B.O.S’ RFID and Mobile Division Received an Order for an Automatic System for Tracing Fruit and Vegetables in a Packinghous...
November 30 2016 - 3:18AM
B.O.S. Better Online Solutions Ltd. ("BOS" or the "Company")
(NASDAQ:BOSC), a leading Israeli provider of RFID and Mobile
solutions and a global provider of Supply Chain solutions to
enterprises, announced today that its RFID and Mobile Division
received an order from Mehadrin Tnuport Export Ltd., for an
automatic system that traces fruit and vegetables along the sorting
process in the packinghouse. The system is composed of controllers,
sensors, weighing and mobile equipment, and proprietary
software. The system collects the information on the fruit and
vegetables during the sorting and packing process, labels the
packing boxes and updates the ERP system. The order amounts to
approximately $80,000 and the system will be installed gradually in
four packing houses through 2017.
Mehadrin Tnuport Export Ltd. (www.mtex.co.il) is
one of Israel’s largest growers and exporters of citrus as well as
other fruit and vegetables, with over 8,500 hectares of
agricultural holdings. Mehadrin’s annual sales are approximately
$300 million, with over 70% of the produce exported globally to all
continents.
Rami Sigall, Mehadrin’s Vice President of Information Systems
and Control, stated: “BOS' system is a major element in our
advanced electronic sorting systems that allow us to finely
classify fruit according to color and size. This way, our customers
are sure that they will receive exactly what they have ordered and
we know exactly the productivity and quality of our growers.”
Uzi Parizat, RFID & Mobile Division's Vice President,
stated: “We have been working with Mehadrin for many years, and I
am very pleased that it has once again chosen BOS to support its
evolving technological needs.”
About
BOS
B.O.S. Better Online Solutions Ltd. (BOSC) is a
leading Israeli provider of RFID and Mobile solutions and a global
provider of Supply Chain solutions to enterprises. BOS' RFID and
Mobile division offers both turnkey integration services as well as
stand-alone products, including best-of-breed RFID and AIDC
hardware and communications equipment, BOS middleware and
industry-specific software applications. The Company's Supply Chain
division provides electronic components consolidation services to
the aerospace, defense, medical and telecommunications industries
as well as to enterprise customers worldwide. For more information,
please visit: www.boscorporate.com.
Safe Harbor Regarding Forward-Looking
Statements
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. These risk
factors and uncertainties include, amongst others, the dependency
of sales being generated from one or few major customers, the
uncertainty of BOS 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, the effect of exchange rate fluctuations, general worldwide
economic conditions and continued availability of financing for
working capital purposes and to refinance outstanding indebtedness;
and additional risks and uncertainties detailed in BOS's periodic
reports and registration statements filed with the U.S. Securities
and 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.
For more information:
Eyal Cohen
CFO
+972-542525925
BOS Better Online Soluti... (NASDAQ:BOSC)
Historical Stock Chart
From Aug 2024 to Sep 2024
BOS Better Online Soluti... (NASDAQ:BOSC)
Historical Stock Chart
From Sep 2023 to Sep 2024