SOURCE: Next 1 Interactive Inc.

November 20, 2009 14:59 ET

Next 1 Interactive, Inc. Announces Its Resort and Residence Television Network Is Airing Programming on Travel and Real Estate Now

FT. LAUDERDALE, FL--(Marketwire - November 20, 2009) - Next 1 Interactive Inc. (OTCBB: NXOI) has announced Resort and Residence Television Network, a 24/7 programming network, is completing its first two weeks on the air. The network focuses on two consumer passion categories, Travel and Real Estate. The initial launch of the network is in over 21 million households, available on satellite and cable. By the end of Q1 2010 the network will be distributed to 40 million subscribers.

The network is fully programmed with programming that explores the world's best vacation destinations, resorts, entertainment and activities around the world... from wine collecting, great chefs, skiing, golf, hunting fishing and more. The programming wheel also features real estate programming highlighting luxury homes complete with luxury lifestyle with a connection to the real estate broker who has the listing. In addition to real estate, the programming includes home décor, landscape architecture, green living, antique collecting and home improvement projects, from sponge painting to building your outside terrace and patio. In 2010, the network will offer full interactive applications so that viewers will be able to request information, enter promotions and sweepstakes and book vacation travel with just the click of the remote control.

"Currently, the network has contracted with over 30 producers in the US and Canada and is placing 36 programming series into the line-up," stated Wendy Borow Johnson, President of Resort and Residence. "The Network is in discussions with a number of other producers who have series centered around house and home, gardening, green living, cruise life, great party destinations and more. Along with programming, the network's sales team has signed contracts with over 40 advertisers. We are very pleased with the response we are getting from viewers, producers and advertisers in our first week of operation and we are optimistic that the strength of the network in terms of both its programming and revenue generation will continue to grow over the next 30 days."

Next 1 Interactive Inc. (NXOI) is a multi faceted media company specializing in Travel and Real Estate. Next 1 delivers targeted content via digital platforms including Satellite, Cable, Broadcast, Broadband and mobile. Along with the full time Resort and Residence TV network, the company will deliver its content and sponsors' messages on Video on Demand outlets enhanced by interactive applications. The company also provides content on terrestrial and internet radio and in customized print publications. In today's digital market Next 1 Interactive delivers information and entertainment to consumers. The company has created multiple revenue streams including transactional commissions, referral fees, advertising and sponsorship. The multiple revenue streams and integrated media platforms allow for the delivery of measurable return on investment to its advertisers, sponsors and business partners.

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

Contact Information