KIT digital to Move to NASDAQ Global Market Exchange on August 14, 2009, Under the Symbol "KITD"


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


NEW YORK, NY and DUBAI, UNITED ARAB EMIRATES--(Marketwire - August 13, 2009) - The commonshares of KIT digital, Inc. (OTCBB: KDGL), a leading global provider ofon-demand software solutions for managing and monetizing Internet Protocol(IP)-based video assets, will begin trading on the NASDAQ Global Marketexchange at the open of trading on Friday, August 14, 2009. The stock willtrade under the symbol "KITD."

"Our listing on the NASDAQ Global Market represents yet another importantmilestone for our company," said Kaleil Isaza Tuzman, chairman and chiefexecutive officer of KIT digital. "This will raise our visibility in thefinancial markets and open up KIT digital to investment from certain U.S.and offshore funds that are restricted from investing in Bulletin Boardsecurities. We believe the NASDAQ Global Market listing will improveliquidity and, ultimately, shareholder value. Given the qualifications thatwere required for listing, we also expect this to enhance our status in theeyes of potential enterprise customers, who entrust us with their valuabledigital assets."

The NASDAQ Global Market, formerly the NASDAQ National Market®, has beenrenamed to more accurately reflect its global leadership and theinternational reach of the exchange and its listed companies. A companymust meet all initial listing criteria of one of the three listingstandards for initial NASDAQ listing, and must continue to meet thesestandards in order to maintain its listing on the NASDAQ Global Market.

About NASDAQ® Stock Market

NASDAQ is the largest electronic screen-based equity securities market inthe United States. With approximately 3,100 companies, it lists morecompanies and on average, trades more shares per day than any other U.S.market. It is home to companies that are leaders across all areas ofbusiness including technology, retail, communications, financial services,transportation, media and biotechnology. NASDAQ is the primary market fortrading NASDAQ-listed stocks. NASDAQ Execution Services -- NASDAQ'sbroker-dealer -- is the #1 broker-dealer on the floor of the NYSE.

About KIT digital

KIT digital, Inc. (OTCBB: KDGL) is a leading, global provider of on-demandcontent management solutions for managing IP-based video assets. Throughits end-to-end software platform, KIT VX, KIT digital works closely withconsumer brands, content providers and telcos to economize on costs andmaximize the value of video content via the Internet, mobile networks andIPTV enabled televisions. The KIT VX platform allows clients to ingest,manage, distribute and publish digital video content, build online/mobilecommunities and integrate advertising. KIT offers businesses a full rangeof interactive marketing solutions and KIT clients can access approximately80 KIT-syndicated channels and 40,000 KIT-syndicated videos. KIT digitalclients include Associated Press, Disney-ABC, General Motors, IMG, Kmart,NASDAQ, News Corp, RCS, Telefónica and Verizon. KIT digital has principaloffices in Dubai, Melbourne (Australia), Prague, Toronto, New York andLondon. For additional information, please visit www.kitd.com.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: Electronic Equipment ManufacturersHealth CareHealth Care DistributorsInformation TechnologyMaterialsPaper Products