TIDMBOS
RNS Number : 3068I
BOS GLOBAL Holdings Limited
16 June 2017
BOS GLOBAL Holdings Limited
ACN 009 087 852
AIM Release
16(th) June 2017
Sale of 75% interest in Copper Range and Marketing update
BOS GLOBAL Holdings Limited ("BOS GLOBAL" or "the Company")
(AIM: BOS), the software developer focused on improving
productivity and creating operational efficiencies in the workplace
with "Workplace Analytics", is pleased to announce that it has
successfully completed the sale of its non-core, historic 75%
interest in Copper Range (SA) Pty Ltd ("CRSA"). The gross proceeds
received by the Company amounts to GBP380,000 cash.
Further information relating to this can be found in the
announcements dated 12 May 2017 and 6 February 2017.
The Company is also pleased to provide an update on its active
marketing strategy:
-- An updated Corporate Presentation has been published on its website www.bosglobal.com
-- BOS GLOBAL will be attending the HR & Workforce Analytics
Summit being held in San Francisco 19-20 June 2017
(https://theinnovationenterprise.com/summits/hr-workforce-analytics-summit-san-francisco-2017)
-- The Company will be a Platinum Sponsor of the Big Data Summit
(www.bigdatasummit.co) to be held at the Melbourne Convention
Centre in Australia, 20-22 August 2017. Further details relating to
this will be made available closer to the event date.
BOS Managing Director Michael Travia said, "We are delighted to
have completed the sale of BOS' interest in these non-core,
historic CRSA tenements. This sale is reflective of the fact that
our focus is solely on the roll-out and development of our
integrated suite of software. To this end, we continue to focus on
driving sales and uptake of our launched BOS products, converting
existing trials with implementations underway in Australia, London
UK, Manila Philippines and San Francisco USA this month alone. In
support of this, we are pleased to confirm our attendance at two
major industry events, which will provide valuable platforms
through which we can further promote our BOS360 Work Patterns
products and Workforce Analytics capabilities. Collectively, the
BOS people and Company have laid a great foundation to build on and
we look forward to the significant growth opportunities ahead."
**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
=================== ===================== ==============================
Andrew Thomson RFC Ambrian Limited Tel: +61 (0) 8 9480
NOMAD 2500
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Charles Goodfellow Peterhouse Corporate Tel: +44 (0) 20 7220
/ Lucy Williams Finance Limited 9791
Broker
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Megan Dennison St Brides Partners Tel: +44 (0) 20 7236
/ Charlotte Page Ltd 1177
Financial PR
=================== ===================== ==============================
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 Platform as a Service
('BOS360 PaaS'), launched in May 2017, 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 PaaS for use in
the generation of Work Pattern reports and Workplace Analytics.
Since May 2017, BOS GLOBAL has six revenue generating products -
BOS Meet, BOS Time, BOS360 PaaS and BOS Automate Suite since its
first product launch (BOS Meet) in December 2016. For more
information of how BOS products can help your workforce increase
efficiency and productivity visit www.bos-360.com
BOS GLOBAL aims to generate re-occurring income through
subscriptions of its BOS360 PaaS and supporting products, as well
as through licensing of its patented Work Pattern technology. The
Company's sales strategy is focussed on building a global
distribution partner network via Enterprise Software Vendors,
Professional Services organisations and Consulting Practices.
The Company has a 40% equity interest in Call Design Pty Ltd, a
profitable, Australian based, global provider of workforce
optimisation tools, focused particularly on call centre services,
which has an established blue chip client base. This highly
synergistic investment is expected to provide multiple
cross-selling opportunities to both companies in line with BOS
GLOBAL's strategy to deliver a comprehensive business optimisation
offering globally. This investment includes the 1(st) Rights of
Offer and Refusal for BOS to acquire the balance of Call Design on
the same financial terms as the initial 40% investment
Call Design sets a new standard for Workplace Optimisation,
while BOS GLOBAL's software sets a new standard for Workplace
Efficiency. Both products will be offered through BOS360 PaaS,
setting a new standard for Workplace Analytics to give companies
greater control in making informed, fact-based decisions on their
operational activities; Workforce Analytics is a combination of
software and methodology that applies statistical models to
worker-related data, allowing enterprise leaders to optimise human
and machine resources.
BOS GLOBAL Holdings Limited is an AIM listed company
incorporated in Australia, operating from offices in Melbourne,
Sydney and Brisbane. The Company also has a regional office in Hong
Kong, responsible for the Asia-Pacific region and processing of
large scale enterprise product sales with a greater than US$20
million revenue stream over an initial three-year contract term.
Such deals include acquisitions and investments like the size of
Call Design.
The Company is working towards its expanded London Office with
its planned move of both Corporate and Board function to London in
late 2017. Further, plans are well underway to increase its
representation in Europe, the Middle East and Africa (EMEA) and
North America with that of Call Design, and with offices on track
to be established in 2017 in London and San Francisco
respectively.
This announcement contains inside information as stipulated
under the Market Abuse Regulations (EU) no. 596/2014 ("MAR").
This information is provided by RNS
The company news service from the London Stock Exchange
END
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