BOS Expects to generate Revenues from this RFID Server and Controller in 2008
RISHON LEZION, Israel, Aug. 13 / - B.O.S. Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ:BOSC), announced today that it has entered into a strategic partnership agreement with Galbital RFID Solutions Ltd. ("Galbital") for the joint launch of an RFID Middleware Server and Controller.
The RFID Middleware Server and Controller shall provide enterprises with a combined software and hardware solution. This Server and Controller will enable the organization's ERP application to implement a variety of RFID equipment and transfer the information (data) to the application, in either an Online or Batch mode, without need for customization.
The BOS-Galbital RFID Middleware Server and Controller will be based on two layers:
o The Edge control layer with APIs (Application Programming Interfaces)
to various types of readers; and
o The Server layer with Online and Batch APIs to the applications.
Shmuel Koren, BOS's President & CEO, said: "This joint venture is another step in the continuing implementation of our strategic plan and we anticipate that it shall have high synergy with our current M & A targets. The BOS- Galbital joint venture is expected to generate revenues already in 2008."
Mr. Shai Sade, BOS's Senior VP and Head of Software Division added: BOS's special expertise in developing a variety of complementary Enterprise add-ons together with Galbital's capabilities in RFID integration projects, create a unique platform to provide the enterprise market with a quick and useful RFID Server Solution.
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
Mr. Eyal Cohen, CFO,
Galbital RFID Solutions Ltd. ("Galbital") is an RFID Integrator and Solutions provider offering a wide range of RFID solutions. Galbital provides RFID solutions for industry processes, supply chain management procedures and for Real-Time Location. Galbital develops new applications responding to emerging market needs.
Source: B.O.S. Better Online Solutions Ltd.
Web site: www.boscorporate.com/