Better Online Solutions Explained

B.O.S. Better Online Solutions Ltd.
Type:Public
Traded As:NASDAQ:
Founder:Israel Gal
Location City:Rishon LeZion
Location Country:Israel
Industry:Technology
Services:Information technology services
Revenue: US$ 33.187 million (2010)
Operating Income: US$ 1.257 million (2010)
Net Income: US$ –0.635 million (2010)
Footnotes:[1]

B.O.S. Better Online Solutions Ltd. is a publicly traded company, headquartered in Israel, that provides RFID and supply chain solutions. Its shares are traded on the NASDAQ Capital Market.

Company

B.O.S. Better Online Solutions specializes in RFID solutions as a more efficient alternative to the traditional barcode object identification method.[2] In an interview with The Wall Street Transcript in 2008, president Shmuel Koren commented that the use of RFID is expected to expand rapidly as the cost of RFID tagging declines, regulatory institutions increasingly approve RFID technology, and companies recognize the potential of RFID to increase efficiency.[3]

B.O.S. clients have included Unilever, Otto, IKEA, and Israel's Ministry of Agriculture.[4] [5] [6] [7] In 2011 B.O.S. was awarded Frost & Sullivan's Entrepreneurial Company of the Year award.[8]

Subsidiaries

Products

History

B.O.S. Better Online Solutions was founded in 1990 by Israel (Izzy) Gal after he left IIS (Intelligent Information Systems, LTD., an Israeli company where Gal worked as a product manager for AS/400 related products. In its early years B.O.S. specialized in twinax terminal emulation software.[14] [15] In 2009 B.O.S. sold the rights to its e-Twinax Controller, a controller providing TCP/IP compatibility with older twinax devices without the use of SNA, to Phoenix-based 10ZiG Technology.[16] [17] In 2010 B.O.S. closed its two U.S. supply chain subsidiaries (formerly Summit Radio Corp.) due to turbulence in the executive jet market.[18] [19]

In 1996 B.O.S. began trading on what was then the Nasdaq SmallCap Market (today the Nasdaq Capital Market), and in 2000 the company's shares were upgraded to the Nasdaq National Market.[20] Between 2002 and 2009 B.O.S. shares were listed on the Tel Aviv Stock Exchange.[21] [22] In 2009 B.O.S.'s shares were transferred to the Nasdaq Capital Market.[23]

In 2004 Adiv Baruch replaced founder Israel Gal as CEO of the company.[24] In 2006, Baruch was replaced by Shmuel Koren.[25] Koren resigned in 2008 and was succeeded by Shalom Daskal.[26] Daskal left the company in 2009, his place taken by Yuval Viner.[27] Viner has been CEO of the company since 2009.

Acquisitions

CompanyYearPriceReference
Pacific Information Systems$12.4 million
Odem Electronic Technologies 1992 Ltd.$4.8 million
Summit Radio Corp.$5.5 million
Dimex Systems Ltd.$12.2 million

