On Track Innovations Ltd.: erhält Folgeauftrag
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Es kam keine Umsatzwarnung, womit ich ca. 10 Mio. für das 2.Quartal erwarte. Im gegenwärtigen Kurs dürften die zu erwartenden Verluste bereits eingerechnet sein.
Aber vielleicht werden wir einmal positiv überrascht.
Gruß an Alle
März
wir wieder mal.....
Meine Erwartung von 3 euro wurde knapp verfehlt, aber das Jahr ist ja noch nicht
um.
Lets see :-)
- - - - -
Six Month Revenues up 7% Compared to the Same Period Last Year
Fort Lee, NJ – August 27, 2007 – On Track Innovations Ltd. (OTI) (NASDAQ GM: OTIV), a
global leader in contactless microprocessor-based smart card solutions for homeland security,
payments, petroleum payments and other applications, today announced its consolidated
financial results for six months and the second quarter ended June 30, 2007.
• Revenues: Revenues for the six months ended June 30, 2007 were $20.6 million, an increase
of 7% compared to $19.4 million in the same period last year. Revenues in the second quarter
were $10.2 million, a decrease of 1% compared to $10.3 million in the same period last year.
• GAAP Gross Profit: GAAP Gross Profit for the six months ended June 30, 2007 was $8.4
million, a decrease of 6% compared to $9.0 million in the same period last year. In the
second quarter GAAP gross profit was $4.4 million, a decrease of 3% compared to $4.5
million in the second quarter of 2006. GAAP gross margin for the six months ended June 30,
2007 was 41% compared to 46% in the same period last year. GAAP gross margin in the
quarter was 43% compared to 44% in the second quarter of 2006.
• Non-GAAP Gross Profit: Non-GAAP Gross Profit was $8.4 million, for the six months ended
June 30, 2007, a decrease of 6% compared to $9.0 million in the same period last year. Non-
GAAP Gross Profit for the second quarter of 2007 was $4.4 million, a decrease of 2% compared
to $4.5 million in the second quarter of 2006. Non-GAAP gross margin for the six months ended
June 30, 2007 was 41% compared to 46% in the same period last year. Non-GAAP gross margin
in the second quarter was 43% compared to 44% in the second quarter of 2006.
• GAAP Net Loss: GAAP Net Loss for the six months ended June 30, 2007 was $(7.3)
million, an increase of 85% compared to $(3.9) million in the same period last year. GAAP
net loss for the second quarter of 2007 was $(3.2) million, an increase of 61% compared to
$(2.0) million in the second quarter last year.
• Non-GAAP Net Loss: Non-GAAP Net Loss for the six months ended June 30, 2007 was
$(4.3) million, an increase of 112% compared to $(2.0) million in the same period last year.
Non-GAAP net loss for the second quarter of 2007 was $(1.8) million an increase of 99%
compared to $(928,000) in the second quarter last year.
• GAAP Loss per Share: GAAP Loss per Share for the six months ended June 30, 2007 was
$(0.39) compared to $(0.31) in the same period last year. GAAP loss per share for the second
quarter of 2007 was $(0.17), compared to $(0.15) in the second quarter of 2006.
• Non-GAAP Loss per Share: Non-GAAP Loss per Share for the six months ended June 30,
2007 was $(0.23) compared to $(0.16) in the same period last year. Non-GAAP loss per
share for the second quarter of 2007 was $(0.10), compared to $(0.07) in the second quarter
of 2006.
• Strong Balance Sheet: Total assets were at $117.3 million with cash equivalent and short
term investments totaling $44.1 million.
Non-GAAP results for the second quarter and six months period of 2007 and 2006 exclude the
impact of SFAS 123(R) and amortization of intangible assets. Please see the attached table for a
full reconciliation of GAAP to Non-GAAP results.
“The first half revenues are in accordance with our initial expectations,” said Oded Bashan,
Chairman and CEO of OTI.” As we stated last quarter, we are expecting a stronger second half,
with most of the growth realized towards the end of 2007”.
