SOURCE: Next One Interactive, Inc.

August 26, 2011 17:00 ET

Next 1 Welcomes Don Monaco to the Board of Directors

FORT LAUDERDALE, FL--(Marketwire - Aug 26, 2011) - Next 1 Interactive, Inc. (OTCBB: NXOI) announced today that Don Monaco has joined the Next 1 Interactive Board of Directors. This is an exciting time for Next 1 as we continue to build value and move forward with initiatives in the Real Estate, Travel and Media Industries.

In addition to joining the Board of Directors, Mr. Monaco has reviewed the Next 1 real estate platform and has increased his investment to ensure a sound footing for the launch of this sector. As we move forward, we anticipate that Mr. Monaco will bring an exceptional vision from his vast experience and involvement with business management and information technology.

Mr. Monaco brings to Next 1 a history of remarkable contributions including 18 years as a partner and senior executive and 28 years as an international information technology and business management consultant with Accenture, in Chicago. Additionally, Monaco is principal owner of Monaco Air Duluth, LLC which is a full-service, fixed-base operator aviation services business at Duluth International Airport serving airline, military, and general aviation customers. He received both a Master's and Bachelor's degree in computer science engineering from Northwestern University in Evanston, Illinois.

In addition to holding a commercial pilot certificate, Monaco also currently serves as a commissioner on the Metropolitan Airports Commission (Minnesota Governor appointee), a commissioner and Vice-President of the Duluth Economic Development Authority (Duluth Mayor appointee), President of the Monaco Air Foundation, Secretary-Treasurer of the Miller-Dwan Foundation, Treasurer of Honor Flight Northland, Treasurer of the Duluth Aviation Institute, Co-Chair of the Northern Aero Alliance, and a member of Lake Superior College's Center for Advance Aviation Steering Committee.

"Our Company and the Board of Directors are very pleased to receive Mr. Monaco's expertise and financial support, as with it he has increased the potential for success and ease in launching our Real Estate platform," says CEO William Kerby.

About Next 1 Interactive, Inc.
Next One Interactive, Inc. (NXOI) is a multi faceted media company specializing in Travel and Real Estate. Next 1 plans the delivery of targeted content via multiple digital platforms including Satellite, Cable, Broadcast, Broadband and mobile. In today's digital market Next 1 delivers information and entertainment to consumers. The company business plan calls for multiple revenue streams from real estate and travel content delivery 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 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

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    Direct: 954-888-9779
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