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Israeli firm OTI bags Mn dollar NFC reader deals in US & Asia

OTI, an Israeli company that designs and develops contactless microprocessor based smart card technology, recently signed a major contract to supply NFC-readers to one of its channel partners in the U.S. According to the terms of the agreement, the partner is required to buy $10 Mn worth of OTI NFC readers over 3 years.

OTI Signed another big deal yesterday (Nov 13th 2013) with banks in Taiwan, Macao and Hong Kong through its new channel partner, Tradelink Electronic Commerce (a Hong Kong based e-co ...

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