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Next One Interactive Inc. (OTCBB: NXOI) and RealBiz360 Inc. Partner to Provide Video Enhanced Real Estate Listings Distributed
FT LAUDERDALE, FL--(Marketwire - July 19, 2010) - Next One Interactive Inc. (
By combining Next One Interactive's R&R TV broadcasting and video outlets with RealBiz360's VuVista Suite products, real estate brokers and agents will now have the ability to promote their home listings through a growing list of Video On Demand Cable, IPTV and satellite outlets, as well as on-the web, thereby greatly expanding their market reach. This service will be first of its kind where realtors can utilize an automated publishing program to expand their listing viewership through major internet websites as well as on television. The virtual tour and video assets can be produced automatically for both online and television purposes in any required format. This allows the companies to market the product to any interested on-line entity or television platform offering extremely attractive revenue opportunities for all parties involved.
Through this new strategic partnership, Next One Interactive and RealBiz360 will be able to provide a video based real estate marketing service that can be expanded globally to any viable market. Additionally the partnership will allow Next One to accelerate the implementation of its exclusive national VOD real estate network with Comcast known as "Home TV on Demand" into all 70 markets nationwide by the end of September.
Consumers today are relying more and more on video footage for both selling and buying real estate. According to NAR profile of Home Buyers and Sellers Report, 84% of sellers prefer an agent who uses video to market their home, and on average, a listing with video footage receives roughly 150% more views than listings without video footage.
"We feel strongly that these new, cutting edge services will allow real estate brokers and agents to utilize a more competitive advantage when marketing and selling homes, while providing a much needed service to consumers to have more information in compelling video formats available to them when and where they want and need it when making a home buying decision," stated Bill Kerby, Chief Executive Officer of Next One Interactive Inc.
The combination of Next One Interactive's ability to distribute Video on Demand with RealBiz360's pre-existing video and online services will create a whole new opportunity for the real estate industry, providing high resolution videos directly to consumers' televisions at home, making the process of buying or selling a home much easier.
"Today's home buyers want more than just text listings. They use the internet and seek out reach media. The Real Biz 360 Automated on Demand Rich Media tool is proving to be a tremendous marketing benefit to our real estate clients. We believe that adding Video On-Demand home listings delivered over cable and satellite platforms creates a new dimension in the marketing of real estate that benefits both the industry and consumers," said Steve Marques, President and CCO, RealBiz360.
About Next One Interactive Inc.:
Next One Interactive Inc. (NXOI) is a multi faceted media company specializing in Travel and Real Estate. Next 1 delivers targeted content via digital platforms including Satellite, Cable, Broadcast, Broadband and mobile. Along with the full time R&R TV network, the company delivers its content and sponsors' messages on Video on Demand outlets and through advanced interactive TV applications and in customized print publications. In today's digital market Next One Interactive delivers targeted entertainment and information to consumers. The company's targeted verticals of real estate and travel and its multi-platform media strategy creates the opportunity for 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. For more information, please visit: [ www.nxoi.com ]
About RealBiz360 Inc.:
RealBiz360, Inc., a subsidiary of iseemedia Inc., is the leading provider of Image Content Management Solutions for rapidly delivering high-quality images over the Internet. RealBiz360's advanced immersive imaging technology enables fast and efficient high resolution imaging, panoramic viewing, and image interaction for professional and enterprise requirements. Realbiz360's VuVista solution transforms images from mere pictures to powerful tools that communicate and invite hands-on participation for an immersive experience. This revolution in imaging changes the way consumers interact with images and provides new visual solutions for the Real Estate Industry. For more information, please visit: [ www.realbiz360.com ]
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 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.