On Track Innovations Ltd.: erhält Folgeauftrag
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interessant
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witzig
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gut analysiert
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informativ
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Und damit erhalten wir für unsere OTIs auch mehr EUROs.
Ich schätze, dass der Kurs von OTI auf $ 2,1 sinken könnte. Falls keine Meganachricht kommt. Im Sommerloch sehen wir in diesem Fall dann bestimmt die $ 2,1 wieder.
Mit OTI wir auch stark gezockt. Eventuell schaffen die es sogar, dass der Kurs nochmals unter $2 geht.
Bei einem Kurs von $ 2,5 könnte man also aussteigen, und im August bei $2,2 ... 2,1 wieder einsteigen. Das wäre eine Möglichkeit.
Ich für meinen Fall werde aber auf die nächste Meldung für einen Großauftrag setzen, oder der nächste große Investor steigt ein.
Dies ist alles kurzfristige Spekulation. Mittel- und Langfristig sieht es mit OTI allerdings gewaltig besser aus, als noch vor einem Jahr.
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Agility Receives Prestigious "2010 Local Technology Innovation of the Year" Award for the Implementation of EasyPark in Bermuda
Press Release Source: On Track Innovations Ltd. On Tuesday May 25, 2010, 5:00 am EDT
ISELIN, N.J. and HAMILTON, Bermuda, May 25, 2010 (GLOBE NEWSWIRE) -- 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 Agility Ltd, the distributor of OTI's EasyPark product in Bermuda, won the Bermuda Government's Ministry of Telecommunications & E-Commerce's most prestigious 'Innovation of the Year' award for the EasyPark electronic parking solution based on the EasyPark system provided by OTI's subsidiary PARX.
The local awards, which are designed to showcase the best of local technology in Bermuda, included 153 nominee organizations across the world-class, offshore financial centre's private, public and non-profit sectors that are "creatively using technology as a tool to innovate in their designated industry" were chosen under 14 categories including: Best Interactive Experience, Best Business Solution Using Technology, Best Customer Service from a Technology Company, Best Use of Green Tech, Best Local Website, Best Local E-Commerce Web Site, Best Local Mobile Application, Best Use of Social Networking Tools; and the top category, Innovation of the Year.
Bermuda's Telecommunications and E-Commerce Minister, the Hon. Michael Scott, and special guest Christyl C. Johnson, a NASA official and Executive Director of the National Science and Technology Council of the United States White House, presented the crystal trophy award for Innovation of the Year to EasyPark's Director, Norris Ebbin at the TechAwards luncheon.
Based on criteria including a truly innovative technology solution that is commercially in use in Bermuda and utilizing Bermuda-based infrastructure and/or resources, the winning company's innovation had to be a true "showcase" piece for the Island, according to the panel of judges representing both Bermuda's private and Government sectors.
EasyPark's innovation involved the implementation of a unique parking solution in the form of an "in-vehicle" electronic parking meter; which, consequently, eliminates the need for building and maintaining an aesthetically unpleasing and costly parking infrastructure of outdoor parking meters. The parking solution is based on repurposed smart-card technology that is currently used by the credit card industry and, as a result, the "in-vehicle" parking meters are rechargeable in support of a greener environment.
In addition to lowering infrastructure costs for parking authorities, EasyPark's solution results in lower user fraud, losses as a result of sabotage, and as a prepaid offering, significantly improves cash flow. The solution can be used for both on and off street parking. There are also numerous benefits for consumers using EasyPark. As local business journalist Roger Crombie, the master of ceremony at the Award's luncheon, stated, "EasyPark truly saves [users] time, money and makes [their] life easier."
"We are really proud of this achievement, which truly formally validates our service offering in the Bermuda market only eight months following our initial launch date in mid-September 2009; and particularly given that we were nominated for awards in multiple categories. The Innovation of the Year award represents how quickly EasyPark has become the parking solution of choice for Bermuda's parking community. In our short period of operation we have been able to capture almost 30% of the local parking market," said Norris Ebbin.
Oded Bashan, Chief Executive Officer & Chairman of OTI, said: "This award is a testimony to the great work Agility has put into introducing EasyPark in Bermuda and the superior technological solution offered by PARX. The combination of excellent product with a strong operator can bring great results anywhere in the world."
