SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : On Track Innovations Ltd. (OTIV)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: JakeStraw5/16/2011 8:31:37 AM
   of 90
 
OTI Awarded a Ten-Year Contract to Supply EasyFuel System to a Government Agency With Initial Order Totals $2.5 million
zillow.com

Oded Bashan, Chairman, & CEO of OTI commented, "The EasyFuel product provides a perfect fit for monitoring and controlling fuel consumption and fleet activity. It provides excellent value to customers and presents a long--term, ongoing, high-margin revenue stream for OTI by providing hardware, software and additional services for each project."

EasyFuel is easy, quick and cost-effective to install and maintain and the solution enables a fast turnaround at the pump. The EasyFuel system has built-in benefits for oil companies, commercial fleet operators, financial institutions and private motorists. The oil companies build loyalty with fleet companies via long-term contracts, as well as with private motorists. The OTI solutions are easily integrated into existing hardware and software systems. The system allows for 24-hour non-attendant sales, as well as greater in-store purchases. Fleet companies eliminate non-authorized fueling and receive comprehensive billing and detailed operating information. Financial institutions benefit from new transaction fees and greater cash flow. Retail customers receive 24-hour, fast, cashless service as well as loyalty program rewards.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext