Contactless Smart Cards, RFID, Payment, Transit and Security

OTI tapped for national ID program

Tuesday, June 8, 2010

On Track Innovations Ltd., a provider of contactless microprocessor-based smart card solutions, announced that it has signed a contract to supply part of its Magna platform in order to assist the efforts for the modernization of a unnamed country’s ID system.

The expected revenues from the contract are close to $2 million, with deliveries expected to commence in the second half of the year. The new project comes after successful implementations of ID projects in the same country. [end] 

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