On Track Innovations to Report Fourth Quarter and Full Year 2017 Financial Results and Host a Conference Call on Wednesday, March 21st at 9 a.m. Eastern Time

TEL AVIV, Israel, Mar. 6th, 2018 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment solutions, will release financial results for the fourth quarter and full year ended December 31, 2017 before markets open on Wednesday, March 21, 2018.

Management will host an investor conference call at 9:00 a.m. Eastern time on March 21, 2018, to discuss OTI's fourth quarter and full year 2017 financial results, provide a corporate update, and conclude with a Q&A from participants. To participate, please use the following information:

Q4 & FY 2017 Conference Call and Webcast

Date: Wednesday, March 21, 2018

Time: 9:00 a.m. Eastern time

U.S. Dial-in: 1-877-870-4263

International Dial-in: 1-412-317-0790

Webcast: https://www.webcaster4.com/Webcast/Page/1720/24729

Please dial in at least 10 minutes before the start of the call and request to join the "On Track Innovations Q4 2017 Earnings Conference Call" to ensure timely participation.

The conference call will be available for replay by clicking here and via the investor relations section of the company's website.

About OTI

On Track Innovations (NASDAQ: OTIV) is a global leader in the design, manufacture, and sale of secure cashless payment solutions using contactless NFC technology with an extensive patent and IP portfolio. OTI's field-proven innovations have been deployed around the world to address cashless payment and management requirements for the Internet of Payment Things (IoPT), wearables, automated retail and petroleum markets. OTI distributes and supports its solutions through a global network of regional offices and alliances. OTI is the proud recipient of the 2017 AI Award for Best Cashless Payment Solutions Provider – Israel. For more information, please visit www.otiglobal.com.

Safe Harbor for Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Whenever we use words such as "believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions, we are making forward-looking statements. For example, we are using forward-looking statements when we discuss our expectations regarding our growth or profitability, reduction of costs and expenses, expected divestitures, plans for our existing and new products and services, penetration of new markets and securing new customers, contributions of our regions to our growth, resolution of our outstanding patent infringement claims, strengthening of our balance sheet and delivery long-term shareholder value. Because such statements deal with future events and are based on OTI's current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of OTI could differ materially from those described in or implied by the statements in this press release. Forward-looking statements could be impacted by the effects of the protracted evaluation and validation periods in the U.S. and other markets for contactless payment cards, or new and existing products and our ability to execute production on orders, as well as other risks and uncertainties, including those discussed in the "Risk Factors" section and elsewhere in our Annual Report on Form 10-K for the year ended December 31, 2016, and in subsequent filings with the Securities and Exchange Commission. Although we believe that the expectations reflected in such forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be achieved. Except as otherwise required by law, OTI disclaims any intention or obligation to update or revise any forward-looking statements, which speak only as of the date hereof, whether as a result of new information, future events or circumstances or otherwise. The reader is cautioned not to place undue reliance on forward-looking statements.

OTI Press Contact:

Richard Harris
Marketing Manager

OTI Investor Relations Contact:

Greg Falesnik
Managing Director
MZ Group – MZ North America
Main: +1-949-385-6449

Cision View original content:http://www.prnewswire.com/news-releases/on-track-innovations-to-report-fourth-quarter-and-full-year-2017-financial-results-and-host-a-conference-call-on-wednesday-march-21st-at-9-am-eastern-time-300608742.html

SOURCE On Track Innovations Ltd. (OTI)


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