base of machines in Romania–s capital of Bucharest and its seco
ROSH PINA, ISRAEL — (Marketwired) — 04/25/16 — (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment systems, has formed a strategic partnership with Swiss-based , one of the leading European providers of closed loop cashless payment systems for vending and office coffee service (OCS).The companies will introduce a solution that integrates Microtronic–s award-winning e-vending and closed loop payment solution into oti–s CONNECT 3000 telemetry device and p
ROSH PINA, ISRAEL and CAPE TOWN, SOUTH AFRICA — (Marketwired) — 04/18/16 — , a wholly owned subsidiary of (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment systems, has received an order from Smart Applications International Ltd. (Smart) for more than 500,000 MediSmart cards.oti–s MediSmart solution is an information management and claims submission system that incorporates contactless smart card and biometric technologies. MediSmart cards validate th
ROSH PINA, ISRAEL — (Marketwired) — 04/04/16 — (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment systems, has appointed Valinso B.V. as its exclusive distributor of NFC-based readers and payment solutions to the markets of The Netherlands and Flanders, the northern half region of Belgium.Founded in 2010, Netherlands-based Valinso is a leading service provider of telemetry and cashless payments systems to the Netherlands and Flanders vending markets. Va
ROSH PINA, ISRAEL and LAS VEGAS, NV — (Marketwired) — 03/28/16 — (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment systems, has partnered with , the Foodservice Technology Company, to equip drive thru kiosks with oti–s .oti–s selection by NEXTEP SYSTEMS followed an extensive evaluation and testing process of oti–s TRIO reader, a modular payment device that supports up to three cashless payment interfaces. oti designed the TRIO reader for installation
ROSH PINA, ISRAEL — (Marketwired) — 03/23/16 — (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, reported financial results for the fourth quarter and fiscal year ended December 31, 2015.Introduced a developed to support entry into new growth markets and industry verticals, including ATM, kiosk and gaming.Outsourced manufacturing and production to third-party vendors, allowing for greater efficiency, reduced operating cost and higher margin
ROSH PINA, ISRAEL — (Marketwired) — 03/17/16 — (NASDAQ: OTIV), a global provider of Near Field Communication (NFC) and cashless payment solutions, has secured a series of follow-on orders from a U.S.-based strategic channel partner to supply 20,000 of its SATURN 6500 NFC readers to the North American self-serve market. The initial shipment of the readers is scheduled for immediate delivery."Our sales momentum this year demonstrates the demand for our industry-leading products, driven by
