FORT LAUDERDALE, FL / ACCESSWIRE / April 20, 2015 / Next 1 Interactive, Inc. (NXOI) announced today that it is acquiring 51% of NameYourFee.com website's technology and staff as part of an ongoing partnership with the Jasper Group. The Jasper Group President, Amanda Williams, has 15 years of experience in the employment sector including heading the Job Channel Network and CandidateXchange. Other Jasper principles include Joe Abrams (My Space co-founder and Software Toolworks veteran), Michael C. Woloshin (a highly skilled, entrepreneurial-minded leader in business development, marketing and brand building, primarily in the recruiting industry) and Craig P. McGuinn (with a track record of accelerating company growth with expertise in online advertising where his last company was recognized in the Inc. 500 list of America's fastest growing private companies). This Jasper Group as co-owners bring substantial applicable business expertise and will be a key part in assisting the management team grow this new venture.
NameYourFee.com is a next generation job recruiting solution that allows employers to specify the amount of commission they are willing to pay a recruiting firm for placing candidates. Recruiters can review the opportunity and accept or reject based upon their current order flow. Traditionally, recruiting firms charge up to 30% of the candidate's first year salary but under this scenario the market can find and negotiate a fee solution. NameYourFee.com starts with a significant advantage through its ability to access significant databases in North America through Jasper Group's related companies, such as the Job Channel Network and CandidateXchange.
The immediate goal is to continue to grow these partnerships along with integrating the first video candidate solution by contracting rights for the employment vertical with Next 1's sister company, Realbiz Media Group, Inc. (RBIZ). RealBiz has patented video technology platforms that allow it to process over 500,000 images an hour and convert pictures to video and text to voice in order to create an automated video. Additionally, the company has developed the ezflix video app which will be modified for the employment arena allowing both job candidate and companies to create, review and share video.
With nationwide unemployment numbers falling from 7.5% in 2013 to 5.5% currently, the economy is adding jobs at the quickest pace since the boom of the late 1990's. The app looks to make some immediate headway given these recent hiring trends. These are all great signs for NameYourFee.com and Next 1, as they move to make the hiring process more efficient for companies.
Jasper Group Holdings Inc. President Amanda Williams stated, "The job posting and resume posting as we know it has not changed in decades. Next 1 technology will enable both sides of the employment spectrum to advance into modern day technology and create a more efficient and interactive experience."
NameYourFee.com is a simple, cost effective solution to access more qualified candidates with the freedom to name your fee. Due to the growth of the internet and social networks, recruiters now have an abundance of applicants. When choosing to use a recruitment agency, a flat fee is usually charged regardless of the position needing to be filled, all while you get overwhelmed with unqualified candidates. The simplicity of recruiting has become costly in time and productivity. The current model did not make much sense so NameYourFee.com set out to change the game. With NameYourFee.com there is only one point of contact. You pick the rate, no more flat fee rates; whether you need one employee or an entire organization. NameYourFee.com handles everything from background checks, retained searches, consulting services, payroll services and anything needed to source and hire qualified personnel to support your business.
About Next 1 Interactive, Inc.:
Next 1 Interactive, Inc. (NXOI) is a service company specializing in the employment, travel and real estate arenas. Next 1 plans the delivery of targeted content via multiple digital platforms. In today's digital market, Next 1 delivers information and entertainment to consumers. The company business plan calls for multiple revenue streams from recruiting, real estate and travel content delivery including transactional commissions, referral fees, advertising and sponsorship.
About RealBiz Media Group, Inc.:
RealBiz Media Group, Inc. is a real estate digital media and technology company whose proprietary video processing technology makes it one of the leaders in providing home video tours to the real estate industry. Its client base reaches more than 350,000 real estate agents and brokers. The company provides a series of products including a consumer portal at http://www.nestbuilder.com, an agent-only platform known as Nestbuilder Agent, an agent social media and marketing solution known as ReachFactor, a growing MVA network, virtual tours and mobile apps. The company enjoys access to many of the nation's largest real estate companies with numerous approved vendors and national contracts.
Safe Harbor Statement:
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
For Further Information:
NXOI Corporate Headquarters
Next 1 Interactive, Inc.
RealBiz Media Group, Inc.
SOURCE: Next 1 Interactive, Inc