SOURCE: Next One Interactive Inc.

November 10, 2010 13:30 ET

Next One Interactive Appoints Derek Reisfield Senior Advisor and Acting President of R&R TV Network

FORT LAUDERDALE, FL--(Marketwire - November 10, 2010) -   Next One Interactive, Inc. (OTCBB: NXOI), a provider of travel and real estate services, appoints Derek Reisfield Senior Advisor and acting President of its television network R&R TV, a wholly owned subsidiary of Next One Interactive.

R&R TV is an interactive cable TV service available in over 28 million homes, across the United States, which specializes in travel and real estate programming.

"Derek comes on board with strong founding and leadership qualities necessary for opening new doors as we take the R&R TV Network to the next level," stated Bill Kerby, CEO of Next One Interactive. "His strategy and development expertise in Internet, Media, Telecommunications and Consumer Products are key assets we expect to benefit from as he structures new opportunities for R&R TV."

Reisfield has a successful track record in both the television and the Internet industries. He served as Vice President of Business Development of The CBS Corporation and the founding President of CBS' Digital Media Division. He was the Co-Founder & Chairman of MarketWatch, a leading financial news and information company. Additionally, Reisfield served as Executive Vice President and CFO of Fliptrack, Inc., the leading smart phone social games company. Most recently, his leadership includes founding and serving as Chairman of BBN Networks, the largest Business-to-Business Digital Advertising Network.

In his new role as Senior Advisor and acting President of R&R TV Network, Reisfield will focus on improving strategies for both linear and interactive aspects of the Network by bringing in new programming content and improving strategic relationships/partnerships. Additionally, strategies for 2011 include significant progress in distribution, marketing, operations, staffing, budgets and financing. 

"Next One Interactive has assembled a number unique assets to enable interactive travel, lifestyle and real estate businesses, and I look forward to working with the team to solidify the company's business and build a successful enterprise," stated Derek Reisfield.

About R&R TV

R&R TV (a division of Next One Interactive) is an interactive cable TV service available in over 28 million homes across the United States which specializes in travel and real estate programming.

About Next One Interactive Inc.

Next One 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 R&R TV network, the company delivers its content and sponsors' messages on Video on Demand outlets, enhanced by interactive applications. The company also provides content in customized print publications. In today's digital market, Next One Interactive delivers both targeted information and entertainment to consumers. The company has created multiple revenue streams, including transactional commissions, referral fees, branded content, advertising, and sponsorship. The multiple revenue streams, delivered on integrated media platforms, allow for measurable return on investment to its advertisers, sponsors and business partners. For more information, please visit www.nxoi.com

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 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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