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BOS Starts 2025 Growth Plans with a New $2.3 Million Defense Related Order

1. BOSC secured a $2.3 million order in defense sector. 2. Company aims to leverage increased global defense budgets. 3. BOSC expects more contracts throughout 2025. 4. Main customer reliance poses potential risk to future sales.

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FAQ

Why Bullish?

The new order signifies strong demand and market confidence. Such contracts can positively impact earnings guidance.

How important is it?

The contract showcases BOSC's market position and future growth potential. Increased defense spending boosts overall sector outlook, enhancing investor sentiment.

Why Short Term?

Immediate impact expected within 2025 as orders are fulfilled. Previous similar contracts often led to short-term stock price increases.

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February 03, 2025 08:00 ET  | Source: B.O.S. Better Online Solutions Ltd. RISHON LE ZION, Israel, Feb. 03, 2025 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC), an integrator of supply chain technologies, announced today that its Supply Chain division has secured a new $2.3 million order from one of its primary customers in the defense sector. The order is for delivery by the first half of year 2025. Avidan Zelicovski, BOS President, said: “BOS is increasingly recognized as a trusted partner to both our primary customers and their subcontractors worldwide. This newest contract award reflects our continued success in supporting our primary customer base and capitalizing on the substantially increased defense budgets. We expect to secure additional contracts throughout 2025 as we continue to expand our business activities and global defense spending continues to rise.” About BOS Better Online Solutions Ltd.BOS integrates cutting-edge technologies to streamline and enhance supply chain operations across three specialized divisions: Intelligent Robotics Division: Automates industrial and logistics inventory processes through advanced robotics technologies, improving efficiency and precision.RFID Division: Optimizes inventory management with state-of-the-art solutions for marking and tracking, ensuring real-time visibility and control.Supply Chain Division: Integrates franchised components directly into customer products, meeting their evolving needs for developing cutting-edge products. 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, 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 effect of the war against the Hamas and other terrorist organizations, the 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. For additional information, contact: Matt Kreps, Managing DirectorDarrow Associates+1-214-597-8200mkreps@darrowir.com Eyal Cohen, CEO+972-542525925 eyalc@boscom.com

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