SOURCE: Next 1 Interactive Inc.

March 14, 2011 08:30 ET

NXOI Completes First Group Sale for "R&R Advantage Members"

FORT LAUDERDALE, FL--(Marketwire - March 14, 2011) - Next One Interactive, Inc. (NASDAQ: NXOI) announces its first Group Sale of "R&R Advantage" Memberships. The Company has reached agreement with a Casino Resort for an initial purchase of 800 Advantage memberships, for $84,000 under a trial program for the Month of April. The Casino plans to use the memberships as an incentive program for its V.I.P. guests and based upon the success rate for April, is considering running the program for 12 months of the year.

On June 1, 2010, the Company announced it was rolling out the "R&R Advantage Membership Program" which was designed to allow its members access to world class vacations at wholesale pricing. At that time, NXOI's, "R&R TV," began allowing advertisers to trade discounted travel products and services for advertising time on its television network. The discounted products were, in turn, made available under the R&R Advantage Membership Program.

This distinctive approach to the program both promotes and protects travel advertisers by creating awareness of their products while restricting the resale of deep discounted travel products to R&R Advantage members, only. Additionally, the approach has created a truly valuable product offering for large groups and corporations.

"It is gratifying to see our first Group sale for the R&R Advantage program. This transaction highlights the Networks' unique ability to not only attract companies to exchange excess travel products for advertising, but also incentivize and attract larger groups for a cash buy-in to the R&R program. In addition to targeting larger group sales, the Company plans to expand the 'R&R Advantage' program to allow for auctioning of unsold travel inventory to its Members, at the end of each month," says William Kerby, CEO of Next One Interactive.

This first endorsement is a well-deserved indication towards greater revenue, based on Next One's continuous journey toward building a company that expands new vantage points in travel and real estate by utilizing its strategic relationships and promoting them across multiple platforms such as Television, Mobile and Internet.

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 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 One 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.

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.

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