B.O.S. - Better On-line Solutions Ltd. Announces Registration of its Ordinary Shares Issued on Exercise of its Warrants.Business Editors TERADYON, Israel--(BUSINESS WIRE)--March 20, 2000 B.O.S. - Better On-line Solutions Ltd. (the "Company" or "BOS") (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BOSC) announced today that it has registered the ordinary shares underlying its warrants (NASDAQ: BOSCW). In response to inquiries of warrant holders, the Company reminds warrant holders that warrants expire on April 2, 2000 and that warrant conversion may be done by one of the two methods: 1. Via the Company's transfer agent - American Stock Transfer and Trust Company (AST (AST Computer, Irvine, CA) A PC manufacturer founded in 1980 by Albert Wong, Safi Quershey and Tom Yuen (A, S and T). It offered a complete line of PCs that sold through its dealer channel. ), or 2. Directly, by contacting the Company's offices. In each case, the warrant holder must submit the warrant certificate to either AST (by DWAC DWAC Deposit/Withdrawal At Custodian DWAC Devil Without A Cause (Kid Rock song) DWAC Downtown Women's Action Coalition DWAC Dual Wavelength Add/drop Cassette or by mail) or to the Company (by mail only) together with the appropriate payment for exercise of the warrant. Any request to convert warrants accompanied by a personal check will be handled only after the check has been cleared. Wiring payment to the Company will accelerate the process. For further details please contact the Company at +972-4-990-7505. About BOS Better On-Line Solutions BOS creates innovative and powerful solutions for seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. of PCs and LANs into the midrange host environment. The company designs, develops, manufactures, markets and supports superior products that provide efficient solutions to PC connectivity challenges in the AS/400 environment as well as printing solutions that are operating-system independent. Reflecting strategic expansion into growing communication markets, BOS established Lynk in 1995, which develops and supplies high-quality, end-to-end IP telephony The two-way transmission of voice over a packet-switched IP network, which is part of the TCP/IP protocol suite. The terms "IP telephony" and "voice over IP" (VoIP) are synonymous. and remote access solutions for both the corporate market and telephony service market. In October 1997, the company purchased a percentage (currently 28.7% owned - fully diluted - 24.5%) of Surf Communication Solutions Surf Communication Solutions develops a suite of hardware and software products that drives a wide variety of applications whose common goal is high-capacity distribution of voice and video. Ltd., a software solutions developer for access products that are integrated into telecommunication systems and electronic consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and . During 1999, Surf has doubled its number of employees and significantly expanded its research and development activities. In June 1998, BOS acquired Pacific Information Systems, a rapidly growing, privately owned reseller of ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. , networking, and high-performance PC products headquartered in Portland, OR. The acquisition has provided a significant boost both to the Company's revenues as well as to the distribution capabilities for BOS products in North America. Current efforts at BOS are focused on web-based emulations, multi-platform electronic forms design and management, remote and local controller solutions, IP Telephony and other remote access products of the Lynk subsidiary, and the development of products which integrate the cutting edge software modem technology of Surf Communication Solutions Ltd., the company's affiliate. For more information, please contact Mr. Zvi Brandstein, VP Finance and CFO See Chief Financial Officer. , at Tel. +972-4-9907-505, zvikab@boscom.com, Ms. Yael Gako, Investor Relations Investor relations The process by which the corporation communicates with its investors. & Human Resources Manager, at Tel. +972-4-9907-588, ygasko@boscom.com or Mr. Imre Farakas, Manager of the Exchange Department of American Stock Transfer & Trust Company, at 718-921-8221. BOS Website: http://www.bosweb.com. 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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