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Next Inc. Ranked Number Fifteen in the Major Collegiate Licensing Program
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NXTI
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--March 22, 2006--Next Inc. (NXTI - news) today announced that the company's licensed college sportswear program has been ranked as one of the top-selling companies in the Collegiate Licensing Company's rankings dated reported October 1, 2005 through December 31, 2005. The Collegiate Licensing Company ("CLC"), according to its most recent rankings, announced that Next Inc. has claimed the 15th position among some of the "major distributors" such as Nike USA(R), Champion(R) and Russell(R). CLC is the exclusive licensing agent for more than 200 colleges, universities, bowls, and conferences, as well as the NCAA and The Heisman Trophy. Next has accumulated approximately 200 licenses and agreements to distribute its College Wear line for almost all major college and universities. The collegiate licensed program features infants, toddlers, juvenile and youth size ranges, further enhancing our men's and women's lines and expanding the College Wear program. Next and Lil Fan College Wear licensed products have been well accepted in its national retail and specialty merchants' customer base. About Next Inc. http://www.nextinc.net Next, Inc. is a creative and innovative sales and marketing organization that designs, develops, markets, and distributes licensed and branded promotional products and imprinted sportswear primarily through major college and university, motor sports and other major promotional key licensing agreements and the Company's own proprietary designs. Next is one of the dominant companies in the highly fragmented licensed promotional products and imprinted sportswear industries. The company has expanded its distribution to include e-commerce through which a significant amount of the Company's most popular licensed products is marketed. The most significant are: www.campustraditionsusa.com,www.rpmsportsusa.com,www.americanbiker.com and www.americanwildlifeusa.com. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which contains a safe harbor for forward-looking statements. The Company relies on this safe harbor in making such disclosures. The statements are based on management's current beliefs and assumptions about expectations, estimates, strategies and projections. These statements are not guarantees of future performance or results and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements.
Contact: Next, Inc., Chattanooga Jason Assad, 423-296-8213 Ext. 113 jassad*nxt-inc.com
Posts: 249 | From: NY | Registered: Mar 2006
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Absolutely,the financials are coming out second week of april,thuis was just added information on the company. Next Inc. (OTCBB: NXTI) an emerging leader in the sportswear and promotional products industry today announced that it intends to hold a conference call when it announces its fiscal first quarter results for the three months ended February 28, 2006, to be released approximately the second week of April. The Company will provide investors with further details in upcoming weeks.
Jason Assad, Director of Investor Relations stated, "In light of the recent changes to Next Inc.'s management team and the new initiatives associated with these changes, we feel it's appropriate that we take this opportunity to communicate with our shareholders. We intend for this call to be a way of providing them with the details of our turnaround to profitability as well as providing them with an avenue to ask questions. Although it's clear our goals are very much aligned with our shareholders due to the significant insider holdings, we understand that pro-active communication is paramount to maintain shareholder confidence.
Robert Budd, the Company's CEO, stated, "Since I joined the Next team, we have worked diligently to make the necessary changes to drive bottom line profitability for the Company and our shareholders. To date, we are seeing tangible results that should start to be evident in upcoming quarters. Having now had some time to entrench myself in the daily operations and focus on improving the Company's fundamentals, I feel it very important to introduce myself to the investment community and our loyal shareholders."
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