Technology Stocks : On Track Innovations Ltd. (OTIV)
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From: JakeStraw1/15/2015 9:08:08 AM
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OTI PetroSmart Awarded Global Tender by Multinational Oil Company to Supply EasyFuel Plus

"We are particularly proud of this award, which not only serves as further validation of the superiority of the EasyFuel Plus solution and our technical architecture, which leverages our universal integration approach, but also serves to acknowledge OTI PetroSmart's track record, positioning and capacity to address the system integration; implementation; remote support and back-office information management and reporting requirements of major petroleum retailers," said Charlotte Hambly-Nuss, Managing Director of OTI PetroSmart.

EasyFuel Plus is based on oti's state-of-the-art contactless smart card technology platform, providing customers with maximum flexibility and security. The solution allows organizations to address fuel fraud and meet savings targets by automating the payment process and gathering of data for fuel management purposes.
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