SOURCE: Next 1 Interactive Inc.

June 23, 2010 10:48 ET

Next One Interactive Inc. (OTCBB NXOI), Wholly Owned Subsidiary R&R TV Inc., Announces Expansion of the Full-Time Network to a Reach of Over 44 Million Across Key US Markets

FT LAUDERDALE, FL--(Marketwire - June 23, 2010) -  R&R TV, a wholly owned subsidiary of Next One Interactive Inc. (OTCBB: NXOI),  announced today that it has reached an agreement with Edison Broadcasting to expand the distribution of its full-time programming network "R&R," reaching additional population of over 15 million people in key television markets. This Network expansion will be completed in the next few months and will include key markets in the eastern region of the United States on broadcast stations that are operated by Edison Broadcasting. The broadcast stations that R&R will be programming full time include: New York City Channel 23, reaching a population of over 7.1 million; Dallas Fort Worth Channel 44, reaching a population of over 4.5 million; Virginia Beach Channel 30, reaching a population of over 1.8 million; Jacksonville, Florida Channel 45, reaching a population of over 1.8 million; Tallahassee, Florida, reaching a population of over 350,000; and Plattsburgh Burlington, Vermont, which includes those outside the key hub, reaching a population of over 300,000. "Working with Edison Broadcasting and their existing relationships in these markets should also allow us to secure additional cable distribution of the network in many of these markets," stated Wendy Johnson, President of R&R TV. 

Deepak Viswanath, Managing Director of Edison Broadcasting, stated, "We are very excited to have our broadcast stations carry the R&R TV lifestyle programming focused on travel and real estate, including all of the interests and activities our viewers pursue whether they are home or away."

Programming these broadcast stations also provides a great opportunity for R&R TV to present family focused content that meets the needs of the people who live in the community and gives the R&R TV sales group the opportunity to offer local marketers advertising and sponsorship opportunities. The first station that R&R TV will be carried on will be Dallas Fort Worth, followed shortly by the New York area station. Distribution on the other Edison broadcast stations is targeted for completion over the next few months.

About Next One Interactive Inc.
Next 1 Interactive Inc. (OTCBB: 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 R&R TV network, the company delivers 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 targeted 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.

Safe Harbor Statement
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 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

    Programming, Sponsorship, Distribution
    Wendy Borow Johnson
    President R&R TV
    Tel: 954-734-8985
    Fax: 954-888-9082

    Investor relations
    John R. Exley III
    Direct: 678-368 4002