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TERADYON, ISRAEL – February 8, 2004 –B.O.S. Better On-line Solutions Ltd. (the “Company” or “BOS”) (NASDAQ: BOSC, TASE:BOS) announced today that two of its directors have resigned, and that the Board of Directors has appointed two new directors in their place, to serve until the next annual general meeting of shareholders.
Mr. Boaz Harel tendered his resignation from the Board of Directors of the Company and from the Board of Directors of its subsidiary, BOScom Ltd. due to personal reasons, and Mr. Jacob Tenenboem resigned from the Company’s Board as other commitments prevent him from being able to devote the necessary time as a director of the Company.

The Board of Directors appointed Mr. Adiv Baruch and Mr. Avishai Gluck, as directors, to serve until the next annual shareholders’ meeting.
Mr. Adiv Baruch, 41, is the Company’s President and CEO, since January 1, 2004. From 1999 to 2003 he served as Executive VP Business Development of Ness Technologies, and has expertise in the Telecom and High-tech industry. Mr. Baruch is well respected in the Israeli High-tech market as well as the international markets with his strategic capabilities and marketing vision. Mr. Baruch is also a former partner and active director holding an executive position at IPEX, acquired by Ness. He has served as founder and an executive or director for several IT companies and Internet start-ups, and was significantly involved in the M & A process and in assisting these companies in their global expansion. Mr. Baruch is actively involved as the chairman of the Israeli Export Institute Hi-Tech and Telecom Division. He has a B.Sc. in Computer Science and Industrial Engineering from the Technion – Israel Institute of Technology.

Mr. Avishai Gluck, 32, serves as the Executive Vice President of Catalyst Investments. Mr. Gluck brings with him over 6 years of financial management, accounting and tax consultation experience. He has extensive knowledge of the Israeli high tech market, having screened hundreds of companies in Catalyst and as a senior corporate consultant at E & Y Israel. Mr. Gluck currently serves as a director in MTI Wireless-Edge Ltd. Prior to joining Catalyst, he held the position of Corporate Finance Consultant and accountant with Ernst & Young’s Israeli affiliate Kost Forer & Gabbay, a leading Israeli CPA firm with a dominant position among Israeli technology companies. Mr. Gluck has a BA from Tel-Aviv University in Accounting and Economics and is a licensed CPA.

About B.O.S.

Through its wholly owned subsidiary, BOScom, the Company develops, produces and markets multi-functional, cross-enterprise communication and networking products. Marketed under the BOS?NOVA brand, these products are renowned for their simplicity of use, quality, and reliability.
The IP Telephony line offers innovative convergence migration solutions that leverage a corporation’s existing equipment infrastructure.
The legacy line provides solutions for IBM midrange-to-PC and LAN connectivity and GUI emulation, and printing solutions that are operating system-independent.
B.O.S. was established in 1990 and became a public company traded on the Nasdaq National Market in 1996 (Nasdaq:BOSC), and on the Tel Aviv Stock Market in 2002 (TASE:BOS).

For Further Information
Nehemia Kaufman
Tel. +972-4-9907555

The forward-looking statements contained herein reflect management’s current views with respect to future events and financial performance. These forward-looking 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, including, but not limited to, those risks and uncertainties detailed in BOS’ periodic reports and registration statements filed with the U.S. Securities Exchange Commission.

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