|   |   |   |   |
|--------|--------|--------|--------|

----

| R | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|--------------------------------------------------------------------------------------|

|  ̈ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)  OF THE SECURITIES EXCHANGE ACT OF 1934 |
|--------|-----------------------------------------------------------------------------------------------------|

----

| Delaware                                                      |   | 11-3447894                          |
|---------------------------------------------------------------|--------|-------------------------------------|
| (State or Other Jurisdiction ofIncorporation or Organization) |   | (I.R.S. EmployerIdentification No.) |
|                                                          |   |                                |
| 26 West 17th Street - 2nd Floor                               |   | 10011                               |
| New York, New York                                            |   | (Zip code)                          |
| (Address of principal executive offices)                      |   |                                |

----

| Title of each Class                       |   | Name of each exchange on which registered |
|-------------------------------------------|--------|-------------------------------------------|
|                                      |   |                                      |
| Common Stock, par value $0.0001 per share |   | The Nasdaq Global Select Market           |

----

| Large accelerated filer  ̈                                            |   | Accelerated filer R              |
|---------------------------------------------------------------------------|--------|----------------------------------|
|                                                                      |   |                             |
| Non-accelerated filer  ̈(Do not check if a smaller reporting company) |   | Smaller reporting company  ̈ |

----

|                                    |                                                                                                               |   | Page   |
|-----------------------------------------|--------------------------------------------------------------------------------------------------------------------|--------|--------|
|                                    | PART I                                                                                                             |   |   |
|                                    |                                                                                                               |   |   |
| Explanatory Note                        |                                                                                                               | ii     |
| Item 1.                                 | Business                                                                                                           |   | N/A    |
| Item 1A.                                | Risk Factors                                                                                                       |   | N/A    |
| Item 1B.                                | Unresolved Staff Comments                                                                                          |   | N/A    |
| Item 2.                                 | Properties                                                                                                         |   | N/A    |
| Item 3.                                 | Legal Proceedings                                                                                                  |   | N/A    |
| Item 4.                                 | Reserved                                                                                                           |   | N/A    |
|                                    |                                                                                                               |   |   |
|                                    | PART II                                                                                                            |   |   |
|                                    |                                                                                                               |   |   |
| Item 5.                                 | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities |   | N/A    |
| Item 6.                                 | Selected Financial Data                                                                                            |   | N/A    |
| Item 7.                                 | Management’s Discussion and Analysis of Financial Condition and Results of Operations                        |   | N/A    |
| Item 7A.                                | Quantitative and Qualitative Disclosures About Market Risk                                                         |   | N/A    |
| Item 8.                                 | Financial Statements and Supplementary Data                                                                        |   | N/A    |
| Item 9.                                 | Changes in and Disagreements With Accountants on Accounting and Financial Disclosure                               |   | N/A    |
| Item 9A.       | Controls and Procedures                                                                                            |   | N/A    |
| Item 9B.                                | Other Information                                                                                                  |   | N/A    |
|                                    |                                                                                                               |   |   |
|                                    | PART III                                                                                                           |   |   |
|                                    |                                                                                                               |   |   |
| Item 10.                                | Directors, Executive Officers and Corporate Governance                                                             |   | 1      |
| Item 11.                                | Executive Compensation                                                                                             |   | 9      |
| Item 12.                                | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters                     |   | 18     |
| Item 13.                                | Certain Relationships and Related Transactions, and Director Independence                                          |   | 20     |
| Item 14.                                | Principal Accountant Fees and Services                                                                             |   | 21     |
|                                    |                                                                                                               |   |   |
|                                    | PART IV                                                                                                            |   |   |
|                                    |                                                                                                               |   |   |
| Item 15.                                | Exhibits and Financial Statement Schedules                                                                         |   | 23     |

----

| Name                 |   | Age |   | Position with Company                                      |   | Director Since |
|----------------------|--------|-----|--------|------------------------------------------------------------|--------|----------------|
| Kaleil Isaza Tuzman  |   | 39  |   | Chairman of the Board and Chief Executive Officer          |   | 2008           |
| Gavin Campion        |   | 38  |   | President and Director                                     |   | 2008           |
| Robin Smyth          |   | 57  |   | Chief Financial Officer and Director                       |   | 2003           |
| Christopher Williams |   | 52  |   | Executive Vice President, Product Development and Director |   | 2010           |
| Daniel W. Hart       |   | 37  |   | Director                                                   |   | 2008           |
| Lars Kroijer         |   | 39  |   | Director                                                   |   | 2008           |
| Joseph E. Mullin III |   | 37  |   | Director                                                   |   | 2010           |
| Santo Politi         |   | 45  |   | Director                                                   |   | 2011           |
| Wayne Walker         |   | 52  |   | Director                                                   |   | 2008           |

