BOS’ RFID Division Receives an Order within the quantity of $330,000

RISHON LE ZION, Israel, Might 23, 2022 (GLOBE NEWSWIRE) — BOS Higher On-line Options Ltd. (“BOS” or the “Firm”) (NASDAQ: BOSC) introduced immediately that its RFID Division has acquired an order for an quantity of $330,000 from an Israeli defense-industry buyer.

Uzi Parizat, VP of gross sales and advertising and marketing of the RFID Division, acknowledged: “This can be a important order for warehouse administration software program and cell tools for tracing stock. The order is for supply via the yr 2023”.

Eyal Cohen, BOS’ CEO, acknowledged: “I’m very happy that this buyer of our Provide Chain division has now positioned an order with our RFID division. Sooner or later, we hope to have the ability to present this buyer additionally with the custom-made robotic techniques of our Clever Robotics division.”

About BOS

BOS gives providers and techniques for stock manufacturing and administration in three channels:

  • Providers – The Provide Chain division gives stock procurement and kitting.
  • Integration – the RFID division gives off-the-shelf software program and tools to trace and handle stock within the manufacturing flooring and warehouse.
  • Improvement – the Clever Robotics division develops and builds custom-made robotic cells for the economic and logistic processes.

Secure Harbor Concerning Ahead-Trying Statements

The forward-looking statements contained herein mirror administration’s present views with respect to future occasions and monetary efficiency. These forward-looking statements are topic to sure dangers and uncertainties that might trigger the precise outcomes to vary materially from these within the forward-looking statements, all of that are troublesome to foretell and plenty of of that are past the management of BOS. These danger elements and uncertainties embody, amongst others, the dependency of gross sales being generated from one or few main clients, the uncertainty of BOS having the ability to keep present gross revenue margins, incapability to maintain up or forward of know-how and to achieve a extremely aggressive {industry}, failure to efficiently combine and obtain the potential advantages of the acquisition of the enterprise operations of Imdecol Ltd. (the Robotics enterprise line) and Dagesh Stock Counting and Upkeep Ltd., incapability to keep up advertising and marketing and distribution preparations and to develop our abroad markets, uncertainty with respect to the prospects of authorized claims towards BOS, the impact of alternate fee fluctuations, common worldwide financial circumstances, the influence of the COVID-19 virus and continued availability of financing for working capital functions and to refinance excellent indebtedness; and extra dangers and uncertainties detailed in BOS’ periodic studies and registration statements filed with the US Securities and Trade Fee. BOS undertakes no obligation to publicly replace or revise any such forward-looking statements to mirror any change in its expectations or in occasions, circumstances or circumstances on which any such statements could also be based mostly, or that will have an effect on the probability that precise outcomes will differ from these set forth within the forward-looking statements.

Keep related with us on social media platform for on the spot replace click on right here to affix our  Twitter, & Fb