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Online Sales Strategies Inc. Signs an Area Development Agreement for Phoenix, Arizona

Posted on: Tuesday, 24 January 2006, 18:00 CST

Online Sales Strategies, Inc. (Pink Sheets:OSSG) ("the Company") announced today that its subsidiary, The Online Outpost Licensing Corporation, has signed an Area Development Agreement for the city of Phoenix and surrounding areas. The Area Development Agreement (which includes revenue sharing with the developer) grants (for a fee) the rights to a territory and sets forth performance requirements to develop an area's potential, based upon the market size of the territory. The agreement with respect to Phoenix contemplates a minimum of eleven (11) stores opening over the next thirty-six (36) months.

About Online Sales Strategies, Inc.

Online Sales Strategies mission is to become a leading provider of all necessary resources to successfully manage and operate online sales and software related businesses. Online Sales Strategies, Inc. makes auctioning online easy for individuals and businesses. Online Outpost franchise locations offer an easy and convenient way to sell items online. The concept is a store where customers can take advantage of a service and turn unwanted items into cash. Online Outpost stores handle the entire selling process whether it is one or many items, a small piece of jewelry, electronics, vehicles or even real estate. The software package offered to franchisees allows stores to manage all aspects of the business from customer management, listing, auction templates, image hosting, shipping and reporting all from one interface and has been certified as an eBay compatible application. For more information, please visit our website at http://www.onlinesalesstrategies.com.

Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of Online Sales Strategies, Inc. officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act). Forward-Looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes,""anticipates,""intends,""plans,""expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future Online Sales Strategies, Inc. actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-Looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and Online Sales Strategies, Inc. has no specific intention to update these statements.

Source: Business Wire

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