Next 1 Interactive, Inc. (OTC.BB: NXOI.OB – News)

Next 1 Interactive, Inc.   (OTC.BB: NXOI.OB – News)

The best known of the divisions for NXOI is the R&R TV Network. At its peak the Network reached a potential viewership base of close to 30 million households and carried significant programming content for both travel and leisure. The Company’s goal from inception had been to grow the distribution of the R&R Network to a targeted 50 million households. Upon achieving this goal the network would:

1) Serve as a key driver for Video on Demand (VOD) and
2) Capture significant advertising revenue due to the reach.

Next 1 Interactive, Inc.   (OTC.BB: NXOI.OB – News) announced today that Don Monaco has joined the Next 1 Interactive Board of Directors.   This is an exciting time for Next 1 as we continue to build value and move forward with initiatives in the Real Estate, Travel and Media Industries.

In addition to joining the Board of Directors, Mr.   Monaco has reviewed the Next 1 real estate platform and has increased his investment to ensure a sound footing for the launch of this sector.   As we move forward, we anticipate that Mr.   Monaco will bring an exceptional vision from his vast experience and involvement with business management and information technology.

Mr.   Monaco brings to Next 1 a history of remarkable contributions including 18 years as a partner and senior executive and 28 years as an international information technology and business management consultant with Accenture, in Chicago.   Additionally, Monaco is principal owner of Monaco Air Duluth, LLC which is a full-service, fixed-base operator aviation services business at Duluth International Airport serving airline, military, and general aviation customers.   He received both a Master’s and Bachelor’s degree in computer science engineering from Northwestern University in Evanston, Illinois.

In addition to holding a commercial pilot certificate, Monaco also currently serves as a commissioner on the Metropolitan Airports Commission (Minnesota Governor appointee), a commissioner and Vice-President of the Duluth Economic Development Authority (Duluth Mayor appointee), President of the Monaco Air Foundation, Secretary-Treasurer of the Miller-Dwan Foundation, Treasurer of Honor Flight Northland, Treasurer of the Duluth Aviation Institute, Co-Chair of the Northern Aero Alliance, and a member of Lake Superior College‘s Center for Advance Aviation Steering Committee.

“Our Company and the Board of Directors are very pleased to receive Mr.   Monaco’s expertise and financial support, as with it he has increased the potential for success and ease in launching our Real Estate platform,” says CEO William 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 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.

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