The Celtic League Champions have taken the decision as they look to attract even more fans from the rest of the region - including Aberavon, Bridgend and the Valleys - to their new 20,200 capacity home at The Morfa.
Since forming two years ago, the Ospreys have quickly established themselves as Wales' pre-eminent region, blending the traditional Neath-Swansea rivalries into a brand new side which has attracted a remarkable number of core supporters from both teams.
As Roger Blyth, Joint Managing Director of the Ospreys explains, "Over the last two years, we've worked extremely hard to establish a truly regional rugby side. We have a superb set of core supporters from Neath and Swansea and now we really want to reach out to the rest of the region. It is vital for the future of Welsh rugby that all the other professional sides take regional rugby as seriously as we do."
Mike Cuddy, Joint Managing Director, adds, "We've merged two great clubs with differing ideals and visions into one of the most exciting teams Europe. In renaming ourselves as the Ospreys we're showing the whole area, and the whole of Wales, just how committed we are to regional rugby. Furthermore, expanding our fanbase is a vital step if we are to maintain our position as the best team in Wales and it also provides a huge springboard in our quest to win the Heineken Cup."
Porthcawl recently received a WRU facilities grant and funding from Natwest RugbyForce in order to give their changing rooms a facelift. This came after receiving £10,000 in a WRU facilities grant last year to tarmac their car park. The improvements have already helped to make the club more accessible, not only for their own members and players but for the whole community.
The Welsh Rugby Union has launched a new, accredited Safeguarding and Protecting Children course - funded by the WRU and delivered in partnership with Sport Wales and the NSPCC - fo rugby club volunteers around Wales.
The SWALEC semi-final draws threw up some mouth-watering clashes in the Cup, Plate and Bowl as the 12 teams aim for the Millennium Stadium Finals Day. All the semi-finals are to be played on the weekend of April 12.
Welsh whistler Rhys Thomas continues to scale the heights of the game as he prepares to be an official in this weekend's Hong Kong Sevens tournament, undoubtedly the showpiece event on the World Series calendar.
Wales International Ian Evans and Wales and Lions legend Scott Quinnell swapped rugby balls for paint pots at Tonna during the RBS 6 Nations. They surprised club players with a special clubhouse makeover to launch NatWest RugbyForce 2014 - a programme developed in partnership with the WRU to make rugby clubs stronger businesses by improving and renovating their facilities with the support of volunteers and the local community.
Fresh from claiming the Bowl honours in Tokyo last Sunday, the Wales Sevens squad have settled into their routine as they prepare for this weekend's Hong Kong tournament where Iolo Evans is aiming high, as WRU TV's Graeme Gillespie discovers.
The Welsh Rugby Union has recently teamed up with Prostate Cymru to help the charity launch its latest campaign to raise awareness of the disease. Members of the Wales squad helped produce a short video and promotional material for the campaign titled 'The Best Defence - is to know the FACTS'.