Agreement Expands Collegiate Product Offerings to Ladies and
Youth, Cuts Lead Times in Half and Increases Number of Schools from 50
to 107
CHATTANOOGA, Tenn.--(Business Wire)--
Next Inc. (OTCBB:NXTI), an emerging leader in the sportswear
products industry, today announced that it has signed a new
merchandising agreement with GSI Commerce (www.gsicommerce.com).
GSI Commerce(R) is a leading provider of services that enable
e-commerce, multi-channel retailing and interactive marketing for
large, business-to-consumer (b2c) enterprises in the U.S. and
internationally. The company delivers customized e-commerce solutions
through an e-commerce platform, which is comprised of technology,
fulfillment and customer care. GSI offers each of the platform's
components on a modular basis, or as part of an integrated, end-to-end
solution. GSI also offers a full suite of interactive marketing
services through two divisions, gsi interactive(sm) and e-Dialog Inc.
John Gonsalves, GSI Commerce Divisional Merchandise Manager
stated, "We are very excited about expanding our product offering with
Next Marketing. The quality, flexibility and depth of product fit
perfectly with our wide sporting goods customer base."
Robert Budd, Next Inc.'s CEO stated, "We are pleased to have
signed this new agreement with GSI Commerce. We are actively working
with them to develop and implement multiple new strategies that are
expected to increase business. Under the new agreement, we've
successfully cut lead times from an average of 5 to 7 days down to 2
to 3 days while expanding our collegiate offerings to both ladies and
youth. Importantly, we've also expanded the number of school offerings
from 50 to 107."
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
imprinted sportswear primarily through major college and university,
motor sports and other major promotional key licensing agreements and
the Company's own proprietary brands. Next is one of the dominant
players in the highly fragmented imprinted sportswear industry.
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.
Next, Inc., Chattanooga
Jason Assad, 423-296-8213 Ext. 113
jassad@nxt-inc.com
Copyright Business Wire 2008
