B.O.S Receives a $420,000 Order from an Israeli Leading Retail Fashion Chain
November 05 2018 - 9:30AM
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 has
received a $420,000 order from a leading retail fashion chain in
Israel. The order, which is expected to be delivered by the end of
2018, is for in-store inventory management equipment. In addition
to the order, BOS was retained to provide inventory counting
services at this customer’s 80 large footprint stores in Israel.
Revenues from the counting services shall be based on the number of
items to be counted.
Yuval Viner, BOS' Co-CEO, stated: "BOS offers a
wide range of solutions and services that track inventory along the
supply chain, from the warehouse to the point of sale. We are
pleased to have another leading Israeli retail fashion chain join
our robust client base. We plan to introduce this customer to
additional solutions and services that improve inventory management
efficiency."
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.
For more information:
Eyal Cohen
Co-CEO and CFO
+972-542525925
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' 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.
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