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Technology Stocks : On Track Innovations Ltd. (OTIV)

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From: JakeStraw	11/11/2013 8:51:27 AM
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OTI Receives Purchase Orders of More Than $1 Million for EasyFuel Plus From Customers, Including a Major Global Supply Chain Provider finance.yahoo.com Order Marks 10th New Country for EasyFuel Deployments in 2013, 43rd Overall The orders follow a successful pilot deployment of the EasyFuel Plus solution in the Middle East. The major deployment will be in a new country for EasyFuel, bringing the total number of countries where EasyFuel is being used to 43. The solution includes OTI's Packaged Mobile Bowser and Home Base offerings. "The follow-on orders reflect the continued adoption of our vehicle fueling solutions and the increasing global demand for refueling automation and control," said Charlotte Hambly-Nuss, Managing Director of OTI Africa. "In fact, with this order, EasyFuel will have been deployed in 10 new countries this year, resulting in a 100% year-over-year increase in sales of our Mobile Bowser and Home Base packaged offerings."

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