Cinema West's Screens Joins AccessIT's Digital Cinema Rollout
Cinema West's Screens Joins AccessIT's Digital Cinema Rollout
MORRISTOWN, N.J., Oct. 13 /PRNewswire-FirstCall/ -- Access Integrated Technologies, Inc. ("AccessIT") (NASDAQ:AIXD) today announced that independent exhibitor Cinema West (www.cinemawest.com) has signed a contract with the company's wholly owned subsidiary Christie/AIX, for the installation of state-of-the-art digital cinema systems for all 64 of its screens.
Cinema West operates a chain of eight multiplex facilities located throughout northern California, some within the San Francisco area, featuring such amenities as stadium seating, wall-to-wall big screens and enhanced food and beverage choices. It is the seventh chain to contract with AccessIT, raising total exhibitor commitment to its digital cinema deployment plan to over 3,000 screens.
David Corkill, Owner, of Cinema West, said: "The Cinema West experience is founded on providing a unique, high-quality entertainment experience, ranging from the distinctive architecture and look of our theatres to a list of luxury amenities. Digital cinema will give Cinema West not only the best visual presentation, but unmatched flexibility and expanded programming choices. AccessIT's commitment to ensuring our success and providing all the tools and services required to support our business and the needs of our customers make them unique in the industry."
Chuck Goldwater, President of AccessIT's Media Services Group and Christie/AIX, commented: "It is visionary and enterprising exhibitors like Cinema West that are recognizing and embracing the benefits that digital cinema can create for them today. AccessIT and our partners at Christie continue to lead the transition providing exhibitors with a fully integrated solution plus a complete array of ancillary services from our Media Services Group. These include revenue-generating pre-show entertainment and alternative content programming, enabling them to capitalize on the many benefits of digital technology."
"Cinema West has a distinct value proposition that they offer to the movie going public. With the addition of Christie's CP2000 digital projection solution to their theatres, they have rounded out this value proposition and can now offer the ultimate cinema experience to every person who walks through their doors," stated Craig Sholder, Vice President, Entertainment Solutions, Christie USA.
AccessIT's Christie/AIX unit serves as the funding vehicle and administrator for the company's studio-supported 4,000-screen digital cinema rollout plan supported by major studios and independent distributors, among others -- and exhibitors who will receive turnkey, Digital Cinema systems in conformance with DCI specifications, including 2K DLP Cinema(R) projectors and related hardware and AccessIT's unique theatre management software. To date, Christie/AIX has contracted to install more than 3,000 systems in thirty-nine states and has completed the rollout of more than 1,200 screens with exhibitors including Emagine, UltraStar, Galaxy, Rave and Carmike Cinemas.
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 www.accessitx.com.
Christie is a leader in visual solutions for world-class organizations, offering diverse applications for business, entertainment, and industry. A leading innovator in film projection since 1929 and a pioneer in projection systems since 1979, Christie has established a global reputation as a total service provider and the world's single source manufacturer of a variety of display technologies and solutions. Christie offers comprehensive solutions for cinema, large audience venues, control rooms, business presentations, training facilities, 3D and Virtual Reality, simulation and education as well as industrial and government environments. Christie solutions are used in over 75,000 locations worldwide, including more than 10,000 projectors and displays networked with ChristieNET(TM) networking devices. For more information on Christie's cinema solutions and to find a theatre with Christie Digital Cinema projectors, visit www.christiedigital.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 Andrew Komendantov
AccessIT The Dilenschneider Group
55 Madison Avenue 212.922.0900
Suite 300
Morristown, NJ 07960
973.290.0080
www.accessitx.com
http://www.cinemawest.com
Source: Access Integrated Technologies, Inc.
CONTACT: Suzanne Tregenza Moore of AccessIT, +1-973-290-0080; or Andrew
Komendantov, The Dilenschneider Group, +1-212-922-0900
Web site: http://www.accessitx.com/
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