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On Track Innovation's CEO Discusses Q2 2012 Results - Earnings Call Transcript

On Track Innovations Ltd. (OTIV)

Q2 2012 Earnings Conference Call

August 30, 2012 08:00 AM ET

Executives

Oded Bashan – Chairman and Chief Executive Officer

Ohad Bashan – President

Tanir Horn – Chief Financial Officer

Garth Russell - KCSA Strategic Communications

Analysts

Marc Silk - Silk Investment Advisors

Edward Schwartz - Schwartz Investments

Bernie Sandford - Winslow, Evans & Crocker

Presentation

Operator

Welcome to the 2012 Second Quarter Financial Results Conference call for On Track Innovations, which we refer to as OTI. On today’s call are Mr. Oded Bashan, Chairman and CEO, Mr. Ohad Bashan, President, and Ms Tanir Horn, CFO. Today’s conference call is being recorded and will be available for replay until September 6, 2012 in the Investor Relations section of our website along with the copy of today’s prepared remarks.

I will now turn the call over to Garth Russell of KCSA Strategic Communications.

Garth Russell

Thanks Rachel. Thank you everyone for joining us today. You should have received a copy of the first half 2012 press release issued earlier this morning. If you’re not on our distribution list, please contact us at info@otiglobal.com and we will be happy to add for future information.

Before turning the call over to management for their prepared remarks, I must state that today’s call may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Whenever we use such words 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 certain risks and uncertainties and actual performance or achievements of OTI could differ materially from those described in or implied by these statements on this call.

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