BOS' Supply Chain Division Receives Orders Totaling $740,000
July 02 2020 - 9:15AM
BOS Better Online Solutions Ltd. ("BOS" or the "Company")
(NASDAQ: BOSC), a global provider of intelligent systems and
services for production and logistics, announced today that its
Supply Chain Division has received orders totaling $740,000 for
electronic components for delivery this year.
Hagit Eliyahu, VP sales of the Supply Chain Division, stated:
"This is an addition to the $300,000 orders from the same customer,
which we announced on June 25, 2020. The orders from this customer,
which exceed $1 million, demonstrate the strong added value of our
supply chain services to manufacturers."
Avidan Zelicovski, BOS' President, stated: "I am very pleased
with the performance of our Supply Chain division. This order
strengthens our position in the Israeli market. Also, during April
we announced significant orders from two US electronic
manufactures, an important milestone towards expanding our business
and customer base in the US.”
About BOS:BOS is a global provider
of intelligent systems and services for production and logistics.
BOS’ Robotics and RFID Division offers intelligent robotics and
RFID systems for industrial and logistics processes as well as for
retail store management. BOS' Supply Chain Division provides
electronic components, mainly for the aerospace, defense and other
industries worldwide. Its services include the consolidation of
components from a vast number of suppliers, long term scheduling
and kitting. For more information, please visit our new website:
www.boscom.com or contact:
Eyal Cohen, CEOB.O.S Better
Online Solutions Ltd. +972-542525925eyalc@boscom.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 a 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, the impact of the COVID-19 virus and continued
availability of financing for working capital purposes and to
refinance outstanding indebtedness; risks associated with
completing and successfully integrating an acquisition with BOS’s
existing business; 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