RISHON LEZION, Israel, September 5, 2007 /PRNewswire-FirstCall/-B.O.S. Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ:BOSC; TASE: BOSC), announced today that its subsidiary, Odem Technologies 1992 Ltd. ("Odem"), received new orders for CCD (charge-coupled device) cameras for over 0.5 million dollars which will be supplied in 2007.
The customer is an Israeli hi-tech company.
Avidan Zelichovski, Odem's CEO and Head of BOS RFID & Electronic components Division commented:
“These orders for the CCD camera reflect our efforts to expand our product offerings to our existing customers. We expect to increase our presence in this market as we continue to offer new designs of the CCD camera”.
Shmuel Koren, BOS President and CEO added:
“This new order, placed by a strategic customer, is another important step in the strengthening of our relationship with our customers. We look forward to further leveraging our ability to expand our product offerings to existing and new customers.”
B.O.S Better Online Solutions Ltd. (“BOS”) was established in 1990.
BOS's operations consist of: Software Solutions, providing specialized enterprise software, including IBM System i middleware, data and license management, mobile connectivity and RFID solutions and, of Supply Chain products, reselling electronic systems and components for security, aerospace, networking and RFID.
BOS is traded on NASDAQ and on the Tel-Aviv stock exchange. Our website is www.boscorporate.com.
For further information please contact:
B.O.S Better Online Solutions Ltd.
Mr. Zvi Rabin +972 50-560-0140
Mr. Eyal Cohen, CFO, +972-3-954-100
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 few major customers, the uncertainty of our 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; 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.