Bitzio, Inc.
OTCBB : BTZO

Bitzio, Inc.

April 25, 2012 09:15 ET

NBT Equity Research LLC Releases Analyst Report on Bitzio, Inc.

SAN FRANCISCO, CALIFORNIA--(Marketwire - April 25, 2012) - Bitzio, Inc. (OTCBB:BTZO) ("Bitzio" or "the Company") today announced that NBT Equities Research LLC has released a research report on the Company. The full report can be accessed on the Bitzio website or through the NBT Equity Research website.

In its Executive Summary, NBT Equity Research LLC launches coverage of Bitzio with a Strong Buy Aggressive Growth Rating and $3.25 price target for 2013. The Executive Summary further states that this target implies a 7.2X upside from the current market price-per-share of $0.45.

NBT Equity Research LLC is a member of the NBT Equity Group, Inc. and was founded by well-known emerging-growth equities research analyst Tobin Smith. Tobin Smith is a contributing market analyst for Fox News Channel. Since 2000, Mr. Smith has been a regular weekly panelist on the highly rated "Bulls & Bears" investment program.

About Bitzio, Inc.

Bitzio's mission is to help mobile app developers get the full potential of their mobile apps by increasing consumer reach, conversion rates and bottom line profitability. Bitzio's strategic arsenal of methodologies and technologies allows mobile app developers to quickly develop, market and monetize their apps. The Company aims to be responsible for the download of 1 billion apps by 2014. For more information, visit www.bitzio.com. To learn more about Bitzio, watch their video.

Bitzio and Everyone Apps are trademarks of Bitzio, Inc. All other companies and products listed herein are trademarks or registered trademarks of their respective holders.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian securities laws, including statements relating to expectations the 2012 fiscal year; The terms and phrases "goal", "commitment", "guidance", "expects", "would", "will", "continuing", "drive", "believes", "indicate", "look forward", "grow", "outlook", "forecasts", and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by Bitzio in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that Bitzio believes are appropriate in the circumstances, including but not limited to general economic conditions, Bitzio's expectations regarding its business, strategy and prospects, and Bitzio's confidence in the cash flow generation of its business. Many factors could cause Bitzio's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including, without limitation: risks related to competition; Bitzio's reliance on key personnel; Bitzio's ability to maintain and enhance its brand; and difficulties in forecasting Bitzio's financial results, particularly over longer periods given the rapid technological changes, competition and short product life cycles that characterize the mobile application industry. These risk factors and others relating to Bitzio that may cause actual results to differ are set forth Bitzio's periodic filings with the U.S. Securities and Exchange Commission (copies of which filings may be obtained at www.sedar.com or www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on Bitzio's forward-looking statements. Bitzio has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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