Conference call and Webcast Information
The Company has scheduled a conference call and simultaneous Web cast for Monday, August
27, 2007, which will be hosted by Oded Bashan, Chairman and CEO, Ohad Bashan, President,
and Guy Shafran, CFO, for 09:00 AM EDT to discuss operating results and future outlook. To
participate, call: 1-866-491-4244 (U.S. toll free) 180-924-5917 (Israel toll free) 0-800-180-8316
(Germany toll free) 1-973-582-2815 (standard international) ID Code: OTI Q2 2007 Results
Conference Call. To attend the Web cast, use the following links:
http://www.otiglobal.com/content.aspx?id=226
For those unable to participate, the teleconference will be available for replay until midnight
September 3rd, by calling U.S: 877-519-4471 or International; 973-341-3080 and entering the
PIN number # 9133176 or on the web at:
http://www.otiglobal.com/content.aspx?id=226
Use of Non-GAAP Financial Information
In addition to reporting financial results in accordance with generally accepted accounting
principles, or GAAP, OTI uses non-GAAP measures of gross profit, net income and earnings per
share, which are adjustments from results based on GAAP to exclude non-cash equity-based
compensation charges in accordance with SFAS 123(R) and amortization of intangible assets.
OTI management believes the non-GAAP financial information provided in this release provides
meaningful supplemental information regarding our performance and enhances the
understanding of the Company’s on-going economic performance. The presentation of this non-
GAAP financial information is not intended to be considered in isolation or as a substitute for
results prepared in accordance with GAAP. Management uses both GAAP and non-GAAP
information in evaluating and operating the business and as such deemed it important to provide
all this information to investors.
Und 10 Mios Quartalsumsatz sind wohl eher für die Portokasse bei einem seit mehr als 10 Jahren weltweit operierenden Unternehmen.
Und das schlimmste ist: der CEO ist noch zufrieden mit dem vernichtenden Zahlenwerk.
“The first half revenues are in accordance with our initial expectations,” said Oded Bashan,
Chairman and CEO of OTI.” As we stated last quarter, we are expecting a stronger second half,
with most of the growth realized towards the end of 2007”.
Die Verlustausweitung bei steigendem Umsatz hat man also erwartet!?! Eine Erklärung bleibt wie gewohnt aus. Falls das so bleibt und nichts dagegen unternommen wird, werden weit mehr als 50 Mio.$ Umsatz nötig sein, um in die Gewinnzohne zu kommmen.
Ich würde jetzt langsam einmal Restrukturierungsmaßnahmen erwarten !!!
Im letzten Jahr hatte man ab dem 3.Quartal einen enormen Umsatzsprung angekündigt. Das wir nun auf das 4.Quartal verschoben. Ob damit das Umsatzziel von 48 Mio.$ für 2007 erreicht wird?
Ich gehe nun davon aus, dass wir unsere Erfolgserwartungen auf 2008/2009 verschieben können.
Gruß
März
OTI ist fertigungstechnisch gut aufgestellt: Israel, USA und China.
Und aufpassen: Der Umsatz wird größtenteils nur mit anlaufenden Serien und Projekten im Versuchsstadium erziehlt. Die Fertigung muss erst ausgelastet werden. Die Großserien werden in den Folgejahren kommmen.
Ich bleibe daher investiert.
Gruß
März
Hat jemand Infos von der conference call von gestern?
Des Weiteren erwartet man noch immmer, das Umsatzziel von 48 bis 50 Mio.$ für 2007 zu erreichen. Das wären dann fast 30 Mio.$ im 2.Halbjahr!
Irgendwie kann ich das alles kaum glauben, woher sollen die 30Mio kommen,
hab ich was verschlafen???
Danke jedenfalls März.
Verglichen mit den Planzahlen für 2007 des Vorstandes vom Anfang dieses Jahres bleibt man demzufolge offensichtlich beim Umsatzziel von annähernd 50 Mio.$ bzw. einem Plus von 20 bis 25%. Im letzten Quartalsbericht hat man allerdings den erwarteten großen Anstieg vom 3. auf das 4.Quartal ´07 verschoben. Ende August sollte man eigentlich genauer wissen, wie die Zahlen bis zum Ende des Jahres aussehen werden. Falls das stimmmt, könnte 2008 ein gutes Jahr werden. Das könnte nämlich bedeuten, dass die Großprojekte anlaufen, auf die wir alle warten.
