October 22, 2009 (FinancialWire) — B.O.S. Better Online Solutions Ltd. (BOS” or the company) (NASDAQ: BOSC) announced that Shalom Daskal has ceased to serve as the chief executive officer of the company effective October 20, 2009. Daskal is succeeded by Yuval Viner, who has been appointed as acting CEO, while the company’s Board further evaluates the management structure of the BOS group.

In addition, Avidan Zelicovsky has been appointed as the acting president of the company.

Yuval Viner, currently BOS’ Head of RFID and Mobile Solutions, has joined BOS following its acquisition of Dimex System’s assets in March 2008. Viner was the marketing director of Dimex Systems since 1993 and in 2000 was appointed as Dimex Systems CEO.

Avidan Zelicovsky, currently BOS’ Head of Supply Chain Solutions Division, has joined the company as the CEO of Odem Electronic Technologies 1992 Ltd. following the BOS acquisition of Odem in 2005. Zelicovsky was appointed as Odem’s CEO in 2005 after holding various positions in Odem since 1996.

Viner and Zelicovsky will continue to hold their existing positions and maintain their current compensation package, thus the company is expected to reflect savings as a result of the new management structure.

Edouard Cukierman, chairman of the board, stated: “We would like to express the board’s appreciation to Shalom Daskal’s contribution to the restructuring of BOS business and the strengthening of the BOS position as a worldwide leader in providing comprehensive Mobile and RFID solutions for the enterprise. We wish Shalom success in his future endeavors.” Cukierman continued: “We are confident that the skill set and vast experience of both Yuval Viner and Avidan Zelicovsky will benefit BOS in coping with the challenges that lay ahead. The deep knowledge of Yuval and Avidan of the BOS group and its business will facilitate a smooth transition.”

Yuval Viner and Avidan Zelicovsky stated: “We are looking forward to taking the BOS helm and are certain that our many years of combined experience will serve us well as we focus on growing the company and bringing it to profitability.”

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.