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June 5, 2014
08:33 EDTOTIVOn Track Innovations signs five-year Arlington county cashless parking contract
On Track Innovations has signed a five-year contract to help manage more than 5,000 on-street parking spaces in Arlington County, Virginia. Arlington County was one of the first areas in the U.S. to adopt cashless parking solutions. otiís EasyPark in-vehicle parking device will replace the countyís existing iPark system. The agreement includes general and financial management services, parking fees collection, and customer support services.
News For OTIV From The Last 14 Days
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September 30, 2015
11:31 EDTOTIVOn Track Innovations files patent infringement lawsuits against AT&T, Verizon
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September 25, 2015
09:50 EDTOTIVOn Track says reaches agreement in principle with T-Mobile to settle claims
On Track Innovations (OTIV) announced in a regulatory filing that on September 24, it notified the U.S. District Court, Southern District of New York, jointly with T-Mobile (TMUS) that the parties have reached an agreement in principle to settle both of the company's claims against T-Mobile and the parties requested from the Court a 30-days stay of all deadlines pending in both actions to negotiate the terms of a settlement agreement. The company expects that the net proceeds from the settlement with T-Mobile, if such settlement is reached, should not be significant and under Company's initial expectations.

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