Whaaattt!!! AdBrite was one of the most recommended ad exchange platform next to Google adsense. And all of a sudden they call it a day. With just three days notice, they are going to pull down the service.

Here is the email that is sent to all the publishers:

Dear adBrite Publisher,

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.

This is a difficult decision for all of us at adBrite. However, after much deliberation this seems to be the best course of action despite the impact it will have on all the employees, clients and partners who helped build this business. There will be a team in place as needed to assist with winding down.  

Thank you for being part of the adBrite community.

The adBrite Team

 I am wondering what will happen for those who were making their living out of AdBrite. And another sweet surprise is, the ad platform was running with just 26 employees. That is sweeetttt... And now all 26 loose their job.