Better On-line Solutions Ltd.'s Shares to be Traded on the Tel Aviv Stock Exchange from January 3, 2002.Business Editors TERADYON, Israel--(BUSINESS WIRE)--Dec. 31, 2001 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 beginning January 3, 2002, its shares will be traded on the Tel Aviv Stock Exchange Tel Aviv Stock Exchange Israel's only stock exchange. (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) ) as well. The TASE informed the Company that its shares will be traded in the Computer Section. "The Tel Aviv Stock Exchange listing will provide access to Israeli Institutions that are currently restricted from trading on foreign stock exchanges, as well as to other investors who trade on the TASE", stated Israel Gal, 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. of BOS. "In addition, the double listing in Nasdaq and TASE will provide a longer trade period per day for BOS' stock, as well as efficient and low-cost order execution for private Israeli investors," concluded Mr. Gal. About BOS - Better On-line Solutions BOS, through its IP Telephony products, specializes in delivering innovative telephony solutions for enterprises. The Company also develops, produces and markets solutions for IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) mid-range-to-PC and LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. connectivity, including Internet/intranet, emulation gateways, and GUI, as well as printing solutions that are operating-system independent. Pacinfo, a fully owned subsidiary, is an award-winning commercial VAR and e-commerce system solutions provider selling a wide range of network related products, and specializing in enterprise IT solutions. 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. , an affiliated company, develops and supplies software-based access solutions that are integrated into manufacturers' original equipment in the telecommunications, data communications, telephony and consumer electronics industries. 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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