Adengage shutting down?

I just received an email from adengage right now which said that Adengage will be shutting down on Feb 28. Such a large ad network shutting down with only prior information of two weeks is like a bombshell dropping. I am not sure why will they suddenly end such a popular ad network. I was making a couple of hundred dollars with them for many years with them with timely payments and sold lot of direct ads through them but it seems will have to go for some other network to replace their ads. Very surprising and very sudden announcement indeed. Did anybody else receive the email right now.
EDIT: Just checked their website and the content of the email is also displaying in their website. So, it seems to be true and not fake email. Technorati had bought them and I thought they would grow bigger but they are ending […]

See original post by waziuz