KIT digital to Present at the Oppenheimer Annual Technology, Media & Telecommunications Conference o
KIT digital management is scheduled to present on Tuesday, August 10 at 2:00 p.m. Eastern time. Kaleil Isaza Tuzman, KIT digital's chairman and CEO, will discuss the company's strategic plans for the rest of this year and 2011. He will also discuss the status of integration of recently acquired Benchmark Systems and Multicast Media, as well as recent advances in KIT VX-one, the company's family of end-to-end platform software solutions which enables enterprise clients to acquire, manage and distribute video assets across the three screens of today's world: the personal computer, mobile device, and IPTV-enabled television set.
KIT digital recently reported preliminary results for Q2 2010 of at least $22.7 million in revenue, up more than 110% year-over-year and a sequential increase of at least 30% over Q1 2010, and operating EBITDA of at least $4 million, up more than 490% year-over-year, and a sequential increase of at least 35% over Q1 2010.
The presentation will be available via webcast at www.veracast.com/webcasts/opco/tech2010/13109147.cfm
A replay link will also be available on the company's website at www.kitd.com.
The Oppenheimer conference will offer institutional investors broad insight into 140 public and private companies that span various industries: from communication services, to hardware and data infrastructure, to semiconductors, electronics capital equipment, and software.
To schedule a one-on-one meeting with KIT digital management, contact your Oppenheimer institutional representative. More information about the conference may be found at www.opco.com/conferences/TMT10/index.html.
Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange), provides a full range of wealth management, securities brokerage and investment banking services to high-net-worth individuals, families, corporate executives, local governments, businesses and institutions.
About KIT digital, Inc.
KIT digital (NASDAQ: KITD)is a leading global provider of video asset management solutions (VAMs) for multi-screen IP-based delivery. KIT VX-one, the company's family of end-to-end software platform solutions, enables enterprise clients to acquire, manage and distribute video assets across the three screens of today's world: the personal computer, mobile device, and IPTV-enabled television set. The application of VX ranges from commercial video distribution to internal corporate deployments, including corporate communications, human resources, training, security and surveillance. KIT digital's client base includes more than 1,000 customers across 40+ countries, including The Associated Press, Best Buy, Bristol-Myers Squibb, Disney-ABC, FedEx, General Motors, Google, Hewlett-Packard, Home Depot, IMG Worldwide, Intel, News Corp, Telefonica, the U.S. Department of Defense, Verizon and Vodafone. KIT digital is headquartered in Prague, and maintains principal offices in Atlanta, Beijing, Buenos Aires, Cairo, Chennai, Cologne, Delhi, Dubai, Kolkata, London, Melbourne (Australia), Mumbai, New York, Singapore, Stockholm and Toronto. For additional information, visit www.kitd.com or follow the company on Twitter at www.twitter.com/KITdigital.
KIT digital Contact:
Global Communications Manager
KIT digital Investor Relations Contact:
Liolios Group, Inc.
SOURCE: KIT digital, Inc.
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