BOS Receives Orders for Electronic Components from a Strategic
BOS Expects Delivery in Q4/2008 .
RISHON LEZION, Israel, September 9, 2008 (BUSINESSWIRE) B.O.S. Better
Online Solutions Ltd. (“BOS” or the “Company”) (NASDAQ:BOSC; TASE:
BOSC) a leading provider of comprehensive Mobile and RFID Solutions and
Supply Chain Solutions, announced today that its fully owned subsidiary,
Odem Technologies (1992) Ltd. (“Odem”), received orders for electronic
components from a strategic customer. These orders amount to over $600,000
and are anticipated to be supplied during the fourth quarter of 2008.
The customer is engaged in the aviation industry and is a supplier to large civil
aviation customers in the United States. The electronic components are
intended for a pilot in the business jets industry , an industry that enjoys a
growing demand in the last couple of years .
Avidan Zelichovski, Odem’s CEO and Head of BOS’ Supply Chain Solutions for
Israel and Europe commented: “We are very pleased with this new order coming
from one of our major strategic customers. The success of this pilot can lead our
Company to obtaining orders in significant amounts for 2009 and 2010.”
Shmuel Koren, BOS’s President & CEO said: “This new order reflects the
significant strengthening of our relationships with our customers in the supply
chain solutions business and their satisfaction with our products and customer
B.O.S. Better Online Solutions Ltd. (“ BOS” ) was established in 1990.
BOS’s operations consist of:
(i) Fully integrated Mobile and RFID Solutions that are offered either as
stand alone products or as full Solutions combined of:
(a) Hardware Devices – A Mobile and RFID Infrastructure with an
automatic identification and data collection equipment based on RFID
and barcode technology; and
(b) Middleware – A variety of proprietary Servers intended to receive
data from Hardware, process it and transfer it to the Software
(c) Software Applications – PointAct application platform for
implementation of various business organizational processes.
(ii) Supply Chain Solutions- reselling electronic systems and components
for security, and aerospace manufacturers.
BOS is traded on NASDAQ and on the Tel-Aviv stock exchange. Our website is
For further information please contact:
B.O.S Better Online Solutions Ltd.
Mr. Eyal Cohen, CFO, +972-3-954-1000
Israeli Investor Relations – please contact
Mr. Zvi Rabin +972 50-560-0140
U.S. Investor Relations – please contact
Ms. Leslie Wolf-Creutzfeldt
- 1 +646-284-9472
The forward-looking statements contained herein reflect management’s current
views with respect to future events and financial performance. These forwardlooking statements are subject to certain risks and uncertainties that could cause
the actual results to differ materially from those in the forward-looking
statements, all of which are difficult to predict and many of which are beyond
the control of BOS. These risk factors and uncertainties include, amongst others,
the dependency of sales being generated from one or few major customers, the
uncertainty of our being able to maintain current gross profit margins, inability
to keep up or ahead of technology and to succeed in a highly competitive
industry, inability to maintain marketing and distribution arrangements and to
expand our overseas markets, uncertainty with respect to the prospects of legal
claims against BOS; and additional risks and uncertainties detailed in BOS’s
periodic reports and registration statements filed with the U.S. Securities
Exchange Commission. BOS undertakes no obligation to publicly update or
revise any such forward-looking statements to reflect any change in its
expectations or in events, conditions or circumstances on which any such
statements may be based, or that may affect the likelihood that actual results
will differ from those set forth in the forward-looking statements.