- New Order for Additional 100,000 Cards to Expand User Groups

- SMART Expects More than One Million Cards Deployed over Next 24 Months

FORT LEE, N.J., Oct. 6 /PRNewswire-FirstCall/ -- On Track Innovations Ltd., (OTI) (Nasdaq: OTIV), a global leader in contactless microprocessor-based smart card solutions for homeland security, payments, petroleum payments and other applications, today announced that Smart Applications International Ltd. (SMART), a Kenyan company committed to delivering technology driven secure healthcare solutions, has placed an order for an additional 100,000 MediSmart cards which are to be issued by multiple medical scheme managers. This expansion comes after SMART has already issued approximately 100,000 cards and deployed 340 contactless smart card readers & other device points of service at hospitals, pharmacies and general practitioner sites across Kenya, enabling patient authentication, verification of benefits and claims processing in a seamless electronic process. In accordance with OTI's recurring revenue strategy, revenues from this product are obtained from both products and licensing fees per issued card.x

MediSmart, developed by a team of healthcare industry experts at OTI with system process design support by SMART, provides complete medical history, biometric identification and co-payment options. In initial trials, MediSmart reduced client medical expenses by up to 25% to 40%. Moreover, MediSmart enables the introduction and effective management of joint state and private sector funding and service delivery models.

With OTI's MediSmart, SMART is able to provide a complete healthcare solution including cards, readers and related software that are seamlessly integrated with hospital management systems; up to 75% of patients in Kenya receive their primary healthcare services at public hospitals. The OTI MediSmart solution offers secure and fast front-end patient authentication and benefit verification at the service provider level. It allows for electronic clinical data capture and electronic claim and/or report generation, taking into consideration benefit rules in respect to services provided and benefit utilization. At the same time the information is recorded on each patient's personal MediSmart card (or mobile data repository), relevant data is transferred to the corporate and insurer levels.