News Just Out: OSL Holdings, Inc. (OSLH)
OSL Holdings Inc. New Business Unit, OSL Diversity Marketplace, Inc., Targets Multibillion Dollar Opportunity
OSL Holdings Inc. (OTCBB: OSLH.OB - News) new division OSL Diversity Marketplace stated goal is to provide business opportunities to diverse business owners throughout the United States. ”We are going to realize a decades long dream to create real business transactions between corporations and diversity suppliers in a meaningful way that aims to deliver the goals of more than doubling current spending through technology, creativity and a true understanding of the issues that are preventing business today.”
“There have been many organizations attempting to help this process. To make the dream a reality today, we first must connect buyers and sellers,” says Bob Rothenberg, President of OSLH. “We believe corporations and suppliers are smart and passionate, but they’re also overmatched by the current environment. They need a partner whose technology and creativity literally means business— a valuable solution that impacts the bottom line.”
Recently AT&T was recognized for its supplier diversity efforts, AT&T spent $9.2 billion with diverse suppliers in 2010 representing 18.8 percent of the company’s total spend, while its diversity goal was 21.5 percent of it’s spend with diverse suppliers.
Commenting on this recent news, Michael Jones-Bey stated, “I commend AT&T for achieving a $9.2 billion annual spend with diverse suppliers. They are leading a wave of corporations that are expanding opportunities to companies that have traditionally been out of our economic mainstream. I believe that OSL Diversity Marketplace can harness this wave by partnering with Fortune 500 companies, diverse suppliers, and supplier diversity organizations. The opportunity here is phenomenal. When you consider that Diversity Magazine estimates that the top 50 corporations have made a commitment to spend 20% with diverse suppliers and are currently spending less than 8.5%, it is exciting to think about how we are building a solution to bridge this gap which is in the tens of billions of dollars.”
“OSL Diversity Marketplace, Inc. is creating a virtual commerce ecosystem powered by cutting edge technology that will allow for business to take place with ease, online while ensuring transparency and closed loop tracking,” adds Rothenberg. “We plan to leverage relationships with customers of our related business unit Corporate Diversity Solutions, Inc. that are committed to supplier diversity such as Verizon, Pep Boys, and NY Times to bring this new model to Corporate America so that the Top 50 corporations can meet their supplier diversity goals.”
About OSL Diversity Marketplace, Inc.
OSL Diversity is a market maker that creates an environment for commerce to take place. Its goal is to facilitate the development of electronic marketplaces with real time buy-side and sell side capabilities for multiple private & public markets: Easy to use so that members can become proficient quickly; Intuitive interfaces, reports and tools to reduce the learning curve; Critical mass of participants so buyers can find the products and services they need, and sellers can locate interested buyers; Marketplace-to-marketplace interaction to give participants access to a larger or smaller “virtual” marketplace and audience as desired; Functionality rich enough to perform the range of commerce tasks from searching, sourcing, bidding, dynamic pricing, tracking, auditing and authorization management to catalogue management.
About OSL Holdings Inc.
OSL is OSL Holdings Inc. is a holding company that will develop or acquire business units with the purpose of collecting and transmitting real-time consumer and business sales data that facilitates the ability to sell data, manage electronic marketplaces, operate real-time loyalty rewards and transact with buyers in multiple channels. OSL plans to sell data to manufactures for designated markets, such as urban retail, convenient and/or liquor stores. OSL intends to facilitate developing electronic marketplaces with real time buy-side and sell side capabilities for multiple private & public markets. It will operate a real-time loyalty rewards platform that can facilitate the earning and redemption of our currency at the point of the transaction (online, mobile, at retail) as well as on future transactions. The Company plans on leveraging these business units to connect buyers, sellers as well as channels that will clearly differentiate itself from the competitive landscape so that each venture can scale revenues and their respective offerings to their specific market(s) or across markets.
Forward-Looking Safe Harbor Statement:
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the Commission are available from commercial document retrieval services and at the website maintained by the Commission athttp://www.sec.gov.
CONTACT: OSL Holdings Inc. www.OSLHoldings.com 212-419-4900
StockGuru’s Profile for OSL Holdings, Inc.
This is the condensed version – Full StockGuru Profile Found Here:
http://www.stockguru.com/about/oslh/
OSL Holdings, Inc. (OTCBB: OSLH)
http://www.oslholdings.com
This diversified holding company has a number of exciting projects either in progress or on the way. The Company is centered around either developing or acquiring business ventures with the purpose of collecting and transmitting real-time consumer and business data.
The Business Units Include:
- Office Supply Line
- Corporate Diversity Solutions
- OSL Rewards
- OSL Diversity Marketplace
Office Supply Line, Inc.
