Access Integrated Technologies To Join Russell 2000 Index

Access Integrated Technologies To Join Russell 2000 Index

MORRISTOWN, N.J., June 22 /PRNewswire-FirstCall/ -- Access Integrated Technologies, Inc. ("AccessIT") (NASDAQ:AIXD) announced today that it is scheduled to join the Russell 2000 Index when the Russell Investment Group reconstitutes its family of 23 U.S. indexes. The Russell Investment Group, part of the Frank Russell Company, recently posted a preliminary list of additions to its indexes at http://www.russell.com/us/Indexes/US/Reconstitution/recon_additions.asp. The newly reconstituted Russell U.S. indexes will be effective at the close of the U.S. markets on June 30 and the definitive list of companies in the Russell 2000(R) Index is expected to be posted July 3.

Annual reconstitution of Russell indexes captures the 3,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization to create the Russell 3000. The largest 1,000 companies in the ranking comprise the Russell 1000 while the remaining 2,000 companies become the widely used Russell 2000.

Bud Mayo, Chairman and CEO of AccessIT, commented: "Along with our recent move to the Nasdaq National Market, AccessIT's inclusion in the Russell 2000 index is another important achievement for the company as we continue to broaden its awareness with investors the world over and build upon our leading role in enabling the exhibition industry's transition to digital cinema."

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. An industry-leading $3.8 trillion in assets currently are benchmarked to them. Investment managers who oversee these funds purchase shares of member stocks according to that company's weighting in the particular index.

Access Integrated Technologies, Inc. (AccessIT) is the industry leader in providing fully integrated software and services to enable the motion picture entertainment industry and all of its constituents to transition from film to digital cinema. Its studio-backed 4,000 screen ongoing deployment of digital systems is the first and the largest of its kind in the world. The company's Theatrical Distribution System software and electronic satellite delivery services provide studios and content owners with a seamless entry into the digital era while its vendor neutral Theatre Command Center and Exhibitor Management System provide exhibitors with all the tools needed to transition to digital cinema. For more information on AccessIT, visit http://www.accessitx.com/.

Russell Investment Group a global leader in multi-manager investment services, provides investment products and services in 44 countries. Russell manages more than $167 billion in assets and advises clients worldwide representing $2.4 trillion. Founded in 1936, Russell is a subsidiary of Northwestern Mutual and is headquartered in Tacoma, Washington, with additional offices in New York, Toronto, London, Paris, Singapore, Sydney, Auckland and Tokyo. For more information, go to http://www.russell.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:

Michael Glickman
The Dilenschneider Group
212.922.0900

Suzanne Tregenza Moore
AccessIT
55 Madison Avenue
Suite 300
Morristown, NJ 07960
(973) 290-0056
www.accessitx.com

Source: Access Integrated Technologies, Inc.

CONTACT: Michael Glickman of The Dilenschneider Group, +1-212-922-0900,
for AccessIT; or Suzanne Tregenza Moore of AccessIT, +1-973-290-0056

Web site: http://www.accessitx.com/
http://www.russell.com/

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