ROSH PINA, ISRAEL — (Marketwired) — 01/25/16 — (NASDAQ: OTIV), a global provider of Near Field Communication (NFC) and cashless payment solutions, has appointed Yishay Curelaru as its chief financial officer, effective January 31, 2016. Curelaru succeeds Shay Tomer, whose departure was on January 6, 2016.Curelaru previously served as oti–s controller and deputy CFO since 2013, overseeing the company–s finance department. During his time as deputy CFO, Curelaru demonstrated his ability to
ROSH PINA, ISRAEL — (Marketwired) — 01/19/16 — (NASDAQ: OTIV), a global provider of Near Field Communication (NFC) and cashless payment solutions, has partnered with the leading global provider of magnetic card readers used in financial self-service terminals. Together, they plan to work with providers of integrated self-service solutions to equip financial terminals with oti–s Saturn 6700 UNO and new Saturn 8700 UNO NFC readers.The new partner–s selection of oti followed an extensive eva
ROSH PINA, ISRAEL — (Marketwired) — 01/06/16 — (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, has initiated a search for a new CFO to succeed Shay Tomer, who is planning to leave the company after nine years to pursue other interests. Tomer will continue to serve as CFO until the earlier of July 4, 2016 or until his successor is hired."We would like to thank Shay for his dedication and valuable contributions to oti over the last nine
ROSH PINA, ISRAEL — (Marketwired) — 11/12/15 — (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, reported financial results for the third quarter ended September 30, 2015.Appointed Shlomi Cohen as CEO, who brings more than 25 years of experience managing global organizations to advance the sales of oti–s cashless payment solutions.Implemented a new go-to-market strategy designed to advance the company–s NFC market leadership and drive gro
ROSH PINA, ISRAEL — (Marketwired) — 11/02/15 — (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, will hold a conference call on Thursday, November 12 at 10:30 a.m. Eastern time to discuss results for the third quarter ended September 30, 2015. Financial results will be issued in a press release prior to the call.oti–s CEO Shlomi Cohen and CFO Shay Tomer will host the presentation, followed by a question and answer period.Date: Thursday, Nove
ROSH PINA, ISRAEL — (Marketwired) — 10/22/15 — (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, will exhibit with Nidec Sankyo Corporation, a leading provider of card readers to the financial and retail industries and a subsidiary of Nidec Corporation (NYSE: NJ), at a joint booth (Booth #1421) at . The event will be held on October 26-28, 2015 at The Venetian Resort Hotel Casino in Las Vegas.oti and Nidec Sankyo will demonstrate various pr
ROSH PINA, ISRAEL — (Marketwired) — 09/30/15 — (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, announced that it filed earlier today patent infringement lawsuits against mobile carriers AT&T and Verizon Wireless (Cases No. 1:15-cv-07698 S.D.N.Y. and 1:15-cv-07699 S.D.N.Y.). The lawsuits allege infringement of oti–s U.S. Patent No. 6,045,043 ("the –043 patent"), based on AT&T and Verizon–s offering for sale and/or sale o
ROSH PINA, ISRAEL — (Marketwired) — 08/06/15 — (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, reported financial results for the second quarter ended June 30, 2015.Formed strategic partnership with Billing System Corporation to provide oti–s NFC payment solutions in Japan.Integrated NFC readers with Android Pay to support retail mobile payment and customer loyalty programs.Released CONNECT 3000, a new telemetry controller device that ena
