1. KIT digital Reconstitutes Board of Directors William V. Russell and Greg B. Petersen to Join Board; Daniel W. Hart and Lars Kroijer to Step Down

    As KIT digital takes steps to enhance its Board of Directors, the company seeks to continue its efforts regarding corporate governance and strategic matters in order to advance the interests of all the company's shareholders. The company is also continuing ...

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    1. This is an important milestone in our process that began several months ago, and we are especially pleased to add seasoned directors like Bill and Greg who have such deep operating experience and financial acumen.
    2. Today's announcement of a reconstituted Board of Directors reflects the company's determination to take direct and well-considered steps for our shareholders. To that end, we look forward to Greg's service on the Board's Strategic Transaction Committee.
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