AccessIT to Meet Asian Exhibitors, Push Asian Digital Cinema Market Development
AccessIT to Meet Asian Exhibitors, Push Asian Digital Cinema Market Development
- 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/
Source: 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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