DUBAI, United Arab Emirates and BOGOTÁ, Colombia – July 31, 2008 –KIT digital, Inc. (OTCBB: KITD), a global provider of IPTV enablement and marketing solutions, announced today that the Company has been selected by RCN Television, one of the leading television broadcasters in Latin America, to provide a variety of online video and audio solutions for their television and radio assets. 

RCN is a wholly-owned subsidiary of the Ardila Lülle Organization, a leading regional, diversified conglomerate based in Bogotá, Colombia. KIT digital has contracted with e-nnovva Ltda., the recently created new media division of RCN, to provide proprietary technology to host live streaming, video-on-demand, and live audio content in both short and long formats for RCN’s network of TV and radio stations.  KIT digital’s “VX “ digital asset management platform will provide RCN with best-of-breed customer-facing functionality as well as wide-ranging capabilities for RCN to proactively create new channels and sub-channels, geo-blocking features, advertising integration, and other interactive marketing programs.

Carolina Angarita, general manager of e-nnovva Ltda. and head of new technologies and business development at RCN, said, “We look forward to working with KIT digital on the development of our new media programs. KITdigital is highly regarded for its expertise in providing innovative technology and timely support, which will help us continue to be the leader in our markets. We are delighted to have KIT digital partner with our management team.”

Kaleil Isaza Tuzman, chairman & CEO of KIT digital, commented, “We are immensely pleased to be working with RCN and the Ardila Lülle group. RCN produces many of Latin America’s top TV and radio programs, and we are confident our company can assist the group in becoming the leading distributor of new media programs in its markets.  RCN has a strong reputation for innovation in television production and distribution technologies, and the creation of the e-nnovva subsidiary underscores what we hope will be a long working relationship with KIT digital.”

“This partnership with RCN represents an important step forward for the Latin American business at KIT digital,” continued Ivan Arias, KIT digital’s head of business development in Latin America & the Caribbean. “We are very excited about what the rest of 2008 brings in the region, as our clients in Latin America continue to benefit from KIT digital’s multilingual and multicultural approach to the IPTV solutions business.”

About RCN

RCN is a leading Latin American broadcaster and provider of telecommunications services.  Based out of Bogotá, Colombia, their diversified offering includes a television network and 8 radio stations, internet access services, and creative production services.  RCN broadcasts a full range of original programming, including news, reality and game shows, films, and soccer.  RCN was the creator and producer of the wildly popular telenovela Betty la Fea (Ugly Betty), which was later adapted for U.S. television and distributed globally.  For additional information, please visit www.canalrcn.com.

About KIT digital

KIT digital, Inc. (OTCBB: KITD) is a leading, global provider of proprietary IP-based video distribution technologies and video-centric interactive marketing solutions. Through its end-to-end platform, KIT digital works closely with consumer brands, content providers and telecommunication companies to maximize the value of video content via the Internet and mobile networks. The KIT platform allows clients to publish, manage and distribute digital video content, build online/mobile communities and integrate advertising. The Company offers businesses a full range of interactive marketing solutions and KIT clients can access approximately 100 KIT-syndicated channels and 40,000 KIT-syndicated videos. KIT digital clients include News Corp., Verizon, IMG, China Mobile, Telefonica, Vodafone, K-Mart, Coles, NASDAQ, Hummer and RCS. KIT digital has principal offices in Dubai, Melbourne (Australia), Stockholm, New York and London. For additional information, please visit www.kit-digital.com.

Forward Looking Statements

Certain statements in this document constitute “forward-looking statements” within the meaning of Private Securities Litigation Reform Act of 1995.  Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of KIT digital, Inc. (‘the Company”) or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  The Company’s future operating results are dependent upon many factors including but not limited to the Company’s ability to: (i) obtain sufficient capital or a strategic business arrangement to find its plan of operations when needed; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company’s control; and (iv) other risk factors discussed in the Company’s periodic filings with the Securities and Exchange Commission which are available for review at www.sec.gov.

