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 September 17, 2008 - 04:26 AM PST
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Missouri Mom Wins Waverly 85th Anniversary Decorating Contest

NEW YORK, Sept. 17 /PRNewswire-FirstCall/ -- NexCen Brands Inc. (Nasdaq: NEXC) owner of the Waverly brand, is happy to announce the winner of the Waverly 85th Anniversary Decorating Contest. Julie Hale from Excelsior Springs, Missouri becomes the grand prize winner for the entry of her Waverly decorated outdoor patio space. The grand prize winner receives a trip for two to New York City and a meeting with Waverly spokesperson and home and food expert, Sandra Lee, popular star of the program, 'Semi-Homemade Cooking' on the Food Network.

The Waverly decorating contest was judged by the Waverly design team along with the editors of Family Circle magazine. The Grand prize winner along with 5 runner ups were selected based on originality, creativity, expression, image quality, and mostly the reinforcement of the Waverly brand message of creating happiness in the home. According to Rick Platt, Waverly President for NexCen Home Studio, 'Julie's outdoor environment truly reflects the timeless and classic aesthetic of the Waverly brand. She like many of our loyal Waverly customers is a passionate Waverly enthusiast.' Upon informing Julie that she had won the grand prize she said, 'I am thrilled and can't believe that my patio drapes sewn by my mother won me the opportunity to meet with Sandra Lee.'

Linda Fears, Editor in Chief of Family Circle states, 'It was obvious to us that Julie earned the Waverly Grand Prize. We were moved by Julie's essay statement of 'How can something as innocuous as fabric bring a family closer together? ...when 2 teenagers who are difficult to tear away from their electronic caves... on their own come outside to sit with their parents and enjoy the evening.' Along with Julie Hayes, Waverly and Family Circle chose 5 runner up winners who will receive Waverly product, a subscription to Family Circle magazine and a $100 gift card to Jo-Ann Fabric & Craft stores where Waverly fabric is sold. The runner ups were: 1) Summer Mungle from Chicamauga, Ga., 2) Carol Freese from Covington, Ind., 3) Courtney Warren from Rockwall, Texas, 4) Cathy Flynn from Marietta, Ga., and 5) Emily Evans from Highland, Utah.

About 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 13,000 doors nationwide. Its family of brands consists of Waverly, Waverly Home, Waverly Home Classics, Waverly Baby, and Waverly Sun N Shade. Key vendor partners include PK Lifestyles, Welspun USA, Blue Mountain, Ellery Homestyles, Axis Imex Inc., C.R. Gibson, The McCall Pattern Company, Lowes and Target. NexCen purchased the Waverly brand in May 2007.

About NexCen Brands (www.nexcenbrands.com)

NexCen Brands, Inc. is a strategic brand acquisition and management company with a focus on franchised brands. The company franchises, licenses, and markets a portfolio of global brands that includes; The Athlete's Foot(R), Bill Blass(R), Great American Cookies(R), MaggieMoo's(R), Marble Slab Creamery(R), Pretzelmaker(R), Pretzel Time(R), Shoebox New York(TM) and Waverly(R). NexCen Franchise Management, a subsidiary of NexCen Brands, supports approximately 1,900 franchised stores in over 50 countries around the world with its experienced brand management, marketing and operations teams.

SOURCE NexCen Brands Inc.