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 and loyalty programs. 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 http://www.otiglobal.com/, the content of which is not part of this press release.
The On Track Innovations Ltd. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5736
About PARX
PARX Ltd. is a subsidiary of On Track Innovations Ltd. (OTI) responsible for production, marketing, operating and distributing advanced parking solutions, including the EasyPark TM product, in international markets.
About Agility Ltd.
Agility Ltd., a Bermuda company, provides innovative information systems software and hardware products and consulting services, including digital compliance and electronic payments solutions, in Bermuda and the Caribbean.
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 superiority of the EasyPark solution of the potential market thereof. 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, 2009, 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.
Contact:
On Track Innovations Ltd.Galit Mendelson, Vice President of Corporate Relations201 944 5200 ext. 111galit@otiglobal.comMS-IR LLCInvestor Relations:Miri Segal917-607-8654msegal@ms-ir.com
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OTI Starts to Repurchase Ordinary Shares as Part of Its Repurchase Program
Press Release Source: On Track Innovations Ltd. On Thursday June 3, 2010, 8:30 am EDT
ISELIN, N.J., June 3, 2010 (GLOBE NEWSWIRE) -- 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 it has commenced the repurchase of its ordinary shares. The share repurchase is the implementation of the program authorized by OTI's Board of Directors and approved by the Israeli District court to repurchase ordinary shares in a total amount of up to $2 million. As reported previously, OTI is not obligated to acquire any specific number of shares, and the program may be suspended or discontinued at any time.
About OTI
... usw. ...
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in der jüngsten Zeit kamen Informationen, dass das Warschau-Projekt schief gehen könnte. Doch, es geht weiter:
Tap Your Card, Collect the Ticket -- MasterCard(R) PayPass(TM) Cards Accepted at Warsaw Metro Stations and in the Polish Capital's Ticket Vending Machines Provided by OTI's Subsidiary, ASEC
Press Release Source: On Track Innovations Ltd. On Monday June 14, 2010, 8:00 am
WARSAW, Poland, June 14, 2010 (GLOBE NEWSWIRE) -- On Track Innovations Ltd (OTI) (Nasdaq:OTIV - News) subsidiary, ASEC S.A., one of the operators of the ticket vending machines in the Polish capital's underground (Metro) stations and the bus stops in the Warsaw vicinity, SIX Pay, an European player in the acquirers market, and MasterCard have started tests of contactless payment cards using MasterCard PayPass technology in selected urban transport ticket vending machines. The people of Warsaw have been provided with the option to make quick non-cash payments for their tickets in all OTI subsidiary, ASEC's machines located in the Metro stations and other locations in Warsaw.
"Adding the capability to support MasterCard PayPass is in line with our strategy to add usages and applications to the ticketing infrastructure for added convenience of Warsaw's residents" says Oded Bashan, Chairman and CEO of OTI.
"Today, by accepting PayPass technology to buy a Warsaw metro ticket, every traveler can benefit from main advantages of its solution as speed, comfort and security," comments Sebastian Krzyk, Chief of the Acceptance Network Department of the Polish division of MasterCard Europe. "Also, I am convinced that this is the beginning of the path which leads not only to PayPass cards' acceptance in ticket vending machines and the validators in the means of urban transport but also to issuing city cards with an integral payment application or payment cards with the facility to load long-term tickets. We are convinced that this is the right direction for Poland," adds Krzyk.
Currently in Poland PayPass payments are accepted, for example in: McDonald's, Coffee Heaven, Żabka, Kolporter, Empik, Sferis and in Shell petrol stations. Additionally, contactless payments can be made in such music festivals as Smooth Festival, Open'er Festival, Coke Live Music Festival, Selector Festival and Off Festival. Moreover, contactless payments are accepted in selected Extra Class football league stadiums.
"SIX Pay is known across Europe for innovative payment solutions. We are delighted to announce the completion of the first contactless payment project in Poland. Other projects will soon follow, markedly enlarging the network of contactless payment transaction points," comments Paweł Markowski, Country Manager for SIX Pay in Poland.
The acceptance network of PayPass technology is constantly growing in Poland and, according to the financial forecast of Polasik Research, the network can increase up to 15,000 service and retail locations by the end of this year. Around the world there are currently nearly 75 million PayPass cards and devices accepted in 230,000 service and retail locations.
