Better Online Solutions

Better Online Solutions, commonly abbreviated as B.O.S. or BOS, is an Israeli technology company that provides radio-frequency identification (RFID), automatic data-collection, inventory-management, and broader supply-chain solutions. The company was founded in 1990 by Israel, or Izzy, Gal, after he left Intelligent Information Systems Ltd., where he had worked as a product manager focused on IBM AS/400-related products. In its early years, BOS was primarily a software company, specializing in twinax terminal-emulation products used to connect older enterprise systems and devices. The company later developed a broader technology portfolio centered on identification, traceability, and operational control. Its RFID activities position radio-frequency identification as a more automated alternative to traditional barcode-based object identification. RFID can allow tagged items to be identified without direct line of sight, supporting applications such as inventory visibility, asset tracking, production monitoring, livestock management, and waste collection. BOS has also supplied automatic data-collection products and electronic components through subsidiaries including Dimex Systems and Odem Electronic Technologies. BOS's software and systems portfolio has included BOS ID, an inventory-management platform; BOSwine, an RFID-based system for monitoring the health and productivity of sows and piglets; and BOSWaste, a waste-management system designed to track collections and help oversee waste-management contractors. The company has served or reported customers and institutional users including Unilever, Otto, IKEA, Israel's Ministry of Agriculture, Israel Aircraft Industries, and Hollandia International. These references reflect the company's focus on enterprise, industrial, logistics, agricultural, and public-sector applications rather than consumer-facing technology. BOS has undergone several strategic and management changes during its history. It sold the rights to its e-Twinax Controller product to 10ZiG Technology in 2009, reflecting a move away from some of its legacy connectivity products. In 2010 it closed two U.S. supply-chain subsidiaries, formerly associated with Summit Radio Corp., citing difficult conditions in the executive-jet market. The company also experienced repeated chief-executive changes: founder Israel Gal was succeeded by Adiv Baruch in 2004, Shmuel Koren replaced Baruch in 2006, Shalom Daskal succeeded Koren in 2008, and Yuval Viner became chief executive in 2009. BOS became publicly traded on the Nasdaq SmallCap Market in 1996, later moved to the Nasdaq National Market in 2000, and subsequently traded on the Nasdaq Capital Market. Its shares were also listed on the Tel Aviv Stock Exchange from 2002 through 2009. In 2011, the company received Frost & Sullivan's Entrepreneurial Company of the Year award. In a 2008 interview, then-president Shmuel Koren argued that RFID adoption would expand as tag costs declined, regulators became more receptive, and businesses recognized the efficiency gains available from improved tracking and identification. BOS's documented business therefore sits at the intersection of enterprise software, industrial identification, logistics technology, and supply-chain optimization.

Better Online Solutions was established in Israel in 1990 by Israel (Izzy) Gal. Before founding the company, Gal worked at Intelligent Information Systems Ltd. as a product manager responsible for AS/400-related products. BOS initially concentrated on twinax terminal-emulation software and related enterprise-connectivity products. Twinax technology was used to connect terminals and peripherals to IBM midrange systems, and BOS's early business addressed the need to integrate those environments with newer networking technologies. The company's public-market history began in 1996, when its shares started trading on the Nasdaq SmallCap Market. In 2000, the shares were upgraded to the Nasdaq National Market. BOS was also listed on the Tel Aviv Stock Exchange from 2002 until 2009. In 2009, its Nasdaq listing was transferred to the Nasdaq Capital Market. These listings gave the company access to public capital markets while it expanded beyond its original software niche. Management changed several times during the 2000s. Adiv Baruch replaced founder Israel Gal as chief executive in 2004. Baruch was replaced by Shmuel Koren in 2006. Koren resigned in 2008 and was succeeded by Shalom Daskal. Daskal left in 2009, after which Yuval Viner became chief executive. In a 2008 interview with The Wall Street Transcript, Koren described RFID as a technology with significant growth potential. He pointed to declining tag costs, broader regulatory approval, and increasing recognition among companies that RFID could improve efficiency. During this period, BOS developed RFID and supply-chain activities as an increasingly important part of its business. The company's approach was based on using electronic identification and data capture to improve visibility over inventory, assets, products, livestock, and waste flows. It reported customers and users in several sectors, including global consumer-goods and retail companies such as Unilever, Otto, and IKEA, as well as Israel's Ministry of Agriculture. Through Dimex Systems, BOS supplied automatic data-collection solutions. Through Odem Electronic Technologies, it supplied electronic components to customers that included Israel Aircraft Industries and Hollandia International. BOS also rationalized parts of its older product portfolio. In 2009 it sold the rights to its e-Twinax Controller to 10ZiG Technology. The product provided TCP/IP compatibility for older twinax installations without relying on SNA, and the transaction indicated that BOS was willing to transfer legacy connectivity assets while focusing resources on other activities. In 2010, the company closed two U.S. supply-chain subsidiaries, formerly known as Summit Radio Corp. The closures were associated with turbulence in the executive-jet market, an end market relevant to those operations. The company's named products illustrate its later specialization. BOS ID was an inventory-management software platform. BOSwine used RFID tagging to monitor the health and productivity of sows and piglets. BOSWaste applied RFID to waste-management operations by tracking waste collection and helping control subcontracted service providers. Together, these systems show BOS's emphasis on operational traceability rather than general-purpose consumer software. In 2011, Frost & Sullivan awarded BOS its Entrepreneurial Company of the Year distinction. The award was a notable external recognition of the company's entrepreneurial activity in RFID and related supply-chain technologies. The available reference material does not provide a complete current operating profile, subsequent ownership history, or a detailed account of later products and executives. Accordingly, the historical record is strongest for BOS's founding, public listings, management succession, RFID portfolio, subsidiary activities, and the strategic changes documented between 2009 and 2011.

