TIDMBOS
RNS Number : 2269M
BOS GLOBAL Holdings Limited
27 July 2017
BOS GLOBAL Holdings Limited
ACN 009 087 852
AIM Release
27 July 2017
Innovation Agreement (including Distribution) with MSP
Secretaries Limited
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
through digital technology, is pleased to announce that MSP
Secretaries Limited ("MSP"), a leading provider of company
secretarial services in the UK, has signed an Innovation Agreement
with its wholly owned subsidiary BOS Distributions Pty Ltd ('BOS
Distributions'). MSP will initially be adopting and deploying the
Company's BOS Meet(TM) software solution to its clients.
Highlights:
-- 3-Year 'commercial in confidence' Innovation Agreement in
place for BOS360 Work Patterns products and services
-- Innovation and distribution pricing in line with previous Company publications
-- Initial focus is for MSP to be a Licensee and reseller of BOS Meet to MSP corporate clients
-- Joint planning for potential BOS Automate and BOS Time
product trials within MSP and its clients
-- Joint marketing initiatives to assist MSP retain and attract
new clients in the industry segment of corporate and secretarial
services including that of BOS product sales
-- Integral feedback, as an Innovation Partner, to enhance
future product development and enhancements of BOS360 Work Patterns
products to provide greater workforce analytics capability
resulting in more efficient workplace practices
BOS Meet(TM) is a state of the art management solution that
forms part of an integrated suite of tools designed to drive
efficiency throughout an organisation. The product digitises Board
activities, extending from meetings and document management, to
record keeping and process management, inclusive of full data
encryption and digital security.
Following a successful trial period, MSP is now incorporating
the productivity orientated BOS Meet into their company secretarial
services, providing a digitally enabled service that their current
and future customers can benefit from under the terms of the
Innovation Agreement with BOS Distributions.
MSP is one of the UK's largest chartered secretarial firms. They
have an international client list and currently provide services to
a large number of public listed companies. The relationship MSP has
with its clients means that BOS GLOBAL is expected to gain exposure
to a large customer group at the board room level, increasing the
awareness of BOS solutions with senior decision makers.
With MSP as an Innovation Partner and distributor of BOS
products, the Company has gained a solid bridgehead in the UK
corporate services sector which significantly expands its
partnership network and geographical reach.
BOS GLOBAL Managing Director Michael Travia said, "Following
successful trials, which commenced in February 2017, we are
delighted to have MSP partner up with BOS GLOBAL. This agreement
clearly validates the quality of our software and provides solid
endorsement of its market potential. MSP both understands and
recognises the need for digitally based productivity tools for
Boards and Directors and has identified our products as providing a
real-time solution for Boards looking to build their operating
efficiency. With our partner network now expanding globally I
believe we are entering the next stage in our development and look
forward to translating this into sales."
MSP Managing Director Philippa Keith said, "We have agreed to
incorporate the BOS Meet solution into our company secretarial
services as we believe the product will be highly beneficial to our
clients. The demand for the digital enablement of the management of
Board meetings is growing and we believe BOS GLOBAL is at the
forefront in terms of solutions. We look forward to working with
them as our clients embrace the technology and enact more efficient
Board practices."
This announcement contains inside information for the purpose of
Article 7 of the Market Abuse
Regulation (EU) No. 596/2014.
**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
=================== ===================== ==============================
Charles Goodfellow Peterhouse Corporate Tel: +44 (0) 20 7220
/ Lucy Williams Finance Limited 9791
Broker
=================== ===================== ==============================
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 workforces
more productive.
It does this through its patented platform built to capture and
analyze activities as a smart way to help individuals to achieve
greater levels of 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. Workforce 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 workforce 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 Workforce 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 GLOBAL 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 focused 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
management, 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 1st Rights of Offer and Refusal for
BOS GLOBAL to acquire the balance of Call Design on the same
financial terms as the initial 40% investment
Call Design sets a new standard for Workforce Management, while
BOS GLOBAL's software sets a new standard for Workforce Efficiency.
Both products will be offered through BOS360 PaaS, setting a new
standard for Workforce 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
CNTPGUCAMUPMUWM
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July 27, 2017 02:00 ET (06:00 GMT)
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