Access Integrated Technologies, Inc. Ranked 13th Fastest Growing Company in North America on Deloitte's 2006 Technology Fast 500
Access Integrated Technologies, Inc. Ranked 13th Fastest Growing Company in North America on Deloitte's 2006 Technology Fast 500
Attributes Teamwork to its 14,901 Percent Five Year Revenue Growth
MORRISTOWN, N.J., Nov. 2 /PRNewswire-FirstCall/ -- Access Integrated Technologies, Inc. ("AccessIT") (NASDAQ:AIXD) today announced that it ranked Number 13 on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years from 2001-2005. AccessIT grew 14,901 percent during this period.
AccessIT's CEO Bud Mayo credits the teamwork of dozens of the movie industry's best and brightest who have developed and integrated multiple technologies into a single end-to-end solution for the company's 14,901 percent revenue growth from 2001-2005. Mayo said, "And our best years are still ahead of us."
"To rank on Deloitte's Technology Fast 500, companies must have phenomenal revenue growth over five years. AccessIT has proven to be one of the fast- growth success stories in North America, and we applaud their dedication to making their vision a reality," said Tony Kern, deputy managing principal of Deloitte's Technology, Media & Telecommunications industry practice.
Overall, companies that ranked on the Technology Fast 500 had growth rates ranging from 210 to 48,948 percent over five years, with an average growth rate of 2,147 percent.
In addition to ranking on Deloitte's Technology Fast 500, AccessIT ranked 2 on the New Jersey Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in the region.
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/.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 150 countries. With access to the deep intellectual capital of approximately 135,000 people worldwide, Deloitte delivers services in four professional areas, audit, tax, consulting and financial advisory services, and serves more than one-half of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies. Services are not provided by the Deloitte Touche Tohmatsu Verein and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.
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Suzanne T. Moore
AccessIT
973-290-0056
smoore@accessitx.com
Dick Shippee
212-436-3347
rshippee@deloitte.com
First Call Analyst:
FCMN Contact:
Source: Access Integrated Technologies, Inc.
CONTACT: Suzanne T. Moore of AccessIT, +1-973-290-0056,
smoore@accessitx.com, or Dick Shippee of Deloitte, +1-212-436-3347,
rshippee@deloitte.com
Web site: http://www.accessitx.com/
http://www.deloitte.com/
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