KIT digital to Present at the ThinkEquity 7th Annual Growth Conference on September 15, 2010
Kaleil Isaza Tuzman, KIT digital's chairman and CEO, is scheduled to present on Wednesday, September 15 at 10:30 a.m. Eastern time. He will discuss KIT digital's recent quarterly results, as well as management's strategy for furthering the company's position as the leading global provider of video asset management solutions (VAMs) for multi-screen IP-based delivery.
KIT digital reported record revenue of $23.1 million in the second quarter of 2010, up 120% year-over-year, and record operating EBITDA, up 526% year-over-year to $4.2 million or $0.20 per basic share.For more information about the conference or to schedule a one-on-one meeting with KIT digital management, contact your ThinkEquity representative or visit www.thinkequity.com/events/G7.
About ThinkEquity LLC, A Panmure Gordon Company Focused on the growth sectors of the economy, ThinkEquity LLC provides research, equity financing, M&A advisory, institutional sales and trading, wealth management and asset management services to institutional investors, corporate and private clients, venture capitalists, entrepreneurs and financial sponsors. As a Panmure Gordon company, ThinkEquity accesses the combined financial expertise of professionals based in San Francisco, New York, Boston, Chicago, Minneapolis, London, Liverpool and Geneva. For additional information, visit www.thinkequity.com.
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, ESPN Star, MediaCorp, News Corp, Telefonica, 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.
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