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EXHIBIT 12.1

CERTIFICATION

I, Oded Bashan, certify that:

|1. | I
have reviewed this annual report on Form 20-F of On Track Innovations Ltd.;
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|2. | Based
on my knowledge, this report does not contain any untrue statement of a material fact
         or omit to state a material fact necessary to make the statements made, in light
of the          circumstances under which such statements were made, not misleading with
respect to the          period covered by this report;
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|3. | Based
on my knowledge, the financial statements, and other financial information included
         in this report, fairly present in all material respects the financial condition,
results of          operations and cash flows of the registrant as of, and for, the
periods presented in this          report;
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|4. | The
registrant's other certifying officer and I are responsible for establishing and
         maintaining disclosure controls and procedures (as defined in Exchange Act Rules
13a-15(e)          and 15d-15(e)) for the company and have:
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| | a) | designed
such disclosure controls and procedures, or caused such disclosure
                  controls and procedures to be designed under our supervision, to ensure
that                   material information relating to the company, including its
consolidated                   subsidiaries, is made known to us by others within those
entities,                   particularly during the period in which this report is being
prepared;
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| | b) | evaluated
the effectiveness of the company's disclosure controls and                   procedures
and presented in this report our conclusions about the                   effectiveness of
the disclosure controls and procedures, as of the end of the                   period
covered by this report based on such evaluation; and
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| | c) | disclosed
in this report any change in the company's internal control over
                  financial reporting that occurred during the period covered by the
annual                   report that has materially affected, or is reasonably likely to
materially                   affect, the company's internal control over financial
reporting; and
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|5. | The
company's other certifying officer and I have disclosed, based on our most recent
         evaluation of internal control over financial reporting, to the company's
auditors and the          audit committee of the company's board of directors (or persons
performing the equivalent          functions):
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| | a) | all
significant deficiencies and material weaknesses in the design or
                  operation of internal control over financial reporting which are
                  reasonably likely to adversely affect the company's ability to record,
                  process, summarize and report financial information; and
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| | b) | any
fraud, whether or not material, that involves management or other
                  employees who have a significant role in the company's internal control
                  over financial reporting.
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Date: May 22, 2006

| |  | By:       /s/ Oded Bashan
Oded BashanChief Executive Officer of the Company
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