SOURCE: Next 1 Interactive Inc.

March 03, 2010 10:12 ET

Next 1 Interactive Inc.'s (NXOI OTCBB) Resort and Residence Television Network Celebrates Launch With 'PRIZE-A-DAY GIVE-AWAY'

FT. LAUDERDALE, FL--(Marketwire - March 3, 2010) - Resort and Residence Television Network, a Next 1 Interactive company (OTCBB: NXOI), is celebrating the launch of the network with a host of surprises for viewers. The network has been on the air since November 6th and focuses on two passion categories, travel and home/real estate. The network is now in the process of refining its initial programming line-up and is reaching out to its viewers with a 'PRIZE-A-DAY GIVE-AWAY.' Viewers will be directed from the network to the Resort & Residence TV website www.resortandresidencetv.com for a chance to win a variety of different prizes ranging from cooking lessons with Gen of R&R's Gen's Guiltless Gourmet series, a golf outing with Brad Ewart, a trick shot golf pro and host of R&R's The Golf Show to free cruises, resort vacations, and travel accessories.

"The network is committed to viewer engagement including viewer polling, viewer produced specials, interactive TV applications with coupons, special offers and more. The network is also producing video on demand programs and new web applications to further engage our TV audience," stated Wendy Borow-Johnson President of Resort and Residence TV.

"We are very excited about our 'one-a-day give-away' as a way to further solidify our relationship with our viewers," stated Tom Armstrong, VP Sales & Marketing. Both on the TV network and online, the network offers viewers home design, home improvement, real estate and travel tips with great value deals on travel. "The 'one-a-day give-away' is another way to drive viewers to www.resortandresidencetv.com and grow the community that is passionate about Travel and Real Estate," concluded Tom Armstrong, VP of Advertising Sales.

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.

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