BOS’ Intelligent Robotics Division Receives a $565,000 Follow-on Order from an Israeli Strategic Customer
30 Décembre 2022 - 2:00PM
BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ:
BOSC) announced today that its Intelligent Robotics Division has
received an order of $565,000 from an Israeli strategic defense
sector customer.
Eyal Cohen, BOS' CEO, stated: "This follow-on order
further validates our focus on sales to customers with extensive
ongoing automation needs. This defense sector customer is
transitioning to automated manufacturing, and we expect it will
place additional significant orders in the future."
About BOS
BOS provides services and systems for inventory
production and management in three channels:
- Services – The Supply Chain
division provides inventory procurement and kitting.
- Integration – the RFID division
provides off-the-shelf software and equipment to track and manage
inventory in the production floor and warehouse.
- Development – the Intelligent
Robotics division develops and builds custom-made robotic cells for
industrial and logistic processes.
Contact: Eyal Cohen, CEO+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, failure to successfully integrate and achieve
the potential benefits of the acquisition of the business
operations of Imdecol Ltd. (the Robotics business line) and Dagesh
Inventory Counting and Maintenance Ltd., 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, the impact of the COVID-19 virus 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 US 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.
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