OTI's Wholly Owned Subsidiary - ASEC - Awarded Multiple Contracts as an e-Ticketing Operator for Transit Systems in Poland

OTI's Wholly Owned Subsidiary - ASEC - Awarded Multiple Contracts as an
e-Ticketing Operator for Transit Systems in Poland

 Agreement for Warsaw City Card Extended and Expanded to 2022, with Estimated
           Revenues of $45 Million Expected Over the Next 10 Years

    Mazovia (Central Poland) Railway Signs Five-Year Agreement – Estimated
                           Revenues of $4.7 Million

Lublin Municipal Transport Department Signs a Five-Year Agreement – Estimated
                           Revenues of $1.5 Million

ISELIN, N.J., April 22, 2013 (GLOBE NEWSWIRE) -- On Track Innovations Ltd.
("OTI") (Nasdaq:OTIV), today announced that its wholly owned subsidiary in
Poland, ASEC S.A. ("ASEC"), was awarded multiple projects as e-ticketing
operating for transit systems throughout Poland. Total direct revenues
generated from transaction fees over the next 10 years are expected to reach
approximately $50 million. ASEC is responsible for building and operating the
three projects, including financing and installation of infrastructure
equipment.

In Warsaw, ASEC's agreement for the Warsaw City Card with the Urban Transport
Authority of the City of Warsaw was extended by additional term of five years,
ensuring smooth and continuous operation until 2022. ASEC, which already
operates 100 automated ticket vending machines (TVM) and 350 terminals, will
expand the program by installing additional 100 TVMs. The equipment (ticket
vending machines and terminals) is used for loading of Warsaw City Cards
electronic and magnetic paper tickets and is located at subway and train
stations, buses and tramway transfer hubs and at areas frequently visited by
tourists. It is estimated that the new expansion will necessitate additional
investment in the project in the approximate amount of $3.5 million over a
3-year period.

For Mazovia Railway, Koleje Mazowieckie (KM), ASEC will install 84 automated
ticket vending machines in KM train stations. This includes 14 vending
machines located in train stations in Warsaw and its suburbs, where ASEC
already provides electronic ticketing services for the Warsaw City Card. ASEC
will sell electronic and paper train tickets on behalf of KM. The Mazowsze
region is the largest and most populated region in Poland and includes the
capital city of Warsaw. ASEC will provide a sales network system,
infrastructure, distribution service and maintenance for loading of
transportation electronic cards. ASEC will generate direct revenues from
transaction fees and are expected to aggregate about $4.7 million over the
next five years. The infrastructure equipment is to be installed and operated
by ASEC and financed by ASEC through Polish banks. The project is expected to
start yielding revenues in the last quarter of 2013.

For Lublin's Municipal Transport Department, ASEC will install 10 TVMs and 30
terminals for loading the local transit card. Expected revenues from this
project are approximately $1.5 million.

Ofer Tziperman, OTI Chief Executive Officer, commented: "We are very pleased
with these new contracts that are the direct result of the hard work of our
team in Poland. As more and more transit authorities use OTI's payment
solutions, we are establishing a steady stream of revenues that may form the
basis for further growth with more mass transit customers in Poland and
beyond."

About On Track Innovations Ltd. (www.otiglobal.com)

On Track Innovations Ltd. ("OTI") designs, develops and markets
ID-credentialing, payment and loyalty applications based on its extensive
patent and IP portfolio. OTI combines standards-compliant and
state-of-the-art, contactless microprocessor-based technologies and enabling
hardware with proprietary software applications to deliver high performance,
end-to-end solutions that are secure, robust and scalable. OTI solutions have
been deployed around the world to address homeland security, national ID,
medical ID, contactless payment and NFC solutions, loyalty applications,
petroleum payment, parking and mass transit ticketing. OTI markets and
supports its solutions through a global network of regional offices and
alliances.

For more information on OTI, visit www.otiglobal.com, the content of which is
not part of this press release.

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 expected revenues and/or profits to be generated from the orders from the
Transport Department of the City of Warsaw, Mazovia Railway and/or Lublin's
Municipal Transport Department, and the expected timing for generating such
revenues. Forward-looking statements could be impacted by market acceptance of
new and existing products and OTI's and/or ASEC's ability to actually execute
production or delivery of such orders, as well as the other risk factors
discussed in OTI's Annual Report on Form 20-F for the year ended December 31,
2011, 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: OTI Contact:
         Galit Mendelson
         Vice President of Corporate Relations
         732 429 1900 ext. 111
         galit@otiglobal.com

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