KIT Digital Provides Details on Warrants; Announces Agreement Between Its Senior Lender and Its Plan Sponsor

KIT Digital Provides Details on Warrants; Announces Agreement Between Its Senior Lender and Its Plan Sponsor

NEW YORK, NY — (Marketwired) — 06/04/13 — (the "Company"), a global provider of digital television and media solutions, filed an update to its Plan of Reorganization (the "Plan") which, among other things, provides additional details on the Reorganized KDI Warrants that KIT digital shareholders will receive under the Plan. As previously announced, the Plan includes a recapitalization of the Company which is fully backstopped by three of the Company-s largest shareholders

LOXXESS Selects S3 Group-s StormTest(R) Decision Line for Tele Columbus Set-Top Box Screening

LOXXESS Selects S3 Group-s StormTest(R) Decision Line for Tele Columbus Set-Top Box Screening

COLOGNE, GERMANY — (Marketwired) — 06/04/13 — , an international digital TV company that accelerates end-to-end delivery of multiscreen TV, today announced that it has been selected by , a German logistics company providing European warehouse and fulfilment solutions, to supply a reverse logistics screening solution for . S3 Group-s role is to improve testing accuracy to reduce after sales costs, and provide insight on the digital TV set-top box returns of Tele Columbus, one of the leading