AccessIT and Barco Enter Into a Supply Agreement to Bring Digital Cinema Systems to Theatres Across the United States and Canada
November 06 2008 - 8:00AM
Marketwired
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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