On Track Innovations Ltd. (OTIV) Message Board

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Technology Stocks : On Track Innovations Ltd. (OTIV)

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From: JakeStraw	5/31/2011 3:21:35 PM
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OTI Receives New $6 Million Order in Support of Next Stage Expansion of National eID Program finance.yahoo.com Revenues to be Recognized in 2011 The new order is in support of an existing ID project announced last year, which is part of the country's effort to modernize and improve the security of its electronic ID cards. Last year, OTI successfully supplied its end-to-end turnkey solution based on its proprietary state-of-the-art, field-proven eID Magna(TM) platform in support of the nationwide infrastructure setup. The system includes both stationary and mobile stations for data enrollment and card issuance, the creation of a central national registry database, as well as the provision of contactless, highly-secured smart ID cards and a Biometric Automatic Fingerprint Identification System (AFIS), to detect and prevent double registration attempts by the same ID applicant.

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