RISHON LEZION, Israel, June 07, 2018 (GLOBE NEWSWIRE) -- B.O.S. Better Online Solutions Ltd. ("BOS" or the
"Company") (NASDAQ:BOSC), a leading Israeli integrator of RFID and Mobile solutions and a global provider of Supply Chain solutions
to enterprises, announced today that its RFID and Mobile Division completed delivery of an order for a mobile system for Brink’s
Israel Ltd.
Brink’s Israel Ltd. is a subsidiary of The Brink’s Company, the global leader in cash management, secure
logistics and security solutions. Customers include financial institutions, retailers, government agencies, mints, jewelers
and other commercial operations.
Itai Ziman, Brink’s Israel VP of Information System, commented, "BOS offered to Brink’s an advanced mobile
solution that will significantly increase our field work force efficiency. In addition, BOS is very experienced in providing
ongoing post-sales support for some of the largest organizations in Israel and we look forward to working closely with BOS as we
implement the enhanced solution across our company.”
Yuval Viner, BOS' Co-CEO, stated: "I am pleased that we were selected by Brink’s Israel as a provider to such an
important project and I welcome Brink’s to join BOS as a top tier customer in the Israeli market."
About BOS
B.O.S. Better Online Solutions Ltd. (BOSC) is a leading Israeli provider of RFID and Mobile solutions and a
global provider of Supply Chain solutions to enterprises. BOS' RFID and Mobile division offers both turnkey integration services as
well as stand-alone products, including best-of-breed RFID and AIDC hardware and communications equipment, BOS middleware and
industry-specific software applications. The Company's Supply Chain division provides electronic components consolidation services
to the aerospace, defense, medical and telecommunications industries as well as to enterprise customers worldwide. For more
information, please visit: www.boscorporate.com.
For more information:
Investor Relations Contact:
John Nesbett/Jennifer Belodeau
Institutional Marketing Services (IMS)
(203) 972-9200
jnesbett@institutionalms.com
|
|
|
|
Company Contact:
Eyal Cohen, CO-CEO & CFO
B.O.S Better Online Solutions Ltd.
+972-542525925
eyalc@boscom.com
|
|
|
|
|
|
Safe Harbor Regarding Forward-Looking Statements
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 BOS 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, the effect of exchange rate fluctuations, general worldwide economic conditions and continued availability of financing for
working capital purposes and to refinance outstanding indebtedness ; and additional risks and uncertainties detailed in BOS'
periodic reports and registration statements filed with the U.S. Securities and 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.