From businesswire

NEX2U announced today that the Company has entered into an investment banking agreement with Kairos Consulting, Inc. to raise up to one million dollars in third round funding. The transaction will be in the form of a private placement of debt and equities securities. The equity component will be in the form of restricted stock. A Kairos Consulting spokesperson indicated that they feel NEX2U is a solid long term investment and they will be successful in the placement.

The Company President Doug Calaway stated, "This next round of financing will allow the company to add additional marketing and development resources to expand the company’s market presence."

About NEX2U

NEX2U is the leader in the multimedia catalog industry. Through the new patent-pending STM(TM) Technology, NEX2U takes existing print catalogs and transforms them into highly interactive, highly profitable direct mail experiences. STM(TM) Technology will not only increase sales and decrease cost, but it will also convey an impressive branding experience to the customer through a unique use of media - CD/DVDs, integrated Website development, Print-Ready PDF, and point of sale kiosks.