Digital Cinema Moves Towards Industry Wide Adoption.
LOS ANGELES -- The domino effect is in motion as more and more theaters adopt digital cinema reports industry expert, co-founder and CEO of Access Integrated Technologies, Inc. ("AccessIT") (NASDAQ:AIXD), Bud Mayo. He cites the company's 2006 and early 2007 milestones as evidence of the significant shift underway:
* 2,000 screens have been installed by AccessIT systems in approximately 120 theaters
* One million shows in digital format shown on AccessIT screens
* 29 states currently have systems in place with theatres in another 10 contracted for installation
* The past 14 months have seen an enormous shift in the industry to deliver movies in the digital format: more than 100 titles in 2006 and many more expected in 2007
* In March, AccessIT will be the first to distribute a live event digitally to cinema quality screens conforming to the DCI specification
Theater owners report that digital cinema has given them important opportunities for new revenue streams - from pre-movie advertising to the ability to easily offer alternative content of interest to their local audiences. In addition, digital cinema has been easy and inexpensive to deploy. Distributors receive benefits as well. They pay reduced costs today in the form of a Virtual Print Fee and ultimately will eliminate much of their distribution costs. Additionally, digital cinema reduces piracy by using encryption technology and forensic watermark detection which is installed in AccessIT systems.
AccessIT offers the only fully integrated, networked system provider for theater owners and the movie industry. The AccessIT operating system encompasses best of breed hardware providing AccessIT's Library Management Server[R] and Theatre Command Center[R] software, Christie's CP2000 projectors and Doremi's DCP2000 JPEG server. Together, these create the only complete networked Digital Cinema solution available today.
To arrange an interview with Mayo, please contact Samantha Cornog, 310-396-2400, firstname.lastname@example.org.
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 Library Management Server, Theatre Command Center and Exhibitor Management System provide exhibitors with all the tools needed to transition to digital cinema. Access Integrated Technologies[R] and AccessIT(TM) are trademarks of Access Integrated Technologies, Inc. For more information on AccessIT, visit www.accessitx.com.
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|Date:||Feb 16, 2007|
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