reg Doc 376 Filed 07/22/13 Entered 07/22/13 23:20:26 Main Document Pg 1 of 12

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1 Pg 1 of 12 IN THE UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK ) In re: ) Chapter 11 ) KIT digital, Inc., ) Case No (REG) ) Debtor. ) ) DECLARATION OF JEFFREY L. PIRRUNG CERTIFYING VOTE ON AND TABULATION OF BALLOTS ACCEPTING AND REJECTING THE FIRST AMENDED PLAN OF REORGANIZATION OF KIT DIGITAL, INC. STATE OF FLORIDA ) ) ss: COUNTY OF DUVAL ) I, Jeffrey L. Pirrung, being duly sworn, represent and say: 1. I am a Managing Director of American Legal Claim Services, LLC ( ALCS ) and, unless otherwise indicated, have personal knowledge of the facts set forth herein. 2. In its capacity as Balloting Agent, ALCS reviewed the classification of claims and interests pursuant to the First Amended of Reorganization of Kit digital, Inc. (the ). ALCS mailed the ballots (the Ballots ) and notices with respect to the in accordance with the Order Approving (I) the Disclosure Statement; (II) The Voting Record Date, Voting Deadline, and Other Dates; (III) Procedures for Soliciting, Receiving, and Tabulating Votes on the and for Filing Objections to the ; and (IV) the Manner and Forms of Notice and Other Related Documents (the Solicitation Procedures Order ). Service of the Ballots, notices and other items in the solicitation packages is memorialized at Docket Nos. 290 and The following table describes each class of claims as set forth in the, whether such class is impaired under the and whether such class is entitled to vote on the : (Continued on the Following Page)

2 reg Doc 376 Filed 07/22/13 Entered 07/22/13 23:20:26 Pg 2 of 12 Main Document

3 Pg 3 of 12 Exhibit A

4 Pg 4 of 12 Exhibit A Summary of Voting Tabulation Total Ballots Included In Tabulation Accept Reject Voting Class Amount Number Amount Number Class 2- WTI Secured Claims $10,067, % Class 4- General Unsecured Claims $8,329, Class 5- Securities Litigation Claims Class 6- Subordinated Claims (other than Securities Litigation Claims) 89.35% $ % Class 7- Interests 22,513, % % % $ % $993, % No Ballots Received In This Class % $25,958, % N/A 7,687, % % % % N/A

5 Pg 5 of 12 Exhibit B

6 Exhibit B Pg 6 of 12 KIT digital, Inc. Ballot Report Class 2 - WTI Secured Claims Accepting the Against the Ballot Number Creditor Name Comments Number of Votes to Accept the Number of Votes Against the 2-1 VENTURE LENDING & LEASING V, INC. 1 $8,734, VENTURE LENDING & LEASING VI, INC. 1 $1,333, Totals: 2 $10,067, $0.00 % Numerosity Accepting: % % Numerosity Against: 0.000% % Amount Accepting: % % Amount Against: 0.000%

7 Exhibit B KIT digital, Pg Inc. 7 Ballot of 12 Report Class 4 - General Unsecured Claims Ballot Number Creditor Name Comments Number of Votes to Accept the Accepting the Number of Votes Against the Against the 4 1 WALL STREET TRANSCRIPT 1 $ DASH, DEBORAH E Richard, Layton & Finger 1 $27, Saul Ewing LLP 1 $37, Bright Angel, Inc 1 $47, Pure Incubation 1 $12, IDG Communications, Inc. dba IDG Connect 1 $70, Pedley & Gordinier, PLLC 1 $3, Haivision Network Video 1 $127, AVP TERMITE & PEST CONTROL 1 $ Morgenthaler Management Corporation 1 $9, HAMAIDE, FABRICE 1 $1,072, Amir Hegazi 1 $20, LEVEMENTUM LLC 1 $97, SDG Corporation 1 $49, JEC Capital Partners LLC 1 $3,309, TRC MASTER FUND LLC as Assignee of Rottenberg 4 18 Lipman Rich, PC 1 $122, BROCADE COMMUNICATIONS SYSTEMS, INC. 1 $211, Balaji Software 1 $89, Pricewaterhouse Coopers Australia 1 $114, W.B.Mason Co., Inc. 1 $1, Amol Consultants, LLC 1 $7, SONAR CREDIT PARTNERS II, LLC AS ASSIGNEE OF 4 24 EMPATHY LAB, LLC 1 $21, CT Partners Executive Search, Inc. 1 $548, AKAMAI TECHNOLOGIES, INC. 1 $612, Price Waterhouse Coopers AG Voting Deadline Extended by Debtor per Solicitation Procedures Order 12(d) 1 $15, Charles F. Stirling Voting Deadline Extended by Debtor per Solicitation Procedures Order 12(d) 1 $24, Jones Day Voting Deadline Extended by Debtor per Solicitation Procedures Order 12(d) 1 $1,614, Voting Deadline Extended by Debtor and Submitted electronically Deficiency Waived by 4 31 Alvarez & Marsal Debtor per Solicitation Procedures Order 12(d) 1 $322, Hynes, Adam Voting Deadline Extended by Debtor per Solicitation Procedures Order 12(d) 1 $122, Submitted Electronically Deficiency Waived by Debtor per Solicitation Procedures Order 4 33 The Hanson Firm 12(d) 1 $26, ECI Belmont LLC Litigation Voting Deadline Extended by Debtor and Submitted electronically Deficiency Waived by Debtor per Solicitation Procedures Order 12(d) (Replaces Ballot 4 26) 1 $507, Kaleil Isaza Tuzman Voting Deadline Extended by Debtor in connection with Settlement Agreement 1 $75, Totals: 28 $8,329, $993, % Numerosity Accepting: % % Numerosity Against: % % Amount Accepting: % % Amount Against: %