Media Contact:
Jonathan Cutler
Verse Communications
818.981.3023
jonathan@verseinc.com

DUBAI - July 10, 2008 – KIT digital (OTCBB: KITD), a global provider of IPTV enablement technology and video-centric interactive marketing solutions, announced today the appointments of Barak Bar-Cohen and Stephen O¹Farrell to the company’s executive management team.

Mr. Bar-Cohen, 37, possesses over 14 years experience as an operator, advisor and investor in the media and telecommunications industries, both in the U.S. and abroad. Most recently, he served as president and chief operating officer of Narrowstep, Inc., a publicly traded IPTV company based in London, where he managed the sales organization, European reseller network, product development and customer support. Previously, he served as chief financial officer of Granahan McCourt Acquisition Corporation, a publicly traded acquisition vehicle focused on the IPTV space. Mr. Bar-Cohen¹s past experience also includes several senior management roles at RCN Corporation, a provider of bundled communication services to residential and business customers across the United States, as well as a senior investment banking role at Tel Aviv-based Zannex Investments.

At KIT digital, Mr. Bar-Cohen will support the company’s global sales and marketing activities, and be responsible for specialized business development activities in both North America and Europe—including the company’s newly christened “Lifestyle” client vertical.

Mr. O¹Farrell, 34, has over 14 years of experience leading full-service creative agencies both in Asia and the U.S. Mr. O¹Farrell most recently served as co-managing director of The Furnace, one of Asia¹s leading agencies, specializing in strategic planning and brand strategy, with clients such as Cadbury Schweppes, Levi¹s, Pacific Brands and Fairfax Digital. Mr. O’Farrell began his career at DDB Melbourne, a leading Australian advertising agency, and subsequently served as manager of new business development for DDB in the United States, where he was instrumental in the generation of over $60 million in new business while leading accounts across a range of local and international technology-oriented businesses, such as Compaq, Philips Consumer Electronics, Lockheed Martin and Intel.

At KIT digital, Mr. O’Farrell is responsible for the Asia-Pacific regional P&L, which today comprises in excess of 60% of the company’s overall business. 

Gavin Campion, president of KIT digital, commented on the appointments, “Stephen and Barak bring a wealth of leadership experience in the media, advertising and telecommunications industries to KIT digital.  These additions to our executive team come on the heels of our completion of the acquisition of mobile video company Kamera, and will help accelerate the expansion of our IPTV product and service offering to major consumer brands around the world.”

Kaleil Isaza Tuzman, chairman and chief executive officer of KIT digital, continued, “Our regional P&L approach makes it especially important that we recruit top general management talent across the world. Barak and Steve had many professional opportunities to choose from, and we are particularly pleased that they chose KIT digital—a testament, we believe, to our strong competitive positioning, positive sales momentum, and healthy balance sheet.”

About KIT digital

KIT digital, Inc. (OTCBB: KITD) is a leading, global provider of proprietary IP-based video distribution technologies and video-centric interactive marketing solutions. Through its end-to-end platform, KIT digital works closely with consumer brands, content providers and telcos to maximize the value of video content via the Internet and mobile networks. The KIT platform allows clients to publish, manage and distribute digital video content, build online/mobile communities and integrate advertising. The Company offers businesses a full range of interactive marketing solutions and KIT clients can access approximately 100 KIT-syndicated channels and 40,000 KIT-syndicated videos. KIT digital clients include News Corp., Verizon, IMG, China Mobile, Telefonica, Vodafone, K-Mart, Coles, NASDAQ, Hummer and RCS. KIT digital has principal offices in Dubai, Melbourne (Australia), Stockholm, New York and London. For additional information, please visit www.kit-digital.com.

Certain statements in this document constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of KIT digital, Inc (”the Company”), or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. The Company’s future operating results are dependent upon many factors, including but not limited to the Company’s ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its plan of operations when needed; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company’s control; and (iv) other risk factors discussed in the Company’s periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov.

Media Contact:
Jonathan Cutler
Verse Communications
818.981.3023
jonathan@verseinc.com