BOS Received Orders for the Supply of RFID Tags to European Customers in an Amount Exceeding $U.S. 600,000.The Orders Will Be Supplied in 2008 RISHON LEZION Rishon LeZion (Hebrew: ראשון לציון, lit. first to Zion), is a city on Israel's central coastal plain, south of Tel Aviv. , Israel -- B.O.S. Better Online Solutions Ltd. ("BOS" or the "Company") (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) (TASE TASE Tel Aviv Stock Exchange TASE The All Seeing Eye TASE Tactical Air Support Element TASE Thrust Assessment Support Environment TASE Telecontrol Application Service Elements (IEC communications protocol) :BOSC), a leading provider of comprehensive Mobile and RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. solutions for the enterprise and of Supply Chain Solutions, announced today that its subsidiary, Odem Technologies (1992) Ltd. ("Odem"), received new orders in an amount exceeding $ U.S. 600,000 from existing European customers in the waste management industry and from new customers in other segments in the RFID manufacturing industry for the sale of RFID Tags An electronic identification device that is made up of a chip and antenna. For reusable applications, it is typically embedded in a plastic housing, and for tracking shipments, it is usually part of a "smart" packaging label. . Shmuel Koren, BOS's President and 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. , said: "These orders reflect our group's ongoing and developing relationship with new customers in new fields, and demonstrates our ability to penetrate the European market with sales of excellent products and service." Avidan Zelicovsky, Odem's CEO, added: "We are very pleased with these new orders, which reflect the continuing positive momentum that we are experiencing in our business. We are focusing on further identifying new opportunities in the global markets." About BOS B.O.S Better Online Solutions Ltd. ("BOS") was established in 1990. BOS's operations consist of: [TABLE OMITTED] BOS is traded on NASDAQ and on the Tel-Aviv stock exchange. Our website is www.boscorporate.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. These risk factors and uncertainties include, amongst others, the dependency of sales being generated from one or few major customers, the uncertainty of our being able to maintain current gross profit margins Gross profit margin Gross profit divided by sales, which is equal to each sales dollar left over after paying for the cost of goods sold. gross profit margin A measure calculated by dividing gross profit by net sales. , 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; and additional risks and uncertainties detailed in BOS's periodic reports and registration statements filed with the U.S. Securities 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. |
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