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NEW YORK, March 21, 2008 - NexCen Brands Inc.
(Nasdaq: NEXC) has appointed Kenneth J. Hall, 50, as Executive Vice
President, Chief Financial Officer and Treasurer, effective March 25, 2008.
He will be responsible for all aspects of the company's financial
management and human resources functions. He replaces David Meister, who is
leaving the company.
"Ken brings more than 25 years of financial leadership and global
operating experience to NexCen Brands at a critical point in our
development as a public company," said CEO Robert W. D'Loren. "His solid
track record with financial operations in high-growth environments will
help take us to the next level in our business development plans. I look
forward to working with Ken in leading NexCen Brands forward.
"We wish David Meister well and sincerely thank him for his tireless
service. He was a key player over the past 18 months as we launched this
new, innovative company."
Mr. Hall most recently served as the Chief Financial Officer and
Treasurer of Seevast Corp, a leading online-media holding company comprised
of ad networks, Pulse 360 and Kanoodle, and a domain asset management
company, Moniker, which was recently sold. Prior to that he was Executive
Vice President, Chief Financial Officer and Treasurer of Mercator Software,
Inc., a Nasdaq-traded company that was acquired in 2003.
Over his extensive career, Ken has also served as the chief financial
officer for a number of public and private companies including Icon CMT
Corp, a Nasdaq-traded company that was acquired by Qwest Communications in
1998; NYSE-traded Global DirectMail Corp; and National Football League
Properties, Inc., the global licensing and marketing arm of the NFL.
Ken has an MBA from Golden Gate University and a BS in Finance from
Lehigh University.
About NexCen Brands, Inc. (http://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.
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