Press Release - 11 / 09 / 99
Israel's Municipalities to roll out EasyPark™ Electronic In-Vehicle Parking Meter Nationwide
Rosh Pina, Israel, November 9, 1999
EasyPark Ltd., and Israel's Local Government Economic Services organization, have set the
official date for full nationwide roll out of EasyPark™ the electronic in-vehicle parking meters for
January 2nd, 2000.
EasyPark Ltd., a subsidiary company of On Track Innovations Ltd. (OTI), won the Israeli tender
for Israel's nationwide electronic parking project. The first stage of implementation of the
EasyPark system started in mid 1999, in the city of Haifa, and was enthusiastically accepted
by the users.
"We are very pleased to have come so far after years of investing in the development of this
leading parking system" said Mr. Eran Tamir, General Manager of EasyPark Ltd. "We were very
encouraged by the warm acceptance of the EasyPark™ in its first stage of implementation.
People really like this product as it simplifies the entire parking process. By January 2000 we
will start mass supplying of the EasyPark cards".
The EasyPark™ Electronic Parking System was designed to provide a comprehensive solution
for both curbside parking as well as collection of parking fees in public and private lots.
EasyPark™ provides a turnkey system with advantages for drivers, parking inspectors, the local
municipality and the fee collection agent. Beside distribution of cards, EasyPark Ltd. will handle
the clearing and the points of sale as well as the supply and maintenance of the readers.
The core of the system is the patented EasyPark™ card, a durable, read/write battery-free,
contactless, multi-application smart card. OTI's contactless smart card technology forms the
read/write process between the EasyPark™ card and the reader. Communication between the
EasyPark™ card and the parking attendant's reader is encrypted to ensure highest protection
level against fraud.
Because the system is easy to use, it simplifies payment for parking and therefore increases
compliance. The system increases parking revenues while improving the level of service to the
The same Electronic Parking Card can be used for electronic payment in parking lots, once
parking lots owners adopt the system. Thus, drivers will use only the EasyPark™ Card for
street parking as well as for parking lots applications.
EasyPark™ is activated by an on/off push button.Time calculation is stopped the moment the
meter is halted; accordingly only de-facto parking time is measured and charged. The electronic
parking meter can be re-charged by using cash or credit cards at special terminals located in
gasoline stations and malls. When re-loading the card, the already collected parking fees are
automatically transferred to the accounts of the relevant municipalities, which have been
pre-defined in the software of the system. .
Parking regulations are easily enforced. By visual sight or by presenting the reader in front of the
electronic meter, parking attendants can verify that the timer has indeed been initialized and the
correct parking zone indicated. Parked cars, that do not comply with regulations can be fined on
EasyPark™ is another implementation of OTI's microprocessor-based contactless smart card
technology. This cost effective and easy to use parking system is now being installed on a
nationwide basis in Israel as well as being piloted in other countries worldwide.
EasyPark Ltd. was established in 1991 as a subsidiary company of OTI. The Company was
granted its patent for "matched antenna, technical of contactless Smartcard" in 1993. EasyPark
was selected as the winner of the Israeli nationwide electronic parking card project in 1997, out
of 16 companies who bid for this project. The Company has established EasyPark Israel Limited
together with Hayun Israeli Computers Ltd., an Israeli based clearinghouse. EasyPark Israel is
responsible for the implementation and operations of this nationwide project and will also supply
clearing services for the collected parking fees to the local Israeli municipalities.
On Track Innovations Ltd. (OTI) is the world's pioneer in microprocessor-based contactless
smart card technology. The company has developed a portfolio of patented contactless smart
card technologies, including the microprocessor-based contactless/contact EYECONÔ
MultiCard system, which provides optional DES, Triple-DES, RSA or ECC level data encryption
between the card and the reader. The company was awarded the prestigious ESCAT Award for
the "Most Innovative Smart Card Accomplishment of the Year 1997". Established in 1990, OTI
has applied its technologies in a variety of applications worldwide. The implementation of
numerous applications such as the electronic purse, mass transit, parking, gas management
systems, loyalty schemes, ID and security as well as other unique customized applications
have put OTI and its products at the cutting edge of contactless smart card technology. OTI has
front offices and subsidiaries in Europe, the USA, South Africa and China. For more information,
please visit our website, www.oti.co.il
Eran Tamir, General Manager, EasyPark Ltd.
Tel: +972 6 6938884
Fax: +972 6 6938887