Our wholly owned subsidiary, Office Supply Line, Inc. is an integrated marketer and distributor of “Products for the Office.” OSL differentiates itself from its competition by leveraging innovative marketing programs and technology. It operates in the competitive office supply market as a virtual distributor, leveraging the existing logistical capabilities of its suppliers who provide for inventory logistics, distribution and delivery. OSL focuses on the development and or acquisition of cutting edge technology, sales, marketing and customer service.
Corporate Diversity Solutions:
In December, OSL Holdings announced it had completed the acquisition of 48% of the equity interests in Corporate Diversity Solutions.
This business is a perfect complement to Office Supply Line.
Corporate Diversity Solutions (“CDS”) is a Tier One Diversity Business. Founded by four women who spent the majority of their careers in the Office Products Industry. They took a combined forty years of experience in the industry, formed a partnership and went into business. With the contribution of other family members, that forty years became over one hundred years of combined experience in the Office Products Industry. This has led to their success. As a Diversity Business, CDS enjoys special advantages that allow the Company to prosper and set a real world example for diversity in American business. As a subsidiary of OSL Holdings, CDS will continue as a Diversity Business as the management and majority ownership of CDS continues to qualify as such.
OSL Rewards:
We’ve all seen the success of Groupon. We’ve see the success of merchants using social media platforms like Facebook and now even Twitter. OSLH has a great product underway that will bring a Reward Currency to the marketplace that allows business and customers to use a virtual currency that shoppers early when shopping in retail stores, online, on their mobile devices and through other means.
Planned for a launch early this year, the intent of the reward offering is to design, develop and operate a loyalty program that is based on this virtual “reward currency”. As a member, anyone can earn and redeem this currency at online ecommerce sites, brick and mortar retail stores, through mobile devices and through other service providers. This is the offering of a combination loyalty program and the technology to make those loyalty rewards pay where the consumer chooses.
Obviously the Company sees the potential for OSL Rewards to “go viral” in the minds of consumers, and become very large.
The OSL Diversity Marketplace
OSLH plans to facilitate developing electronic marketplaces with real time buy-side and sell side capabilities for multiple private & public markets. The goal is to be a leading market maker that creates an environment for commerce: Easy to use so that members can become proficient quickly; Intuitive interfaces, reports and tools to reduce the learning curve; Critical mass of participants so buyers can find the products and services they need, and sellers can locate interested buyers; Marketplace-to-marketplace interaction to give participants access to a larger or smaller “virtual” marketplace and audience as desired; Functionality rich enough to perform the range of commerce tasks from searching, sourcing, bidding, dynamic pricing, tracking, auditing and authorization management to catalog management.
This is the condensed version – Full StockGuru Profile Found Here:
http://www.stockguru.com/about/oslh/
Contact OSL Holdings, Inc. (OTCBB: OSLH)
OSL Holdings, Inc. (OTCBB: OSLH)
1710 First Ave
New York, NY 10128
(212) 419-4900
OSL Holdings Website:
http://www.oslholdings.com
Office Supply Line Website:
http://www.officesupplyline.com/
Corporate Diversity Solutions:
http://www.corporatediversitysolutions.com/
OSLH Disclosure: Pentony Enterprises LLC entered into an investor relations consulting and market awareness contract with a third party investor relations company for coverage of OSL Holdings, Inc. (OTCBB: OSLH). We hold not shares and will not be receiving any shares. To avoid all potential conflicts of interest, we never sell shares into the open market during an active market awareness or investor relations program. This means that as we release new information about a particular client company either on our site or otherwise authored by us, you can be confident we are not selling shares at the same time. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. We expect to be compensated up to seven thousand five hundred dollars for coverage. In general, given the emerging nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. Pentony Enterprises LLC – 1601 Berwick Drive – McKinney, Texas 75070 – (469) 252-3031.
StockGuru.com
StockGuruCanada.com
Shareholdervision.com
BoldStocks.com
IR Affiliates – IRIR.co
StoneBridge Web & SEO – StonebridgeIQ.com
All content on StockGuru.com is original content – with the exception of client news releases. All content is (C) Copyright 2002 to 2012 Pentony Enterprises LLC. No content may be used in whole or in part without the express written consent of our Publisher. We encourage web sites interested in our content to offer a reciprical exchange agreement in exchange for use of some of our content. We do not offer advance approval, but contact our Publisher if you have an interest in repropagating our content. Contact as at: Publisher@StockGuru.com or (469) 252-3030. Mailing address: 1601 Berwick Drive; McKinney, Texas 75070