----

----

----

| CommitteeName   |   | Members                               |   | NumberofMeetingsin 2010 |   | Principal Functions                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|-----------------|--------|---------------------------------------|--------|-------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Audit Committee |   | J. Mullin(Chairman)S. PolitiW. Walker |   | 8                       |   | ·      Recommending to the board of directors the engagement or discharge of our independent public accountants, including pre-approving all audit and non-audit related services;·      The appointment, compensation, retention and oversight of the work of the independent auditor engaged by us to prepare or issue an audit report or perform other audit review or attest services for us;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|            |   |                                  |   |                    |   | ·      Establishing procedures for the receipt, retention and treatment of complaints received regarding accounting, internal accounting controls or auditing matters and for the confidential, anonymous submission by employees of concerns regarding questionable accounting or auditing matters;·      Approving the scope of the financial audit;·      Requiring the rotation of the lead audit partner;·      Consulting regarding the completeness of our financial statements;·      Reviewing changes in accounting principles;·      Reviewing the audit plan and results of the auditing engagement with our independent auditors and with our officers;·      Reviewing with our officers, the scope and nature and adequacy of our internal accounting and other internal controls over financial reporting and disclosure controls and procedures;·      Reviewing the adequacy of the Audit Committee Charter at least annually;·      Meeting with our Internal Auditor on a regular basis;·      Performing an internal evaluation of the Audit Committee on an annual basis; and·      Reporting to the board of directors on the Audit Committee's activities, conclusions and recommendations. |

| CompensationCommittee |   | W. Walker(Chairman)L. KroijerJ. Mullin |   | 6 |   | ·      Approving and evaluating the compensation of directors and executive officers.·      Establishing strategies and compensation policies and programs for employees to provide incentives for delivery of value to our stockholders.·      Establishing policies to hire and retain senior executives, with the objectives of aligning the compensation of senior management with our business and the interests of our stockholders.·      Together with management, surveying the amount and types of executive compensation paid by comparable companies, and engaging consultants as necessary to assist them;·      Periodically reviewing corporate goals and objectives relevant to executive compensation and making recommendations to the board for changes; |
|-----------------------|--------|----------------------------------------|--------|---|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   |   |   |   |   |   | ·      Assisting management in evaluating each executive officer's performance in light of corporate goals and objectives, and recommending to the board (for approval by the independent directors) the executive officers' compensation levels based on this evaluation;·      Overseeing our stock option plan or other stock-based plans with respect to our executive officers and employee board members, who are subject to the short-swing profit restrictions of Section 16 of the Securities Exchange Act of 1934, as amended;·      Reviewing the overall performance of our employee benefit plans and making recommendations to the board regarding incentive-compensation plans and equity-based plans; |
|--------|--------|--------|--------|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |   |   |   |   | ·      Together with the Nominations and Corporate Governance Committee, reviewing and making recommendations to the independent directors of the board regarding the form and amount of director compensation;·      Ensuring that our compensation policies meet or exceed all legal and regulatory requirements and any other requirements imposed on us by the board; and·      Producing an annual report on executive compensation for inclusion in our proxy statement.                                                                                                                                                                                                                                        |

| Nominations and Corporate Governance |   | W. Walker(Chairman)L. KroijerJ. Mullin  |   | 6 |   | ·      Identifying individuals qualified to become board members and recommending that the board select a group of director nominees for each next annual meeting of stockholders.·      Ensuring that the Audit, Compensation and Nominations and Corporate Governance Committees of the board have the benefit of qualified and experienced “independent” directors.·      Developing and recommending to the board a set of effective corporate governance policies and procedures, and reviewing and reassessing the adequacy of such guidelines annually and recommending to the board any changes deemed appropriate.·      Periodically reviewing the charters of all board committees and recommending to the committees and board any changes deemed appropriate;·      Developing policies on the size and composition of the board;·      Conducting annual evaluations of the performance of the board, committees of the board and individual directors;·      Reviewing conflicts of interest and the independence status of directors; |
|--------------------------------------|--------|----------------------------------------------|--------|---|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   |   |   |   |   |   | ·      Together with the Compensation Committee, reviewing and making recommendations to the independent directors of the board regarding the form and amount of director compensation;·      Reviewing the structure of our senior staffing and management succession plans with the Chief Executive Officer;·      Together with the Compensation Committee, developing criteria to assist the board's assessment of the Chief Executive Officer's leadership of our company; and·      Generally advising the board (as a whole) on corporate governance matters. |
|--------|--------|--------|--------|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Technology and Product Development |   | C. Williams(Chairman)D. HartG. Campion   |   | 2      |   | ·      Monitoring and reviewing our product technology strategy.·      Monitoring and reviewing our major product development-related expenditures and initiatives in support of our evolving global business needs.·      Areas of review include but are not limited to:  significant new product lines or technology investments, the technology component of mergers and acquisitions, the on-going market relevance of our technology platform, our response to external technology based threats and opportunities, the competitiveness of our technology platform and related products, and the mitigation of any risks in the above areas. |
|------------------------------------|--------|-----------------------------------------------|--------|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                               |   |                                          |   |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Mergers and Acquisitions           |   | D. Hart(Chairman)L. KroijerJ. MullinS. Politi |   | 0      |   | ·      Reviewing and assessing potential mergers, acquisitions, strategic investments, divestures and joint ventures.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |

