AccessIT to Meet Asian Exhibitors, Push Asian Digital Cinema Market Development
07 Diciembre 2005 - 10:30AM
PR Newswire (US)
- Company to Confer With Leading Exhibitors, Distributors in Region
to Detail Digital Product and Service Capabilities - MORRISTOWN,
N.J., Dec. 7 /PRNewswire-FirstCall/ -- Underscoring its capability
for providing digital cinema delivery and exhibition services on a
global scale, Access Integrated Technologies, Inc. ("AccessIT")
(AMEX:AIX) said today David Gajda, the company's Senior Vice
President International, and Chuck Goldwater, President and Chief
Operating Officer of Christie/AIX, will launch major corporate
development activities in Asia, meeting with leading regional
distributors and exhibitors. The meetings will coincide with the
annual "CineAsia" convention and exposition being held in Beijing,
China from December 13th to December 15th. The AccessIT team will
significantly advance discussions already underway for creating a
digital cinema deployment model for Asia based on its current
4,000-screen plan now being implemented in the United States. Mr.
Gajda has also been invited to participate in a blue-chip panel
discussion entitled, "A Focus on Digital" on December 15th, a
highlight event at the "CineAsia," the largest and most important
annual exhibitor gathering of its type in Asia. "Throughout Asia,
exhibitors are quickly embracing digital cinema. As the leader in
developing innovative technical solutions for both studios and
distributors in the U.S. for digital cinema, AccessIT is committed
to expanding its presence overseas," commented Mr. Gajda. "Our
proven content distribution and management capabilities brings to
exhibitors in the region not only solutions for international
distribution, highlighted by our International Theatrical
Distribution System, but real-world experience with exhibitors in
the U.S. who are now transitioning to digital cinema in our
nationwide deployments. We look forward to helping Asian
distributors tap into the global opportunities that digital can
create." Gajda noted that AccessIT has developed software solutions
designed to meet the unique needs of content owners and exhibitors
anywhere in the world, providing them with the tools and technology
to transition to digital cinema allowing them to simplify workflows
and cost effectively manage their businesses. During the trip to
Asia, the AccessIT management team will demonstrate its newest
products including its International Theatrical Distribution System
(iTDS) as well as others specifically tailored to the needs of
operators in the region. iTDS is an international distribution
management application, an expansion of the company's
industry-standard TDS system used by four of the six major
Hollywood studios and over two dozen independent distributors in
the U.S. to manage all key operational and financial elements of
film distribution. It enables users to streamline global movie
releasing, incorporating worldwide functionality within a singular
codebase to eliminate the costly burden of maintaining multiple
territory-specific programs. All of AccessIT's products have been
designed to seamlessly integrate with its digital content delivery
services, creating a powerful global distribution platform and
AccessIT's Theatre Management software. Chuck Goldwater, President
and Chief Operating Officer of Christie/AIX, AccessIT's subsidiary
responsible for financing and managing its digital cinema
deployments in the United States added: "Digital technology has the
potential to eliminate the barriers created by distance, cost and
even language, opening the doors to enormous new opportunities for
distributors and exhibitors alike. As we are demonstrating in the
U.S. with our 4,000-screen digital cinema deployment plan, AccessIT
hopes to serve as an enabler to the operators of the 7,000+ screens
in the Asia Pacific region, whose owners are beginning to realize
the potential of digital cinema and who have not previously been
able to capitalize on the opportunity. Building upon extensive
experience and track record of success with digital cinema, we are
excited by this pioneering opportunity to create deployment plans
in Asia that will accelerate the adoption of digital throughout
this part of the world." About AccessIT Access Integrated
Technologies Inc. (AccessIT) is an industry leader in offering a
fully managed storage and electronic delivery service for owners
and distributors of digital content to movie theaters and other
venues. Supported by its robust platform of fail-safe Internet data
centers, AccessIT is able to leverage the market-leading role of
its Theatrical Distribution System (TDS) with its innovative
digital delivery capabilities and in-theatre management software
systems to provide the highest level of technology available to
enable the emerging digital cinema industry to transition from film
without changing workflows. For more information on AccessIT, visit
http://www.accessitx.com/. Safe Harbor Statement Investors and
readers are cautioned that certain statements contained in this
document, as well as some statements in periodic press releases and
some oral statements of AccessIT officials during presentations
about AccessIT, along with AccessIT 's filings with the Securities
and Exchange Commission, including AccessIT 's registration
statements, quarterly reports on Form 10- QSB and annual report on
Form 10-KSB, are "forward-looking' statements within the meaning of
the Private Securities Litigation Reform Act of 1995 (the "Act").
Forward-looking statements include statements that are predictive
in nature, which depend upon or refer to future events or
conditions, which include words such as "expects", "anticipates",
"intends", "plans", "could", "might", "believes", "seeks",
"estimates" or similar expressions. In addition, any statements
concerning future financial performance (including future revenues,
earnings or growth rates), ongoing business strategies or
prospects, and possible future actions, which may be provided by
AccessIT's management, are also forward-looking statements as
defined by the Act. Forward-looking statements are based on current
expectations and projections about future events and are subject to
various risks, uncertainties and assumptions about AccessIT, its
technology, economic and market factors and the industries in which
AccessIT does business, among other things. These statements are
not guarantees of future performance and AccessIT undertakes no
specific obligation or intention to update these statements after
the date of this release. Contact: Suzanne Tregenza Moore Michael
Glickman AccessIT The Dilenschneider Group 55 Madison Avenue
212.922.0900 Suite 300 Morristown, NJ 07960 973.290.0080
http://www.accessitx.com/ DATASOURCE: Access Integrated
Technologies, Inc. CONTACT: Suzanne Tregenza Moore of AccessIT,
+1-973-290-0080; or Michael Glickman of The Dilenschneider Group,
+1-212-922-0900 Web site: http://www.accessitx.com/
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