SOURCE: Next 1 Interactive Inc.

November 13, 2008 10:00 ET

Next 1 Interactive Inc. Announces New Board of Directors and New Trading Symbol

FT. LAUDERDALE, FL--(Marketwire - November 13, 2008) - Next 1 Interactive Inc. (OTCBB: NXOI) announces the appointment of new Directors and Officers, and announces the new trading symbol "NXOI."

The company will trade on the OTCBB exchange; the new symbol "NXOI" represents the company's new name.

Next 1 Interactive Inc.'s (Next 1) management team includes professionals from the travel industry; the broadcast and cable television industries (aka "video"); Internet advertising development and sales; interactive television (e.g., video-on-demand); radio broadcasting; computer programming and platform development. This unique combination of skill sets assembled by Next 1 represents a major competitive advantage in the pursuit of Company objectives. Next 1 has effectively created a dynamic team providing comprehensive marketing services which combine the best of old media with cutting edge new media to the benefit of the company's clients and advertisers.

The Board of Directors are comprised of 3 insiders and 1 outsider: James Whyte is Chairman of the Board; Bill Kerby is Vice Chairman and CEO; Anthony Byron is COO and Director; David Fisher is CFO; Brad Heureux is CMO and Director. This seasoned team will provide the direction and success of the company.

About Next 1 Interactive Inc.

Next 1 Interactive Inc. (Next 1) is an interactive media company specializing in the Digital Media with a focus on Travel and Lifestyle. Next 1 utilizes its online and offline expertise to deliver relative content via digital platforms including broadcast and interactive television, terrestrial and internet radio, advertising verticals, broadband and on-demand video resulting in highly targeted, significant consumer traffic driven to a shared-interest community environment. Next 1 connects consumers to the brand instead of driving the brand to consumers. Through integrated, interactive promotional offerings and targeted marketing, our customers reach and engage desirable consumers. Next 1 Interactive delivers value in an on-demand world.

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.

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