Next Inc. Secures Top Ranking for Ford Motor Company Apparel Sales; Company Currently Ranked 2nd out of 34 based on Royalty Revenue
CHATTANOOGA, Tenn.--Sept. 5, 2006--Next Inc. (OTCBB:NXTI) an emerging leader in the sportswear and promotional products industry today announced that year to date, the Company is currently the number two Ford apparel licensee based on royalty revenue generated ranking 2nd out of 34.John Nens, Ford Motor Company Global Brand Licensing commented, "Next Inc, is currently one of Ford's top apparel licensees. They currently rank number two for 2006, just a few dollars out of the top spot. Next Marketing continues to embrace every Ford vehicle past and present always creating compelling graphics and art work that result in their products enjoying superb retail sales. By consistently supplying quality and innovative Ford branded apparel offerings, they have become an integral player in the success of our licensing program."
Nens further commented, "The amount separating Next from again capturing the number one spot, as they did in 2005, is just a few dollars. Considering this, it wouldn't surprise me if they were our number one Ford apparel licensee at year end."
Joe Ferragina, the Company's Exec VP of Sales stated, "We continue to be pleased with the success of our Ford branded product offerings within our retail accounts. To be ranked the #2 Ford apparel licensee year to date is an accomplishment we're extremely proud of. The continuity of our top rankings demonstrates a consistent commitment to quality and a keen understanding of our customer's needs. We enjoy working with the top notch professionals in Ford's licensing group and look forward to continued success together."
About Next Inc. http://www.nextinc.net/
Next Inc. is a creative and innovative sales and marketing organization. Next Inc. 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. 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 and www.americanbiker.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.