On Track Innovations Ltd.: erhält Folgeauftrag
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Netter versuch....
OTI's Wholly Owned Subsidiary in Poland - ASEC - Wins Additional Award for Half a Million Multi-Application Contactless Cards from the City of Warsaw
Monday May 5, 3:00 am ET
Contactless Cards are Used for Public Transportation and Parking Solutions
FORT LEE, N.J., May 5 /PRNewswire-FirstCall/ -- On Track Innovations Ltd (OTI) (Nasdaq: OTIV - News), a global leader in contactless microprocessor-based smart card solutions for homeland security, payments, petroleum payments and other applications, today announced that its subsidiary, ASEC S.A. ("ASEC") in Poland, will provide the Transport Department of the City of Warsaw with additional public transportation and street parking contactless e-tickets. This is an additional award, following deliveries of more than a million cards that have already been supplied as part of the program. The additional contract award deliveries are expected to be completed this year.
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Warsaw residents use OTI's contactless cards for bus, tram, and metro rides, as well as for street parking. ASEC also provided additional services and products for the project including: terminals with integrated contactless readers that enable card loading and perform sale transactions, as well as automated ticket vending machines and software for data gathering and sales monitoring.
About OTI
Established in 1990, OTI (Nasdaq: OTIV - News) designs, develops and markets secure contactless microprocessor-based smart card technology to address the needs of a wide variety of markets. Applications developed by OTI include product solutions for petroleum payment systems, homeland security solutions, electronic passports and IDs, payments, mass transit ticketing, parking, loyalty programs and secure campuses. OTI has a global network of regional offices to market and support its products. The company was awarded the Frost & Sullivan 2005 and 2006 Company of the Year Award in the field of smart cards.
For more information on OTI, visit www.otiglobal.com, the content of which is not part of this press release.
Safe Harbor for Forward-Looking Statements:
This press release may contain forward-looking statements within the meaning of the "safe harbor" provisions 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. 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. For example, forward-looking statements include statements regarding our goals, beliefs, future growth strategies, objectives, plans or current expectations, such as those regarding the expected income to be generated from the orders from the Transport Department of the City of Warsaw. Forward-looking statements could be impacted by market acceptance of new and existing products and our ability to execute production on orders, as well as the other risk factors discussed in OTI's Annual Report on Form 20-F for the year ended December 31, 2006, which is on file with the Securities and Exchange Commission. Although OTI believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its 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.
OTI Contact:
Galit Mendelson
Director of Corporate Communications
201 944 5200 ext. 111
galit@otiglobal.com
Investor Relations
Paul Holm
portfoliopr
212 888 4570
paulh@portfoliopr.biz
--------------------------------------------------
Source: On Track Innovations Ltd
Nun gut: Kleinvieh macht auch Mist. Schön ist, dass es weiter geht.
Wünsche allen einen Tanz in den Wonnemonat Juni.
mfG edugat
ich bin zurück aus dem Urlaub und habe mir gerade die Zahlen zum ersten Quartal angesehen. Die sind woll kaum eine Überraschung. Man arbeitet aber an Kostenreduzierungen, was gut ist. Man hält an dem Umsatzziel von +10% für 2008 fest. Die Kursdelle auf bis 2.3$ lässt mich vermuten, dass in der Sommerflautenzeit Juli/August dieser Wert nochmals erreicht werden kann, wenn nicht vorher eine Nachricht eines größeren Auftrages kommt.
Wie ist eure Einschätzung? Habt ihr weitere Informationen?
Schaut Euch mal diese Seite an. Es könnte ein schönes Geschäft für Oti in Breslau geben. http://66.102.9.104/...x-a%26rls%3Dorg.mozilla:de:official%26hs%3DS0R
mfG edugat
mein Urlaub ist wegen dem (Geschäfts-)Alltag leider schon vergessen. Das Spiel gegen Portugal gestern war wirklich klasse. Ich denke, wir kommen nun ins Halbfinale.
Leider verstehe ich die Übersetzung deines Artikels nicht ganz. Es scheint aber diesmal um einen richtig dicken Fisch in Polen zu gehen. Da wird ja tatsächlich vom Mio. € gesprochen und nicht über 100.000er Beträge.
Könntest du mir das Original in Englisch besorgen?