----

----

----

----

|                                                                                                               |   |   |   |   |    |   |     |   |    | Option    |   |   | Stock     |         |   |   |      |
|-------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|---------|--------|----------|--------|---------|-----------|--------|--------|-----------|--------------|--------|--------|-----------|
| Name and                                                                                                                |   |   |   | Salary |    |   | Bonus($) |   |    | Awards($) |   |   | Awards($) |         |   | Total  |      |
| Principal Position                                                                                                      |   | Year   |   | ($)    |    |   | (4)      |   |    | (5)       |   |   | (5)(6)    |    |   | ($)    |      |
|                                                                                                                    |   |   |   |   |    |   |     |   |    |      |   |   |      |         |   |   |      |   |   |   |
| Kaleil Isaza Tuzman (1)                                                                                                 |   | 2010   |   |   | 253,492 |   |     |   | 150,000 |      |   |   | 1,557,750 |         |   |   | 1,637,800 |   |   |   | 3,599,042 |   |
| (amounts  paid to KIT Capital, a company controlled by Mr. Isaza Tuzman) Chairman and Chief Executive Officer |   | 2009   |   |   | 277,789 |   |     |   | — |      |   |   | —   |         |   |   | —   |   |   |   | 277,789 |   |
|                                                                                                                    |   |   |   |   |    |   |     |   |    |      |   |   |      |         |   |   |      |   |   |   |   |   |
| Gavin Campion (2)                                                                                                       |   | 2010   |   |   | 200,000 |   |     |   | 150,000 |      |   |   | 1,004,400 |         |   |   | 1,047,433 |   |   |   | 2,401,833 |   |
| President and Director                                                                                                  |   | 2009   |   |   | 200,000 |   |     |   | — |      |   |   | —   |         |   |   | —   |   |   |   | 200,000 |   |
|                                                                                                                    |   |   |   |   |    |   |     |   |    |      |   |   |      |         |   |   |      |   |   |   |   |   |
| Robin Smyth (3)                                                                                                         |   | 2010   |   |   | 200,000 |   |     |   | 150,000 |      |   |   | 641,700   |         |   |   | 672,360   |   |   |   | 1,664,060 |   |
| Chief Financial Officer, Secretary, Treasurer and Director                                                              |   | 2009   |   |   | 148,250 |   |     |   | — |      |   |   | —   |         |   |   | —   |   |   |   | 148,250 |   |

|   | (1) | Kaleil Isaza Tuzman serves as our Chairman and Chief Executive Officer and was appointed to these positions on January 9, 2008. The total amount paid to KIT Capital (the entity that provides his services) in 2010 and 2009 was $418,750 and $477,750, respectively, of which $253,492 and $277,789, respectively, was paid to Mr. Isaza Tuzman, and the remainder was paid to other KIT Capital personnel dedicated full-time to KIT digital. These amounts include employer taxes, healthcare costs and other benefits. It also includes KIT Capital corporate fees, including legal, accounting, insurance, data hosting and parking related to KIT digital. The Bonus listed above applies to 2010 only, but the Option Awards and Stock Awards compensation listed for 2010 represent the estimated total compensation related to an executive compensation program which was instituted during 2010, and is subject to performance and time-based vesting thresholds over a period of several years.  |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | Mr. Campion serves as our President and a director. Mr. Campion was appointed President in April 2008 and was appointed as a director in November 2008. The compensation listed is only for Mr. Campion’s services as an executive officer, upon his appointment as President and not for his prior service. The Bonus listed above applies to 2010 only, but the Option Awards and Stock Awards compensation listed for 2010 represent the estimated total compensation related to an executive compensation program which was instituted during 2010, and is subject to performance and time-based vesting thresholds over a period of several years. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (3) | Mr. Smyth served as our Chief Financial Officer, Secretary and Treasurer through April 27, 2009 and, after a five-month leave, rejoined us on September 28, 2009. The Bonus listed above applies to 2010 only, but the Option Awards and Stock Awards compensation listed for 2010 represent the estimated total compensation related to an executive compensation program which was instituted during 2010, and is subject to performance and time-based vesting thresholds over a period of several years. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (4) | Represents a bonus awarded by the Compensation Committee related to achieving particular operational and strategic milestones in 2010. Such amount was paid in 2011. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (5) | Amounts reflect the aggregate grant-date fair value in accordance with FASB ASC Topic 718 for equity awards granted to the Named Executive Officers during the applicable year, even if such equity awards are actually earned over a period of several years. The assumptions we use in calculating these amounts are discussed in Note 14 of the Notes to our consolidated financial statements for the year ended December 31, 2010 included in our Annual Report on Form 10-K. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (6) | Includes both Time-based RSUs and Performance and Time-based RSUs. The Time-based RSU’s vest in forty- eight (48) equal monthly installments based on continued employment. The Performance and Time-based RSUs vest in forty-eight (48) equal monthly installments based on continued employment and the Company’s stock 20-day volume weighted average stock price exceeds the grant date closing price by 115% for 50% of the grant and by 130% for 50% of the grant. Both of these performance targets were met before the end of October 2010. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