Mehr Umsatz bedeuten eine bessere Auslastung der Fertigung. Damit kommmt man irgendwann in die Gewinnzohne. Meine früheren Abschätzungen (Gewinnne ab 50 Mio.$ Umsatz, aus Ableitungen des Verlaufes Umsatz/Verluste)waren leider nicht richtig. Der Grund dürfte der Preisverfall infolge Konkurrenzsituation sein. Ich wage gegenwärtig keine neue Abschätzung.
Grüße
März
Back to Headlines | Previous Story
InterCard, OTI's Subsidiary, Opens New Manufacturing Facilities
State-of-the-art facilities have increased capacity to support growing demand in the contactless reader market
FORT LEE, N.J., Sept. 17 /PRNewswire-FirstCall/ -- On Track Innovations Ltd. (OTI) (Nasdaq: OTIV), a global leader in contactless microprocessor-based smart card solutions for payments, petroleum payments, homeland security and other applications, announced today that its wholly owned subsidiary, InterCard Systemelectronic opened a new manufacturing facility in Germany on September 7, 2007, in the presence of the mayor of the city of Bad Durrheim, company management, employees and distinguished customers and guests.
The new state-of-the-art facilities were built according to the ISO 90001:2000 and the strict TS 16949 standards, which are required by the automotive industry, and will allow the company to provide best-of-class products, including OEM boards, PCBs, Contactless Readers and Electronics Manufacturing Services.
In commenting on the new 2,200 square meter (24,000 square foot) facility, Oded Bashan, Chairman & CEO of OTI, said that, "The expansion of the InterCard facility marks an important step in supporting our customers. We have increased our production capacity and improved our processes and standards to meet and exceed the quality requirements of our customers. This step is part of our ongoing efforts to provide the best products and services to our clients."
Heinz Kuchenbecker, General Manager (Geschaftsfuhrer) of InterCard commented that, "Building the plant according to the highest quality standards allows us to provide products for a wider range of customers. In addition, the new facility is larger in size, which enables us to increase throughput without compromising product quality, while maintaining the same number of employees."
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. Applications developed by OTI include product solutions for petroleum payment systems, homeland security solutions, electronic passports and IDs, payments, mass transit ticketing, parking and loyalty programs. OTI has a global network of regional offices to market and support its products. The company was awarded the Frost & Sullivan 2005 and 2006 Company of the Year Award in the field of smart cards. For more information on OTI, visit www.otiglobal.com, the content of which is not part of this press release.
Safe Harbor for Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Whenever we use words such as "believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions, we are making forward-looking statements. Because such statements deal with future events and are based on OTI's current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of OTI could differ materially from those described in or implied by the statements in this press release. For example, forward-looking statements include statements regarding our goals, beliefs, future growth strategies, objectives, plans or current expectations, such as our belief that demand is growing in the contactless reader market. Forward-looking statements could be impacted by market acceptance of new and existing products and our ability to execute production on orders, as well as the other risk factors discussed in OTI's Annual Report on Form 20-F for the year ended December 31, 2006, which is on file with the Securities and Exchange Commission. Although OTI believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. Except as otherwise provided by law, OTI disclaims any intention or obligation to update or revise any forward-looking statements, which speak only as of the date hereof, whether as a result of new information, future events or circumstances or otherwise.
Sogar nach dem Qualitäts-Zertifikat EN 16949, dem derzeit höchsten Standart. Respekt!
Frage, da bisher wie gewohnt ohne offiziellen Infos: Fertigung in Deutschland !? Das macht (kostenseitig) nur Sinn, wenn es auch Großkunden in Deutschland, zumindest aber in Europa gibt.
Welche sind das? Etwa Karten und Lesegeräte für Krankenversicherungen? MasterCard in Europa? Pässe/Reisepässe?
Ich glaube, da kommt in allernächster Zukunft eine große Meldung. Ich freue mich schon!
Gruß
März
Bitte um Infos.
Gruß
März
Nach zweijähriger Bauzeit weiht Intercard Systemelectronic in Biesingen sein neues Firmengebäude an der Mühlenstraße ein. Das Unternehmen, das seit 25 Jahren elektronische Bauteile und Geräte produziert, hat seine Anfänge im kleinsten Bad Dürrheimer Stadtteil. Mit der Verdoppelung der Produktionsfläche auf 2000 Quadratmeter wurde der Betrieb zugleich auf neue Erfordernisse und Kundenfelder ausgerichtet.
