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NextWorth Announces Easy Upgrade Program for Existing Owners of Apple iPhonesTM, Offering Free Upgrade to iPhone 3G S Plus Cash Back
[June 18, 2009]

NextWorth Announces Easy Upgrade Program for Existing Owners of Apple iPhonesTM, Offering Free Upgrade to iPhone 3G S Plus Cash Back


LAWRENCE, Mass. --(Business Wire)-- NextWorth (www.NextWorth.com), a leading player in consumer electronic upgrades and trade-ins, announces its new trade-in service for third generation iPhonesTM providing enough trade-in cash to cover an upgrade to the new 3G S iPhone (News - Alert). Some customers will not only receive enough trade in cash to purchase a new iPhone but also have money left over after the new purchase. Trade-ins are now easier than ever with NextWorth's Web site re-design, offering existing 3G iPhone customers an easy, fast and financially sound way to upgrade to the iPhone 3G S.



"Building upon the success of last year's iPhone upgrade program - which allowed customers to essentially upgrade from the first generation iPhone to the iPhone 3G for free, we are currently able to offer even higher dollar exchanges for existing iPhone users looking to upgrade to a phone two times faster and more responsive than the current model—the iPhone 3G S," said Dave Chen, CEO of NextWorth. "Continued strong market demand for the existing devices and the AT&T (News - Alert) subsidies associated with purchasing a new iPhone 3G S are allowing us to put more dollars than ever back in the hands of consumers and make the upgrade process easier and more compelling than ever." For the time being, NextWorth customers can receive as much as $255.50 for a 16GB iPhone 3G1 when trading in their phone. With current 3G S prices starting at $1992 for the 16GB 3G S, trade-in amounts will fully or nearly cover the cost of an upgrade. iPhones purchased by NextWorth in any condition will be refurbished and resold by NextWorth, keeping the old devices out of the waste stream, thereby promoting recycling and reuse.

Trading in an old iPhone is simple, with current market values and the condition of the device determining the trade-in value. NextWorth customers visit www.NextWorth.com, enter the model, condition and any original accessories that may be included in the trade, and a value is instantly displayed. If customers accept this value and proceed, a free shipping label is provided to return the iPhone to NextWorth and the price quote is locked for up to 21 days. Once received, NextWorth examines the product, verifies the estimate and sends the customer payment in the form of a certified check, PayPal, or a Target or Amazon Gift Card. A customer can expect to receive a check, PayPal deposit, or gift cards in as little as seven to 14 days, or instantly at participating retailers such as J&R Computer World in NYC. A list of participating retailers and more information on NextWorth can be found on the company Web site. In addition to iPhone trade-ins, NextWorth also offers trade-in services for Apple iPods and Laptops, BlackBerry (News - Alert)™ phones, digital cameras, GPS systems, video games and video game consoles.


About NextWorth Headquartered in Lawrence, Massachusetts, NextWorth is a leading player in consumer electronic upgrades and trade-ins. NextWorth helps people Stop Depreciation™ by facilitating the sale and trade-in process for such leading products as iPods and iPhones online and through select retailers. NextWorth strives to create hassle-free, high-value exchanges to ease the upgrade process for consumers. For more information on NextWorth and their services visit www.NextWorth.com.

"iPhone," "iPod," "Apple (News - Alert)" and the Apple Logo are registered trademarks of Apple Computer Inc. NextWorth is not in any way an authorized dealer, distributor, affiliate, or partner of Apple Computer Inc. All other brands mentioned and trademarks displayed herein are the property of their respective holders.

1 Device listed in "Like New" condition with all of the original accessories included. Trades are also accepted for more heavily worn and broken iPhones as well. Prices are dynamically generated based on market conditions. Quoted buy price reflected as of 6/18/09 and are subject to change.

2 Requires new two-year AT&T wireless service contract. Existing AT&T customers should use www.apple.com/iphone/buy to find out if they are eligible for early upgrade pricing.

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