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Technology Stocks : On Track Innovations Ltd. (OTIV)

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From: JakeStraw2/19/2014 8:47:18 AM
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oti Named Finalist for a 2014 PYMNTS Innovator Award
finance.yahoo.com

“We’re honored to be considered for this prestigious industry award and be recognized for our company’s product development and enhancements over the last year,” said Ofer Tziperman, CEO of oti. “2013 marked a pivotal year for oti, with our new board of directors and executive team refocusing the company on its core NFC-based payment technology that sets it apart from the competition.”

“As a result, we’ve enjoyed accelerating sales momentum, with the industry adopting our technology as the 'de facto standard,'” continued Tziperman. “With the global marketplace at a tipping point in the transition to cashless payments, we will continue to leverage our patented technology and worldwide presence to capitalize on this multi-billion dollar revolution.”
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