----

|   | • | Purchase Price.  The purchase price of the common stock subject to each incentive stock option will not be less than the fair market value (as set forth in the 2008 Incentive Plan), or in the case of the grant of an incentive stock option to a principal stockholder, not less that 110% of fair market value of such common stock at the time such option is granted. |
|--------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | Vesting.  The dates on which each option (or portion thereof) will be exercisable and the conditions precedent to such exercise, if any, will be fixed by the board of directors, in its discretion, at the time such option is granted. Unless otherwise provided in the grant agreement, in the event of a change of control (as set forth in the 2008 Incentive Plan), 50% of the vesting restrictions will terminate. |
|--------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | Expiration.  Any option granted to an employee will become exercisable over a period of no longer than five years. No option will in any event be exercisable after five years from, and no Incentive Stock Option granted to a ten percent stockholder will become exercisable after the expiration of five years from the date of the option. |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | Transferability.  No option will be transferable, except by will or the laws of descent and distribution, and any option may be exercised during the lifetime of the optionee only by such optionee. No option granted under the 2008 Incentive Plan shall be subject to execution, attachment or other process. |
|--------|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | • | Option Adjustments. In the event of any change in the outstanding stock by reason of a stock split, stock dividend, combination or reclassification of shares, recapitalization, merger, or similar event, the board or the committee may adjust proportionally (a) the number of shares of common stock (i) reserved under the 2008 Incentive Plan, (ii) available for Incentive Stock Options and Nonstatutory Options and (iii) covered by outstanding stock awards or restricted stock purchase offers; (b) the stock prices related to outstanding grants; and (c) the appropriate fair market value and other price determinations for such grants. In the event of a corporate merger, consolidation, acquisition of property or stock, separation, reorganization or liquidation, the board or the committee will be authorized to issue or assume stock options, whether or not in a transaction to which Section 424(a) of the Code applies, and other grants by means of substitution of new grant agreements for previously issued grants or an assumption of previously issued grants. |
|--------|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | Termination, Modification and Amendment. The board may, insofar as permitted by law, from time to time, suspend or terminate the 2008 Incentive Plan or revise or amend it in any respect whatsoever, except that without the approval of the stockholders, no such revision or amendment may (i) increase the number of shares subject to the 2008 Incentive Plan, (ii) decrease the price at which grants may be granted, (iii) materially increase the benefits to participants, or (iv) change the class of persons eligible to receive grants under the 2008 Incentive Plan; provided no such action may alter or impair the rights and obligations under any option, or stock award, or restricted stock purchase offer outstanding as of the date thereof without the written consent of the participant. |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                           |   |      |   | Options       |    |   | StockAwards |   |    |       |   |
|-------------------------------------|--------|-----------|--------|---------------|---------|--------|-------------|--------|---------|------------|--------|
|                                |   |      |   |          |    |   |        |   |    |       |   |   | Equity |   |   | Grant |   |
|                                |   |      |   |          |    |   |        |   |    |       |   |   | Incentive |   |   | Date Fair |   |
|                                |   |      |   |     |    |   |        |   |    |       |   |   | Plan Awards: |   |   | Value of |   |
|                                |   |      |   | Number of     |    |   |        |   |    |       |   |   | Number of |   |   | Stock |   |
|                                |   |      |   | Securities    |    |   | Option      |   |    |       |   |   | Shares, |   |   | and |   |
|                                |   |      |   | Underlying    |    |   | Exercise    |   |    | Option     |   |   | Units or |   |   | Options |   |
|                                |   | Grant     |   | Options (#)   |    |   | Price       |   |    | Expiration |   |   | Other Rights |   |   | Awards |   |
| Name/Award                          |   | Date      |   | Unexercisable |    |   | ($)         |   |    | Date       |   |   | (#) |   |   | ($) (1) |   |
| Kaleil Isaza Tuzman                 |   |      |   |          |    |   |        |   |    |       |   |   |   |   |   |   |   |   |
| Stock options (2)                   |   | 8/30/2010 |   |          | 335,000 |   |        |   | 8.62    |       |   | 8/30/2015 |   |   |   | — |   |   |   | 1,557,750 |   |
| Time-Based RSUs (3)                 |   | 8/30/2010 |   |          | — |   |        |   | — |       |   |   | — |   |   |   | 94,000 |   |   |   | 810,280 |   |
| Performance and Time-Based RSUs (4) |   | 8/30/2010 |   |          | — |   |        |   | — |       |   |   | — |   |   |   | 96,000 |   |   |   | 827,520 |   |
| Gavin Campion                       |   |      |   |          |    |   |        |   |    |       |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock options (2)                   |   | 8/30/2010 |   |          | 216,000 |   |        |   | 8.62    |       |   | 8/30/2015 |   |   |   | — |   |   |   | 1,004,400 |   |
| Time-Based RSUs (3)                 |   | 8/30/2010 |   |          | — |   |        |   | — |       |   |   | — |   |   |   | 73,512 |   |   |   | 633,673 |   |
| Performance and Time-Based RSUs (4) |   | 8/30/2010 |   |          | — |   |        |   | — |       |   |   | — |   |   |   | 48,000 |   |   |   | 413,760 |   |
| Robin Smyth                         |   |      |   |          |    |   |        |   |    |       |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock options (2)                   |   | 8/30/2010 |   |          | 138,000 |   |        |   | 8.62    |       |   | 8/30/2015 |   |   |   | — |   |   |   | 641,700 |   |
| Time-Based RSUs (3)                 |   | 8/30/2010 |   |          | — |   |        |   | — |       |   |   | — |   |   |   | 50,000 |   |   |   | 431,000 |   |
| Performance and Time-Based RSUs (4) |   | 8/30/2010 |   |          | — |   |        |   | — |       |   |   | — |   |   |   | 28,000 |   |   |   | 241,360 |   |

