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Next Inc. Inks Agreement with GSI Commerce
CHATTANOOGA, Tenn.-(Business Wire)-May 1, 2008 - 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.
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