OSL Holdings, Inc. Enters into Partnership Agreement with Kristalytics Marketing Corp.
Partnership Expected to Enable Further Development of OSL's thinkDATA™ Platform Analytics
ORANGEBURG, N.Y., Sept. 4, 2012 /PRNewswire/ -- OSL Holdings, Inc. (OTC: OSLH)("OSL" or the "Company"), a developer of technology platforms that enable real-time sales and trend information exchange between brands and retailers, today announced that it has entered into a partnership agreement with Kristalytics Marketing Corp. in order to enable planned development of the Company's proprietary thinkDATA™ platform by streamlining data collection and analysis as well as allowing its users to identify and convert their best prospective and existing buyers into long-term, repeat customers.
"Kristalytics maintains a full U.S. postal file license containing over 235 million individual and 153 million household records with 40 other data licenses that can add over 1,000 data points per record," said Bob Rothenberg, president of OSL. "With the collaboration of Kristalytics' data artisans and technology solutions applied to our thinkDATA platform, we intend to deliver tremendous competitive advantage by creating new products that will enable our users to closely match their offers to the characteristics of individual prospects via increased market knowledge."
Kristalytics sorts and weighs thousands of different customer behaviors and characteristics to come up with patterns that answer clients' most pressing marketing questions. For further information regarding Kristalytics, please visit http://www.kristalytics.com.
About OSL Holdings Inc.
OSL Holdings Inc. develops or acquires business units with the purpose of collecting and transmitting real-time consumer and business sales data to facilitate the sale of data, manage electronic marketplaces, operate real-time loyalty rewards and transact with buyers in multiple channels. OSL plans to sell data to manufacturers for designated markets, such as urban retail, convenience 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 intends to operate a real-time loyalty rewards platform that can facilitate the earning and redemption of our rewards currency at the point of the transaction (online, mobile, at retail) as well as on future transactions. The Company plans to leverage these business units to connect buyers, sellers and channels that will clearly differentiate it 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. In some cases you can identify those so-called "forward looking statements" by words such as "may," "will," "should," "expects," plans," "targets," "believes," "anticipates," "estimates," "predicts," "potential," or "continue" or the negative of those words and other comparable words. 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 future. There are a number of factors, risks and uncertainties that could cause actual results and developments to differ materially from forecasted results. For a discussion of these factors, 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 Securities and Exchange Commission at http://www.sec.gov. We assume no obligation to update or alter our forward-looking statements made in this release or in any periodic report filed by us under the Securities Exchange Act of 1934 or any other document, whether as a result of new information, future events or otherwise, except as otherwise required by applicable federal securities laws.
Investor Relations Contact:
OSL Holdings, Inc.
SOURCE OSL Holdings, Inc.
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