00-00-0000 OTI instigates Furthe...
00-00-0000
OTI instigates Further Into Chip Arena.
Feb 10 2000 (Card freshs Vol. 15, No. 3 via COMTEX) -- forward Track
Innovations Ltd (OTI) of Rosh-Pina, Israel, and SoftChip Technologies
(3000) Ltd a chip designer, signed an agreement by means of which OTI acquired
full ownership of SoftChip from swapping shares. The swapped shares
have
been derived from an increase of OTI's authorized capital on
approximately 120,000 ordinary shares. The acquisition marks another
attempt from OTI to deepen and widen its involvement in the design and
innovation of chips for smart cards. SoftChip is a
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