SOURCE: Next 1 Interactive Inc.

December 02, 2009 00:05 ET

Resort & Residence Television Network Signs Elite Island Resorts to Half Hour Program With Vacation Bookings in Prime-Time

FORT LAUDERDALE, FL--(Marketwire - December 2, 2009) - Resort & Residence TV, a wholly owned subsidiary of Next 1 Interactive (OTCBB: NXOI), announces a partnership with Elite Island Resorts, a premier group of beachfront resort properties in the Caribbean, for half hour primetime program.

Elite Island Resorts will feature their Antigua properties, The Verandah Resort and Spa, The St. James's Club and Villas and Galley Bay Resort and Spa. In addition, the show will take Resort & Residence TV viewers on a tour of Antigua, the largest of the British Leeward Islands. The tour will include a rich history of the island's historic landmarks, culture, customs and vibrant personalities.

"Resort & Residence Television Network represents a new generation of television," stated Steven Heydt, President of Elite Island Resorts. "Their ability to deliver 24/7 interactive applications represent a very exciting opportunity to engage viewers and stimulate sales. We look forward to being a part of the next wave of television viewing."

"The selection of Resort & Residence TV by Elite Island Resorts to produce a show centered on their luxury resorts and allow the network to offer Elite Resort vacation packages supports the network's business model of multiple revenue streams," stated Wendy Borow-Johnson, President of Resort & Residence TV. "Our goal is to deliver first class content about vacation destinations and real estate that is entertainment enhanced by interactivity that drives consumers to take action," concluded Ms. Borow-Johnson.

About Next 1 Interactive Inc.

Resort & Residence Television Network, is a 24/7 programming network enabled with video on demand and interactivity. It is wholly owned by Next 1 Interactive Inc. (OTCBB: NXOI) The company 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 & 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.

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