Bad Dürrheim - "Wir wollen wachsen", begründet Heinz Kuchenbecker, seit 1996 Geschäftsführer bei Intercard Systemelectronic, die Millioneninvestitionen am bisherigen Standort. Kuchenbecker verantwortet den Bereich Produktion, Technik und Einkauf, während sein Geschäftsführer-Kollege Shmuel Shamir für Controlling und Finanzen zuständig ist. 2005 fiel die Entscheidung, am Standort Biesingen zu bleiben und dort zu erweitern. Die Erweiterung wurde nötig, weil Intercard Systemelectronic ab diesem Zeitpunkt als selbständiges Unternehmen operiert, zuvor hatten Intercard Kartensystem in Schwenningen und Intercard Systemelectronic Verwaltung und Entwicklung gemeinsam betrieben, Biesingen hatte sich dabei auf die Produktion konzentriert. "Eine Erweiterung war nötig, um die gesamten Firmenbereiche hier unterzubringen", so Kuchenbecker, der das Unternehmen seit Beginn kennt.
Auch jetzt sehe man sich vorrangig als Produktionsunternehmen, wobei man keine eigenen Produkte herstellt, sondern nach Kundenwunsch Produkte entwickelt und bis zur Serienreife führt. "Unsere Kunden sitzen vorwiegend in Süddeutschland und der Schweiz. Sie kommen aus den Branchen Büro- und Datentechnik, Gebäude- und Sicherheitstechnik, Automotive, Maschinenbau, Mess- und Regeltechnik, Umwelttechnik und Medizintechnik." Abgesehen davon produziert man für den Mutterkonzern Oti, beispielsweise Kreditkarten-Lesegeräte. Diese Produkte werden weltweit bis nach China und Amerika verkauft.
Mit der Erweiterung wurden nicht nur die Betriebsabläufe effektiver gestaltet und den neuesten Sicherheitsanforderungen für die sensible Elektronikverarbeitung angepasst, es wurde auch weiter automatisiert und modernisiert. So gibt es jetzt zwei Lötlinien, an denen die Leiterplatten bestückt werden - eine an der wie bisher üblich mit Blei gearbeitet wird, und eine bleifreie. "Der Umweltgedanke hat auch unser Arbeitsgebiet erreicht, die Produkte sollen kein Blei mehr enthalten." Auf diese Entwicklung hat man reagiert. Zugleich ist aber das bisherige Verfahren notwendig, weil es mit den neuen bleifreien Legierungen noch keine Langzeiterfahrung gibt. Deshalb werden sie in so sensiblen Bereichen wie Medizintechnik oder Automobil noch nicht eingesetzt.
Die Erweiterungs- und Neubauarbeiten verlangten eine exakte Planung, denn es musste gewährleistet sein, dass der Betrieb weitgehend störungsfrei weiter laufen konnte. Deshalb wurde in mehreren Abschnitten gebaut. Zuerst wurde auf der angrenzenden Wiese die neue Produktionshalle mit 1000 Quadratmetern gebaut, im Juli vor einem Jahr wurde sie bezogen. Sie war direkt an die alte Halle angebaut, damit die Produktion stückweise verlagert werden konnte. Dann wurde der Wareneingang verlagert, damit vorne am bisherigen Haupteingang Warenein- und -ausgang erstellt werden konnten. "So war der Mittelbereich frei und die Montagehalle konnte gebaut werden, die die Verbindung von der neuen Halle zum Wareneingang und zur Verwaltung bildet", beschreibt Heinz Kuchenbecker den Ablauf. Eine schicke Kantine mit Terrasse gibt es auch. Der neue Verwaltungstrakt mit dem Haupteingang liegt jetzt am Sahlenbühlweg. Weitere Büros sind auf einer Galerie platziert, von der aus der Blick durch dicke Scheiben hinunter auf die Produktionshalle fällt. Jetzt wird noch der Außenbereich angelegt. "Das waren für uns alle zwei schwere Jahre", gibt der Geschäftsführer zu.
