MORRISTOWN, NJ, Feb 02, 2009 (MARKET WIRE via COMTEX News Network) -- Cinedigm Digital Cinema Corp. ("Cinedigm") (NASDAQ: CIDM) (formerly AccessIT), the global leader in digital cinema, announced today that more than ten million shows have played on Cinedigm digitally-equipped cinema screens in 40 states across the country. Almost 3,800 theatre screens now exhibit movies and other enhanced content on a daily basis via Cinedigm's digital cinema systems.
Cinedigm's networked systems including the company's Theatre Command Center(TM) software and Library Management Server(TM) combine to enable centrally-controlled exhibition of movies and other events such as live concerts and sporting events and pre-feature advertising. Cinedigm is currently working to deploy more than 10,000 additional digital cinema systems, which will significantly expand the impact for consumers across North America.
"Digital cinema means a superior theatre experience for consumers and Cinedigm is the clear leader in bringing this technology to theatres across the country. Passing this important milestone demonstrates the increasing momentum and extraordinary reliability of this rapidly emerging industry," noted Bud Mayo, president and CEO of Cinedigm. "Digital cinema allows for faster, more cost effective delivery of movies and other choices of content to theatres around the world. Cinedigm's technology transforms theatres by allowing them to bring new choices of content and experiences to their customers, such as 3D Live events and customized programming. As more theatres sign on to our digital deployment plans, more movie-goers can expect the unique and high-quality experience only associated with digital cinema."
The following theatres are equipped with Cinedigm digital cinema systems: Atlas Theatres, Allen Theatres, Carmike Cinemas, Celebration! Cinema, Cinema West, Cinetopia, Dickinson Theatres, Emagine, Galaxy Cinema, Krikorian Premiere Theatres, Marquee Cinemas, MJR Theatres, Neighborhood Cinema Group, Premiere Cinemas, Rave Motion Picture Theatres, Showplace Cinemas, UltraStar, and Cinedigm's own Pavilion Digital Showcase Cinema. Cinedigm has been chosen by the Cooperative Buying Group ("CBG") of National Association of Theatre Owners as the integrator of choice for its members comprising approximately 8,000 screens.
Cinedigm Digital Cinema Corp. is the global leader in fulfilling the promise of digital cinema. Its ground-breaking technology platform helps exhibitors, distributors, studios and content providers transform the consumer movie experience -- by expanding theatrical features to include not only movies but also live 2-D and 3-D performances such as major sporting events, concerts and gaming. The Company also enables theatres to create exhibitions and advertising opportunities targeted to specific audience groups and locations thereby offering new revenue opportunities for these venues. Cinedigm's leading digital cinema platform and one-of-a-kind satellite delivery operations support almost 3,800 theatre screens equipped with DLP Cinema(R) projection systems across the United States with over nine million digital showings of Hollywood features to date. www.Cinedigm.com [CIDM-G]
Contacts: Suzanne Moore Cinedigm 973.290.0056 Email Contact Mark Lindsey Abernathy MacGregor Group 213.630.6550 Email Contact
SOURCE: Cinedigm Digital Cinema Corp.
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