BOS CEO Shmuel Koren Discusses Growth of RFID Applications in Interview in the Wall...

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Tue Sep 2, 2008 8:43am EDT

BOS CEO Shmuel Koren Discusses Growth of RFID Applications in Interview in the Wall Street Transcript

RISHON LEZION, Israel--(Business Wire)--
B.O.S. Better Online Solutions Ltd. ("BOS" or the "Company")
(NASDAQ:BOSC) (TASE:BOSC), a leading provider of comprehensive Mobile
and RFID Solutions and Supply Chain Solutions, announced today that
the Company's President and CEO, Shmuel Koren, in an interview in The
Wall Street Transcript (TWST), discusses future trends and growth in
the RFID market. BOS is a leader in this sector with solutions which
work in parallel with both bar code and RFID.

   Shmuel stated, "The trend today -- and this is very important --
is that the RFID market is going to grow rapidly in the next five to
six years. According to market research, the market is going to triple
itself in the next couple of years. What's pushing the market to
increase continues to be a sharp decline in RFID tag's pricing as well
as regulation. What we mean by regulation, is that the FDA, the FAA,
and other regulatory institutions have already approved implementation
of RFID systems in hospitals and in aircrafts and in other government
facilities. In addition, companies are required to start using RFID
technology in order to control and monitor different processes in the
organization to get better results. So, these, I think, are the three
major trends that push the market to increase the use of RFID. We want
to be part of this ballpark."

   A copy of the interview may be viewed at the Company's website at:
www.boscorporate.com.

   To receive a copy of the interview you may also contact Leslie
Wolf-Creutzfeldt at lwolf-creutzfeldt@hfgcg.com.

   About BOS

   B.O.S. Better Online Solutions Ltd. ("BOS") was established in
1990.

   BOS's operations consist of:

-0-
*T
(i)  Fully integrated Mobile and RFID Solutions that are offered
      either as stand alone products or as full Solutions combined of:

     (a) Hardware Devices - A Mobile and RFID Infrastructure with an
      automatic identification and data collection equipment based on
      RFID and barcode technology; and

     (b) Middleware - A variety of proprietary Servers intended to
      receive data from Hardware, process it and transfer it to the
      Software Applications; and

     (c) Software Applications - pointAct application platform for
      implementation of various business organizational processes.

(ii) Supply Chain Solutions - reselling electronic systems and
      components for security, and aerospace manufacturers.
*T

   BOS is traded on NASDAQ and on the Tel-Aviv stock exchange. Our
website is www.boscorporate.com.

   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 our 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;
and additional risks and uncertainties detailed in BOS's periodic
reports and registration statements filed with the U.S. Securities
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.

B.O.S. Better Online Solutions Ltd.
Mr. Eyal Cohen, CFO, +972-3-954-1000
eyalc@boscom.com
or
Kwan Communications
Mr. Zvi Rabin, +972 50-560-0140
(Israeli Investor Relations)
zvi@kwan.co.il
or
Grayling Global
Ms. Leslie Wolf-Creutzfeldt, +1-646-284-9472
(U.S. Investor Relations)
lwolf-creutzfeldt@hfgcg.com

Copyright Business Wire 2008
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