• Gathering requirements

• Development of the Business Requirements Document (BRD) and sponsor signoff

• Development of the technical software module document (SMD)

• Development plans and estimates

• Actual development

• Unit testing

• Quality Assurance (QA) and regression testing

• Documentation

• Implementation

• Support

Investor Highlights

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.