SOURCE: Office SupplyLine, Inc.

October 05, 2010 11:51 ET

Office SupplyLine Hires The Exchange LLC to Manage Their Investor Relations

NEW YORK, NY--(Marketwire - October 5, 2010) - Office SupplyLine (OSL), a national virtual distributor of products for the office, announces that The Exchange LLC will be managing the company's Investor Relations. Office SupplyLine's main focus is to become one of the largest independent distributors of "Products for the Office" in the United States.

OSL currently offers 100,000 products from 1,000 manufacturers. They provide technology products, traditional office furniture, janitorial and break-room supplies and industrial products. 

"We provide technology products, traditional office furniture, janitorial and break-room supplies and industrial products by partnering with the wholesaler; we can deliver any of these products from one of 45 strategically located distribution centers; providing same or next day delivery to more than 90% of the United States. We have a variety of catalogs representing more than 27,000 different items," said Eli Feder, CEO.

"Our innovative marketing methodology allows us to be lean and mean while offering unique programs to the SOHO 'small office/home office' and corporate marketplace. Our management team represents strengths in the office products industry, finance, customer service, and technology."

About The Exchange:, headed by Mr. Peter Schur, brings over 20 years of experience in the fields of investor relations, public relations, investment banking, trading, brokerage, venture capital financing, capital procurement, strategic consulting, private placements, angel investing, mergers and acquisitions, and obtaining growth capital.

About Office SupplyLine: focuses on Sales, Customer Service and Technology by implementing an operational strategy that combines minimal overhead and state of the art technology in the developmental stage. The office products market place is a $100 billion market, mostly consumables. The business is dominated by a limited number of firms: Staples, Office Depot and OfficeMax, with Staples by far the largest player. The balance of the demand is serviced by 16,000 independent office products dealers who buy their goods from independent wholesalers -- United Stationers and S.P. Richards, a div. of Genuine Parts. OSL's founder transformed the office supply industry twice to create billion-dollar-plus companies. We will utilize Chairman Paul Rodman's experience, knowledge and relationships in the industry as he strategized and advised in the creation of one of the largest worldwide office products companies, Staples Inc. We expect Mr. Rodman's vision of a virtual office distributor to transform the industry again.

Forward-looking Statement: Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.

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