See also

Notes and References

  1. Web site: BOSC Income Statement. Yahoo! Finance. 3 November 2011. 2011.
  2. News: בי.או.אס סיכמה על הסכם מסגרת עם פוטנציאל הכנסות של 25 מיליון דולר ל-5 שנים B.O.S. entered into master agreement with $25 million potential for five years . https://archive.today/20120903151840/http://www.globes.co.il/news/article.aspx?did=1000346587 . dead . 3 September 2012 . 3 November 2011 . . 28 May 2008 . Hebrew . בי.או.אס מספקת פתרונות RFID - טכנולוגיה המהווה תחליף לבר-קוד, וכן פתרונות שרשרת אספקה (Supply Chain). .
  3. News: BOS CEO Shmuel Koren Discusses Growth of RFID Applications in [Interview in the Wall Street Transcript]. 3 November 2011. Bloomberg. 2 September 2008. Business Wire. Rishon LeZion, Israel.
  4. News: B.O.S. Better Online Solutions Ltd. Announces Implementation of Wireless and RF System for Unilever. https://web.archive.org/web/20120404130625/http://www.rfidjournal.com/article/print/7202. dead. April 4, 2012. 3 November 2011. GlobeNewswire. 29 July 2009. Rishon LeZion.
  5. News: B.O.S. Better Online Solutions Ltd. ("BOS") Announces Sale of Waste Management System Including 1 Million RFID Tags . 3 November 2011 . . 21 May 2009 . . .
  6. News: B.O.S. Better Online Solutions Delivers Logistics Management Solution for IKEA Israel. https://archive.today/20130201063151/http://www.reuters.com/article/2010/12/22/idUS109509+22-Dec-2010+GNW20101222. dead. February 1, 2013. 3 November 2011. Reuters. 22 December 2010. Globe Newswire. Rishon LeZion, Israel.
  7. Web site: B.O.S. Better Online Solutions Ltd. Supplies Over One Million Animal ID Tags To Track Israel's Sheep And Goats. Globe Newswire. RFID Solutions Online. 3 November 2011. Rishon LeZion, Israel. 11 May 2010.
  8. News: Frost & Sullivan Awards B.O.S. 'Entrepreneurial Company of the Year' in Automatic Identification Data Capture and RFID . 3 November 2011 . BioPortfolio . 7 March 2011 . . . dead . https://web.archive.org/web/20120407041902/http://www.bioportfolio.com/news/article/512040/Frost-Sullivan-Awards-B-o-s-entrepreneurial-Company-Of-The-Year-In.html . 7 April 2012 .
  9. News: Odem Technologies Ltd. a Member of the BOS group Expanded Its Long Term Supply Agreement with the Israel Aircraft Industry (IAI) by Approximately $2M. 3 November 2011. TheFreeLibrary.com. 13 December 2005. Business Wire. Rishon LeZion. 5 March 2016. https://web.archive.org/web/20160305043555/http://www.thefreelibrary.com/Odem+Technologies+Ltd.+a+Member+of+the+BOS+group+Expanded+Its+Long...-a0139715444. dead.
  10. Web site: BOS Received Orders For The Supply Of RFID Tags To European Customers In An Amount Exceeding $U.S. 600,000. RFID Solutions Online. 3 November 2011. 3 April 2008.
  11. News: B.O.S. Better Online Solutions Provides Flexible Stock Counting Software for Brill Shoe Industries . 3 November 2011 . BioPortfolio . 18 January 2011 . . . dead . https://web.archive.org/web/20120407041914/http://www.bioportfolio.com/news/article/402482/B-o-s-Better-Online-Solutions-Provides-Flexible-Stock-Counting-Software-For.html . 7 April 2012 .
  12. News: Swedberg. Claire. With RFID, Pork Producer Sells No Swine Before Its Time. https://web.archive.org/web/20120404130715/http://www.rfidjournal.com/article/view/5147/1. dead. April 4, 2012. 3 November 2011. RFID Journal. 18 April 2009.
  13. News: Krieger. Matthew. TechWatch: Local micro-cap firms continue to outclass international competition. 3 November 2011. The Jerusalem Post. 30 July 2009.
  14. News: Schulman. Sophie. 'השנתיים בהן ורטהיים ודוברת היו בדירקטוריון בי.או.אס - הגרועות בתולדותיה'. 3 November 2011. TheMarker. 4 September 2002. Hebrew. 'The two years during which Wertheim and Dovrat were on the board of B.O.S. – the worst in its history. אתמול מינתה בי.או.אס את ישראל גל, מייסד החברה, לתפקיד המנכ"ל..