Gruß
März
ASEC, eine 100% Tochter von OTI, hat demnach offensichtlich die Ausschreibung dazu gewonnen. Die Konkurenz legte aber Widerspruch ein, da sie billiger angeboten hätte und sich benachteiligt fühlt. Von offizieller Seite wird aber begründet, dass das OTI-System leistungsfähiger ist und für zukünftige Anwendungen mehr Möglichkeiten zulässt.
Der Widerspruch verzögert das Projekt jetzt, welches bereits ab 2009 bzw. 2010 starten sollte.
Soweit habe ich diesen Vorgang verstanden. Gibts noch weitere Infos dazu?
Das wäre nämlich das bisher größte Projekt, welches OTI umsetzen würde.
Gleichzeitig sieht man, was zukünftig für Umsatzmöglichkeiten bestehen. Nur für Polen bereits ein Projekt von 100 Mio. $. Was ist dann erst, wenn MasterCard so richtig in USA loslegt ?!
mfG edugat
Jakubas calls for transparency in Wrocław ticket tender
26th May 2008
The main investor in Mennica Polska Zbigniew Jakubas demanded transparency
in a zł.200 million tender for creating a revolutionary system of payments
in Wrocław
The main investor in Mennica Polska Zbigniew Jakubas demanded transparency in a zł.200 million tender for creating a revolutionary system of payments in Wrocław - the Wrocław Urban Card. The main contender in this tender is a consortium headed by ASEC, a subsidiary of Israeli On Track Innovations concern.
The contest should be resolved within the next few days but there are plenty of controversies. Mennica claimed its offer has been discriminated against and threatened they call in the Central Anti-Corruption Bureau, while apparently officials prefer the offer of ASEC.
According to Puls Biznesu, the offer of ASEC is worth about zł.220 million, while the offer of Mennica costs almost zł.180 million.
"We want an operator that will create a developing, modern and open system of payments for different services and not only public transportation tickets and parking meters. Mennica is unable to provide such solutions and thus its offer is worse than the one of ASEC. This is not preferring a contractor, but rational assessment of both offers," said one of the Wrocław city officials.
Source: Puls Biznesu
From Warsaw Business Journal
Habe noch etwas gefunden, aber wieder aus dem Polnischen übersetzt.
noch eine andere Seite:http://translate.google.de/...mozilla:de:official%26hs%3DY9D%26sa%3DG
aus dem letzten Artikel der Übersetzung aus dem Polnischen geht ganz klar hervor, dass ASEC bzw. OTI eindeutige technische Vorteile bietet.
Den übersetzten Teil mit dem Projekt aus Lissabon verstehe ich nicht ganz. Gibt es ein Projekt in Lissabon, wo OTI bereits beteiligt ist und als Referenz gilt?
http://google.brand.edgar-online.com/...default.aspx%253fsym%253dOTIV
Mal sehen, was wieder für ihn raus springt.
mfG edugat
Sie waren ja besser gewesen als unsere Jungs.
edugat
Bis zum Beginn des Sommerlochs von OTI bist du also wieder da. Dann können wir uns über das weitere Einsammeln unterhalten.
Gruß
März
Charter transportation Mint protest rejected
Jacek Harłukowicz Jacek Harłukowicz
2008-07-07, ostatnia aktualizacja 2008-07-07 18:35 2008-07-07,
last updated 2008-07-07 18:35
Most likely, a city on October 20 with a consortium of companies will sign an agreement on the implementation of ASEC in Wroclaw city card. W miniony piątek Krajowa Izba Odwoławcza odrzuciła protest Mennicy Polskiej, która przetarg przegrała. In the previous Friday the National Board of Appeal rejected the protest of the Mint of Poland, which has been tender.
Although ASEC is to offer 35 million more expensive than the competition, May 30 miejscy officials have determined that it posed a consortium to better meet the expectations: ASEC card in the proposal is to replace not only the public transport tickets, but also in the future, tickets for cinemas, theatres, aquapark, Limited, and even be a sort of a credit card with the possibility of micro. From that decision at the end of June Mint appealed to Poland, acting at the Public Procurement Office, the National Board of Appeal.
Marcin Urban, treasurer of Wroclaw: - During the hearing on July 3 rejected all allegations Mint, considering that adopted by us way to evaluate the bids was correct, and the best specialists in their bid not left dry thread, noting that the Mint had no idea how to implement such a card On which we depend.
Batalia before KIO, however, does not end the dispute with the city Mennicą. Its representatives may yet appeal against the judgement of the court. We expect to Wroclaw such protest. -- Judgement, which came on July 3, however, does not give them greater opportunities - convinces Urban.
