SOURCE: Next 1 Interactive Inc.

August 18, 2010 10:50 ET

Next One Interactive's R&R TV Added to M3X Media's GRUVME Service Beta Launch

FT. LAUDERDALE, FL--(Marketwire - August 18, 2010) -  Next One Interactive Inc. (OTCBB: NXOI) announces that its linear travel and real estate channel R&R TV has been selected to be part of M3X Media GRÜVME Multimedia Service, 10 channel beta launch scheduled in September of 2010.

The M3X cutting edge multimedia service will provide an unrivaled user experience to include, linear television, VOD, music, music videos, movies, radio stations, shopping, e-books and more. The content as selected by M3X will be assessable through its GRÜVME web portal and made available to subscribers initially in the United States upon its inaugural launch and then made available as proposed by M3X in other parts of the world. The content offerings will include the best of premium content including some M3X proprietary content not available anywhere else on the Internet.

Over five years of extensive research and development have helped M3X to create a sophisticated digital content distribution platform creating a truly convergent lifestyle service for today's complex content user. "We are excited to have R&R TV as part of our 10 channel beta launch," stated Jim Devericks CEO of M3X Media Inc. 

The M3X beta launch supports the strategy of having R&R TV available to viewers on whatever platform they select -- cable, satellite, broadband, IPTV and mobile. "Being one of the first full time channels delivered to mobile users we believe will be attractive to sponsors and advertisers looking for customers who while on the move seek out lifestyle content focused on travel and real estate," stated Wendy Johnson President of R&R TV.

www.rrtv.com

About Next One Interactive Inc.

R&R TV is a wholly owned subsidiary of Next 1 Interactive Inc. (NXOI) is a multi faceted media company specializing in Travel and Real Estate. Next One 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 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 One Interactive delivers information and entertainment to consumers. The company has created multiple revenue streams including transactional commissions, referral fees, advertising, branded content 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 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

  • CONTACT:
    Programming, Sponsorship, Distribution
    Wendy Borow Johnson
    President R&R TV
    Tel: 954-734-8985
    Fax: 954-888-9082
    E-mail: wjohnson@rrtv.com

    Investor relations
    John R. Exley III
    Direct: 678-368 4002
    E-mail: JRE@acornmanagementpartners.com