Knapp 60 Festangestellte Mitarbeiter hat das Unternehmen jetzt beschäftigt, dazu kommen Zeitarbeitskräfte, wenn Spitzen abgefangen werden müssen. Und die Mitarbeiter sind, neben der Nähe zu den Kunden, ein wichtiger Grund für den Standort Biesingen: "Wir hatten in der Vergangenheit hier nie Schwierigkeiten, gute, flexible Mitarbeiter zu finden." Sie kommen aus der Region, viele von ihnen aus der nahen Umgebung wie Sunthausen, Bad Dürrheim, Donaueschingen oder Villingen.
Mit einem Tag der offenen Tür präsentiert sich das Unternehmen am Samstag, 8. September. Ab 10.30 Uhr gibt es ein Rahmenprogramm mit Kinderunterhaltung und von 11 bis 15 Uhr Betriebsführungen durch den Neubau.
Quelle: Südkurier
Da ich unangemeldet kam, wurde mir ein Termin nach telefonischer Vereinbarung angeboten. Dies werde ich mit Sicherheit wahrnehmen, sobald ich wieder im Raum Villingen-Schwenningen bin.
Gruß
März
OTI to provide USA Technologies next generation contactless payment readers
Friday, October 27 2006
On Track Innovations says its contactless card readers will be installed by the end of the year on 10,000 USA Technologies-produced vending machines, enabling them to accept contactless cards from major credit card providers, including MasterCard, Visa, and American Express.
--------------------------------------------------
FORT LEE, N.J.--On Track Innovations Ltd, a global leader in contactless microprocessor-based smart card solutions for homeland security, payments, petroleum payments and other applications, announced that USA Technologies, a leader in the networking of wireless non-cash transactions for financial/network services and energy management, has selected OTI to provide its next generation contactless reader solution to be integrated into USA Technologies' Generation Six (G6) e-Port cashless transaction solution, developed specifically to accept contactless payments for vending machines. Initial orders are for 10,000 readers with initial deliveries commencing before the end of the year.
The integrated solution is built to support the growing U.S. contactless payment market. As previously reported by USA Technologies, MasterCard International has teamed with The Philadelphia Coca-Cola Bottling Company and USA Technologies to enable 1,000 Coca-Cola vending machines with the e-port cashless transaction solution.
USA Technologies also announced that Bank of America has become the first bank to target the cashless vending market. In its evaluation, the bank is also using G6 cashless payment technology developed to accept all forms of payment including credit cards, fobs, contactless cards or other payment devices, in vending machines.
With MasterCard PayPass, ExpressPay from American Express and Visa contactless, the associations have initially focused on drug stores, quick service restaurants, movie theaters and other merchants where transactions are usually under $25.
Now the 40 billion dollar U.S. vending industry with more than 8 million vending machines, is beginning to expand the payment opportunities for customers who appreciate speed and convenience. With the new reader consumers no longer need to fumble for cash and coins. To use this technology, consumers simply tap their contactless-enabled card or device on the vending machine's e-Port payment terminal. Within seconds, the terminal will flash a light and produce a tone signaling the transaction is complete.
George Jensen, Chairman and CEO, of USA Technologies said, "We are exceptionally pleased with the OTI reader for our G6 e-Port solution. And for the added value it brings our customers. The new product puts USA Technologies in the perfect position to further our relationships with vending operators, soft drink bottlers, credit card companies and banks."
Oded Bashan, President & CEO, OTI, stated, "the expansion to complementary markets of the traditional small contactless payments markets is a strong sign of confidence that the major financial institutions are pushing forward with their contactless programs. The vending machines market that relies today almost exclusively on cash can now enjoy the convenience and speed contactless payments can offer."
dazu eine neue Meldung:
Fantasy Entertainment Installs USA Technologies' Cashless Payment Technology in 1,000 Photo Kiosks Nationwide
Thursday September 27, 9:00 am ET
Global Photo Kiosk Company Innovates with USA Technologies' e-Port(R) Solution to Improve Operational Efficiency and Consumer Convenience
MALVERN, Pa.--(BUSINESS WIRE)--USA Technologies (NASDAQ:USAT - News) announced today that Fantasy Entertainment, a leading supplier of photo and imaging kiosks, has equipped 1,000 of its self-service photo booths nationwide with e-Port cashless payment technology.
