SOURCE: KIT digital, Inc.

KIT digital, Inc.

September 16, 2011 14:25 ET

KIT digital to Discuss Recent $30 Million Equity Offering and Business Outlook on September 20, 2011 at 11 a.m. ET

NEW YORK, NY and PRAGUE, CZECH REPUBLIC--(Marketwire - Sep 16, 2011) - KIT digital, Inc. (NASDAQ: KITD), a premium cloud-based software solutions and technology services provider for multi-screen video management and delivery, will host an investor conference call to discuss its recent $30 million public offering, including the offering's strategic backdrop and primary purpose of fortifying the company's balance sheet.

The company's management team will also provide an update on recent operational developments as well as the outlook for the remainder of the year and 2012. KIT digital's chairman and CEO, Kaleil Isaza Tuzman, will host the call, followed by a question and answer period.

Date: Tuesday, September 20, 2011
Time: 11:00 a.m. Eastern time (5:00 p.m. Central European time)
Dial-in # (North America): + 1-877-941-2068
Dial-in # (outside of North America): + 1-480-629-9712
Conference ID: 4473681

Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization.

If you have any difficulty connecting with the conference call, please contact Liolios Group at +1-949-574-3860.

The conference call will be broadcast simultaneously and available for replay here and via the Investor Relations section of the company's website later that day. A telephone replay of the call will also be available after 2:00 p.m. Eastern time and until October 20, 2011.

Toll-free replay # (North America): + 1-877-870-5176
International replay # (outside of North America): + 1-858-384-5517
Replay pin number: 4473681

This press release does not constitute an offer to sell or solicitation of an offer to buy any securities. Any such offer may be made only pursuant to the company's final prospectus and prospectus supplement for the offering and only in states in which the offering is registered or exempt from registration and by broker-dealers authorized to do so. The securities to be offered involve a high degree of risk.

About KIT digital, Inc.
KIT digital (NASDAQ: KITD) is a premium provider of end-to-end video management software and related services. The KIT Video Platform, the company's cloud-based video asset management system, enables enterprise, media & entertainment and network operator clients to produce, manage and deliver multi-screen socially-enabled video experiences to audiences wherever they are. KIT digital services more than 2,300 clients in 50+ countries including some of the world's biggest brands, such as Airbus, The Associated Press, BBC, Best Buy, Bristol-Myers Squibb, Disney-ABC, FedEx, Google, HP, MTV, News Corp, Telecom Argentina, Telefonica, Universal Studios, Verizon, Vodafone and Volkswagen. KIT digital maintains executive offices in New York and its operational headquarters in Prague, Czech Republic, with offices in 21 countries around the world. Visit the company at www.kitd.com or follow on Twitter at www.twitter.com/KITdigital.

KIT digital Forward-Looking Statement
This press release contains certain "forward-looking statements" related to the businesses of KIT digital, Inc., which can be identified by the use of forward-looking terminology such as "expected" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as expected. Certain of these risks and uncertainties are or will be described in greater detail in our public filings with the U.S. Securities and Exchange Commission. KIT digital is not under obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

Contact Information

  • KIT digital Contact:
    Gannon Hall
    Executive Vice President, Marketing
    Tel. +420 724 391 434
    Email Contact

    KIT digital Investor Relations Contact:
    Matt Glover or Geoffrey Plank
    Liolios Group, Inc.
    Tel. +1-949-574-3860
    Email Contact