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OTI Appoints Larry Susman as VP of SalesROSH PINNA, Israel, Feb. 27, 2017 (GLOBE NEWSWIRE) -- On Track Innovations Ltd. (OTI) (NASDAQ:OTIV), a global provider of near field communication (NFC) and cashless payment solutions, announced today that Larry Susman has joined the Company as Vice President of Sales to further develop OTI’s growing portfolio of regional and international accounts. Larry brings a wealth of industry experience having spent several years at Retalix, which was acquired by NCR, and other retail technology companies where Larry was instrumental in acquiring numerous large corporate accounts. Larry joins OTI to boost its rapid growth momentum by targeting the world’s top retail companies as potential clients. “I am excited to manage and grow OTI’s international sales efforts, and further develop the Company’s already impressive range of products and solutions,” commented Larry Susman. “With his deep industry knowledge and experience, Larry is a crucial addition to the OTI team, and we view his appointment as a sign of our continuing commitment to becoming the world’s leading payment industry company over the coming years,” stated Shlomi Cohen, OTI’s CEO. “Our move away from hardware only, to a more solutions based offering, together with our continued growth driven by our innovative payment solutions, led us to find a person who can spearhead our international sales team. We are very fortunate to have found a person of Larry’s caliber to fulfill this role. I am very confident Larry will play a pivotal role in providing and implementing high quality solutions for our growing client bse,” Cohen added. About OTI On Track Innovations (OTI) is a global leader in the design, manufacture and sale of secure cashless payment solutions using contactless NFC technology with an extensive patent and IP portfolio. OTI’s field-proven innovations have been deployed around the world to address cashless payment and management requirements for the Internet of Things (IoT), wearables, unattended retail and petroleum markets. OTI distributes and supports its solutions through a global network of regional offices and alliances. For more information, visit www.otiglobal.com. Safe Harbor for Forward-Looking Statements OTI Press Contact: Neil Barr Director of Marketing +972-4-686-8004 [email protected] |