June 4, 2013
/PRNewswire/ -- OSL Holdings (
), Inc. (OTCQB: 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 a new Equality Rewards partnership with the Los Angeles Gay & Lesbian Chamber of Commerce (LAGLCC) (
), the world's largest organization of gay, lesbian, bisexual, transgender (LGBT), and gay-allied businesses, professionals, and individuals, who have joined together to effect positive growth in the workplace. Through its Equality Rewards program, OSL will work with current and new LAGLCC members to offer special discounts and promotions for member organization's products and services.
"The Los Angeles Gay and Lesbian Chamber of Commerce is proud to partner with OSL Holdings for its Equality Rewards program. This venture, which rests at the intersection of commerce and philanthropy, increases the economic strength of LGBT organizations and we are honored to contribute to its success," said
, Executive Director of the LAGLCC.
OSL Holdings will work with this the LAGLCC to bring value to its member companies through distribution of Equality Rewards currency. Consumers can then use the Equality Rewards currency for special discounts at those retailers, restaurants and other establishments participating in the Equality Rewards program. Additionally, OSL Holdings will collaborate with the LAGLCC to create unique, customized promotional programs supporting the LAGLCC and their membership base, while driving redemption of the Equality Rewards. The promotional programs will work to generate both value and revenue for the LAGLCC while at the same time adding members, redemption and revenue for OSL.
"OSL Holdings is elated to partner with the Los Angeles Gay & Lesbian Chamber of commerce on the launch and rollout of OSL's Equality Rewards Program. With more than 275 registered businesses, the LAGLCC includes a broad variety of businesses that will enhance our value proposition to our consumers," said
, President of OSL.
Since its founding in 1979, the LAGLCC has become a potent voice and advocate in the LGBT community committed to making contributions back to the community. Few other organizations have the breadth of experience in the LGBT market than those found in the membership of the LAGLCC, and those members continually champion and support both the changing needs
LGBT retailers, consumers, and their allies.
LAGLCC members live and work throughout the greater
area - The
and San Gabriel Valleys,
, the Westside and
, Silverlake, Downtown, and many other neighborhoods. Members also maintain close working relationships with sister organizations in
and other nearby communities, as well as with the National Gay and Lesbian Chamber of Commerce (NGLCC) in
Once partnered with OSL Holdings' Equality Rewards program, organizations gain immediate access to consumers looking to redeem rewards as well as the ability to promote products or services to millions of rewards members. Additionally, retailers enrolled have the option to change their promotion to rewards members in real time to focus on any relevant incentives.