Source: USA Technologies
· USA Technologies Provides e-Port Solution for Fantasy Entertainment Photo Kiosks (Graphic: Business Wire). View Multimedia Gallery
"The results of giving our customers the ability to use credit and debit cards are so impressive that we hope to expand the e-Port deployment to 2,000 photo booths within the next 18 months," said Dale Valvo, President, Fantasy Entertainment.
Photo booths equipped with USA Technologies' e-Port cashless solution allow consumers to use credit and debit cards when making payments, whether with traditional magnetic swipe or "tap and go" contactless cards.
"USA Technologies is excited to be working with Fantasy Entertainment and be among the first to bring cashless payment technology to the multi-billion dollar global kiosk market," said George R. Jensen, Chairman and CEO, USA Technologies. "The kiosk market in North America is expected to grow 44 percent in 2009 to more than 1,150,000 self-service machines."
Photo booths already account for more than 20 percent of all currently installed kiosks. Summit Research estimates there will be nearly 1.7 million kiosks worldwide by 2009.
Fantasy Entertainment chose the e-Port cashless solution for its ease of use, speed and convenience, giving consumers using the photo booths a more satisfying purchasing experience.
"As long as consumers can use 'plastic,' they don't need to bother with carrying cash. We have already noticed that many customers are making multiple purchases with their credit and debit cards, sometimes as many as five purchases," said Mr. Valvo.
USA Technologies' e-Port also gives Fantasy Entertainment the ability to monitor remotely photo booth performance and data 24x7.
"The e-Port ultimately will carry what we call our health and welfare data. Today, we stay in touch with our booths on 24x7 basis via a two way pager and proprietary software," said Mr. Valvo. "If there is a problem, the booth automatically notifies our customer service center and technicians of both type and extent of the problem. In the future, we will be utilizing the e-Port's communication network to transmit that data to improve our operational efficiency, reduce our monthly operating costs, and enhance kiosk security."
Fantasy Entertainment is among the first to utilize USA Technologies' recently announced e-Port Connect® service, which supports the company's e-Port cashless transaction product line, and web-based terminal reporting system, USALive®.
The e-Port Connect service enables merchants to remotely manage and mobilize on-line and by wireless their unattended cashless points-of-sale locations, providing merchant services, networking and communication services, technical support and consumer help desk, and electronic transfer of funds.
Fantasy Entertainment's 3,000 self-service kiosks are located in shopping and entertainment centers, malls, theme parks, zoos, aquariums, hotels and resorts nationwide. They include high-tech interactive photo systems where consumers can reproduce their image in multi categories, create artist quality sketches of portraits and photo strips on easily separated perforated sheets.
"USA Technologies' relationship with Fantasy Entertainment is further evidence of our product line's responsiveness to emerging cashless trends, and in driving new business, productivity and efficiency in the marketplace," said Mr. Jensen.
e-Port is already activating and operating a growing self-service market from vending machines and kiosks to a variety of point-of-sale terminals, dispensing everything from traditional beverages and snacks, to electronics, stationary, phone cards, CDs, videos, food items, t-shirts and document shredding services.
About Fantasy Entertainment
Fantasy Entertainment(SM) headquartered in Hudson, NH is the largest owner operator of electronic self-service photo imaging systems in North America. Founded in 1995, the privately held company owns and operates 3,000 entertainment photo imaging kiosks such as Foto Fun Strips, Portrait Studio®, Portrait to Anywhere® and Foto Cube®.
Fantasy Entertainment is currently exporting self-service photo imaging systems to over 25 countries and was named SBA's "2004 NH Small Business Exporter of the Year." Fantasy has booths located within marquis destinations such as: Disney, Sea World, Six Flags, major mall developers, zoos, museums, aquariums, casinos and hundreds of other high traffic outlets and tourist locations. "ABC's Extreme Makeover: Home Edition" has also featured their product, Foto Fun Strips on a recent episode.
About USA Technologies:
USA Technologies is a leader in the networking of wireless non-cash transactions, associated financial/network services and energy management. USA Technologies provides networked credit card and other non-cash systems in the vending, commercial laundry, hospitality and digital imaging industries. The Company has marketing agreements with AT&T, Honeywell, Blackboard, MasterCard and others. For further information on USA Technologies, please visit www.usatech.com.
