ROSH PINNA, Israel, Jan. 8,
2018 /PRNewswire/ -- On Track Innovations Ltd. (OTI)
(NASDAQ: OTIV), a global provider of near field communication (NFC)
and cashless payment solutions, accept cryptocurrency as a way to
purchase its innovative cashless payment solutions.
A cryptocurrency is an alternative asset designed to work as a
medium of exchange and uses cryptography to secure its
transactions.
"Bitcoin, Bitcoin Cash, Ethereum & Ripple Digital
Currencies, amongst other digital currencies, have become the
conventional bearer for cryptocurrencies, and we predict it will
become a market standard in the future of global payment," says
Shlomi Cohen CEO OTI Group "We look to the future with
cryptocurrencies and are ready to encourage the purchase of our
unique solutions."
For more information regarding the purchase of OTI's solutions
with Digital Currencies, please visit our website.
About OTI
On Track Innovations (OTI) 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, visit
www.otiglobal.com.
Safe Harbor for Forward-Looking Statements should be
revised
This press release may contain 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," "predict," "likely," "foresee," "should,"
"could," "may," "will" 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, expected divestitures, plans
for our existing and new products and services, penetration of new
markets and securing new customers . 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
+972-4-686-8004
press@otiglobal.com
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SOURCE On Track Innovations Ltd (OTI)