MORRISTOWN, N.J.—Dec 7, 2005
AccessIT To Meet Asian Exhibitors, Push Asian Digital Cinema Market Development
- Company to Confer With Leading Exhibitors, Distributors in Region to Detail Digital Product and Service Capabilities -
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.”