Statement under the Private Securities Litigation Reform Act:
With the exception of the historical information contained in this release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to, the ability of the Company to increase revenues in the future due to the developing and unpredictable markets for its products, the ability to achieve a positive cash flow, the ability to obtain orders for its energy management products , the ability to obtain new customers and the ability to commercialize its products, which could cause actual results or revenues to differ materially from those contemplated by these statements.
Er schaufelt sich lieber das Geld in seinem Sack.
http://biz.yahoo.com/bw/070927/20070927005177.html?.v=1
Tuesday October 2, 9:30 am ET
Multi-Million Dollar Rollout of 13,000+ Optimum Terminals to Expand Electronic Payments in Mexico
PHOENIX--(BUSINESS WIRE)--Hypercom Corporation (NYSE:HYC - News) today announced that BBVA Bancomer, one of the leading banks in Mexico, has selected and will deploy more than 13,000 Optimum T2100 countertop and M2100 Bluetooth-enabled mobile payment terminals. Hypercom was selected for this latest multi-million dollar purchase in competition with other global payment providers. With the order, Bancomer BBVA has purchased more than 21,300 Optimum terminals in 2007. The high security devices are enabling the bank to expand its credit and debit systems throughout Mexico.
Source: Hypercom Corporation
· View Multimedia Gallery
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"BBVA Bancomer is an influential member of Mexico's banking leadership and a subsidiary of one of the largest financial groups in the Euro zone," said Jaime Arroyo, Managing Director, Caribbean and Central America, Hypercom Corporation. "Their repeated selection of Hypercom is a terrific endorsement that speaks to our products' competitive advantages, and strengthens our footprint in this important market."
Hypercom's Optimum T2100 is a high-speed 32-bit device with an integrated EMV-compliant smart card reader, built-in printer, large memory to accommodate multiple applications, support for multiple languages and currencies, hand-over countertop design and graphical interface that guides customers through transactions with clear prompts. The wireless Optimum M2100 is a compact, high-speed, battery-operated device that facilitates fast, secure point-of-sale transactions for restaurants, car rental companies, sports stadiums, medical facilities and other businesses that require non-stationary payment systems.
About Financial Group BBVA Bancomer (GFBB) (www.bancomer.com/nuestrom/index.html)
Financial group BBVA Bancomer (GFBB) is the greater private financial institution in Mexico in terms of deposits, that promote to Ps. 410.303 million to June of 2007, and number of banking clients, who at the moment surpass 14,2 million. To the same date, GFBB registered assets by Ps. 694.689 million, countable capital of Ps. 87.617 million and 33.801 employees.
GFBB is a company filial controller of Bank Bilbao Biscay Argentaria (BBVA), one of the bigger financial groups of the Euro Zone in terms of capitalization of market that ascended to 64.646 million euros to the closing of June of 2007. BBVA is a financial group with a high solution and yield, has presence in 36 countries of the world with 101.401 employees, than 35 million clients and 7.526 offices, emphasizing more their commitment with the Latin American region where leader forms the financial tax exemption.
The main subsidiary of GFBB is BBVA Bancomer (Bancomer), institution banking leader which it operates a bank of universal services by means of a commercial network to June of 2007 of 1.782 automatic branches and 5.004 tellers, who represent 20,6% and 19,4% of participation of market of the Mexican system respectively banking, to the month of March of 2007. The model of businesses of BBVA Bancomer is oriented exclusively to each segment of client by means of units that take care of specific necessities and desires, designing a supply of products and services to the measurement, endorsed by the quality and solidity of the Bancomer mark. Also, each unit specialized for individuals or companies has its own network of distribution.
About Hypercom (www.hypercom.com)
Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products and services. The company's solutions address the high security electronic transaction needs of banks and other financial institutions, processors, large scale retailers, smaller merchants, quick service restaurants, and users in the transportation, healthcare, prepaid, unattended and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits.
Hypercom and Optimum & Design are registered trademarks of Hypercom Corporation. All other products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners. This press release includes statements that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding market acceptance of new products, product capability and performance, product competitiveness, product sales, revenues and profits. These forward-looking statements are based on management's current expectations and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward-looking statements include, industry, competitive and technological changes; the loss of, and failure to replace any significant customers; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and services; compliance with industry standards, certifications and government regulations; the performance of suppliers and subcontractors; risks associated with international operations and foreign currency fluctuations; the state of the U.S. and global economies in general and other risks detailed in our filings with the Securities and Exchange Commission , including the Company's most recent 10-K and subsequent 10-Qs. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements. HYCP
Press Release Source: On Track Innovations Ltd.
