SOURCE: KIT digital, Inc.

KIT digital, Inc.

July 26, 2011 09:54 ET

KIT digital to Present at Canaccord Genuity 31st Annual Growth Conference on August 9, 2011

NEW YORK, NY and PRAGUE, CZECH REPUBLIC--(Marketwire - Jul 26, 2011) - KIT digital, Inc. (NASDAQ: KITD), a premium cloud-based software solutions and services provider for multi-screen video management and delivery, has been invited to present at the Canaccord Genuity 31st Annual Growth Conference. The conference will be held at the InterContinental Boston Hotel in Boston on August 9-11, 2011.

Kaleil Isaza Tuzman, KIT digital's chairman and CEO, is scheduled to present on Tuesday, August 9 at 3:00 p.m. Eastern time with one-on-one meetings held throughout the day. He will discuss the company's business plan and objectives for the second half of 2011.

KIT digital recently reported preliminary record revenue for the second quarter of 2011 of approximately $48 million, up 39% sequentially and 108% over the same year-ago quarter. The company also reported record preliminary operating EBITDA of approximately $9.5 million, up 34% from the previous quarter and 125% over the second quarter of 2010.

For more information about the conference or to schedule a one-on-one meeting with KIT digital management, please contact your Canaccord representative.

About Canaccord Genuity
Canaccord Genuity is the global capital markets division of Canaccord Financial Inc., offering institutional and corporate clients idea-driven investment banking, merger and acquisition, research, sales and trading services from 16 offices worldwide. The company's team of over 400 capital markets professionals have industry and transactional expertise in critical sectors of the global economy: Metals and Mining, Energy, Agriculture, Technology, Telecommunications, Financials, Consumer Products, Real Estate, Transportation, Infrastructure, Sustainability, Life Sciences, Support Services and Investment Trusts. The company is committed to providing valued services to its clients throughout the entire lifecycle of their business and operating as a gold standard independent investment bank -- expansive in resources and reach, but targeted in industry expertise, market focus and individual client attention. For more information, go to www.canaccordgenuity.com.

About KIT digital, Inc.
KIT digital (NASDAQ: KITD) is a premium provider of end-to-end video management software and related services. The KIT 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.

Contact Information

  • KIT digital Contact:
    Adam Davis
    Global Communications Manager
    Tel. +1-609-468-9500
    Email Contact

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