Pan Asia Investment and Management Company Acquires Stake in NexxNow, Inc.

* Reuters is not responsible for the content in this press release.

Tue Jul 22, 2008 8:30am EDT

Chinese Investment Company To Support NexxNow's Initiative to Enter Chinese
Sports Market

BUFFALO, N.Y., July 22 /PRNewswire-FirstCall/ -- NexxNow, Inc.
(OTC Bulletin Board: NXXN), a sports media and marketing company, today
announced that Pan Asia Investment and Management Company, an investment firm
located in Dalian, China has acquired a 4% stake in the Company. The alliance
will allow for Pan Asia to represent NexxNow in its efforts to penetrate the
Chinese sports and broadcasting markets.
    Under this agreement, Pan Asia and its President Dr. Lo Jen Fu will assist
the company in the formation of its Chinese Advisory Board. Pan Asia will
focus its efforts in the pursuit and formalization of providing televised
Professional Basketball contests to the 300 million plus basketball fans of
China and the creation and launch of a Chinese NexxNow Internet presence
utilizing the company's proprietary ACE technology. The agreement provides Pan
Asia incentives to leverage NexxNow's ACE technology into $1 million of
Chinese media inventory in 2008 and $4 million in 2009.
Paul Riley, CEO of NexxNow, Inc. stated, "Pan Asia's involvement provides
NexxNow a solid foundation and strong presence in the People's Republic of
China. The experience, knowledge and established relationships they provide
are invaluable. The Pan Asia Management Team allows us the opportunity to
accelerate the pace upon which NexxNow can achieve its goals. I am honored by
their involvement."
    About NexxNow, Inc.
    NexxNow, Inc. is a diversified Sports Media and Marketing Company that
Provides technologically powered multi-media ad platforms to
National/International Advertisers.  NexxNow China, Inc. (Subsidiary) is
pursuing the television broadcast of professional sporting events to China.
    Information on the company and a fact sheet can be found on
http://www.nexxnow.com.
    Forward-Looking Statement:
    This release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All forward-looking statements
are inherently uncertain as they are based on current expectations and
assumptions concerning future events or future performance of the company.
Readers are cautioned not to place undue reliance on these forward-looking
statements, which are only predictions and speak only as of the date hereof.
In evaluating such statements, prospective investors should review carefully
various risks and uncertainties identified in this release. These risks and
uncertainties could cause the company's actual results to differ materially
from those indicated in the forward-looking statements.
     CONTACT INFORMATION:
     Market Vision Consulting, Inc.
     Robert Gartzman
     Phone (561) 447-7177

SOURCE  NexxNow, Inc.

Robert Gartzman of Market Vision Consulting, Inc., +1-561-447-7177, for
NexxNow, Inc.
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