Kuali Open Library Environment is the first Library Management System designed by and for academic and research libraries. Focused on the management and delivery intellectual information, it's being built by a community of higher education partners working together and supporting each other. In this discussion we'll review the LMS itself as well as a quick demonstration of the base application. Additionally we'll talk about where Kuali OLE is with its current release, where Kuali OLE is with current implementations, where Kuali OLE is going with future releases. Discussion will include the progress and lessons learned thus far using this application.