----

|   | (1) | Amounts reflect the aggregate grant-date fair value in accordance with FASB ASC Topic 718 for equity awards granted to the Named Executive Officers during the applicable year. The assumptions we use in calculating these amounts are discussed in Note 14 of the Notes to our consolidated financial statements for the year ended December 31, 2010 included in our Annual Report on Form 10-K. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | Consists of stock options that vest in forty-eight (48) equal monthly installments based on continued employment. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------|

|   | (3) | Consists of Time-based RSUs that vest in forty-eight (48) equal monthly installments based on continued employment. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------|

|   | (4) | Consists of Performance and Time-based RSUs that vest in forty-eight (48) equal monthly installments based on continued employment and the Company’s stock 20-day volume weighted average stock price exceeds the grant date closing price by 115% for 50% of the grant and by 130% for 50% of the grant. Both of these performance targets were met before the end of October 2010. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                         |   | Options     |    |   | Stock Awards  |   |
|----------------------------------------------|--------|-------------|---------|--------|---------------|--------|
|                                         |   |        |    |   |          |   |   |   |   |   |   |   |   |   |   |   | Equity |   |
|                                         |   |        |    |   |          |   |   |   |   |   |   |   |   | Equity |   |   | Incentive |   |
|                                         |   |        |    |   |          |   |   |   |   |   |   |   |   | Incentive |   |   | Plan Awards: |   |
|                                         |   |        |    |   |          |   |   |   |   |   |   |   |   | Plan Awards: |   |   | Market or |   |
|                                         |   |        |    |   |          |   |   |   |   |   |   |   |   | Number of |   |   | Payout Value |   |
|                                         |   |        |    |   |          |   |   |   |   |   |   |   |   | Unearned |   |   | of Unearned |   |
|                                         |   | Number of   |    |   | Number of     |   |   |   |   |   |   |   |   | Shares, |   |   | Shares, |   |
|                                         |   | Securities  |    |   | Securities    |   |   |   |   |   |   |   |   | Units or |   |   | Units or |   |
|                                         |   | Underlying  |    |   | Underlying    |   |   | Option |   |   |   |   |   | Other Rights |   |   | Other Rights |   |
|                                         |   | Unexercised |    |   | Unexercised   |   |   | Exercise |   |   | Option |   |   | that Have |   |   | That Have |   |
|                                         |   | Options (#) |    |   | Options (#)   |   |   | Price |   |   | Expiration |   |   | Not Vested |   |   | Not Vested |   |
| Name/Award                                   |   | Exercisable |    |   | Unexercisable |   |   | ($) |   |   | Date |   |   | (#) |   |   | ($) (8) |   |
| Kaleil Isaza Tuzman                          |   |        |    |   |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock options under the 2004 Option Plan (1) |   |        | 58,888  |   |          |   | 1,112 |   |   |   | 6.11 |   |   | 1/9/2013 |   |   |   | — |   |   |   | — |   |
| Stock options under the 2004 Option Plan (3) |   |        | 12,500  |   |          |   | 7,500 |   |   |   | 9.80 |   |   | 6/21/2013 |   |   |   | — |   |   |   | — |   |
| Stock options (5)                            |   |        | 27,917  |   |          |   | 307,083 |   |   |   | 8.62 |   |   | 8/30/2015 |   |   |   | — |   |   |   | — |   |
| Time-Based RSUs (6)                          |   |        | — |   |          |   | — |   |   |   | — |   |   |   | — |   |   |   | 86,167 |   |   |   | 1,382,119 |   |
| Performance and Time-Based RSUs (7)          |   |        | — |   |          |   | — |   |   |   | — |   |   |   | — |   |   |   | 88,000 |   |   |   | 1,411,520 |   |
| Gavin Campion                                |   |        |    |   |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock options (2)                            |   |        | 26,919  |   |          |   | 7,367 |   |   |   | 2.80 |   |   | 3/17/2013 |   |   |   | — |   |   |   | — |   |
| Stock options (3)                            |   |        | 12,500  |   |          |   | 7,500 |   |   |   | 9.80 |   |   | 6/21/2013 |   |   |   | — |   |   |   | — |   |
| Stock options (5)                            |   |        | 18,000  |   |          |   | 198,000 |   |   |   | 8.62 |   |   | 8/30/2015 |   |   |   | — |   |   |   | — |   |
| Time-Based RSUs (6)                          |   |        | — |   |          |   | — |   |   |   | — |   |   |   | — |   |   |   | 67,385 |   |   |   | 1,080,855 |   |
| Performance and Time-Based RSUs (7)          |   |        | — |   |          |   | — |   |   |   | — |   |   |   | — |   |   |   | 44,000 |   |   |   | 705,760 |   |
| Robin Smyth                                  |   |        |    |   |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock options (4)                            |   |        | 11,715  |   |          |   | 0 |   |   |   | 2.80 |   |   | 3/17/2013 |   |   |   | — |   |   |   | — |   |
| Stock options (3)                            |   |        | 4,463   |   |          |   | 2,680 |   |   |   | 9.80 |   |   | 6/21/2013 |   |   |   | — |   |   |   | — |   |
| Stock options (5)                            |   |        | 11,500  |   |          |   | 126,500 |   |   |   | 8.62 |   |   | 8/30/2015 |   |   |   | — |   |   |   | — |   |
| Time-Based RSUs (6)                          |   |        | — |   |          |   | — |   |   |   | — |   |   |   | — |   |   |   | 45,833 |   |   |   | 735,161 |   |
| Performance and Time-Based RSUs (7)          |   |        | — |   |          |   | — |   |   |   | — |   |   |   | — |   |   |   | 25,667 |   |   |   | 411,699 |   |

