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AccessIT To Meet Asian Exhibitors, Push Asian Digital Cinema Market Development
Though long in coming, the spread of digital cinema is as close to being assured now as one dare say. This newsrelease below is only the tip of a very deep iceberg that is about to send the world of cinema into a new paradigm and certainly to new financial heights. The distribution from AccessIt may also play an important role in how movies are distributed to exclusive and very high paying home networks and to venues in walled communities, even in resorts and retirement homes. The creative geniuses of our times have a new international playground that is destined to be profitable beyond anything that has gone before it. _Dale Cripps
Company to Confer With Leading Exhibitors, Distributors in Region to Detail Digital Product and Service Capabilities
MORRISTOWN, N.J. - December 7, 2005 - 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."
