OTI to Report Second Quarter 2013 Financial Results on August 28, 2013

OTI to Report Second Quarter 2013 Financial Results on August 28, 2013

Management to Discuss Results on Wednesday, September 4 at 9:00 a.m. ET

ROSH PINA, Israel, Aug. 21, 2013 (GLOBE NEWSWIRE) -- On Track Innovations Ltd.
(OTI) (Nasdaq:OTIV),  a global leader in contactless transactions and
near-field communication, will report second quarter 2013 financial results
before the market opens on Wednesday, August 28, 2013.

OTI CEO Ofer Tziperman and CFO Shay Tomer will discuss the results on
Wednesday, September 4, 2013 at 9:00 a.m. Eastern time.

Investors and analysts may submit questions they would like management to
address during the discussion via email to ir@otiglobal.com by Friday, August
30, 2013 at 5:00 p.m. Eastern time.

Discussion Date: Wednesday, September 4, 2013
Time: 9:00 a.m. Eastern time
U.S. Dial-In Number: 1-888-295-2634
Israel Dial-In Number: 1-800-270-077

The discussion will be also webcast and available for replay via the Investors
section of OTI's website at www.otiglobal.com/Investors_Introduction.

For those dialing in, please call the telephone number 5-10 minutes prior to
the start time. If you have any difficulty connecting, please contact Liolios
Group at 1-949-574-3860.

A telephone replay of the call will be available through September 11, 2013.

About On Track Innovations

On Track Innovations Ltd. (OTI) is a leader in contactless and NFC
applications based on its extensive patent and IP portfolio. OTI's
field-proven innovations have been deployed around the world to address NFC
payment solutions, petroleum payment and management, cashless parking fee
collection systems and mass transit ticketing. OTI markets and supports its
solutions through a global network of regional offices and alliances. For more
information, visit www.otiglobal.com.

CONTACT: Company Contact:
         Galit Mendelson
         VP, Corporate Relations
         732 429 1900 ext. 111
         galit@otiglobal.com
        
         Investor Contact:
         Scott Liolios or Matt Glover
         Liolios Group, Inc.
         949 574 3860
         otiv@liolios.com

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