8 Pg 8 of 12 Exhibit B KIT digital, Inc. Ballot Report Class 6 - Subordinated Claims (other than Securities Litigation Claims) Ballot Number Creditor Name Comments Number of Votes to Accept the Accepting the Number of Votes Against the Against the 6-3 Invigor Group Limited Stipulation Allowing for Voting Purposes 1 $15,529, Hartz Capital Investment, LLC Stipulation Allowing for Voting Purposes 1 $2,365, Empery Asset Master, Ltd Stipulation Allowing for Voting Purposes 1 $1,086, Hudson Bay Master Fund Ltd Stipulation Allowing for Voting Purposes 1 $6,977, Totals: 0 $ $25,958, % Numerosity Accepting: 0.000% % Numerosity Against: % % Amount Accepting: 0.000% % Amount Against: %

9 Exhibit B KIT digital, Pg Inc. 9 Ballot of 12 Report Class 7 - Interests Ballot Number Creditor Name Comments Shares Accepting the Shares Against the 7 1 DOREEN M MURRAY & DRAPER FISHER JURVETSON FUND VIII LP 15, DAVID LEWIS Can only verify 6,597 shares 6, William H Raiford 1, DRAPER FISHER JURVETSON FUND VIII LP Zyskind, Barry D. 606, DRAPER FISHER JURVETSON FUND VIII LP 5, Michael Carter Smith, Benj Options Wood, Brian Options STEPHEN WILSON 3, ANDREW METCALF 1, Invigor Group Limited 1,838, Bank of America NA Master Ballot 99, MARK CHRISTIE 534, Christie, Mark Mediant Communications Master Ballot 26, TELEFONICA CAPITAL S A U 28, CARL STORK 5, KRISTAN BULLETT Can only verify 624 shares ROBERT LABATT 1, State Street Bank and Trust Company Master Ballot 1, State Street Bank and Trust Company Master Ballot 600, Bank of NY Mellon Master Ballot 3,436, , Bank of New York Mellon/Mellon Trust of New England NA Master Ballot 1, TD Ameritrade Master Ballot 4,980, Karl Meyer U.S. Bank Master Ballot 1,000, FIO BANKA A.S. Master Ballot 11, , Hudson Bay Master Fund Ltd 290, Goldman Sachs & Co Broadridge , Brown Brothers Harriman & Co. Broadridge 3,192, Morgan Stanley Broadridge 4,228,057 3, Argent Trust Co of Tennessee Broadridge Barclay's Capital Services LLC Broadridge 1, First Clearing LLC Broadridge 10, Apex Clearing Corporation Broadridge Merrill Lynch Broadridge 10, Charles Schwab & Co, Inc. Broadridge 187,817 1, TD Ameritrade Clearing, Inc. Broadridge 468, , Ameriprise Financial Broadridge 7, of 2

10 Exhibit B KIT digital, Pg Inc. 10 Ballot of 12 Report Class 7 - Interests Ballot Number Creditor Name Comments Shares Accepting the Shares Against the 7 31 UBS Financial Services Inc. Broadridge 4, RBC Capital Markets LLC Broadridge 11, U.S. Bancorp Investments Broadridge U.S. Bank Broadridge 1,000, J.P. Morgan Clearing Corporation Broadridge , USAA Brokerage Services Broadridge 25, Interactive Brokers LLC Broadridge 1, Pershing LLC Broadridge 4,397,833 64, E*Trade Securities LLC Broadridge 128,696 42, Oppenheimer & Co. Inc. Broadridge 2, UBS Securities LLC Broadridge 290, Raymond James & Associates, Inc. Broadridge 5, National Financial Services LLC Broadridge 234, , JPMorgan Broadridge Scottrade Inc Broadridge 56,370 1, Capital One Sharebuilder, Inc. Broadridge 1, Vanguard Brokerage Services Broadridge 19, Citadel Derivatives Group, LLC Broadridge 10, Tornielli, Georgio Voting Deadline Extended by Debtor per Solicitation Procedures Order 12(d)(Options) Longo, Andrea Voting Deadline Extended by Debtor per Solicitation Procedures Order 12(d)(Options) Lucchini, Roberto Voting Deadline Extended by Debtor per Solicitation Procedures Order 12(d)(Options) Monzio Compagnoni, Danielle Voting Deadline Extended by Debtor per Solicitation Procedures Order 12(d)(Options) Bonato, Paolo Voting Deadline Extended by Debtor per Solicitation Procedures Order 12(d)(Options) Valecchi, Stefano Voting Deadline Extended by Debtor per Solicitation Procedures Order 12(d)(Options) Guisto, Salvatore Voting Deadline Extended by Debtor per Solicitation Procedures Order 12(d)(Options) Hynes, Adam Voting Deadline Extended by Debtor per Solicitation Procedures Order 12(d)(Options) MARK CHRISTIE Voting Deadline Extended by Debtor per Solicitation Procedures Order 12(d) 61, Clark, John Voting Deadline Extended by Debtor per Solicitation Procedures Order 12(d)(Options) 0 Totals: 22,513,308 7,687,100 % Shares Accepting: % % Shares Against: % 2 of 2

11 Pg 11 of 12 Exhibit C

12 Exhibit C Pg 12 of 12 KIT digital, Inc. Ballots Not Included in Tabulation Ballot Number Creditor Name Comments Number of Votes to Accept the Accepting the Number of Votes Against the Against the 4 15 CTPartners Later Ballot Received Voting In Favor (4 25) 1 $548, Wiser, Philip R. Unresolved Objection to Claim 1 $180, Allred, David Unresolved Objection to Claim 1 $65, ECI Two Belmont LLC Litigation Later Ballot Received Voting In Favor (4 34) 1 $507,370.93