OSL Holdings Inc.
OSL Holdings Inc. (OTCBB:OSLH)
Detailed Quote: http://www.otcpicks.com/quotes/OSLH.php
Company Web Site: http://www.oslholdings.com/
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. They plan to sell data to manufactures for designated markets, such as urban retail, convenient and/or liquor stores. They plan to facilitate developing electronic marketplaces with real time buy-side and sell side capabilities for multiple private & public markets. They plan to 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. The Company will bring onboard additional management talent with broad experience in technology, distribution, interactive & affinity marketing as well as the diversity markets.
These companies create a transactional network that brings together brands, distributors, wholesalers, retailers (both online commerce and brick & mortar [land based stores]) and consumer's audiences to accelerate commerce and value. The goal is to take advantage of these cross platform (online, mobile, at retail), cross channel (b2c, b2b, govt.) and cross vertical (diversity, non-profit, green etc) commerce companies to enhance the overall offering of each. For example OSLH's strategic investment, through its wholly owned subsidiary OSL, Inc., of CDS will allow real-time electronic commerce within the diversity market, as CDS is a Tier 1 Certified Woman-owned company, as well as allow CDS to differentiate itself by offering the reward platform as added value to its clients
Corporate Diversity Solutions (CDS)
CDS is a Women's Business Enterprise National Council (WBENC) certified Tier One distributor of office products and related services to Fortune 1000 companies in North America. With strong focus on technology and e-commerce based solutions combined with over 100 years of combined Office Products distribution experience within its growing staff, CDS has become one of the fastest growing distributors in North America by utilizing a solid foundation to provide practical solutions to the industry. CDS is committed to being a leading diversity procurement & distribution organization which is today focused on office supply, sustainability, janitorial, research development, and MRO (maintenance, repair and overhaul) supplier of goods and data maintenance services.
Office Supply Line (OSL)
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
OSL Diversity Marketplace
They plan to facilitate developing electronic marketplaces with real time buy-side and sell side capabilities for multiple private & public markets. Their 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.
They provide businesses with the ability to drive more business by issuing and/or redeeming the Reward Currency to/from customers when shopping at the retail store, on their mobile phone or online. An initial focus has been on finalizing the development of our rewards technology platform by the end of the first quarter of calendar 2012 that will initially leverage current and developing business relationships within the diversity and affinity marketplaces that have substantial membership bases.
The intent of the reward offering is to design, develop, operate and market a loyalty program that is based on "reward currency" and is available for its members to earn and redeem in online ecommerce sites, brick and mortar retail stores, mobile and through other service providers. The offering is a combination of the loyalty program and the technology platform and marketplace. The benefits of the offering include enabling millions of members of the Loyalty Program to earn and redeem Reward Currency regardless of the payment method they use when making a purchase (i.e. Visa, Amex, Mastercard, or Cash) and to redeem the points both in retail stores, when shopping online or from their mobile phone regardless of the payment method used to gain discounts on purchases. The offering allows retail merchants and online ecommerce site operators with a package of products and services for better business efficiency, boosting sales and profitability.
Partnerships and Acquired Interests
MBS DEV is ERP software for dealers, distributors, wholesalers, and resellers built on the powerful Microsoft Dynamics platform.
Their solutions support more efficient and effective business operations by streamlining your organization from supply chain through internal operations, from your sales team out to your end consumer. They have the experience, the expertise, and the infrastructure to support every size company from the largest wholesaler to the smallest reseller - and every distribution business in between.
Development of the Business Requirements Document (BRD) and sponsor signoff
Development of the technical software module document (SMD)
Development plans and estimates
Quality Assurance (QA) and regression testing
They work hard at staying current with the latest technical changes, improving our efficiency, and providing error-free deliveries, all within the framework of Microsoft Dynamics AX.
Corporate Diversity Solutions (CDS) was founded with the idea that a Tier 1 Diversity Business could become a significant distributor of office products and services to Fortune 1000 companies in North America. This idea began in 2008 when four women, who spent a majority of their careers in the Office Products industry, decided to form a partnership combining their business experiences. CDS also utilized the resources and expertise of family members who had significant experience in executive management, and all facets of distribution.
With 40 years of combined Office Products experience, CDS has a solid foundation to provide practical solutions to the industry. They are supported by a team of veterans, who know how to manage the unique needs of large commercial businesses.
CDS provides more than exceptional customer service, electronic ordering solutions (including 3rd partner ERP applications like Ariba, Oracle and SAP) and a complete assortment of office products, furniture and printing. Being a Tier 1 Diversity Solution means providing employment and career opportunities for people of all race, sex and creed. It is also our duty to promote Sustainability, to all internal employees and external clients. By practicing strong corporate citizenship, and delivering our message through products and processes, CDS will strive to be a leader in reducing everyone’s carbon footprint and a solution for a better world in the future.
OSLH recently made an agreement that will utilize and customize MBS DEV's leading enterprise e-commerce & resource planning (ERP) software provider for select business units. "MBS DEV's hosted ERP solution contains rich functionality but uses the convenience of the cloud. This coupled with custom development and integration of rewards will separate us from the marketplace. The hosted software gives us the opportunity to exploit a robust e-commerce and ERP solution while custom developing other competitive edges at an investment level that is appropriate for us," stated Eli Feder, CEO of OSL.
OSLH has formed OSL Rewards Corporation, as a wholly-owned subsidiary, to further its corporate strategy to weave added value and benefits into each of its businesses while at the same time creating a unique offering to both business and consumer audiences as a standalone company. OSL Rewards Corporation will bring a "reward currency" to the marketplace that will allow business and customers to use a virtual currency that shoppers can then redeem when shopping in retail stores, online, on their mobile devices and through other electronic platforms.