If the court does not consider the arguments Mint, the contract between the city and a consortium ASEC will be signed most likely around 20 October, and already the summer of 2010 years Urban card should be used. This time ASEC will use the implementation of the system, equipping 700 buses and trams with a special card readers, their printing and signing contracts with other companies wishing to them for their service could pay by card.
Source: Gazeta Wyborcza Wrocław Source: Gazeta Wyborcza Wroclaw
Wednesday July 16, 8:00 am ET
- ID Parking Provides Electronic Parking Solutions in Approximately 40 Municipalities Across France
- Platform for Offering EasyPark(TM) As Next Generation Parking Solution
FORT LEE, N.J., July 16 /PRNewswire-FirstCall/ -- On Track Innovations Ltd., (OTI) (Nasdaq: OTIV - News), today announced that it has acquired, through its subsidiary PARX Ltd., 100% of the share capital of ID Parking, a Paris based company that provides electronic parking solutions. This acquisition is in accordance with OTI's strategy of focusing on products and projects which generate high margin recurring revenues and supports OTI's global efforts to market the EasyPark(TM) product. The transaction provides OTI with a platform to readily access the French electronic parking payment market and offer multiple solutions for parking payment, including OTI's patented in-vehicle electronic parking meter -- the EasyPark(TM) product. The EasyPark(TM) business model is one in which revenues are generated from product sales, transaction fees and customer support.
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PARX is OTI's subsidiary responsible for marketing, operating and distributing advanced parking solutions, including the EasyPark(TM) product, in the international markets. ID Parking, which will operate under the name of PARX France, currently provides electronic parking solutions for approximately 40 municipalities in France. ID Parking was purchased for an aggregate purchase price of 750,000 euro, comprised of 250,000 euro in cash and 500,000 euro in OTI shares. The OTI shares are subject to a lock-up arrangement, under which one third of those shares will be released from lock-up every six months following the closing date (for an aggregate period of 18 months). According to the lock up arrangement, the number of shares will be calculated according to the actual share price at the time of the release; in the case that the share value exceeds 500K Euro, a respective amount of shares will be forfeited, and if the value is less than 500K Euro, OTI will pay the difference in cash. A maximum of up to 300,698 of OTI ordinary shares have been allocated to complete the transaction.
Commenting on the transaction, Oded Bashan, OTI's Chairman and CEO, said "The transaction is in line with OTI's strategy to identify the most cost effective way in which to enter new markets. This acquisition will allow OTI to enter the French parking market while saving time to market and leveraging the existing customer base."
Bashan added: "We will continue to maintain and expand PARX France's customer base, while offering EasyPark(TM) as a next generation solution."
About OTI
Established in 1990, OTI (Nasdaq: OTIV - News) designs, develops and markets secure contactless microprocessor-based smart card technology to address the needs of a wide variety of markets. Applications developed by OTI include product solutions for petroleum payment systems, homeland security solutions, electronic passports and IDs, payments, mass transit ticketing, parking, loyalty programs and secure campuses. OTI has a global network of regional offices to market and support its products. The company was awarded the Frost & Sullivan 2005 and 2006 Company of the Year Award in the field of smart cards.
For more information on OTI, visit www.otiglobal.com , the content of which is not part of this press release.
Safe Harbor for Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Whenever we use words such as "will" ,"believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions, we are making forward-looking statements. 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. For example, forward-looking statements include statements regarding our goals, beliefs, future growth strategies, objectives, plans or current expectations, such as those regarding the expected benefits of the acquisition of ID Parking and OTI's intention to maintain and expand PARX France's customer base, while offering EasyPark(TM) as a next generation solution. Forward-looking statements could be impacted by market acceptance of new and existing products and our ability to execute production on orders, as well as the other risk factors discussed in OTI's Annual Report on Form 20-F for the year ended December 31, 2006, which is on file with the Securities and Exchange Commission. Although OTI believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its 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.
Zudem gehört das Benutzen der Karten (z.B statt Barzahlungen) dort eher zum täglichen Leben. OTI hat also einen guten Schritt gemacht (siehe ASEC Polen).
Z.Z. wird das aber abgestraft. Die Investition von 750.000 EURO wurden von den Anlegern in den letzten Tagen ofensichtlich als Verlust gebucht und vom Kurs abgezogen. Das sehe ich mittelfristig anders, sobald der Umsatz von PARX France hinzukommt.
Gruß
März