Noble Financial M.A.D. MAX Equity Conference



    FORT LEE, N.J., Aug. 11 /EMWNews/ -- 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, will be presenting at the Fourth

Annual Noble Financial Equity Conference at 4:00 p.m.(Pacific) on Monday,

August 18, 2008 at the Loews Lake Las Vegas Resort, Nevada.



    A presentation regarding OTI's market positioning, financial

performance and strategic direction will be provided. The presentation will

be webcast live featuring high-definition, streaming video and PowerPoint

slides. Access is available by logging on to the conference website

http://www.noblemadmax.com or by going to OTI's website at

http://www.otiglobal.com/content.aspx?id=231. It is recommended that

interested parties register at least 15 minutes prior to the start of the

presentation to ensure timely access.



    On Track Innovations Ltd. (OTI) is a leading contactless smart card

solution provider. Applications developed by OTI include product solutions

for:



    1. SmartID -- Homeland security solutions -- national ID cards,

e-passports and medical cards.



    2. Payments -- Cashless solution for small ticket items.



    3. EasyFuel -- Fuel management and petroleum solution.



    Noble will also arrange one-on-one meetings with OTI. This will be an

excellent opportunity to meet with OTI and receive an update on OTI's

technology.

    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, loyalty programs and secure campuses. 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 http://www.otiglobal.com, the

content of which is not part of this press release.



    About Noble Financial



    Noble Financial is a privately-held, full-service capital markets firm

driven by what is often overlooked by other firms -- uncovering the value

embedded in the orphaned, undiscovered or misunderstood company. The

company focuses on converting market inefficiencies into profit

opportunities. Noble Financial supports emerging companies through

strategic advice, investment banking, market-making, sales & trading,

comprehensive equity research, and the development of institutional

support. Noble Financial's equity conferences -- 2008 marks their fourth

annual -- allow for a unique blend of professional and personal interaction

among a diverse cross-section of executives. The company has operated for

24 years and has offices in Florida, New York City and Boston.




    OTI Contact:                                Investor Relations

    Galit Mendelson                             Paul Holm

    Vice President of Corporate Relations       portfoliopr

    201 944 5200 ext. 111                       212 888 4570

    [email protected]                         [email protected]