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Bristol Interactive Acquires Kitara Media

St. Thomas, U.S. Virgin Islands, January 24, 2008 – Bristol Interactive, LLC, an Intrepid Investments, LLC company, today announced it has acquired Kitara Media, Inc., a market leader in online advertising solutions.

The Kitara business model combines powerful yield-based optimization technology with relevant media inventory to achieve positive results. The strategic partnership will give Kitara Media increased capital and resources to help fuel its growth as a leading player in the online display advertising arena.

“This mutual partnership offers great potential for us and our clients and enables us now to provide a 360 degree solution for advertisers and publishers,” stated Robert Regular, CEO of Kitara Media, Inc. “This joint venture will immediately benefit our current client bases and enables us to expand our current business platform through targeted online marketing.”

With the addition of Kitara, Bristol Interactive will continue to broaden its portfolio of services and products provided to clients and partners in the online advertising industry.

Bristol Interactive, LLC
Bristol Interactive, LLC, located in the USVI, provides business management, consulting, marketing, and other services to clients located outside the USVI. Services include online display advertising, affiliate marketing and data management services.

Kitara Media, Inc.
Kitara Media, Inc. is a next generation advertising network focused on the science of optimization, the art of creative development and the building of consultative relationships. Kitara works with top advertising brands, leading publishers and utilizes proven targeting technologies to maximize the value of every online ad impression.

About Intrepid Investments, LLC
Intrepid Investments, LLC is a merchant bank headquartered in the USVI focused on providing equity capital and advisory services related to transaction financing and business planning.

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