oti Reports Second Quarter 2016 Financial Results

oti Reports Second Quarter 2016 Financial Results

ROSH PINA, ISRAEL — (Marketwired) — 08/10/16 — (NASDAQ: OTIV), a global provider of near field communication (NFC) and cashless payment systems, reported financial results for the second quarter ended June 30, 2016.Partnered with Microtronic to bring world–s first open and closed loop payment solution to the global vending marketFormed partnerships with vending distributors to the Romanian, Netherlands and Flanders marketsUnattended Card Payments (UCP) selected the SATURN 6500 TRIO reader