News on NXOI http://finance.yahoo.com/news/next-1-pairs-3r...00349.html
Next 1 Pairs with 3RDHome.com to Expand Travel Options and Incentives for Vacation Home Owners
Press Release : Next 1 Interactive, Inc. – 1 hour 10 minutes ago RELATED QUOTES
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FORT LAUDERDALE, Fla., March 22, 2012 /PRNewswire/ -- Next 1 Interactive, Inc. (OTCBB:NXOI.OB - News), 
"Next 1") announced today, it has entered into an agreement with 3RDHome.com to allow Next 1 to offer additional travel options and incentives to both its customers and 3RD Home vacation home owners. www.3RDHome.com was created to fill a need expressed by second home owners to find a safe and trustworthy way to "expand" the use of their second homes without the hassles of renting.
3RD Home enables second home owners to exchange time in their home for stays at premiere luxury destinations world-wide. By depositing weeks in their second homes into the 3RD Home club, members can reserve another great home any time - in advance or at the last minute. Members simply go online, browse, click and instantly reserve their vacations. With hundreds of desirable destinations to choose from and average home values being over $2.5 million, the program offers an exceptional vacation experience.
Next 1 will begin marketing the program under its "Extraordinary Vacation Homes" brand www.exvHomes.com using the 3RD Home intuitive and interactive booking engine. Promotion of the vacation product will be via TV, web, the company's past vacation list and other media programs. During the initial introduction, any new members who sign up from Next 1's marketing campaign will be able to take advantage of their initial vacation home exchange, for free.
Aside from promotion, Next 1 Interactive will be recognized as a preferred partner for providing travel planning, concierge and bookings services through its Maupintour Extraordinary Vacations division to existing members. Additionally Next 1 will begin offering real estate services via its real estate division " Next One Realty ," in the event that 3RD Home members wanted to purchase any of the vacation properties.
"As Next 1 expands in partnerships, our goal is to increase value for existing and future clientele. The 3RD Home program and Next One Interactive services, such as Maupintour and Next One Realty, are an excellent opportunity to do just this. We are excited about introducing our new counterpart, as a unique service, providing a well rounded experience for both company's clientele," says Bill Kerby, CEO of Next 1 Interactive.
Wade Shealy - CEO of 3RD Home, says "we see this agreement as the beginning of a valuable relationship between two companies with great concepts and services and it should clearly allow for extra benefits to our 3RD Home customers."
About 3RD Home
3RD Home was created to fill a need expressed by second home owners to find a safe and trustworthy way to "expand" the use of their second homes without the hassles of renting. 3RD Home enables second home owners to exchange time in their home for stays at premiere luxury destinations world-wide. By depositing weeks in their second homes into the club, members can reserve another great home any time - in advance or at the last minute. Members simply go online, browse, click and instantly reserve their vacations. With hundreds of desirable destinations to choose from, our intuitive and interactive site also allows members to set alerts and reach out to others to plan their getaways.
About Next One Interactive Inc.
Next 1 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:
Next 1 Interactive, Inc.
Direct: 954-888-9779
investorrelations@nxoi.com
