On 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.
On Track Innovations jumps following ruling in suit with T-Mobile A judge in the Southern District of New York granted On Track Innovations (OTIV) motion for summary judgment of infringement in a patent lawsuit between the company and T-Moblie. according to a court filing. Shares of On Track jumped 26% to $1.63 in afternoon trading.