OSLH has signed a letter of intent to acquire 51% of DSMART Technologies (Dsmart) in exchange for $7.5 million in cash and shares of the company. Dsmart is a data company committed to being a leading provider of data for the retail value chain (manufacturer, wholesaler, retailer) that currently captures and aggregates transactional data from the point of sale. The company today has contracts with AC Nielsen, Symphony IRI Group and Capstone to provide real-time consumer sales data through their POS systems which is currently in retail stores across the United States, with plans to rollout POS systems to thousands of stores in 2012.
OSLH has hired Robert Rothenberg as President of OSLH. Mr. Rothenberg comes to OSLH with over 20 years of marketing and operational experience. He transitions out of LSF Interactive, a global digital marketing agency, where he was Managing Director of their U.S. operations. Over the past 18 months he helped LSF navigate three acquisitions, while strengthening their US operations and client roster, gaining momentum and turning it profitable. He helped lead gross revenues this past year to grow significantly & gross profits jumped to two times the rate of gross revenues, while also producing five times that rate of increased direct contribution by expanding profitable engagements with Fortune 1000 companies.
OSLH recently formed OSL Diversity Marketplace Inc, as a wholly-owned subsidiary, with the help of their advisors Michael Jones-Bey and Ron Williams. The company will provide online marketplaces for businesses of all sizes to do business with each other and with Fortune 1000 companies through what plans to be the most comprehensive commerce platform of tools and functionality on the web for minority suppliers.
OSLH has named Ronald Williams and Michael Jones-Bey to its Advisory Board and has retained Mr. Williams and Mr. Jones-Bey as consultants to assist in strategic development of a new business unit & business development strategies as it relates to electronic marketplaces in the diversity marketing channel. Mr. Williams currently serves advisor and consultant to OSL Diversity and is currently the Sr. Vice President for Business Development for Richardson Communications, Inc. (RCI) and Focus Technology, Inc. Also, Ist Vice-Chair of the National Minority Business Enterprise Input Committee (MBEIC) since 2008, NE Regional Chair of the NMSDC's NMBEIC from 1996 to present and has served on the Board of Directors of the Greater New England Minority Supplier Development Council (GNEMSDC ) since 1996; It is the primary objective of the National Minority Supplier Development Council to provide increased procurement and business opportunities for minority businesses of all sizes. Mr. Jones-Bey most recently served as Executive Director of the largest public sector "supplier diversity program" in the nation from 2007-2010. He was responsible for revitalizing the New York State diversity certification program, agency compliance, and business development initiatives. The targeted industry sector capacity building and market access programs under his direction resulted in over $300 million of additional contract opportunities for minority- and women-owned businesses in the construction, renewable energy, and information technology industries.
OSLH has acquired a 48% equity interest of Corporate Diversity Solutions ("CDS"). In exchange for the 48% equity interest in CDS, OSL gave certain CDS shareholders a total of 200,000 shares of OSL common stock and agreed to indemnify the selling shareholders of CDS for certain potential payments owed by the selling shareholders to one of CDS's suppliers. CDS is a Women's Business Enterprise National Council (WBENC) certified Tier One Company headed by Stacey Scarpa . CDS is committed to being a leading diversity procurement & distribution organization which is today focused on office supply, sustainability, janitorial, research development, and MRO (maintenance, repair and overhaul) supplier of goods and data maintenance services. In connection with the acquisition, OSL also entered into an employment agreement with Ken Scarpa . Ken will direct national sales at OSL and will also remain the Senior Vice President at CDS. He has over thirty years experience in all aspects of distribution.
Recent OSLH News:
February 23 - OSL Holdings Inc. Announces Partnership with MBS DEV for e-Commerce, ERP Solutions and Custom Development
OSL Holdings Inc. (OTCBB: OSLH.OB - News), a leading real-time consumer and business sales data company that facilitates the ability to sell data, manage electronic marketplaces, operate real-time loyalty rewards and transact with buyers in multiple channels, announced its agreement to utilize and customize MBS DEV's leading enterprise e-commerce & resource planning (ERP) software provider for select business units.
"MBS DEV's hosted ERP solution contains rich functionality but uses the convenience of the cloud. This coupled with custom development and integration of rewards will separate us from the marketplace. The hosted software gives us the opportunity to exploit a robust e-commerce and ERP solution while custom developing other competitive edges at an investment level that is appropriate for us," stated Eli Feder, CEO of OSL.
"Having our system in the cloud means we get to take advantage of the broad capabilities of MBS DEV and Microsoft Dynamics® AX while retaining control and visibility on costs," said Joel Lupo, CIO of OSL. "We have been able to secure both Public and Private business, from Fortune 500 clients like ADP to the NYC Mayors office, but now we can extensively leverage the flexibility of MBS DEV to improve our customers' experiences, particularly in the area of e-commerce," Lupo added.
With the introduction of its rewards program, the Company now sees a customizable, scalable and global Enterprise Resource Planning (ERP) solution that supports connectivity for its business and partners that will help us to separate from the competition. All users, locations, and processes are run off of one database cloud -- making maintenance and upgrades simpler and more cost effective.
"MBS DEV sees themselves as a partner with the goal to help us grow and compete in the market space. We believe that their commitment to customer service and making our success a priority has enabled MBS Dev to become a valuable partner, " explained Eli Feder.
OSL Holdings Inc.
1710 First Ave
New York, NY 10128
Phone - ( 212) 419-4900
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