BOS Secures Orders for Two New Robotic Packing and Palletizing Systems from Food Manufacturing Customers in Israel
Rhea-AI Summary
BOS Better Online Solutions (NASDAQ: BOSC) has secured orders worth $270,000 from two food manufacturing customers in Israel for automated end-of-line systems. The orders involve the implementation of robotic packing and palletizing systems that combine BOS's RFID and Intelligent Robotics divisions' capabilities.
The systems will automate critical tasks including carton erection, robotic label printing and attachment, box sealing, and robotic arm palletizing for bulk shipment. CEO Eyal Cohen highlighted that these solutions address production bottlenecks and labor challenges in end-of-line processes. Both customers operate multiple sites, potentially leading to additional implementation opportunities.
Positive
- Secured new orders worth $270,000 for automated end-of-line systems
- Potential for additional orders from the same customers' multiple sites
- Strategic integration of RFID and Intelligent Robotics divisions showcasing cross-selling capabilities
Negative
- None.
News Market Reaction – BOSC
On the day this news was published, BOSC gained 2.58%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
RISHON LE ZION, Israel, May 12, 2025 (GLOBE NEWSWIRE) -- BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC), an integrator of supply chain technologies, is pleased to announce that it has secured new orders from two food manufacturing customers for automated end-of-line systems.
The orders, which will be installed at manufacturing sites in Israel and represent a combined value of approximately
The systems leverage BOS’s expertise in end-of-line automation for critical yet repetitive tasks such as automatic carton erection, robotic enabled printing and attaching of labels, automatic box sealing and robotic arm palletizing of boxes for bulk shipment.
Eyal Cohen, CEO of BOS, stated, “End-of-line processes are a major bottleneck in production and often involve extensive manual labor. Automating these processes is crucial as manufacturers seek to increase capacity and reliability, especially in regions where workforce availability may be limited.
“Each of these orders is from a customer with multiple sites, which we hope will lead to additional opportunities to implement these same end-of-line solutions to enhance operating efficiency and reduce costs in their other facilities.”
BOS will report its first quarter 2025 results on May 29, 2025.
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 innovative solutions.
For more information on BOS Better Online Solutions Ltd., visit 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, changes in trade policies and tariffs, the uncertainty of BOS being able to maintain current gross profit margins, inability to keep up with 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 parties in the region, 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 Director
Darrow Associates
+1-214-597-8200
mkreps@darrowir.com
Eyal Cohen, CEO
+972-542525925
eyalc@boscom.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d18ba59c-1adf-4773-911b-bae9456c2a5b
FAQ
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