KIT digital to Present at the Needham & Co. 6th Annual Internet & Digital Media Conference on June 7

Kaleil Isaza Tuzman, KIT digital's chairman and CEO, is scheduled to present on Tuesday, June 7 at 10:40 a.m. Eastern time with one-on-one meetings held throughout the day. He will discuss the progress of integration of KIT digital's recent acquisitions and the company's 2011 business plan and objectives.

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

About Needham and Company Needham & Company, LLC is a boutique investment banking firm that provides financial advisory services. The firm offers mergers and acquisition, private placement, divestiture, fairness opinion, joint venture, restructuring, spin-off and equity carve-out, strategic, takeover defense, and valuation advisory services. Additionally, it provides growth capital, acquisition financing, recapitalization, shareholder liquidity, and deleveraging advisory services. The firm also offers initial public offering, follow-on offering, and private investment in public equity advisory services. Its clientele include Apache, Nexsan, Velti, Softstone, and Quantum. The firm was founded in 1985 and is based in New York, New York. Needham & Company, LLC operates as a subsidiary of The Needham Group, Inc. For more information, go to www.needhamco.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 2,200 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.