About MasterCard Worldwide
MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes over 22 billion transactions each year, and provides industry-leading analysis and consulting services to financial-institution customers and merchants. Powered by the MasterCard Worldwide Network and through its family of brands, including MasterCard(R), Maestro(R) and Cirrus(R), MasterCard serves consumers and businesses in more than 210 countries and territories. For more information go to http://www.globenewswire.com/newsroom/...%3A%2F%2Fwww.mastercard.com. Follow us on Twitter:@mastercardnews.
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 and loyalty programs. 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 http://www.otiglobal.com/, the content of which is not part of this press release.
The On Track Innovations Ltd. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5736
About SIX Pay:
SIX Pay enables its customers throughout Europe the acceptance and processing of credit and debit cards (Visa, MasterCard, JCB, Diners/Discover, V Pay, Visa Electron and Maestro), combined with integrated payment solutions for cashless paying at the point of sale and on the Internet. SIX Pay's offer for the retail, hospitality, petrol and e-commerce sectors also includes the switching from national debit and credit cards, automatic currency conversion (DCC), POS payment terminals, electronically processable gift cards, the topping-up of prepaid mobile phone cards at payment terminals (Mobile Voucher) and discount coupons (Mobile Coupons).
SIX Pay is a SIX Group company. SIX Group offers top-quality services around the world in the fields of securities trading and settlement, financial information and payment traffic.
http://www.globenewswire.com/newsroom/...http%3A%2F%2Fwww.six-pay.com
http://www.globenewswire.com/newsroom/...3A%2F%2Fwww.six-multipay.com
http://www.globenewswire.com/newsroom/...tp%3A%2F%2Fwww.six-group.com
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 our strategy to add usage and applications of our ticketing infrastructure in Warsaw or the potential market thereof. 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, 2009, 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.
Contact:
On Track Innovations Ltd.Galit Mendelson, Vice President of Corporate Relations201 944 5200 ext. 111galit@otiglobal.comMS-IR LLCInvestor Relations:Miri Segal917-607-8654msegal@ms-ir.com
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Ist mir aber schleierhaft, warum der Kurs nicht anstieg, als die Meldung zum Rückkauf kam.
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Wenn jetzt davon 1 Mio. Aktien aus dem Verkehr gezogen werden, ist das besser als nichts. Es wird allerdings eventuell verhindern, dass wir im regelmäßigen Sommerloch unter die 2$ rutschen.
Ich bin auch enttäuscht, dass wir nach der Meldung zum Großauftrag und dem Erreichen der Gewinnzohne noch nicht zu den alten, und wie ich meine angemessenen Werten von 7 $ gelangt sind.
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Tokheim has Sales and Services Divisions in 27 countries and well established distribution channels in 120 countries. Tokheim supplies dispensers for commercial and retail applications, payment terminals and electronic point of sale systems. Tokheim directly services more than 31,500 service stations across Europe. Tokheim has undertaken to standardize on EasyFuel for the European markets and to actively promote the integrated solution in such markets.
The integrated solution allows Tokheim to extend its current product offering whilst leveraging the experience gained by OTI in implementing fuel management systems. The application parameters supported by EasyFuel are extensive enabling the integrated solution to support features such as fuel grade, expiry date, velocity checks and tank capacity. Moreover, automated odometer and/or engine hour capture at the time of refuelling ensures that customers are provided with quality information to manage fuel consumption. As the OTI Technology platform is microprocessor based and supports full read/write functionality, information on devices in the field and the application itself can be updated remotely. The integrated EasyFuel/FuelPOS solution enables Tokheim to offer their customers nozzle in correct tank security whilst managing risk on the front end.
By positioning itself as a service provider in various markets, OTI has developed best practices over many years. These best practices underpin the back office software tools which are licensed to partners in order to enable them to enhance their service offering.
Kurt Dillen, General Manager of the System and Electronic Business Unit, stated, "This agreement will drive Tokheim to offer our customers an enhanced solution in a world where more and more features are required to protect against potential fraud and to manage the fuel business better."
Oded Bashan, Chairman & CEO, OTI, stated, "This agreement is in line with our strategy to leverage our customers' sale and marketing network and enhance their product offering to their existing customers -- all with a view to increase market share and customer satisfaction."