OTI Provides Contactless Payment Readers to Support UK Contactless Program
Tuesday October 16, 8:00 am ET
Initial Deliveries of Approximately 10,000 Contactless Readers Supporting EMV Payments
FORT LEE, N.J., Oct. 16 /PRNewswire-FirstCall/ -- On Track Innovations Ltd. (OTI) (Nasdaq: OTIV - News), a global leader in contactless microprocessor-based smart card solutions for payments, petroleum payments, homeland security and other applications, announced today that it has been selected to provide the contactless readers for a rollout by major United Kingdom issuers of a contactless payment program. The contactless payment program in London was launched in September as another stage in the rollout of contactless payment products. It is expected that by year end, the UK issuers will issue contactless debit and credit cards to customers who live or work in the London roll-out area. Contactless payment is ideal for small value purchases such as newspapers, sandwiches, take-away coffees and greetings cards.
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OTI is delivering its Saturn 6000 contactless reader which is integrated with existing terminals in the field and will be installed in different outlets. The Saturn 6000 was designed with channel partners in mind. Its unique platform of comprehensive and modular firmware, allow for fast, efficient and cost effective integration with terminals, resulting in secure contactless EMV transactions. The Saturn 6000 presents the leading cost-to- performance contactless reader in the market today offering a superior up-to- date product with a large LCD display, multiple configuration options, built- in encryption and security features, and exceptionally fast transaction speed. Certified by both MasterCard and VISA, OTI'S Saturn 6000 exceeds the contactless EMV requirements.
Oded Bashan, Chairman & CEO of OTI said, "We are proud to have been selected to support the UK contactless payment rollout. The Saturn 6000 and our involvement in the UK contactless payment rollout provide an example of our leading-edge superior products suitable for the global contactless markets providing solutions for both EMV markets and the US market on a single technology platform. Our new state of the art manufacturing facility in Germany, combined with experienced teams in our offices in Europe, excellent R&D resources and OTI's know-how provide our partners and customers with a second to none value proposition."
About OTI
Established in 1990, OTI (NASDAQ-GM: OTIV) designs, develops and markets secure contactless microprocessor-based smart card technology to address the needs of a wide variety of markets. Applications developed by OTI include product solutions for petroleum payment systems, homeland security solutions, electronic passports and IDs, payments, mass transit ticketing, parking and loyalty programs. OTI has a global network of regional offices to market and support its products. The company was awarded the Frost & Sullivan 2005 and 2006 Company of the Year Award in the field of smart cards. For more information on OTI, visit www.otiglobal.com, the content of which is not part of this press release.
Safe Harbor for Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Whenever we use words such as "believe," "expect," "anticipate," "intend," "plan," "estimate" or similar expressions, we are making forward-looking statements. Because such statements deal with future events and are based on OTI's current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of OTI could differ materially from those described in or implied by the statements in this press release. For example, forward-looking statements include statements regarding our goals, beliefs, future growth strategies, objectives, plans or current expectations, such as our belief that demand is growing in the contactless reader market and our position regarding the superiority of the Saturn 6000. Forward-looking statements could be impacted by market acceptance of new and existing products and our ability to execute production on orders, as well as the other risk factors discussed in OTI's Annual Report on Form 20-F for the year ended December 31, 2006, which is on file with the Securities and Exchange Commission. Although OTI believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. Except as otherwise provided by law, OTI disclaims any intention or obligation to update or revise any forward-looking statements, which speak only as of the date hereof, whether as a result of new information, future events or circumstances or otherwise.
OTI Contact: Investor Relations:
Galit Mendelson Miri Segal
Director of Corporate Communications Strategic Growth International
201 944 5200 ext. 111 212 838 1444
galit@otiglobal.com msegal@sgi-ir.com
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Source: On Track Innovations Ltd.
Freunde, ich bin mir sicher, das wird!!!
Grüße
März
www.rbscontactless.com/