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Christie is a leader in visual solutions for world-class organizations, offering diverse applications for business, entertainment, and industry. A leading innovator in film projection since 1929 and a pioneer in projection systems since 1979, Christie has established a global reputation as a total service provider and the world's single source manufacturer of a variety of display technologies and solutions. Christie offers comprehensive solutions for cinema, large audience venues, control rooms, business presentations, training facilities, 3D and Virtual Reality, simulation and education as well as industrial and government environments.

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Los Angeles, CA—Nov 22, 2005

New Sony Pictures Agreement with Christie/AIX Supports Digital Cinema Transition

- Sony Pictures’ Commitment Will Further Speed Exhibitor Adoption of Digital Cinema -
Moving aggressively to accelerate the transition to digital cinema, Christie/AIX, a unit of Access Integrated Technologies (“AccessIT”), (AMEX:AIX) today announced an agreement with Sony Pictures Entertainment whereby Sony Pictures will supply its upcoming films in DCI-compliant format to the 4,000 digital projection systems Christie/AIX intends to install in movie theaters in the U.S. and Canada over the next two years.

“We look forward to supporting Christie/AIX’s Digital Cinema rollout, which combines innovative technologies with a true understanding of the specific business needs of each distributor and exhibitor," said Jeff Blake, Vice Chairman of Sony Pictures Entertainment and Chairman of Worldwide Marketing and Distribution for Columbia TriStar Motion Picture Group. "Digital Cinema will enable us to better deliver our creative content to audiences immersing them in a visually compelling form for a unique entertainment experience.”

Jack Kline, President and COO, Christie, noted: “Sony Pictures has consistently delivered exciting, first class entertainment to audiences around the world. Their commitment is a great endorsement of the strength and viability of the Christie/AIX rollout strategy. Our proven plan is helping Hollywood and the exhibition communities make the transition to Digital Cinema seamless, while bringing renewed excitement to the movie going experience.”

Commenting on the agreement, Bud Mayo, Chairman and Chief Executive Officer of AccessIT, said: “We are pleased that Sony Pictures has joined our rapidly growing list of studio partners. Christie/AIX is the first to implement a Digital Cinema rollout as we proceed with the first 150 screens of our planned installations. The signings of additional studios means more content for the increasing number of exhibitors who have indicated they wish to participate in our plan as well as increased cash flows for Christie/AIX.”

The Agreement with Sony Pictures is in addition to recent agreements signed with Disney, Twentieth Century Fox and Universal, which has prompted Christie/AIX to begin the initial deployment of Digital Cinema systems in theatres in Detroit, Michigan owned by Emagine Entertainment, Inc. and at multiple locations in San Diego and Riverside County (CA) multiplexes owned by Ultrastar Theaters, Inc. A total of 150 Digital Cinema systems are expected to be operational at these circuits by December 31, 2005.

Chuck Goldwater, President and Chief Operating Officer of Christie/AIX, added: ”Sony has long been a pioneer in digital entertainment both technologically and in distribution. With its support, exhibitors will now gain access to a major new source of content for use on the growing number of digitally equipped screens. Based upon our late-stage negotiations and discussions with additional studios, a growing number of independent distributors plus both large and small exhibitors, we believe that Digital Cinema has the potential to reach all the screens in the U.S. and Canada within a decade.”
 


Logo: Christie
About Christie: Christie Digital Systems USA, Inc. is a global visual and audio technologies company and a wholly-owned subsidiary of Ushio Inc., Japan (JP:6925). Consistently setting the standards by being the first to market some of the world’s most advanced projectors, complete system displays, and cinema audio solutions; Christie is recognized as one of the most innovative visual technology companies in the world. From retail displays to Hollywood, mission critical command centers to classrooms and training simulators, Christie display solutions and projectors capture the attention of audiences around the world with dynamic and stunning images, accompanied by awe-inspiring sound. Visit www.christiedigital.com. Christie Directory page Christie Web Site
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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