SOURCE: Next 1 Interactive Inc.

August 25, 2009 09:15 ET

Next One Interactive Inc. (NXOI) Updates Its Media Business Strategy and Announces Pre-Launch Monthly Commitments of Advertising and Sponsorship Packages Totaling Over $500,000 a Month

WESTON, FL--(Marketwire - August 25, 2009) - Next One Interactive Inc. (OTCBB: NXOI) announces updates in its business strategy. Today, Next One interactive Inc. operates as a multi-platform Media Company created through the merging of Extraordinary Vacation's travel businesses, Home Preview Channel's real estate businesses and Resort and Residence TV Network.

These combined assets have been molded into an innovative new media model that will launch this fall as the Resort and Residence Channel. The network will be enhanced by interactive applications and video on demand, rolling out initially to over 25 million households during q4. The full time network will launch with pre-sales commitments of advertising and sponsorship packages totaling well over $500,000 which does not include the additional revenue from referral and commission fees.

The Network has secured the rights to over 15 programming series all centered on two-verticals-real estate and vacation travel. The company is finalizing agreements with travel and hospitality businesses as well as real estate brokerage firms that complete its multi-tiered revenue platforms.

The Company is completing its distribution agreements with major cable/satellite distributors. Resort and Residence TV will also offer web, radio, mobile and print media platforms. Through the TV network, consumers will have the unprecedented ability to be both entertained and search and/or transact in the travel and real estate arenas. From a romantic get-away, golf or spa vacation, renting a European cottage for an extended stay, buying or selling a time share, selling or buying a new home and lots more. The programming centered on two of the largest consumer passion categories Real Estate and Travel gives advertisers the ability to reach a hyper-targeted audience through a measurable engaging medium. This "on demand" approach delivers significant benefits for consumers and advertisers.

The Next One model is rooted in a new media revenue structure comprised of advertising, sponsorships, commissions and referral fees drawn from its traditional real estate and travel operations. Very few media companies also own operating businesses in the same area as the focus of their media properties. The new media model leverages the media platforms, generating multiple streams of revenue while also promoting and growing its travel and real estate operations. "Next One's executive team believes the revenue from this transactional on-demand model will be significant and can be replicated. We will begin to seek out other content verticals as well as global distribution opportunities," stated Bill Kerby, Vice Chairman and CEO of Next One Interactive Inc.

About Next One Interactive Inc.

Next One Interactive Inc (Next One) is an interactive multi-platform media company specializing in Digital Media with a focus on Travel and Real Estate. Next One utilizes its vertical focus and media expertise to deliver lifestyle transactional content via digital platforms including broadcast. Cable, Satellite, Video on Demand, internet radio, web based social content communities and mobile applications that engage consumers.

Through interactive promotional offerings, referral fees, commissions and hyper-targeted marketing campaigns, Next One Interactive has created a new media model that produces multiple revenue streams including advertising, sponsorships, affinity sales, referral fees and commissions. The new media paradigm builds value for the company and delivers a 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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