----

|   | (1) | Consists of stock options with an initial amount vested immediately and the balance vesting in thirty-six (36) equal monthly installments. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | Consists of stock options with an initial amount vested immediately and the balance vesting in sixteen (16) equal quarterly installments. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------|

|   | (3) | Consists of stock options vesting in sixteen (16) equal quarterly installments. |
|--------|-----|---------------------------------------------------------------------------------|

|   | (4) | Consists of stock options with an initial amount vested immediately. |
|--------|-----|----------------------------------------------------------------------|

|   | (5) | Consists of stock options that vest in forty-eight (48) equal monthly installments based on continued employment. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------|

|   | (6) | Consists of Time-based RSUs that vest in forty-eight (48) equal monthly installments based on continued employment. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------|

|   | (7) | Consists of Performance and Time-based RSUs that vest in forty-eight (48) equal monthly installments based on continued employment and the Company’s stock 20-day volume weighted average stock price exceeds the grant date closing price by 115% for 50% of the grant and by 130% for 50% of the grant. Both of these performance targets were met before the end of October 2010. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (8) | Based on the $16.04 closing sale price of our common stock on December 31, 2010 as reported by the NASDAQ Global Select Market. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------|

|                                                           |   | Number of Securities to beIssued Upon Exercise ofOutstanding Options,Warrants and Rights |      |   | Weighted-AverageExercise Price ofOutstanding Options,Warrants and Rights |   |   | Number of SecuritiesRemaining Available forFuture Issuance under EquityCompensations (1) |   |
|----------------------------------------------------------------|--------|------------------------------------------------------------------------------------------|-----------|--------|--------------------------------------------------------------------------|--------|--------|------------------------------------------------------------------------------------------|--------|
| Equity compensation plans approved by security holders         |   |                                                                                     | 3,035,724 |   |                                                                     | $      | 8.58   |                                                                                     |   |   | 380,674 |   |
|                                                           |   |                                                                                     |      |   |                                                                     |   |   |                                                                                     |   |   |   |   |
| Equity compensation plans approved by security holders (2)     |   |                                                                                     | 80,000    |   |                                                                     | $      | 7.03   |                                                                                     |   |   | 262,858 |   |
|                                                           |   |                                                                                     |      |   |                                                                     |   |   |                                                                                     |   |   |   |   |
| Equity compensation plans not approved by security holders (3) |   |                                                                                     | 787,700   |   |                                                                     | $      | 8.62   |                                                                                     |   |   | 712,300 |   |
|                                                           |   |                                                                                     |      |   |                                                                     |   |   |                                                                                     |   |   |   |   |
| Total                                                          |   |                                                                                     | 3,903,424 |   |                                                                     | $      | 8.56   |                                                                                     |   |   | 1,355,832 |   |

----

----

| (1) | Consists of shares that may be granted under our 2008 Incentive Stock Plan. |
|-----|-----------------------------------------------------------------------------|

| (2) | Consists of shares that may be granted under our 2004 Stock Option Plan. |
|-----|--------------------------------------------------------------------------|

| (3) | Consists of an additional 1,500,000 authorized shares that may be granted under our 2008 Incentive Stock Plan, which increase was approved by our board of directors and is subject to ratification by our stockholders at our 2011 annual meeting of stockholders. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | Grant of stock options to purchase 8,143 shares of our common stock pursuant to our 2008 Incentive Stock Plan. |
|--------|---------|----------------------------------------------------------------------------------------------------------------|

|   | • | Annual compensation in the amount of $37,500, payable quarterly, which may be paid in either cash or stock options (priced using the “Black-Scholes-Merton” options pricing model), or a combination of both. The form of payment (i.e., cash, stock options or a combination) will be determined by us in our sole discretion; provided that if we are operating income (or EBITDA) positive in the preceding calendar year, such determination may be made by each independent director. The lead independent director will receive annual compensation in the amount of $50,000 in consideration for broader responsibilities. |
|--------|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | Fees of $2,000 per board meeting attended; $1,500 per committee meeting chaired; and $750 per committee meeting attended but not chaired. The foregoing fees will be discounted by 50% when meetings are attended or chaired telephonically. Payment will be made according to the same schedule and in the same manner as set forth in the paragraph above. |
|--------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                  |   | Fees Earned |    |   |       |   |   |   |   |
|-----------------------|--------|-------------|---------|--------|------------|--------|--------|--------|--------|
|                  |   | or Paid in  |    |   | Option     |   |   |   |   |
|                  |   | Cash        |    |   | Awards ($) |   |   | Total  |   |
| Name and              |   | ($)         |    |   | (1)        |   |   | ($)    |   |
|                  |   |        |    |   |       |   |   |   |   |   |
| Kamal El-Tayara (2)   |   |        | 42,469  |   |       |   | 21,879 |   |   |   | 64,348 |   |
|                  |   |        |    |   |       |   |   |   |   |   |   |   |
| Steven G. Felsher (2) |   |        | — |   |       |   | 68,811 |   |   |   | 68,811 |   |
|                  |   |        |    |   |       |   |   |   |   |   |   |   |
| Daniel W. Hart        |   |        | — |   |       |   | 70,841 |   |   |   | 70,841 |   |
|                  |   |        |    |   |       |   |   |   |   |   |   |   |
| Lars Kroijer          |   |        | — |   |       |   | 76,840 |   |   |   | 76,840 |   |
|                  |   |        |    |   |       |   |   |   |   |   |   |   |
| Joseph E. Mullin III  |   |        | — |   |       |   | 26,313 |   |   |   | 26,313 |   |
|                  |   |        |    |   |       |   |   |   |   |   |   |   |
| Wayne Walker          |   |        | — |   |       |   | 77,472 |   |   |   | 77,472 |   |
|                  |   |        |    |   |       |   |   |   |   |   |   |   |
| Chris Williams (3)    |   |        | — |   |       |   | 42,199 |   |   |   | 42,199 |   |

