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KIT digital Hosts 'Corporate Open House' Event at New Headquarters in PragueExecutive Management Team Highlights Enhanced Solutions Portfolio, Growth Outlook and Go-to-Market Planning for Guests (October 24, 2011)
PRAGUE, CZECH REPUBLIC -- (Marketwire) -- 10/24/11 -- KIT digital, Inc. (NASDAQ: KITD), a premium software solutions and services provider for multiscreen video management and delivery, hosted more than 60 outside invited guests from around the world, including investors, partners, analysts, customers and vendors, for the grand opening of its new headquarters in Prague on October 19-20, 2011.
The event featured technology demonstrations and presentations by KIT digital's executive management team around the company's current growth outlook, go-to-market approach, and new client announcements, including major tier 1 media and telco customer wins in North America and EMEA. Comprehensive demonstrations were provided of the latest release of the two major KIT Video Platform editions: KIT Cloud and KIT Cosmos.
"This past week's event is an important milestone in the history of our company," said Kaleil Isaza Tuzman, chairman and CEO of KIT digital. "We have crossed a threshold recently into a new phase of tier 1-focused organic growth and we're excited to be able to demonstrate for so many of our valued, long-term stakeholders the fully integrated management team and product offering."
The company will continue to use its Prague headquarters as a base for thought leadership in the next-generation video asset management sector. This includes two major industry events in March 2012 focused on tier 1 customers and commercial partners.
The executive management presentation and a video recap of the event are available at http://ir.kitd.com/phoenix.zhtml?c=144912&p=irol-presentations.
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 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, AT&T, BBC, BSkyB, Bristol-Myers Squibb, Disney-ABC, FedEx, Google, HP, Mediaset, MTV, News Corp, Telecom Argentina, Telefonica O2, 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 Contact:
SVP, Corporate Communications
KIT digital Public Relations Contact:
KIT digital Investor Relations Contact:
Matt Glover or Geoffrey Plank
Liolios Group, Inc.
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