SOURCE: KIT digital, Inc.

KIT digital, Inc.

September 24, 2009 08:00 ET

KIT digital to Present at the Maxim Group 3rd Annual Growth Conference

NEW YORK, NY--(Marketwire - September 24, 2009) - KIT digital, Inc. (NASDAQ: KITD), a leading global provider of on-demand software solutions for managing and monetizing Internet Protocol (IP)-based video assets, has been invited to present at the Maxim Group 3rd annual growth conference, to be held at the Grand Hyatt Hotel in New York City on September 29, 2009.

KIT digital is scheduled to present on Tuesday, September 29 at 2 p.m. Eastern time, with one-on-one meetings held throughout the day. Barak Bar-Cohen, KIT digital's executive vice president of business development, will discuss the company's progress including its record Q2 revenues of $10.5 million (up 91% year-over-year) and operating EBITDA of $671,000 or $0.16 per share. Bar-Cohen will also discuss the company's uses of the $22 million in approximate net proceeds from its recently completed public offering of common stock.

The Maxim Group growth conference is a senior level, interactive conference experience designed to meet the needs of institutional clients. Maxim combines company presentations, break-out sessions and management one-on-one meetings to assist clients with gaining an in-depth perspective on the issues affecting the growth of presenting companies. The conference will also host a series of panel discussions, a networking lunch and post conference cocktail reception.

This one-day event will feature more than 70 presentations across six designated tracks from a diverse selection of both domestic and international companies engaged in the healthcare, technology, shipping/transportation, alternative energy and infrastructure and emerging growth sectors.

For more information about the event or to schedule a one-on-one meeting with KIT digital management, contact your Maxim Group representative or visit www.maximgrp.com/growthconf/contact.php.

About Maxim Group LLC
Maxim Group is a full-service investment banking, securities and investment management firm headquartered in New York. The firm provides an array of financial services including: investment banking, equity research, private wealth management, structured products, and global institutional equity, fixed-income and derivative sales & trading to a diverse range of corporate clients, institutional investors and high net worth individuals. For additional information, visit www.maximgrp.com.

About KIT digital, Inc.
KIT digital (NASDAQ: KITD) is a leading, global provider of on-demand Internet Protocol (IP)-based video asset management solutions. Through its end-to-end software platform, "KIT VX," KIT digital enables enterprise clients to acquire, manage and distribute their video assets across the three screens of the computer Internet browser, mobile device and television via an IPTV set-top box. KIT digital clients' use of the VX platform ranges from end-consumer focused video distribution to internal corporate deployments, including corporate communications, human resources, training, security and surveillance. The KIT digital client base includes over 470 enterprise customers across 30+ countries, including The Associated Press, Disney-ABC, Google, IMG Worldwide, Kmart, NASDAQ, News Corp, RCS, Sensis, Telefonica, and Verizon. KIT digital has principal offices in Prague, Melbourne (Australia), New York, Toronto, London and Dubai. For additional information, please visit www.kitd.com.

Contact Information

  • KIT digital Media Contact:
    Daniel Goodfellow
    Tel. +1-646-873-3086
    Email Contact

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