On Track Innovations Ltd. Reschedules Fourth Quarter and Full Year 2020 Financial Results to Wednesday, March 31st

Rhea-AI Summary

On Track Innovations Ltd. (OTIVF) has announced the rescheduling of its fourth quarter and full year financial results for 2020 to March 31, 2021, due to technical issues. An investor conference call is set for April 1, 2021, at 9:00 a.m. ET, to discuss the results and provide corporate updates. Investors are encouraged to submit questions by March 30, 2021. OTI specializes in cashless payment solutions using NFC technology.

Positive

• Scheduled investor conference call to discuss financial results and corporate updates.
• Encouragement for investor engagement through question submissions.

Negative

• Delay in financial results release may indicate underlying operational issues.

Investors conference call will be held on Thursday, April 1 at 9am ET

YOKNEAM, Israel, March 23, 2021 /PRNewswire/ -- On Track Innovations Ltd. (OTI) (OTCQX: OTIVF), a global provider of near field communication (NFC) and cashless payment solutions, announced today that due to some technical reasons, the financial results release for the fourth quarter and full year ended December 31, 2020 has been delayed by a day and rescheduled to Wednesday, March 31^st, 2021.

Management will host an investor conference call the next day at 9:00am ET on Thursday, April 1, 2021, to discuss the financial results and provide a corporate update. The call will conclude with a live Q&A session.

Investors and analysts may also submit questions they would like OTI to address on the call. Questions should be submitted by 4pm ET, Tuesday, March 30 to oti_questions@gkir.com to ensure they are addressed on the call. 

To participate, please use the following information:

Q4 2020 Conference Call and Webcast
Date: Thursday, April 1, 2021 
Time: 9:00 a.m. Eastern Time (6:00 am Pacific Time) 
U.S. Toll Free Dial-in: 1-888-668-9141 
International Dial-in: +972-3-918-0609 
Webcast: http://veidan-stream.com/otiq4-2020.html

Please dial in a few minutes before the start of the call and request to join the "On Track Innovations Q4 2020 Earnings Conference Call" to ensure timely participation.

The replay of the conference call will be available via the investor relations section of the company's website.

About On Track Innovations Ltd

On Track Innovations (OTI) is a global leader in the design, manufacture, and sale of secure cashless payment solutions using contactless NFC technology. OTI's field-proven innovations have been deployed around the world to address cashless payment, automated retail and petroleum markets. OTI distributes and supports its solutions through a global network of regional offices and alliances. For more information, visit www.otiglobal.com.

OTI Investor Relations Contact:
Ehud Helft  
GK Investor and Public Relations 
1 646 201 9246 
OTI@gkir.com

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SOURCE On Track Innovations Ltd. (OTI)

FAQ

When will On Track Innovations release its Q4 2020 financial results?

On Track Innovations will release its Q4 2020 financial results on March 31, 2021.

What is the date and time of the OTI investor conference call?

The investor conference call for On Track Innovations is scheduled for April 1, 2021, at 9:00 a.m. ET.

How can investors submit questions for the OTI conference call?

Investors can submit questions for the OTI conference call by emailing oti_questions@gkir.com by 4:00 p.m. ET on March 30, 2021.

What technology does On Track Innovations specialize in?

On Track Innovations specializes in cashless payment solutions using near field communication (NFC) technology.