SOURCE: KIT digital, Inc.

KIT digital, Inc.

September 12, 2011 03:00 ET

KIT digital Provides Liberty Global With Technology and Services Platform for New Multiscreen IP-Based Video-on-Demand and Live Streaming Service

AMSTERDAM, THE NETHERLANDS--(Marketwire - Sep 12, 2011) - Liberty Global, a leading international cable operator, has selected KIT digital, Inc. (NASDAQ: KITD), a premium cloud-based software solutions and technology services provider for multiscreen video management and delivery, to design, build and host the platform driving its new IP-based video-on-demand and live streaming service announced at IBC.

The Horizon online service will see the creation of an ecosystem that provides a single and flexible, multi-lingual, multi-tenant, and multi-currency platform that can be rolled out across all of Liberty Global's worldwide subsidiaries. Scheduled to go live later this year, the service will initially be available to subscribers in the Netherlands and then rolled out to other countries in Liberty Global's footprint. The service provides subscribers with the flexibility to access video content on multiple devices anywhere there is a broadband connection.

The solution provides an open platform that allows for integration to the multiple operating countries' existing operations support system (OSS)/business support system (BSS) platforms, as well as the flexibility to create a customized user experience based on local country requirements and devices.

"We are developing this new service to meet the needs of tomorrow's consumer," said Ryc Brownrigg, vice president of digital technology for Liberty Global. "We have built this platform to scale easily over time, encompassing new devices and trends as they occur in order to provide our customers with a cutting-edge service that surpasses the competition."

Scott Sahadi, chief strategy officer at KIT digital, commented: "Horizon provides Liberty Global with a real market differentiator. Through creating a best of breed and future-proof service, Liberty Global is capitalizing on opportunities to boost customer retention rates and allow content partners to expand their reach through new channels. We are delighted to be providing Liberty Global with this platform offering and look forward to launching the service later this year."

About KIT digital
KIT digital, Inc. (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 multiscreen 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.

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