On Track Innovations Ltd. (OTIV) Message Board

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Technology Stocks : On Track Innovations Ltd. (OTIV)

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From: JakeStraw	9/13/2011 9:08:10 AM
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OTI's Warsaw e-Ticketing Contract's Transaction Fee Revenues Expected to Increase to $25 Million as a Result of a Four-Year Extension finance.yahoo.com The original award from 2008 was scheduled to end in 2013, and the new extension ensures a smooth and continuous operation until the end of 2017. Total direct revenues generated from transaction fees over the entire project's life span are expected to reach approximately $25 million, with approximately $20 million over the next 6 years.

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