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# 1995 Gretag

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MORRISTOWN, N.J—Feb 14, 2005

Access Integrated Technologies Completes Acquisition of Pavilion Movie Theater/Entertainment Complex in Brooklyn, New York

- Pavilion to Serve as Both Profit Center and Showcase for New Digital Cinema Technologies -
Access Integrated Technologies, Inc. ("AccessIT") (AMEX: AIX) today announced the completion of the acquisition of the business and assets of the Pavilion Movie Theater/Entertainment Complex (the "Pavilion") in the Park Slope section of Brooklyn, New York. The $5 million purchase price includes approximately $3.3 million in cash and a $1.7 million 5-year 8 percent note calling for 10 percent principal amortization annually.

Starting with the installation of a satellite dish on the roof, AccessIT plans to transition the theatre to digital operation with the installation of a broad range of digital cinema hardware and software. The complex will showcase all of AccessIT's integrative digital and analog solutions as well as those of other industry vendors. As part of the modernization, the company, working with Vista Cinema Systems (www.vista.co.nz), will replace the theater's current ticketing system with a Vista point-of-sale system. AccessIT also plans to outfit the location with its Exhibitor Management Software (EMS), developed by its Hollywood Software division. At least three of the Pavilion's eight screens will initially be converted to digital, employing AccessIT's Library Server and Theatre Command Center (TCC) software to manage all operations, including platter building and play list management. Construction on a ninth screen is part of the seller's obligation and is targeted for completion in June.

"We are pleased to be moving forward with plans to use the Pavilion as a showcase for our best-of-breed digital cinema solutions," commented Bud Mayo, President and Chief Executive Officer of AccessIT. "Although we have established an aggressive timetable, we hope the Pavilion will be prepared to receive and show major movies like 'Star Wars Episode Three' in full digital before the summer.
About Cinedigm: Cinedigm Digital Cinema Corp. is a leader in providing the services, experience, technology and content critical to transforming movie theaters into digital and networked entertainment centers. The Company partners with Hollywood movie studios, independent movie distributors, and exhibitors to bring movies in digital cinema format to audiences across the country. Cinedigm's digital cinema deployment organization, state of the art distributor and exhibition software, and marketing and distribution platform for alternative content and independent films are a cornerstone of the industry's digital cinema transformation. With the April acquisition of New Video, the world's largest aggregator of independent digital content and leading distributor of quality entertainment, CIDM has created a new full service end-to-end digital studio, enabling the Company to acquire and distribute independent films and specialty content both theatrically and via digital, mobile and home media platforms. Cinedigm Directory page
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