----

|   | (1) | The determination of value of option awards is based upon the Black-Scholes-Merton Option pricing model, details and assumptions of which are set out in our financial statements. The amounts represent annual amortization of fair value of stock options granted to the named director. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (2) | Messrs. El-Tayara and Felsher resigned from our board in January 2011 and August 2010, respectively. |
|--------|-----|------------------------------------------------------------------------------------------------------|

|   | (3) | Mr. Williams has served as Executive Vice President, Product Development since June 2010 but is not considered an executive officer of the company. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------|

| Name and Address of Beneficial Owner                        |   | Amount and Natureof Beneficial Ownership |      |   | Percent ofCommon Stock (1) |   |
|-------------------------------------------------------------|--------|------------------------------------------|-----------|--------|----------------------------|--------|
| KIT Media Ltd.                                              |   |                                     |      |   |                       |   |
| Mill Mall, Suite 6                                          |   |                                     |      |   |                       |   |
| Wickhams Cay 1                                              |   |                                     |      |   |                       |   |
| P.O. Box 3085                                               |   |                                     |      |   |                       |   |
| Road Town, Tortola                                          |   |                                     |      |   |                       |   |
| British Virgin Islands                                      |   |                                     | 2,720,432 | (2)    |                       |   | 7.1 | % |
|                                                        |   |                                     |      |   |                       |   |   |   |
| KIT Capital, Ltd.                                           |   |                                     |      |   |                       |   |   |   |
| P.O. Box 112888                                             |   |                                     |      |   |                       |   |   |   |
| Dubai, United Arab Emirates                                 |   |                                     | 300,046   | (3)    |                       |   | * |   |
|                                                        |   |                                     |      |   |                       |   |   |   |
| Kaleil Isaza Tuzman, sum of above                           |   |                                     | 3,020,478 | (2)(3) |                       |   | 7.9 | % |
| Gavin Campion                                               |   |                                     | 118,145   | (4)    |                       |   | * |   |
| Robin Smyth                                                 |   |                                     | 96,851    | (5)    |                       |   | * |   |
| Christopher Williams                                        |   |                                     | 12,147    | (6)    |                       |   | * |   |
| Daniel W. Hart                                              |   |                                     | 50,580    | (7)    |                       |   | * |   |
| Lars Kroijer                                                |   |                                     | 58,338    | (8)    |                       |   | * |   |
| Joseph E. Mullin III                                        |   |                                     | 8,171     | (9)    |                       |   | * |   |
| Santo Politi                                                |   |                                     | 965,587   | (10)   |                       |   | 2.5 | % |
| Wayne Walker                                                |   |                                     | 53,523    | (11)   |                       |   | * |   |
|                                                        |   |                                     |      |   |                       |   |   |   |
| FMR LLC                                                     |   |                                     |      |   |                       |   |   |   |
| 82 Devonshire Street                                        |   |                                     |      |   |                       |   |   |   |
| Boston, MA 02169                                            |   |                                     | 5,268,770 | (12)   |                       |   | 13.7 | % |
|                                                        |   |                                     |      |   |                       |   |   |   |
| Wellington Management Company, LLP                          |   |                                     |      |   |                       |   |   |   |
| 75 State Street                                             |   |                                     |      |   |                       |   |   |   |
| Boston, MA 02169                                            |   |                                     | 2,792,668 | (13)   |                       |   | 11.5 | % |
|                                                        |   |                                     |      |   |                       |   |   |   |
| Zivar Investments Ltd.                                      |   |                                     |      |   |                       |   |   |   |
| 10/8 International Commercial Centre                        |   |                                     |      |   |                       |   |   |   |
| Casemates Square, Gibraltar, Gibraltar                      |   |                                     | 1,998,880 | (14)   |                       |   | 5.2 | % |
|                                                        |   |                                     |      |   |                       |   |   |   |
| All directors and executive officers as a group (9 persons) |   |                                     | 4,383,819 |   |                       |   | 11.3 | % |

----

----

| * | Less than 1% of the outstanding common stock. |
|---|-----------------------------------------------|

| (1) | Applicable percentage ownership is based on 38,404,833 shares of common stock outstanding as of April 29, 2011. |
|-----|-----------------------------------------------------------------------------------------------------------------|

