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Dimex, an Israeli private company incorporated in 1988, is an integrator of AIDC (Automatic Identification and Data Collection) solutions based on RFID and Barcode technology.  Dimex offers comprehensive solutions that include peripheral equipment, software applications, integration and support.

BOS intends to acquire the majority of Dimexs assets in consideration for cash and BOS ordinary shares.  The consideration will include approximately US$4.5 million for, the purchase of, among other things, intellectual property rights and goodwill.  An additional US$7 million will be paid for the purchase of Dimexs inventory, accounts receivable and fixed assets, and is subject to adjustments based on the 2007 year-end financials of Dimex.  The cash consideration is payable over a period of twenty four months.  The ordinary shares consideration equals approximately 3.5% of the outstanding shares of BOS.

Dimexs existing senior management is expected to remain in office and become part of the BOS group.

Closing of the transaction is subject to execution of a definitive agreement and satisfaction of certain closing conditions.

Shmuel Koren, President and CEO of BOS, commented, "We are very pleased to have reached this milestone in our development and growth.  I believe that the joined capabilities of BOS and Dimex will lead us to becoming a major provider of fully integrated RFID solutions in the international markets."

Yuval Viner, CEO of Dimex, added, "This is a significant step for Dimex and for me personally.  I intend to focus on leading the Dimex activity within BOS and leverage the combined platform to expand the BOS group opportunities in the industry of advanced data capture, both in Israel and internationally."