Message #14 From:
NewsBot Date: November 28, 2005 02:47:00 AM
NXTI News Next Inc. Ranked Number Seventeen in the Major Collegiate Licensing Program
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov. 28, 2005--Next Inc. (OTCBB: NXTI) today announced that the company's licensed college sportswear program has again been ranked as one of the 25 top-selling companies on the Collegiate Licensing Company's ranking for the period covering July 1, 2005 to September 30, 2005.
The Collegiate Licensing Company ("CLC"), according to its press release dated November 15, 2005, announced that Next Inc. has claimed the 17th position among some of the "major distributors" such as Nike USA(R), Champion(R) and Adidas(R). The Collegiate Licensing Company is the oldest and largest collegiate licensing agency in the nation. CLC currently represents more than 200 colleges, universities, bowl games, athletic conferences, The Heisman Trophy, and the NCAA including the Men's and Women's Final Four, the College World Series, and all NCAA Championships.
Mr. Robert Budd, the Company's CEO, stated, "We are pleased to be named by the Collegiate Licensing Company as one of the leaders in the sportswear and promotional products industry. Our collegiate business has long been an important facet of our business providing a strong foundation for the Company. Although we're proud of this ranking, it is one of my goals to improve upon it."
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.
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.
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.
