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NexxNow, Inc. Right Place Right Time Opens Beijing Office to Establish Basketball Broadcast Initiatives to Over 400 Million Chinese Basketball Fans

2008-08-11 12:46:00

NexxNow, Inc. Right Place Right Time Opens Beijing Office to Establish Basketball Broadcast Initiatives to Over 400 Million Chinese Basketball Fans

    BUFFALO, N.Y., Aug. 11 /EMWNews/ -- NexxNow, Inc. (OTC

Bulletin Board: NXXN), a sports media and marketing company is pleased to

announce that it has opened its Chinese office at the Beijing Sunflower

Tower, Beijing, China. NexxNow will share the Clemente Asset Management,

LLC facilities and benefit from Clemente's administrative staff and

counsel.



    Paul Riley, CEO of NexxNow stated, "Our association with Clemente Asset

Management and the creation of our China Advisory Board provides an

unparalleled opportunity to advance our basketball broadcast initiatives in

China.



    CMS Media Research reports that over 770 million Chinese tuned into at

least one Olympic game yesterday. It is also estimated that one billion

basketball fans watched the U.S. men's Olympic basketball team play China's

team in Beijing. Coupled with China's plan to build 800,000 additional

basketball courts over the next 10 years, China has indeed caught

basketball fever with more than 180 million Chinese tuning into the USA vs.

China basketball contest."



    Riley continued, "The basketball market and interest in China dwarfs

that of any other country in the world. The market is proven. Advertising

revenues and ROI are at record breaking proportions with most major

advertisers interested in tapping into China's 1.3 billion plus consumer

force. These factors put NexxNow in the right place at the right time.



    Simply put: to penetrate even a small percentage of the Chinese

basketball fan audience can convert into strong revenue and earnings for

any basketball broadcast."



    NexxNow recently united with the Premier Basketball League ("PBL") by

forming PBL China, LLC to accomplish the following: television broadcast of

PBL basketball games to and from China worldwide, international league

expansion, the formation of Chinese owned and operated PBL teams in China

and solicitation of international/national sponsorship of the PBL through

the utilization of NexxNow's "ACE" technology and multi-media platform

offering.



    About NexxNow, Inc. (OTC Bulletin Board: NXXN)



    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 and

from 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

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Blake Masterson

Freelance Writer, Journalist and Father of 5

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