NEXCEN BRANDS APPOINTS HEAD OF INVESTOR RELATIONS

NEW YORK, February 20, 2008 - NexCen Brands, Inc. (Nasdaq: NEXC)) has appointed William A. Walkowiak, age 56, as Senior Vice President of Investor Relations, effective Feb. 18, 2008. He will be responsible for all communications with the investment community.

Walkowiak (pronounced wall cove' iak) brings 35 years of financial-management and communications experience to NexCen, with an extensive investor-relations background. Prior to joining NexCen, he was a Vice President of Investor Relations and Corporate Communications at EDO Corporation, an NYSE-traded engineering and technology company that was acquired by ITT Corp on Dec. 20, 2007. He is an active member of the National Investor Relations Institute and a past president of the New York chapter. Walkowiak is a 23-year veteran of AT&T and Bell Atlantic Corporation, a predecessor of Verizon Communications, which included seven years of responsibility for investor and rating-agency relations. He also directed investor relations at PureTec Corporation, prior to its acquisition by Tekni-Plex Inc. in 1998. Other related experience includes Lippert/Heilshorn & Associates, where he provided investor relations consulting services to senior management for a diverse base of international companies.

During 1987-1988, Walkowiak served at the U.S. Securities and Exchange Commission as part of the team responsible for launching the EDGAR system. He is a graduate of West Chester University and the Wharton Business School, and is also a Chartered Financial Analyst.

“Our substantial growth over the past two years has created the need for a qualified professional to manage the critical communications with analysts and investors,” said CEO Robert D'Loren. “Over that period we have acquired nine well-recognized brands, and the demands of the investment community have grown proportionately. We are delighted to have Bill join our team to build and manage this new function at NexCen."

About 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, Bill Blass, Great American Cookies, MaggieMoo's, Marble Slab Creamery, Pretzel Time, Pretzelmaker, Shoebox New York and Waverly.

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.

Investor Contact:
William A. Walkowiak, CFA
212-277-1150
wwalkowiak@nexcenbrands.com