Texas based OVS manufactures and markets cage-type vending machines for selling bulky items such as firewood, charcoal and cases of bottled water and has exclusive contracts with Texas Parks and Wildlife. Their machines also target Big-box and convenience stores for unattended propane bottle sales and exchange.
“Upgrading to a fully EMV compliant payment solution that is also certified for use in hazardous locations such as propane vending was an easy choice,” says
“This is indicative of our strategy to further expand our business activity in the US,” says OTI CEO
otiKiosk comes with a full featured and pre-integrated Terminal Management System (TMS) that allows customers to manage their machines independently or as a service provided by OTI.
For more information on OTI’s cashless payment solutions for unattended retail environments visit the company’s website, follow the company on Twitter or LinkedIn, or schedule a meeting with OTI team at the upcoming NAMA OneShow.
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. For example, we are using forward-looking statements when we discuss our expectations regarding our growth or profitability, reduction of costs and expenses, expected divestitures, plans for our existing and new products and services, penetration of new markets and securing new customers, contributions of our regions to our growth, resolution of our outstanding patent infringement claims, strengthening of our balance sheet and delivery long-term shareholder value. 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. Forward-looking statements could be impacted by the effects of the protracted evaluation and validation periods in the U.S. and other markets for contactless payment cards, or new and existing products and our ability to execute production on orders, as well as other risks and uncertainties, including those discussed in the "Risk Factors" section and elsewhere in our Annual Report on Form 10-K for the year ended
Neil BarrOTI +972-4-686-8004 email@example.com