TIDMBOS
RNS Number : 6403X
BOS GLOBAL Holdings Limited
23 February 2017
BOS GLOBAL Holdings Limited
ACN 009 087 852
AIM Release
23 February 2017
Sales Update
BOS GLOBAL Holdings Limited ("BOS" or "the Company") (AIM: BOS),
the software developer focused on optimising employee/individuals'
productivity, is pleased to provide a sales update following the
launch of its first cloud-based productivity apps, BOS Meet and BOS
Automate.
-- Sales - over 200 BOS Meet and BOS Automate seats subscribed
for in Australia and the UK since the products were launched in
December 2016 and January 2017 respectively
o An Australian multi-national company has subscribed for 100
seats of both products, which will provide monthly cash flow,
having signed up to be an Innovation Partner and a reseller
-- New Innovation Partner is focused on driving optimisation in
the work place and has clients in 26 countries with a substantial
presence in the banking sector
-- New Innovation Partner will automatically receive additional
products as they are launched to market over a three-year
period
o Significant number of seats subscribed for by a world class
Australian university
-- Additional Reseller Secured - BOS has entered into an
agreement with a London based reseller to penetrate the UK market.
A trial is currently underway with a client of the reseller ahead
of targeting commercial roll out amongst corporate clients.
-- Bolstered Sales Support - successfully recruited personnel as
part of ongoing recruitment campaign to support new and future
channel partners
-- Driving Prospects - completed local installations of BOS Meet
and BOS Automate to meet data residency requirements for business
and government subscriptions in the UK, USA and Australia - this
will help satisfy tender conditions in these markets going
forward
BOS COO Mark Uren said, "We are very pleased to have achieved
first sales and gained a significant number of subscribers across
our core geographic markets of the UK, USA and Australia. A focus
of our excitement is the introduction of our new Innovation Partner
which will provide us with revenues from over 100 subscriptions and
will resell our products, both current and future, to their very
strong international client base. They have a very complementary
business premise to us and are active in financial services, a
sector in which we want to build our presence in.
"These developments, along with the securing of an additional
reseller, provides solid endorsement of our business model and
proves the relevance of our standalone software products, which are
focused on optimising efficiency in the workplace. This positive
reception bodes well for the launch of our BOS 360 Work Patterns
platform as a service, which is planned for May 2017, and we are
pleased to have already started advancing relationships with
potential strategic partners ahead of this."
Further Information on BOS' Innovation Partner Scheme:
BOS has devised an Innovation Partnership Model which is focused
on enabling global companies to realise a measurable 5% efficiency
year on year over an initial three year term without 3rd party
consultants.
The Company is leveraging its proven experience as consultants
to take responsibility for the transition and transfer of knowledge
to the client's in-house team. Innovation Partners subscribe for
all BOS products as they are launched to market, which delivers
revenues to BOS on a monthly basis.
The Company is delighted to welcome its first innovation partner
to its books.
**ENDS**
For further information please visit www.bosglobal.com or
contact:
Michael Travia BOS GLOBAL Holdings Tel: +61 (0) 8 9322
Managing Director Limited 4071
E: shareholder@bosglobal.com
=================== ===================== ==============================
Oliver Morse RFC Ambrian Limited Tel: +61 (0) 8 9480
NOMAD 2500
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Charles Goodfellow Peterhouse Corporate Tel: +44 (0) 20
/ Lucy Williams Finance Limited 7220 9791
Broker
=================== ===================== ==============================
Elisabeth Cowell St Brides Partners Tel: +44 (0) 20
/ Charlotte Ltd 7236 1177
Page
Financial PR
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About BOS GLOBAL
BOS GLOBAL is a Software Company dedicated to making workplaces
more productive.
It does this through its patented platform built to capture and
analyse activities as a smart way to help individuals to achieve
greater levels of workplace efficiency.
The platform known as BOS360 Work Patterns is unique in its
ability to digitally render real time views of productivity in the
form of Work Patterns at an individual, team or organisation
level.
The platform comprises of three main business competencies;
1. Workplace Automation - How digital information (records and
documents) is managed in the workplace.
2. Workplace Productivity - How people are spending their time at work
3. Workplace Integrity - How workplace information is secured and validated.
Each of these competencies are supported by a range of
enterprise grade software products designed to perform a specific
set of workplace functions. These products also act as both
collectors and feeders of information to the BOS360 Platform for
use in the generation of Work Pattern reports.
BOS GLOBAL will generate re-occurring income through
subscriptions of its BOS360 Work Pattern platform and supporting
products, as well as through licensing of its patented Work Pattern
technology.
Company sales strategy is focussed on building a global
distribution partner network via Enterprise Software Vendors,
Professional Services organisations and Consulting Practices.
BOS GLOBAL Holdings Limited is a LSE AIM listed company
incorporated in Australia, operating from offices in Melbourne,
Sydney and Brisbane. Plans are well underway to increase its
representation, with offices in London, San Francisco and Hong Kong
in year 2017.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUOONRBOAUURR
(END) Dow Jones Newswires
February 23, 2017 02:02 ET (07:02 GMT)
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