Ad Exchange adBrite To Shut Down On Feb. 1

Ad exchange adBrite told partners today that it will be shutting down on Feb. 1. A couple of TechCrunch readers sent us copies of the emails that went out to adBrite publishers and advertisers. Here's the advertiser version:

Dear adBrite Advertiser, Over the last few weeks, adBrite and its management have been evaluating the go-forward plan for the business. Given market conditions and certain financial liabilities, in working with our lenders, we have decided to cease operations on Feb 1, 2013.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/0VZQ8_NPHYw/

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