1. 2011Frost & Sullivan award

   Frost & Sullivan named BOS its Entrepreneurial Company of the Year.

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2. 2010U.S. supply-chain subsidiaries closed

   BOS closed two U.S. supply-chain subsidiaries, formerly associated with Summit Radio Corp., amid weakness in the executive-jet market.

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3. 2009e-Twinax Controller rights sold

   BOS sold the rights to its e-Twinax Controller to 10ZiG Technology.

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4. 2009Nasdaq Capital Market transfer

   The company's shares were transferred to the Nasdaq Capital Market.

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5. 2009Yuval Viner becomes CEO

   After Shalom Daskal left the company, Yuval Viner became chief executive.

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6. 2008RFID growth outlook articulated

   President Shmuel Koren described declining RFID-tag costs, regulatory acceptance, and expected efficiency benefits as drivers of future adoption.

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7. 2006Shmuel Koren becomes CEO

   Adiv Baruch was replaced by Shmuel Koren as chief executive.

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8. 2004Adiv Baruch succeeds Israel Gal as CEO

   Founder Israel Gal was replaced as chief executive by Adiv Baruch.

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9. 2002Tel Aviv Stock Exchange listing begins

   BOS shares began trading on the Tel Aviv Stock Exchange, where they remained listed until 2009.

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10. 2000Nasdaq market upgrade

    The company's shares were upgraded to the Nasdaq National Market.

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11. 1996Nasdaq SmallCap listing

    BOS began trading on the Nasdaq SmallCap Market, the predecessor of the Nasdaq Capital Market.

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12. 1990Company founded

    Israel (Izzy) Gal founded Better Online Solutions in Israel after working as an AS/400 product manager at Intelligent Information Systems Ltd.

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A specialist provider of RFID, automatic identification, inventory, and supply-chain systems for enterprise, industrial, agricultural, logistics, and public-sector users.

• BOS IDInventory-management software

  BOS ID is a software platform for inventory management. It belongs to the company's broader portfolio of identification and supply-chain tools, intended to improve visibility and control over stock and related operational data.

• BOSwineRFID livestock-monitoring system

  BOSwine is an RFID tagging system designed to monitor the health and productivity of sows and piglets. It applies electronic identification to livestock-management workflows, allowing operators to associate animals with monitoring and production information.

• BOSWasteRFID waste-management system

  BOSWaste is an RFID waste-management system for tracking waste collection and helping control waste-management subcontractors. Its purpose is to provide greater visibility into collection operations and support accountability among service providers.

• e-Twinax ControllerEnterprise connectivity software

  The e-Twinax Controller provided TCP/IP compatibility for older twinax devices without requiring SNA. BOS sold the product rights to 10ZiG Technology in 2009 as part of the company's adjustment of its legacy connectivity portfolio.

• 2010Closure of two U.S. supply-chain subsidiariesStrategy

  The subsidiaries operated in activities connected with the executive-jet market, which was experiencing turbulence.

  What changed. BOS closed the two U.S. supply-chain subsidiaries formerly associated with Summit Radio Corp.

  Aftermath. The closures reduced the company's U.S. subsidiary operations in that market. No further financial outcome is provided in the reference material.

  Source
• 2009Sale of e-Twinax Controller rightsOther

  BOS had developed a legacy enterprise-connectivity product for older twinax environments while increasingly emphasizing RFID and supply-chain solutions.

  What changed. The company sold the rights to the e-Twinax Controller to 10ZiG Technology.

  Aftermath. The transaction transferred the legacy product to another technology provider; the available material does not quantify its financial or operating impact.

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• 2011BOS receives Frost & Sullivan Entrepreneurial Company of the Year award

  Frost & Sullivan recognized Better Online Solutions with its Entrepreneurial Company of the Year award.

  Other
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• 2011Frost & Sullivan names B.O.S. Entrepreneurial Company of the Year

  B.O.S. received Frost & Sullivan’s Entrepreneurial Company of the Year award.

  Other
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• 2010BOS closes two U.S. supply-chain subsidiaries

  The company closed two U.S. supply-chain subsidiaries, formerly associated with Summit Radio Corp., amid difficult conditions in the executive-jet market.

  Other
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• 2010B.O.S. closes two U.S. supply-chain subsidiaries

  The company closed two U.S. supply-chain subsidiaries formerly associated with Summit Radio Corp. amid turbulence in the executive-jet market.

  Other
  Source
• 2009BOS sells e-Twinax Controller rights to 10ZiG Technology

  Better Online Solutions transferred the rights to its e-Twinax Controller, a product providing TCP/IP compatibility for older twinax devices without requiring SNA, to 10ZiG Technology.

  Other
  Source
• 2009B.O.S. sells e-Twinax Controller rights to 10ZiG Technology

  B.O.S. sold the rights to its e-Twinax Controller, a product designed to provide TCP/IP compatibility for older twinax devices, to 10ZiG Technology.

  M&A
  Source
• 2009B.O.S. transfers shares to the Nasdaq Capital Market

  Following the end of its Tel Aviv Stock Exchange listing period, B.O.S. shares were transferred to the Nasdaq Capital Market.

  Other
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• 2000B.O.S. shares upgraded to the Nasdaq National Market

  B.O.S. shares were upgraded from the Nasdaq SmallCap Market to the Nasdaq National Market.

  Other
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• 1996B.O.S. begins trading on the Nasdaq SmallCap Market

  The company began trading publicly on what was then the Nasdaq SmallCap Market.

  Other
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1. Better Online Solutions