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<FILENAME>c27765_ex99-i.txt
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                     B.O.S. - BETTER ON-LINE SOLUTIONS LTD.

 B.O.S. BETTER ON-LINE SOLUTIONS LTD. ANNOUNCES CLOSING OF CATALYST TRANSACTION

Teradyon,  Israel - March 31, 2003 - B.O.S. Better On-Line Solutions Ltd. ("BOS"
or the "Company")  (NASDAQ:BOSC,  TASE:BOS)  announced  today the Closing of the
transaction  with  Catalyst  Investments,   L.P.,  the  details  of  which  were
previously  disclosed  in the  Company's  press  release  of January  12,  2003.
Catalyst  has been  issued  2,529,100  (16.60%)  BOS  shares,  in  exchange  for
transferring to BOS most of its shares in Surf Communications Solutions Ltd. BOS
is now the largest shareholder in Surf.

Catalyst has also notified the Company today that it has signed an agreement for
the  purchase  of  an  additional   1,260,000   Company  shares,   from  another
shareholder,  at a price of 47 cents per share.  Thus,  Catalyst will become the
largest  shareholder  of  the  Company,   holding  almost  24.9%  of  its  total
outstanding shares.

Israel (Izzy) Gal, B.O.S.' CEO commented:  "We believe that our new shareholder,
Catalyst  Investments,  L.P.,  has much to contribute  to our Company,  and look
forward to a productive business relationship."

ABOUT B.O.S.

Through its wholly owned subsidiary,  BOScom, the Company develops, produces and
markets    technologically    complex,    multi-functional,     cross-enterprise
communication and networking products.  Marketed under the BOSaNOVA brand, these
products are renowned for their simplicity of use, quality, and reliability. The
IP  Telephony  line  offers  innovative  convergence  migration  solutions  that
leverage a  corporation's  existing  equipment  infrastructure.  The legacy line
provides   solutions  for  IBM  midrange-to-PC  and  LAN  connectivity  and  GUI
emulation, and printing solutions that are operating system-independent.

B.O.S.  was established in 1990 and became a public company traded on the NASDAQ
National Market in 1996 (Nasdaq:BOSC),  and on the Tel Aviv Stock Market in 2002
(TASE:BOS).

SURF Communication Solutions Ltd., an affiliated company,  develops and supplies
software-based access solutions that are integrated into manufacturers' original
equipment  in  the  telecommunications,   data  communications,  telephony,  and
consumer electronics industries.  Surf has some high-profile strategic investors
which include:  Intel,  Motorola and Texas Instruments,  and the Israeli venture
funds Pitango, Giza, Sadot and Catalyst.

ABOUT CATALYST

Catalyst,  an Israeli  Venture  Capital Fund that  invests in mature  companies,
private or public, was founded by Cukierman & Co. Investment House Ltd., leading
in European  investments in Israel.  The Investment House has raised for Israeli
companies  approximately  300 Million  Euro from  European  investors.  The Fund
commenced  its  operation  in mid  2000 and it is  jointly  managed  by  Edouard
Cukierman and Boaz Harel. Its Chairman is Yair Shamir.

Catalyst's  investors  include:  HSBC,  ABN AMRO Bank, the OTTO Group as well as
Israel's  Union  bank.  The Fund  raised  US$40  Million  and has  invested in 9
portfolio  companies.  Most of its  funds  are  liquid  and are  intended  to be
invested within the next 2 years.

For further information, please contact Mr. Noam Yellin, at Tel. +972-3-527-4949
nyellin@netvision.net.il.

Please visit our website, http://www.boscorporate.com.

THE FORWARD-LOOKING  STATEMENTS  CONTAINED HEREIN REFLECT  MANAGEMENT'S  CURRENT
VIEWS  WITH  RESPECT  TO  FUTURE   EVENTS  AND  FINANCIAL   PERFORMANCE.   THESE
FORWARD-LOOKING  STATEMENTS ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES  THAT
COULD  CAUSE  THE  ACTUAL  RESULTS  TO  DIFFER  MATERIALLY  FROM  THOSE  IN  THE
FORWARD-LOOKING  STATEMENTS,  ALL OF WHICH ARE  DIFFICULT TO PREDICT AND MANY OF
WHICH ARE BEYOND THE CONTROL OF BOS, INCLUDING,  BUT NOT LIMITED TO, THOSE RISKS
AND UNCERTAINTIES DETAILED IN BOS' PERIODIC REPORTS AND REGISTRATION  STATEMENTS
FILED WITH THE U.S. SECURITIES EXCHANGE COMMISSION.

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