Industry News | December 22, 2008

NexCen Expands in Caribbean

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NexCen Brands (NASDAQ: NEXC - News) today announced the signing of a master franchise agreement for the expansion of Marble Slab Creamery franchised stores into St. Lucia, an Eastern Caribbean island. This agreement, together with the development agreements previously announced this quarter for 35 Marble Slab Creamery franchised stores to be opened in Mexico, 40 stores in United Kingdom, and five stores in Lebanon, further extends the Marble Slab Creamery brand to international markets.

There are currently 57 Marble Slab Creamery franchised stores in five international markets including the United Arab Emirates, Kuwait, Bahrain, Canada, and Lebanon. Marble Slab Creamery franchised stores also are under development in Oman, United Kingdom, Korea, and Mexico.