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NexCen Brands, Inc. Marks 85th Anniversary of Waverly Brand with New Products and a Strategic Celebrity Partnership Deal

NEW YORK, Feb. 19, 2008 /PRNewswire-FirstCall/ -- NexCen Brands, Inc. (NASDAQ:NEXC) , parent company of the Waverly brand, introduced this week three new product lines to celebrate the 85th anniversary of Waverly, the premier home fashion brand. At the beginning of the year, NexCen forged a powerful celebrity relationship with Sandra Lee, the acclaimed life and style expert and star of the Food Network, to promote the Waverly home products brand to a wider audience.
 
    NexCen Brands and Sandra Lee, the acclaimed life and style expert and star of the Food Network, introduce three new product lines celebrate the 85th anniversary of Waverly, the premier home fashion brand. (PRNewsFoto/NexCen Brands Inc.) NEW YORK, NY UNITED STATES 02/18/2008  

NexCen is marking 2008 as a significant transition year for Waverly. The new collections -- Favorite Things, Home At Last, and Looking East -- hark back to a rich past but are a modern take on heritage designed to meet today's standards of design. All of these collections pulled inspiration from successful Waverly patterns from the archives and have been reinterpreted to today's color and texture palettes. The company also announced that it plans to evolve its offerings into multiple product categories beyond its core living environments. These new categories include: apparel & accessories, outdoor living, dining & entertaining, bed & bath, travel & leisure, and home organization.


"This partnership embodies the NexCen commitment to reaching consumers in nearly every aspect of their lives from the food they eat to the furnishings in their home and the clothes and footwear they purchase," said Robert W. D'Loren, President and CEO of NexCen Brands, Inc. "Waverly is an important anchor brand in our NexCen Home Studio Division, and we will leverage Sandra's style savvy across the NexCen portfolio of brands to illustrate the strength of the NexCen business model."


To kick off the anniversary year, Sandra Lee hosted a breakfast at the new NexCen Home Studio offices, located at 261 Fifth Avenue in New York City, on Monday, February 11, 2008. The recently renovated NexCen Home Studio offices are dedicated to the Marketing and Design development of the Waverly, Bill Blass and Gramercy home brands all under the NexCen portfolio.


Mr. D'Loren added: "The history and legacy of Waverly design since 1923 make it perfectly poised to become the next huge lifestyle brand in the United States. As we expand the Waverly brand beyond its core strength in textiles, Sandra's enthusiasm will capture the spirit of the Waverly brand and bring the attention that a lifestyle brand such as Waverly deserves. We are proud to have her as part of the NexCen team, and we know our consumers will also appreciate her involvement in the brand."


Sandra Lee's partnership with NexCen includes her appearance in a variety of campaigns, including a print advertising campaign to launch in September in national shelter publications, to position the brand at the leading edge of home style and trends. She will provide consumers with decorating advice, inspiration and helpful tips about accessorizing their personal environments, hosting "How To Decorate with Waverly" webcasts and e-newsletters on Waverly.com. She will also share the benefits of Waverly directly with the international network of retailers that carry the company's products. Also coming this year will be a consumer decorating sweepstakes where Sandra Lee will offer one lucky winner a life and style consultation.


Waverly (www.waverly.com)


Launched in 1923, Waverly is a premier home fashion and all encompassing lifestyle brand and one of the most recognized names in home furnishings. Its signature look is expertly translated into countless classic styles among home furnishing products including fabrics, wall coverings, paint, bedding, window treatments, decorative accessories and other key products. Waverly is available through retailers and interior design showrooms in over 7,000 doors nationwide. Its family of brands consists of Waverly, Waverly Home, Waverly Home Classics, Waverly Baby, and Waverly Sun N Shade.


About Sandra Lee Semi-Homemade (www.semihomemade.com)


Semi-Homemade is a media company that revolutionizes the way people think about creating from scratch. With its trademark 70/30 philosophy, which combines 70% ready-make products with 30% fresh and creative touches, Semi- Homemade allows anyone to take 100% of the credit for something that looks, feels or tastes as if it were completely from scratch.


Sandra Lee, an internationally-acclaimed life and style expert and a New York Times and Amazon.com best-selling author, has become the advocate for the over-extended homemaker. With 13 books to her credit, including her memoir she is the host of a top-rated TV show on the Food Network, Semi-Homemade Cooking. Sandra resides in Los Angeles and in New York City.


NexCen Brands, Inc. (www.nexcenbrands.com)


NexCen Brands, Inc. is a vertically integrated global brand management company focused on assembling a diversified portfolio of intellectual property-centric companies operating in the consumer branded products and franchise industries. The Company owns, licenses, franchises and markets a growing portfolio of consumer and franchise brands including The Athlete's Foot(R), Bill Blass(R), Great American Cookies(R), MaggieMoo's(R), Marble Slab Creamery(R), Pretzel Time(R), Pretzelmaker(R), Shoebox New York(TM) and Waverly(R).


The Company licenses and franchises its brands to a network of leading retailers, manufacturers and franchisees that includes every major segment of retail distribution from the luxury market to the mass market in the U.S. and in over 50 countries around the world, and consists of approximately 1,900 franchised stores. NexCen, through its information technology, franchisee support systems and advertising, marketing and public relations team, markets its brands to continually drive greater consumer awareness and brand equity for each of its brands. NexCen touches nearly every aspect of a consumer's lifestyle from the food they eat to the furnishings in their homes and the clothes and footwear they purchase.


FCMN Contact: jeremy.bridgman@ogilvypr.com


CONTACT: Liz Mandracchia, +1-212-448-8031, lmandracchia@waverly.com, or Melissa Norbeck, +1-212-448-8022, mnorbeck@waverly.com, both of Waverly


Web site: http://www.nexcenbrands.com/
http://www.waverly.com/
http://www.semihomemade.com/

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