KIT digital to Present at the Kaufman Bros. 13th Annual Investor Conference on September 16, 2010
Kaleil Isaza Tuzman, KIT digital's chairman and CEO, is scheduled to present on Thursday, September 16 at 8:00 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 KBRO representative.
About Kaufman Bros., L.P. KBRO offers proprietary research, equity and fixed income sales and trading, corporate services, and investment banking support to the Technology, Media, Telecom (TMT), Green Tech, and Healthcare sectors. The firm is the largest minority-owned and operated investment bank and broker-dealer in the United States focusing on the TMT and Healthcare verticals. KBRO's Institutional clients manage more than $5 trillion. KBRO has helped advisory clients raise more than $26 billion since 1999. For additional information, visit www.kbro.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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