AccessIT and Christie Enter Supply Agreement for Phase 2 Digital Cinema Deployment Plan
November 05 2008 - 11:23AM
Marketwired
Building on the success of the Phase 1 Christie/AIX Digital Cinema
deployment plan, Access Integrated Technologies, Inc. ("AccessIT")
(NASDAQ: AIXD) and Christie Digital Systems USA, Inc. (Christie)
announced today the signing of a Supply Agreement to bring Digital
Cinema Systems including Christie projectors to theatres in the
United States and Canada. Christie will provide up to 5,000
projectors for the previously announced AccessIT Phase 2 Digital
Cinema Deployment Plan.
As in the Phase 1 Plan, Christie will again provide turn-key
digital systems featuring its full line-up of DLP Cinema�
projectors including the Christie CP2000-SB, Christie CP2000-XB,
Christie CP2000-ZX and the latest Christie CP2000-M model for
screens up to 35 feet wide. All models now feature the latest
industry advancement, Christie Brilliant3D(TM) technology,
providing 33% more brightness in full 2K resolution for 3D
content.
"In Phase 1, AccessIT and Christie made digital cinema a
reality. Together we completed the conversion of more than 3,700
screens. In Phase 2, AccessIT is aiming even higher with a goal of
installing 10,000 screens over the coming three years. It just
makes sense to continue working with the company with whom we've
shared tremendous success. We're looking forward to seeing the
installations begin and we know that Christie will be an important
asset to our Phase 2 objectives," said Bud Mayo, chairman and CEO
of AccessIT.
"Together with AccessIT, we've had three successful years in
digital cinema leading the transformation in the industry with the
first network technology and business model," commented Jack Kline,
president & COO, Christie Digital Systems USA, Inc. "Now, we're
entering a new phase that will see rapid change in the landscape of
commercial cinema and we're excited about the opportunities ahead.
Our years of experience working together on the first large scale
deployment has created a solid foundation for reliability and
enhanced operational efficiency for exhibitors."
"Over the last three years that AccessIT and Christie have
worked together we've provided an effective technology and
operational foundation for our 15 exhibitor partners including
turnkey installation and an ongoing maintenance program from
Christie's industry-leading Managed Services division," said Chuck
Goldwater, President of AccessIT's Media Services Group. "That
foundation has made possible the benefits of digital cinema for
distributors and exhibitors by enabling the growing businesses of
3D movies and alternative content programming including live 2D and
3D events. We are pleased to continue our successful working
partnership with Jack Kline, Craig Sholder, Sean James and the
entire Christie team in their Cypress, CA and Kitchener, Ontario
facilities."
AccessIT's Digital Cinema is the industry-leading deployment
program for Digital Cinema that provides the funding, installation
support and administration for the company's studio-supported
Digital Cinema rollout plans. Its Phase 2 plan for up to an
additional 10,000 screens will provide networked, turnkey, Digital
Cinema systems in conformance with DCI specifications, including
AccessIT's unique Library Management Server� and Theatre Command
Center� software. The system will also include digital projectors
and JPEG 2000 media servers from a variety of vendors whose
equipment is designed to meet the DCI specifications as well as a
demanding set of performance and reliability requirements AccessIT
developed through its success with the Phase 1 plan.
Access Integrated Technologies, Inc. (AccessIT) is the global
leader in providing integrated solutions for digital cinema. The
Company's ground-breaking digital cinema networked services along
with its Library Management Server� and Theatre Command Center�
software have enabled theatres across the United States to play
more than eight million digital showings of Hollywood features to
date. AccessIT's 24/7 satellite operations delivers feature movies,
alternative content advertising, and pre-show entertainment through
its UniqueScreen Media subsidiary, including live 2-D and 3-D
events through its CineLive� satellite network, expanding box
office sales and developing new ways to attract incremental
revenues. Through its alternative content distribution unit, The
Bigger Picture, AccessIT offers channels of programming including
Opera, Kidtoons, Faith Based, Concerts, Sports and Anime. Access
Integrated Technologies� and AccessIT(TM) are trademarks of Access
Integrated Technologies, Inc. For more information on AccessIT,
visit www.accessitx.com. [AIXD-G]
About Christie
Christie Digital Systems USA, Inc., a wholly-owned subsidiary of
Ushio, Inc., Japan, (JP: 6925), 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 digital 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. With the acquisition
of Vista Controls Systems, Corp., Christie offers the most complete
and advanced solutions for cinema, live venues, control rooms,
business presentations, training facilities, 3D and Virtual
Reality, simulation and education as well as industrial and
government environments. For more information, visit
www.christiedigital.com.
Contact: Suzanne Moore AccessIT 973.290.0056 Email Contact
Dorina Belu Christie 519-749-3323 Email Contact
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