ROSH PINA, Israel, Aug. 28, 2013 (GLOBE NEWSWIRE) -- On Track Innovations Ltd. (OTI) (Nasdaq:OTIV), a global provider of near field communication (NFC) and cashless payment solutions, reports several members of its board of directors have been actively buying OTI ordinary shares in the open market (pursuant to Rule 10b5-1 plans executed in June 2013 and/or during open trading windows pursuant to OTI's insider trading policy). OTI was advised these purchases total approximately 735,000 shares to date. OTI's directors will be required to report their holdings and changes in ownership of OTI securities by filing Forms 3, 4 and/or 5 starting on January1, 2014, when OTI will commence reporting as a domestic issuer and will no longer be entitled to report as a foreign private issuer.
CONTACT: OTI Contact: Galit Mendelson VP, Corporate Relations 732 429 1900 ext. 111 email@example.com Investor Contact: Scott Liolios or Matt Glover Liolios Group, Inc. 949 574 3860 firstname.lastname@example.org