SOURCE: Next One Interactive, Inc.

November 28, 2011 08:30 ET

NXOI Launches Next 1 Network With Premiere Communications

FORT LAUDERDALE, FL--(Marketwire - Nov 28, 2011) - Next 1 Interactive, Inc. (OTCBB: NXOI) (the "Company"), parent company to Next 1 Network (www.n1n.tv), is pleased to announce it has secured a National Cable Television distribution contract with Premiere Communications for Next 1 Network. This agreement will initially increase the Next 1 Network's reach to over 9 MM households including channel positioning in multiple cities on the Nation's top three leading Cable MSOs with scheduled launch for December 1, 2011. A key benefit to this agreement is the current household distribution of Premiere Communications which will allow Next 1 Network to reach into markets that allow for the cross promotion of its Video On Demand content. Currently the Company has both Real Estate and Travel VOD programs available through two cable operator systems.

Key parts to the Next1/Premiere agreement include bringing Steven Conduit, founder of Premier Communications, onto the Company's advisory board to actively work with the Company towards rolling out and expanding the Next 1 Network. Mr. Conduit's history as founder & president of WizeBuys resulted in his building out WizeBuys into a premiere transactional network distributing to 50 MM households. As an initial investment to cover distribution and startup Network costs, Premier Communications will take an equity interest in Next 1 Interactive, Inc.

"I am pleased to contribute my experience to Next One Interactive as I believe that Next 1 Network has an unduplicated model of transactional programming for the Real Estate and Travel Industries which will offer great value to our expanding National cable viewing audience," says Steve Conduit, CEO of Premiere Communications.

"We are very excited to have someone of Steve Conduit's caliber join with us as we roll-out our solutions for Real Estate & Travel and or development of our Network," says Next 1 CEO Bill 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 One Interactive 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

  • Contact:
    NXOI Corporate Headquarters
    Next 1 Interactive, Inc.
    Direct: 954-888-9779
    Email Contact