  15. Morgan . Timothy Prickett . Vendor Snapshot: B.O.S. Stays Connected to the IBM Midrange . Midrange Stuff . 5 November 2002 . 2 . 41 . 3 November 2011 . Alex . Woodie . IT Jungle . dead . https://web.archive.org/web/20111218114240/http://www.itjungle.com/mso/mso110502-story04.html . 18 December 2011 .
  16. Woodie . Alex . End of AnyNet Support is Good News for 10ZiG's e-Twinax Controller . Four Hundred Stuff . 10 April 2010 . 10 . 15 . 3 November 2011 . Alex . Woodie . IT Jungle . dead . https://web.archive.org/web/20111205161349/http://www.itjungle.com/fhs/fhs042010-story04.html . 5 December 2011 .
  17. Woodie . Alex . 10ZiG Acquires BOSaNOVA System i Connectivity Products . Four Hundred Stuff . 8 December 2009 . 9 . 44 . 3 November 2011 . Alex . Woodie . IT Jungle . dead . https://web.archive.org/web/20111205160901/http://www.itjungle.com/fhs/fhs120809-story05.html . 5 December 2011 .
  18. News: Habib-Valdhorn . Shiri . RFID co BOS closes US operations . https://archive.today/20120731044513/http://www.globes.co.il/serveen/globes/docview.asp?did=1000603511&fid=1725 . dead . 31 July 2012 . 3 November 2011 . . 24 November 2010 .
  19. News: Habib-Valdhorn . Shiri . BOS סוגרת החברה הבת ותרשום מחיקה של 660 אלף דולר . 3 November 2011 . . 24 November 2010 . Hebrew . BOS shuts down subsidiary and will write off $660K . שלוש שנים אחרי ששילמה כ-5.5 מיליון דולר על רכישת Summit Radio מארה"ב, BOS סוגרת את פעילות החברה. . dead . https://web.archive.org/web/20160304201826/http://www.globes.co.il/news/article.aspx?did=1000603531 . 4 March 2016 .
  20. News: Nasdaq Approves B.O.S. -- Better On-line SolutionsLtd. Listing in National Market. 3 November 2011. AllBusiness.com. 13 September 2000. Business Wire. Teradyon, Israel.
  21. Web site: שתי חברות נוספות הצטרפו לרישום הכפול . Association of Publicly Traded Companies . 3 November 2011 . Hebrew . Two more companies join dual listing . Spring 2000 . שתי חברות נוספות הצטרפו לאחרונה לרישום הכפול בבורסה בת"א. המדובר בחברת בי.או.אס (בטר-אונליין-סולושנס) וחברת קומפיוג'ן. . dead . https://web.archive.org/web/20120425132714/http://www.e-good.org.il/publications/press.asp?catID=21&ID=97 . 25 April 2012 .
  22. Web site: סקירה שנתית 2009. Tel Aviv Stock Exchange. 3 November 2011. Hebrew. 2009 Year in Review. January 2010. אלדין נמחקה מהמסחר בת"א ומהמסחר בנאסד"ק, בעקבות מיזוגה ב"קרן וקטור", לידקום נמחקה מהמסחר בלונדון, החברות – רדוור, בי.או.אס ורדקום, הנסחרות בנאסד"ק, נמחקו מהמסחר בתל-אביב.. https://web.archive.org/web/20110913013944/http://www.tase.co.il/TASE/Statistics/ResearchReviews/2009/Research_2009_12_150315.htm. 13 September 2011. dead. dmy-all.
  23. News: B.O.S. Transfers to the Nasdaq Capital Market . 3 November 2011 . . 15 October 2009 . . .
  24. News: B.O.S. Better On-line Solutions Ltd. Announces Nomination of a New CEO and President. 3 November 2011. TheFreeLibrary.com. 3 December 2003. Business Wire. Teradyon, Israel. 5 March 2016. https://web.archive.org/web/20160305013917/http://www.thefreelibrary.com/B.O.S.+Better+On-line+Solutions+Ltd.+Announces+Nomination+of+a+New...-a0110784875. dead.
  25. News: שמוליק קורן, מנכ"ל בי.או.אס: 'פעם דיברנו רק על פוטנציאל - היום החברה סולידית עם ביזנס רווחי' . 3 November 2011 . . Hebrew . Shmulik Koren, CEO of B.O.S: 'Once was spoke only of potential – today the company is solid with a profitable business . dead . https://web.archive.org/web/20160305014210/http://www.globes.co.il/news/article.aspx?did=1000271252 . 5 March 2016 .
  26. News: Bos CEO resigns, names new CEO. 3 November 2011. Forbes. 19 November 2008. Reuters.
  27. News: BOS Announces the Appointment of Yuval Viner as Acting CEO and of Avidan Zelicovsky as Acting President. 3 November 2011. Globe Newswire. 20 October 2009. Rishon LeZion.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Better Online Solutions".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.