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Technology Stocks : On Track Innovations Ltd. (OTIV)
OTIV 1.25+0.8%Feb 27 8:10 PM ESTNews

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From: JakeStraw5/31/2011 3:21:35 PM
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OTI Receives New $6 Million Order in Support of Next Stage Expansion of National eID Program
finance.yahoo.com

Revenues to be Recognized in 2011

The new order is in support of an existing ID project announced last year, which is part of the country's effort to modernize and improve the security of its electronic ID cards. Last year, OTI successfully supplied its end-to-end turnkey solution based on its proprietary state-of-the-art, field-proven eID Magna(TM) platform in support of the nationwide infrastructure setup. The system includes both stationary and mobile stations for data enrollment and card issuance, the creation of a central national registry database, as well as the provision of contactless, highly-secured smart ID cards and a Biometric Automatic Fingerprint Identification System (AFIS), to detect and prevent double registration attempts by the same ID applicant.
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