AccessIT and Barco Enter Into a Supply Agreement to Bring Digital Cinema Systems to Theatres Across the United States and Canada
Market Wire, November, 2008
Following the industry-leading success with its Phase 1 Digital Cinema deployment, Access Integrated Technologies, Inc. (" AccessIT ") (NASDAQ: AIXD) together with Barco (BRUX: BAR) announced today the mutual signing of a Supply Agreement for digital cinema systems during AccessIT's three-year Phase 2 Deployment Program.
"We welcome Barco as a partner to AccessIT's vendor neutral deployment program. AccessIT's rigorous accreditation process includes product testing and a detailed examination of all aspects of maintenance and installation services. Barco has shown it can meet our standards in both respects. This agreement allows us to begin Phase 2 installations of Barco equipment quickly bringing new digital cinema screens to our growing network," said Bud Mayo, chairman and CEO of AccessIT.
"Barco is very proud to have been selected as a partner in AccessIT's Phase 2 deployment program," said Barco Vice President Digital Cinema, Wim Buyens. "We view this as a validation of Barco's outstanding products and services by the world leader in Digital Cinema and look forward to building a long term relationship with AccessIT and its exhibitors."
"We are excited to be moving ahead with our Phase 2 Digital Cinema deployment plan," said Chuck Goldwater, President of AccessIT's Media Services Group. "With another experienced vendor partner in Barco, we will be able to offer our prospective exhibitor customers more options as they make their decisions to begin their own transitions to digital cinema and prepare take advantage of the growing list of alternative content programs, including live events, and 3D titles awaiting movie-goers in the coming months."
"We are delighted that AccessIT has chosen to partner with Barco for the next phase of their Digital Cinema deployments," said Todd Hoddick, who leads Barco Digital Cinema in North America. "We will ensure AccessIT and our exhibitor partners get the most out of their business by providing a well designed family of projectors that are easy to use and by making a market-leading investment in the training and support of our customers."
AccessIT's Digital Cinema division 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. To date, AccessIT has contracted for and completed the rollout of more than 3,700 systems in forty-one states in its Christie/AIX subsidiary.
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 are trademarks of Access Integrated Technologies, Inc. For more information on AccessIT, visit www.accessitx.com . [AIXD-G]
Barco, a global technology company, designs and develops visualization products for a variety of selected professional markets. Barco has its own facilities for Sales & Marketing, Customer Support, R&D and Manufacturing in Europe, North America and Asia Pacific. Barco (BRUX: BAR) is active in more than 90 countries with about 3600 employees worldwide. Barco posted sales of euro 747 million in 2007.
CineLive(SM) is a service mark of Access Integrated Technologies, Inc.
Contact: Suzanne Moore AccessIT 973.290.0056 Email Contact JP Tanghe Barco 32 56 26 23 22 Email Contact
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