B.O.S. Better On-line Solutions Announces New Strategic Alliance for its Electronic Forms Design and Management Software.Business Editors & High Tech Writers TERADYON, Israel--(BUSINESS WIRE)--Jan. 5, 2000 Distribution Contract Signed to Market BOSaNOVA PrintBoss With Oce Printers B.O.S. Better On-line Solutions (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) today announced that it has signed a distribution agreement for its BOSaNOVA PrintBoss electronic forms design and management software with ARZA, an Israeli importer of Oce printers. The agreement signals a new phase in the roll-out of BOS' multi-platform software, BOSaNOVA PrintBoss, which transparently intercepts print jobs and applies graphic formatting resulting in attractive, customized forms, reports, labels, faxes and checks. Since the introduction of the product in Q3 1999, the majority of sales have been registered to end users and local Israeli software houses. The new distribution agreement, however, accentuates the existence of an additional revenue channel for BOSaNOVA PrintBoss - that of OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and component in internationally-distributed products, such as industrial printers. ARZA has been providing printing solutions in the Israeli market since signing an international distribution agreement with the Dutch printer manufacturer Oce in 1947. The company specializes in digital printing, selling and servicing Oce equipment to thousands of satisfied customers country-wide country-wide country adj, adv → landesweit country-wide adj → diffuso/a in tutto il paese adv → in tutto il paese . As per the terms of the agreement, all printing solutions ARZA provides to printers and service bureaus will henceforth From this time forward. The term henceforth, when used in a legal document, statute, or other legal instrument, indicates that something will commence from the present time to the future, to the exclusion of the past. include BOSaNOVA PrintBoss. "The agreement with BOS provides us with a distinct advantage in the printing solutions market," claimed ARZA CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Dan Ottolanghi. "The combination of BOSaNOVA PrintBoss' design and routing capabilities, coupled with the speed and high quality associated with Oce printers, will provide our customers with an aesthetic yet cost-effective cost-effective, n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate. solution for their direct mail campaigns." "ARZA is a local company that represents an international corporation," stated Israel Gal, CEO of BOS. "Launching the distribution agreement in our home market enhances our efforts to realize the worldwide potential for BOSaNOVA PrintBoss as an OEM component integrated with hardware, as in the case of the ARZA partnership." About B.O.S. Better On-line Solutions B.O.S. creates innovative and powerful connectivity and printing solutions. 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. Current efforts at B.O.S. are focused on modernizing the AS/400 environment with products that provide Web-based emulation (architecture) emulation - When one system performs in exactly the same way as another, though perhaps not at the same speed. A typical example would be emulation of one computer by (a program running on) another. , platform-independent electronic forms design and management, and local and remote controller solutions. Lynk, a B.O.S. subsidiary, continues to enhance its 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 by integrating "Click & Talk" technology into e-Business applications. In the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , B.O.S. operates through its wholly-owned subsidiary, B.O.S. USA, with headquarters in Scottsdale, Arizona Scottsdale (O'odham Vaṣai S-vaṣonĭ) is a city in Maricopa County, Arizona, United States, adjacent to Phoenix. Scottsdale has become internationally recognized as a premier and posh tourist destination, while maintaining its own identity and culture as " . B.O.S. became a public company in April 1996; its stock is traded on the NASDAQ stock exchange under the symbol BOSC. More information on B.O.S. and its products can be found on the World Wide Web at www.bosweb.com. The forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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. B.O.S. USA Better On-Line Solutions 7762 East Gray Road, Suite 300 Scottsdale, AZ 85260 U.S.A. Tel +1-480/596-8332 Fax +1-480/596-8322 www.bosweb.com |
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