OTI enters with its Gasoline Management System into Ecuador with a major system integrator - Autotrack

Rosh-Pina/Israel (PROTEXT) - OTI's (WKN 924 895) GasolineManagement System that is operating internationally with majorsuccess in Africa, Turkey and more, is now entering into Ecuador,with the collaboration of Autotrack, a major system integrator. Autotrack, which operates widely as a system integrator inEcuador, will be OTI's distributor for the GMS in Ecuador.Autotrack has built an extensive customer support service for theGMS and has already installed the GMS with numerous customersamong which are: The City of Quito, TV cable, the municipalcleaning company, Edinca - wood processing company, Tevcol -money, security transfer and more. The GMS project in Ecuador has already begun, where Autotrack,with OTI's collaboration, started to install the GMS systems instations and vehicles. This big scale project is implemented bothin retail gas stations and large commercial fleets. The volume ofthis deal is supposed to be about two million dollars. Autotrack CEO, Mr. Danny Wainmann, emphasizes the importanceof the project: "OTI's GMS system is unique of its kind. Enablinga quick and efficient implementation of the system throughoutEcuador, we were able to prove to multiple clients the bigsavings in time and the immediate increase in customer loyalty,convenience and ease of use. This system had attracted alreadymany gas station companies and fleet companies. It is a veryefficient managing tool for any fleet owner as well as a perfectloyalty platform for the Oil Company. The flexibility andversatility of the GMS allows for fast integration in any gasstation. GMS is providing the utmost safety for the transactionof information. The system does not only allow for vehicleidentification, but it also provides the driver with acontactless smart card with multi-applications capabilities". The initial stage of introduction of the Gasoline ManagementSystem, which already started to take place in Ecuador, isexpected to reach 40 operating stations and 2000 vehiclesinstalled by the end of this year. Ohad Bashan, CEO of OTI America, sees a great opportunity inthis project: "The GMS System that is known world wide, isentering Ecuador in big scale. Autotrack's abilities as a majorsystem integrator in Ecuador and OTI's unprecedented experiencein the field of the Gasoline Management system, will create alarge scale project which has already proven to be economic,attractive and revolutionizing for the Ecuador fuelling market." About OTI On Track Innovations Ltd. (OTI) is the world's pioneer inmicroprocessor-based contactless smart card technology. Thecompany has developed a portfolio of patented contactless smartcard technologies, including the microprocessor-basedcontactless/contact EYECON' MultiCard system, which providesoptional DES, Triple-DES, RSA or ECC level data encryptionbetween the card and the reader. The company was awarded theprestigious ESCAT Award for the "Most Innovative Smart CardAccomplishment of the Year 1997". Established in 1990, OTI hasapplied its technologies in a variety of applications worldwide.The implementation of numerous applications such as theelectronic purse, mass transit, parking, gas management systems,loyalty schemes, ID and security as well as other uniquecustomized applications have put OTI and its products at thecutting edge of contactless smart card technology. OTI has already established front offices and subsidiaries inEurope, the USA, South Africa and China. The company is listedsince August 31st, 1999 on the Neuer Markt in Frankfurt. About Autotrack Autotrack is a company dedicated to the development, design,integration and commercialization of Intelligent TransportationSystems ("ITS") and the management and control of vehicle fleetsusing these systems. Autotrack is an Ecuadorian company established in 1995.Autotrack's main objective is to promote the modernization of itsclients' transportation by optimizing operations, reducing costsand risk (security). While also providing a wide variety ofservices the field of automation, management of transportationand logistics. The strategic alliances between Autotrack and many industriesleading domestic companies offer our clients a competitiveadvantage. Our domestic alliances include, but are not limitedto: Aseinfors (Software), Wackenhut (security), Conware, NationalPolice, Exxon/Mobil Oil, Bell South ots Original Text Service:OTI Internet: http://recherche.newsaktuell.de For furtherinformation: OTI

Kirchhoff Consult AGKeren Nadler

Britta Cirkel Tel.: +972-6-6938884

Ahrensburger Weg 2 Fax: +972-6-693 888722359 Hamburg e-mail: keren@oti.co.il

Tel.: ++49-(0)40-609 186 50

Fax: ++49-(0)40-609 186 71

e-mail:britta.cirkel@kirchhoff.de

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