Piksel, Inc. Takes Legal Action Against Visual Unity

Piksel, Inc. Takes Legal Action Against Visual Unity

NEW YORK, NY — (Marketwired) — 09/05/13 — (the "Company"), a global provider of -over-the-top- video monetization software and solutions, announced that it has commenced legal action against Ethos Sports GmbH, which does business under the name "Visual Unity."In November of 2010, KIT digital, Inc., the predecessor company to Piksel, sold the Visual Unity business to Tomas Petru for approximately $13.8 million, comprised of an initial cash payment of $3.0 million and a $1

Piksel, Inc. Warrant Exercise Underway

Piksel, Inc. Warrant Exercise Underway

NEW YORK, NY — (Marketwired) — 08/29/13 — , (formerly known as KIT digital, Inc., the "Company"), a global provider of digital television and media solutions, announced that the period to exercise warrants under the Company-s plan of reorganization is now fully underway and distribution of warrant certificates and election forms for shareholders of KIT digital, Inc. to elect to exercise their warrants is nearing completion.Warrant certificates and election forms have been mailed to

KIT digital Restructuring Approved; Prepares to Exit Bankruptcy and Change Name to Piksel

KIT digital Restructuring Approved; Prepares to Exit Bankruptcy and Change Name to Piksel

NEW YORK, NY — (Marketwired) — 08/05/13 — KIT digital, Inc. ("KIT" or the "Company"), a global provider of digital television and media solutions, announced today that its Plan of Reorganization (the "Plan") will be confirmed by the U.S. Bankruptcy Court for the Southern District of New York (the "Bankruptcy Court"). KIT digital filed for voluntary bankruptcy protection three months ago to cleanse itself of legacy issues, including financial, legal and