On Track Innovations posted revenues for the first six months of $14.5 million, a 45% jump over the same period of last year. Revenues for the second quarter were up to $7.8 million from $4.6 million in 2Q/04. The increase in revenues represents the rapid advancements in the contactless market around the world and in particular the contactless payments market in the U.S. Net loss for the period decreased by 21% to $4.7 million. OTI designs, develops and markets secure contactless microprocessor-based smart card technology to address the needs of a wide variety of markets. For complete details on OTI’s second quarter performance, visit CardData ([www.carddata.com]).