On Track Innovations, Ltd.: OTI Estimates Revenues for the First Nine Months of 2005 to Reach Approximately $24 Million
24th Oct 2005, 16:44 GMT
FORT LEE, NJ (MARKET WIRE) On Track Innovations Ltd. (OTI) (NASDAQ: OTIV) (Prime Standard (Frankfurt): OT5), a global leader in contactless microprocessor-based smart card solutions for homeland security, payments, petroleum payments and other applications, has indicated that it expects revenues for the first nine months of 2005 to reach $24 million, which would represent an increase of 56% over first nine months of 2004. Revenues
Latest news from Market Wire - Aerospace and Defense:
- XtremeData, Inc.: XtremeData Announces Upcoming FPGA-Supercomputing Support for Mitrion Virtual Processor and Mitrion Development Platform
- Appro International: Appro and Celoxica Announce Availability of an Off-the-Shelf FPGA Co-Processing Solution for Enterprise Customers
- Venga Aerospace Systems Inc.: Venga Signs Agreement to Create New 3D Joint Venture: Announces Private Placement
- Bombardier Aerospace: Bombardier Opens New 1.5 Million Pounds Sterling Repair and Maintenance Facility
- RAYMOR INDUSTRIES INC.: Raymor Announces Major Expansion of Thermal Spray Coating Production Capacity
- Gateway International Holdings, Inc.: Gateway International Holdings Announces the Reorganization of Its Board of Directors and the Election of a New President and CEO
- StratEdge: StratEdge Power Amplifier Package Used on Mars Rovers
- Panduit: PANDUIT Verifies Live 10GBASE-T Traffic Over 100 Meters TX6(TM) 10Gig(TM) UTP Copper Cabling System