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OLB Group Announces Facebook and Twitter Implementation for the ShopFast Application Portal
GlobeNewswire
2010-02-09


NEW YORK, Feb. 9, 2010 (GLOBE NEWSWIRE) -- OLB Group, Inc.
(OTCBB:OLBG), an e-commerce service provider offering software products
and services designed to help businesses sell products over the
internet, announced today that the company is implementing Facebook and
Twitter setup for every store owner in the ShopFast network. Store
owners will be able to market their product over social networks.

Available by beginning of second quarter 2010, the ShopFast Social
commerce will be able to let store owners market over social networks.

Ronny Yakov, CEO of OLB Group, said of the offering: "Our social
commerce platform is designed to put social networks of services
together with the store owners of ShopFast. As we asked ourselves how
exactly ShopFast could contribute to this rapidly moving space, we
decided that we could address a significant need by providing a live
products environment for the store owners and their clients, by
providing the social network companies interface in ShopFast ."

To be added to the OLBG e-mail database for corporate press releases
and industry updates, please send an e-mail to ir@olb.com.

About The OLB Group, Inc.

The OLB Group is an e-commerce service provider that delivers fully
outsourced private label shopping solutions. We provide our clients
with a seamless, end-to-end e-commerce solution, including site
creation, hosting, transaction processing, order fulfillment, customer
service, sales reporting, as well as a virtual inventory of name-brand
products from top-selling categories on the Internet. Our private label
shopping site is designed to maintain the unique look and feel of our
customer's website, providing seamless e-commerce functionality that
keeps users on the shopping site at all times. Order fulfillment and
customer service are also provided under the brand names of our
clients. We remain invisible to the consumer. Our e-commerce platform
also enables our clients to create their own online marketing
promotions and to customize product content to meet the needs of their
online users. Our turnkey online shopping solutions include "ShopFast
Direct Shopping Database" or "ShopFast DSD" and ShopFast PC (profit
center).

For more information, please visithttp://www.olb.com
,http://www.shopfast.com/ andhttp://www.shopfast.net/



The OLB Group, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6707



Legal Notice Regarding Forward-Looking Statements: "Forward-looking
statements" may be included in this news release. These statements
relate to future events or our future financial performance. These
statements are only predictions and may differ materially from actual
future results or events. The OLB Group, Inc. disclaims any intention
or obligation to revise any forward-looking statements whether as a
result of new information, future developments or otherwise. There are
important risk factors that could cause actual results to differ from
those contained in forward-looking statements, including, but not
limited to risks associated with changes in general economic and
business conditions (including in the information technology
information industry), actions of our competitors, the extent to which
we are able to develop new services and markets for our services, the
time and expense involved in such development activities, the level of
demand and market acceptance of our services, and changes in our
business strategies.


CONTACT: The OLB Group, Inc.
         Ronny Yakov
         212-278-0900
         ir@olb.com




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