00-00-0000 OTI inclines Further Into Chip Arena.



00-00-0000


OTI inclines Further Into Chip Arena.

Feb 10 2000 (Card recents 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 way of which OTI acquired

full ownership of SoftChip on swapping shares. The swapped shares
have
been derived from an increase of OTI's authorized capital by the agency of
approximately 120,000 ordinary shares. The acquisition marks another

attempt by means of OTI to deepen and widen its involvement in the design and

innovation of chips for smart cards. SoftChip is a



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