| (2) | Kaleil Isaza Tuzman, our Chairman and Chief Executive Officer, holds a controlling interest in KIT Media and holds the voting and dispositive power of the shares directly held by KIT Media. For purposes of voting, on an actual basis, KIT Media owns 7.1% of our outstanding shares. For purposes of voting, on an actual basis, Mr. Isaza Tuzman owns 7.9% of our outstanding shares. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | Represents (a) 127,858 shares of common stock, (b) 73,750 shares of common stock issuable upon the exercise of stock options granted under the 2004 Stock Option Plan, (c) 62,813 shares of common stock issuable upon the exercise of stock options granted under the 2008 Incentive Plan and (d) 35,625 shares of common stock issuable under RSUs under the 2008 Incentive Plan.  Mr. Isaza Tuzman holds a controlling interest in KIT Capital and holds the voting and dispositive power of the shares directly held by KIT Capital. For purposes of voting, on an actual basis, KIT Capital owns 0.3% of our outstanding shares. For purposes of voting, on an actual basis, Mr. Isaza Tuzman owns 7.9% of our outstanding shares. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | Represents (a) 12,719 shares of common stock, (b) 82,642 shares of common stock issuable upon the exercise of stock options granted under the 2008 Incentive Plan and (c) 22,784 shares of common stock issuable under RSUs under the 2008 Incentive Plan.  For purposes of voting, on an actual basis, Mr. Campion owns less than 1% of our outstanding shares. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | Represents (a) 5,441 shares of common stock, (b) 42,499 shares of common stock issuable upon exercise of stock options granted under the 2008 Incentive Plan, (c) 34,286 shares of common stock issuable upon exercise of warrants and have an expiration date of March 30, 2012 and (d) 14,625 shares of common stock issuable under RSUs under the 2008 Incentive Plan.  For purposes of voting, on an actual basis, Mr. Smyth owns less than 1% of our outstanding shares. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6) | Represents shares of common stock issuable upon the exercise of stock options granted under the 2008 Incentive Plan. For purposes of voting, on an actual basis, Mr. Williams owns no outstanding shares. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (7) | Represents shares of common stock issuable upon the exercise of stock options granted under the 2008 Incentive Plan, which are currently exercisable. For purposes of voting, on an actual basis, Mr. Hart owns no outstanding shares. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| (8) | Represents (a) 6,143 shares of common stock and (b) 52,195 shares of common stock issuable upon the exercise of stock options granted under the 2008 Incentive Plan.  For purposes of voting, on an actual basis, Mr. Kroijer owns less than 1% of our outstanding shares. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (9) | Represents shares of common stock issuable upon the exercise of stock options granted under the 2008 Incentive Plan. For purposes of voting, on an actual basis, Mr. Mullin owns no outstanding shares. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10) | Represents shares of common stock. Santo Politi is a managing member of Spark Management Partners, LLC, the general partner of Spark Capital, LP, Spark Capital Founders' Fund, LP and Spark Member Fund, LP, the direct holders of the stock. Voting and investment power over the Issuer's stock is shared by managing members of Spark Management Partners, LLC. For purposes of voting, on an actual basis, Mr. Politi indirectly owns 2.5% of our outstanding shares. |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (11) | Represents (a) 1,118 shares of common stock and (b) 52,405 shares of common stock issuable upon the exercise of stock options granted under the 2008 Incentive Plan.  For purposes of voting, on an actual basis, Mr. Walker owns less than 1% of our outstanding shares. |
|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (12) | As reported in a Schedule 13G filed with the SEC on February 14, 2011. For purposes of voting, on an actual basis, FMR LLC beneficially owns 13.7% of our outstanding shares. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (13) | As reported in a Schedule 13G filed with the SEC on April 11, 2011.  Wellington Management Company, LLP, in its capacity as investment adviser, may be deemed to beneficially own such shares of common stock which are held of record by clients of Wellington Management Company, LLP.  None of these clients owns more than 5% of our outstanding shares of common stock.  For purposes of voting, on an actual basis, Wellington Management Company, LLP owns 11.5% of our outstanding shares. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (14) | As reported in a Schedule 13G filed with the SEC on May 5, 2010.  For purposes of  voting, on an actual basis, Zivar Investments Ltd. owns 5.2% of our outstanding shares. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Grant Thornton     |   |
|--------------------|--------|
|          |   | 2010 Fees |   |   | 2009 Fees |   |
| Audit Fees         |   | $ | 906,470 |   |   | $ | 407,449 |   |
| Audit-Related Fees |   |   | — |   |   |   | — |   |
| Tax Fees           |   |   | — |   |   |   | — |   |
|          |   |   |    |   |   |   |   |   |
| Total Fees         |   | $ | 906,470 |   |   | $ | 407,449 |   |

| MSPC               |   |
|--------------------|--------|
|               |   | 2010 Fees |   |   | 2009 Fees |   |
| Audit Fees         |   | $ | 20,708 |   |   | $ | 65,042 |   |
| Audit-Related Fees |   |   | — |   |   |   | — |   |
| Tax Fees           |   |   | — |   |   |   | — |   |
|               |   |   |   |   |   |   |   |   |
| Total Fees         |   | $ | 20,708 |   |   | $ | 65,042 |   |

----

----

| ExhibitNumber |   | Description                                                                                                                                                               |
|---------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|          |   |                                                                                                                                                                      |
| 31.1          |   | Certification of the Chairman and Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                      |
|          |   |                                                                                                                                                                      |
| 31.2          |   | Certification of the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                                                                   |
|          |   |                                                                                                                                                                      |
| 32.1          |   | Certification of the Chairman and Chief Executive Officer pursuant to 18 U.S.C.  Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
|          |   |                                                                                                                                                                      |
| 32.2          |   | Certification of the Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.                    |

----

| Date:  May 2, 2011 | KIT DIGITAL, INC. |
|------------------------------|-------------------|
|                         |              |   |
|                         | By:               | /s/ Kaleil Isaza Tuzman |
|                         |              | Kaleil Isaza Tuzman |
|                         |              | Chairman and Chief Executive Officer |
|                         |              | (Principal Executive Officer) |
|                         |              |   |
|                         | By:               | /s/ Robin Smyth |
|                         |              | Robin Smyth |
|                         |              | Chief Financial Officer |
|                         |              | (Principal Financial and Accounting Officer) |

----