EasyFuel is a unique solution based on OTI's proprietary technology and gives oil companies and fleets a unique advantage. Some of its benefits:
* Completely wireless - eliminates the need for cables in the station or fuel hose
* Eliminates fuel fraud and reduces cash and paper handling
* Easily installed using existing POS and fueling equipment; dispenser independent
* Allows stations to offer 24-hour unattended refueling
* Build customer loyalty by signing long-term contracts
* Dramatically improve the turnaround time on the island
* During each refueling EasyFuel reads the actual mileage from the odometer and/or engine hours and provides this information to fleet owners, thus providing a powerful fuel management tool
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.... und kein Schwein interessiert es.
Tokheim:
505.2 Millionen Euro Umsatz
Hauptsitz in Europa - Paris
Eigentumsverhältnisse: 85 % Cognetas (Finanzinvestor) und 15 % Tokheim Management
Verkaufs- und Kundendienstniederlassungen in 21 Ländern
Joint-Venture in China und Indien
Komplettes Angebot von Tankstellen-Ausrüstungen und Dienstleistungen
Direkte Servicebetreuung von mehr als 31.500 Tankstellen
Etablierte Lösungen für Kunden und Märkte
4.500 Mitarbeiter
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Hallo, bin neu in diesem Papier und lese mich soeben ein. Könnt Ihr das 2011er KGV schon abschätzen? Was meint Ihr, in welcher Bandbreite bewegt es sich?
Danke für die Info.
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OTI hat Anfang dieses Jahres den ersten großen Auftrag erhalten. Mit diesem ist angekündigt, dass OTI 2010 erstmals seit seinem Bestehen aus der Verlustzohne kommt. Dieser Großauftrag reicht bis ins Jahr 2011. Wie es danach mit diesem Projket/Endkunden weiter geht, d.h. ob ein Nachfolgeauftrag kommt, ist uns noch nicht mitgeteilt worden.
Allerdings sind auch weitere große Projkete (siehe oben) am Laufen und wir warten, bis diese in die Serie gehen. Mit OTI leben wir bisher aber eher von der Hoffnung. Einen KGV könnte ich also nicht abgeben sondern höchstens die Erwartung, dass wir ab diesem Jahr endlich Gewinne schreiben werden.
Ansonsten kommst du m.E. jetzt gerade richtig. Am kommenden Montag werden die Ergebnisse für das erste Halbjahr 2010 berichtet. Wir befinden uns im alljährigen Sommerloch. D. H. im Juli und August sind die Aktienwerte von OTI schon immer am tiefsten gewesen.
Gruß
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Non GAAP Operating Profit of $2.2 Million
Gross Margin Increased to 54%
Revenues Increased to $27.8 Million
ISELIN, N.J., Aug. 9, 2010 (GLOBE NEWSWIRE) -- 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 its consolidated financial results for the first half ended June 30, 2010. Following are various financial figures that compare the first half of 2010 to 2009.
Total revenues of $27.8 million, an 86% increase from last year.
Revenues from Licensing and Transaction Fees of $1.8 million, a 50% increase from last year.
Gross margin increased to 54% vs. 51% last year.
Non-GAAP operating expenses of $13 million, a 15% increase compared to $11.2 million last year. GAAP operating expenses of $15.1 million, a 10% increase compared to $13.7 million last year.
Non-GAAP operating profit of $2.2 million, compared to operating loss of $3.6 million last year. GAAP operating profit of $27,000, compared to operating loss of $6.1 million last year.
Strong balance sheet with cash, cash equivalents and short-term investments of $35.8 million as of June 30, 2010.
Oded Bashan, Chairman and CEO of OTI, said: "The financial results for the first half manifest the unique story of OTI: an excellent technology company with solid financial results. We are in a unique strategic position with proven track record, demonstrated growth potential and improved financial results, we are optimistic about the future for OTI. The successful execution of large scale projects strengthens our credibility, provides more opportunities in existing markets and in new ones, and further strengthens our pipeline for the next two to three years."
Mr. Bashan continued: "Our unique position increases the comfort level generated from the improved visibility of revenues and the growing number and size of opportunities we are working on, which enables us to increase our revenue guidance. We expect to maintain a similar level of revenues in the second half of the year, and we therefore increase the earlier provided revenue guidance for 2010 by 15% to $53-$55 million. We expect to maintain the already achieved non-GAAP operating profitability for the remainder of the year."
