* Initial Order for 4,000 Saturn 6500 Readers Received
      * Commitment to Procure Further Larger Order Quantities in
                       Subsequent Project Phases

ISELIN, N.J., Oct. 20, 2009 (GLOBE NEWSWIRE) -- 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 DigiCore's decision to integrate OTI's Saturn 6500 contactless readers with its Fare Validators. The JSE-listed DigiCore Holdings specializes in the research, design, development, manufacturing, sales and support of technologically advanced GPS fleet management, vehicle tracking and EMV based fare management solutions. Digicore's decision to standardize on OTI's Saturn 6500 is strategically important in the context of developments in the local payment industry in South Africa.

OTI has received the first order to supply 4,000 smart card readers, together with a commitment to procure further larger order quantities in subsequent project phases.

In South Africa public transport by minibus taxi accounts for 65% of the transport total, 20% by bus and 15% by rail.

DigiCore's new Fare system, built on its highly successful C-track system, uses OTI's contactless reader, allowing passengers to receive a better, more convenient service and reduces cash handling by the driver. Reloadable, EMV compliant pre-paid cards will be issued to commuters to enable contactless transactions in accordance with the requirements of the contactless payment schemes of the Card Associations and the South African National Department of Transport (NDOT).

Deon du Rand, the Managing Director Technology for DigiCore, commented: "After evaluating various options, we selected OTI's Saturn 6500 contactless readers for our Tap-i-Fare fare management product range. This reader and the support from OTI allowed us to do the integration and demonstrate an end to end solution in record time."

Oded Bashan, Chairman & CEO, OTI, stated, "We are happy to see growth and expansion in the contactless payments market. The world trend for convenience in payment transactions, which reflects in the transition to contactless solutions, is supported by the major financial institutions. The transit payment market that relies today almost exclusively on cash can now enjoy the convenience and speed contactless payments can offer."

About OTI

Established in 1990, OTI (Nasdaq:OTIV) designs, develops and markets secure contactless microprocessor-based smart card technology to address the needs of a wide variety of markets.