Bos Glb Hldgs Regulatory News (BOS)

BOS GLOBAL Holdings Limited

ACN 009 087 852

AIM Release

1 February 2017

BOS GLOBAL Holdings Limited ("BOS" or "the Company") (AIM: BOS), the software company focused on creating enterprise productivity solutions for the global workforce market, is pleased to provide an update regarding its sales strategy for BOS Automate, a cloud based document management framework, which promotes the efficient processing, integration, storage and use of data in an organisation.

Highlights

· Appointment of Cornerstone Group, one of Australia's leading providers of government relations services, to aid BOS' sales drive across government departments in this market

· Launch of BOS Reseller Program with a focus towards channel partner relationships focused on large consulting service providers and system integrators

· Evaluating opportunity to submit a proposal in response to a £80 million tender request for IT services from the UK Government's Department of Work and Pensions

· Formulated a commercial innovation partnership agreement for Governments seeking to drive productivity and efficiency gains throughout their workforce. The agreement provides for the opportunity to prove the financial business case to governments for the wide scale adoption of BOS360 Work Patterns as an enabler of public sector productivity and service delivery to it's constituents

· Targeting government opportunities to leverage the proven application of BOS Automate by AG-I Solution Limited ('AG-I') within Malaysian government departments

· Deployed infrastructure in the United Kingdom, United States and Australia for local channel partners and end users of BOS-Automate

BOS Managing Director Michael Travia said, "It makes perfect sense for us to target sales of BOS Automate to government, particularly given its competitive price point and its proven ability to help drive efficiency for departments within the Malaysian government. With this in mind we are delighted to have appointed Cornerstone Group, an influential consultancy with a serious government network, which will help us deliver sales to this target market. Notably, government spend on IT and compliance has increased incrementally over the past 10 years and, as demonstrated by the recent call for proposals from the UK Department of Work and Pensions, they can offer significant revenue opportunities. We expect to participate in this tender process and will update to market at the appropriate time. Given that government departments have significant content and documentation to deal with and distribute between different jurisdictions and bodies, we anticipate the demand for elegant software solutions such as ours to increase and therefore we believe we are in the right place at the right time."

Further Information

BOS Automate is a fully automated platform focused on document management, work load analysis and knowledge transfer. This BOS-branded turnkey solution was developed by Ag-I Solutions Limited ('Ag-I Solutions'), the Company's development partner, which has implemented within the Malaysian Government. Importantly BOS has first rights to acquire the underlying Intellectual Property ('IP') of Ag-I's products (see announcement dated 21 November 2016).

The Company is focused on signing strategic distribution partners in its initial target markets of Australia, the United Kingdom and North America, as well as building up its internal capabilities of direct selling to end users. Cornerstone Group (www.cgrp.com.au) is one of Australia's leading providers of government relations, stakeholder engagement, lobbying and corporate consultancy services and the Company has appointed it to help drive sales in this target market.

**ENDS**

For further information please visit www.bosglobal.com or contact:

About BOS GLOBAL:

BOS GLOBAL is a software company focused on creating enterprise productivity solutions for the global workforce market. It does this through a blend of business process automation, intelligence gathering and advanced analytics to drive efficient business practices and workplace engagement.

The Company is currently developing the BOS360 Work Patterns Platform based upon its existing and international patent pending research and development, and to provide businesses with a comprehensive platform through which they can capture, manage and measure efficiency in real time at the individual, team and organisational level.