MORRISTOWN, N.J. - March 14, 2005- Access Integrated Technologies, Inc. ("AccessIT") (AMEX: AIX) today announced its Access Digital Media subsidiary has digitally delivered and projected Twentieth Century Fox's ("FOX") newest release, "Robots." The animated film, featuring the vocal talents of Ewan McGregor, Halle Berry, Robin Williams, Greg Kinnear, Jennifer Coolidge, Mel Brooks, Amanda Bynes and Drew Carey, opened nationally Friday, March 11th in both digital and analog formats.
Under its commercial agreement with FOX, AccessIT provided digital content management and secure delivery of the film, via satellite, to 16 AccessIT digitally equipped theaters across the U.S. A total of 18 screens are booked to show the film through this agreement. "Robots" is the 11th major studio release delivered digitally by AccessIT.
Russell Wintner, President and COO of Access Digital Media, commented, "We are pleased to be working with FOX to deliver its latest feature film and look forward to the opportunity of working with them on the digital distribution of future feature film releases."
Julian Levin, Executive Vice President of FOX, added; "FOX has recognized the many advantages afforded by digital distribution and its impact on the way we bring our products to market. Through its unique service capabilities, AccessIT has demonstrated its understanding of the challenges and opportunities digital cinema presents to the filmed entertainment business. The successful digital distribution and presentation of 'Robots' underscores the significant potential and promise of digital cinema."
Twentieth Century Fox
One of the world's largest producers and distributors of motion pictures, Fox Filmed Entertainment produces, acquires and distributes motion pictures throughout the world. These motion pictures are produced or acquired by the following units of FFE: Twentieth Century Fox, Fox 2000, Fox Searchlight Pictures and Twentieth Century Fox Animation.
Access Integrated Technologies, Inc. (AccessIT) is an industry leader in offering a fully managed storage and electronic delivery service for owners and distributors of digital content to movie theaters and other venues. Supported by its robust platform of fail-safe Internet data centers, AccessIT is able to leverage the market-leading role of its Theatrical Distribution System (TDS) with its innovative digital delivery capabilities and in-theatre software systems to provide the highest level of technology available to enable the emerging Digital Cinema industry to transition from film without changing workflows. For more information on AccessIT, visit www.accessitx.com.
Safe Harbor Statement
Investors and readers are cautioned that certain statements contained in this document, as well as some statements in periodic press releases and some oral statements of AccessIT officials during presentations about AccessIT, along with AccessIT 's filings with the Securities and Exchange Commission, including AccessIT 's registration statements, quarterly reports on Form 10-QSB and annual report on Form 10-KSB, are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements that are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "expects", "anticipates", "intends", "plans", "could", "might", "believes", "seeks", "estimates" or similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by AccessIT's management, are also forward-looking statements as defined by the Act. Forward-looking statements are based on current expectations and projections about future events and are subject to various risks, uncertainties and assumptions about AccessIT, its technology, economic and market factors and the industries in which AccessIT does business, among other things. These statements are not guarantees of future performance and AccessIT undertakes no specific obligation or intention to update these statements after the date of this release.
Suzanne Tregenza Moore
55 Madison Avenue
Morristown, NJ 07960
Joel Pomerantz or Michael Glickman
The Dilenschneider Group