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PARIS and ISELIN, N.J., Sept. 15, 2010 (GLOBE NEWSWIRE) -- 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 following the integration of EasyFuel Fuel management system into Tokheim Group S.A.S. FuelPOS system, the integrated product is showcased at booth 10.0 A31 at the Automechanika 2010, the world's leading trade fair for the automotive Industry, in Frankfurt Au Main, September 14-19, 2010.
Tokheim Group S.A.S. has selected OTI's EasyFuel system to provide customers with a secure and reliable fuel management system incorporating vehicle identification. OTI's EasyFuel system has been integrated into Tokheim's FuelPOS.
The integrated solution allows Tokheim to extend its current product offering whilst leveraging the experience gained by OTI in implementing fuel management systems. The application parameters supported by EasyFuel are extensive enabling the integrated solution to support features such as fuel grade, expiry date, velocity checks and tank capacity. Moreover, automated odometer and/or engine hour capture at the time of refueling ensures that customers are provided with quality information to manage fuel consumption. As the OTI Technology platform is microprocessor based and supports full read/write functionality, information on devices in the field and the application itself can be updated remotely. The integrated EasyFuel/FuelPOS solution enables Tokheim to offer their customers nozzle in correct tank security whilst managing risk on the front end.
EasyFuel is a unique solution based on OTI's proprietary technology and gives oil companies and fleets a unique advantage. Some of its benefits:
Completely wireless -- eliminates the need for cables in the station or fuel hose
Eliminates fuel fraud and reduces cash and paper handling
Easily installed using existing POS and fueling equipment; dispenser independent
Allows stations to offer 24-hour unattended refueling
Build customer loyalty by signing long-term contracts
Dramatically improves the turnaround time on the island
During each refueling, EasyFuel reads the actual mileage from the odometer and/or engine hours and provides this information to fleet owners, thus providing a powerful fuel management tool
About Tokheim
Tokheim Group S.A.S., based in Paris, France, is one of the world's leading manufacturers and service providers of fuel dispensing and automation equipment. With operations in many countries around the globe, Tokheim offers customers a complete range of fuel dispensers and pumps, retail automation systems, payment terminals, media devices, replacement parts and upgrade kits, and a full range of support services, including service station construction and maintenance. For more information, visit www.tokheim.com.
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Hoffentlich dauert das Sommerloch nicht bis zum Winter.
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The Orders Also Include Expansion of ePassport Personalization System
Press Release Source: On Track Innovations Ltd. On Tuesday October 12, 2010, 9:15 am
ISELIN, N.J., Oct. 12, 2010 (GLOBE NEWSWIRE) -- 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, announced today that it received over $2 million follow-on orders to deliver expansion for the previously installed ePassport personalization system and eStickers for a European country's electronic passport (ePassport) program. OTI successfully delivered and implemented an advanced infrastructure for ePassport issuing and border control passenger inspection and verification in this country, following the announcement by OTI in early 2008, which already accounted for more than $3 million in revenues. The ePassport system meets the latest standards for electronic passports set by the International Civil Aviation Organization (ICAO). The eStickers enable the upgrade of existing passports to ePassports. Deliveries of the eStickers are expected to begin in the fourth quarter this year with most of the deliveries expected next year.
OTI's advanced eSticker (electronic secured sticker) is part of OTI's MAGNA(TM) platform, and is based on OTI's Hercules(TM) Operating System, providing a breakthrough solution by enabling the upgrade of existing passports to ePassports in a simple, quick and cost effective manner. The upgrade of existing passports is done by placing the secured eSticker, which includes the electronic components, within the existing passport.
OTI's MAGNA(TM) modular platform offers short implementation and quick integration with the country's existing border control system and provides external interfaces to digital Certificate Authority (CA) for signature verification. The system fully complies with the ICAO standards, it offers a migration path to additional e-Gov applications and electronic ID documents, such as National IDs, Voter IDs Driver Licenses, and more.
Oded Bashan, Chairman and CEO of OTI, stated, "The eSticker is a revolutionary solution enabling countries that would like to meet the advanced International Civil Aviation Organization (ICAO) standards. It enables a quick upgrade to electronic passports while keeping existing procedures in place. The eSticker is cost effective, allows countries to utilize their existing passport inventory and modernize their passport quickly."
About OTI
usw. ....
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