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Morristown, N.J.—Jul 31, 2006

Access Integrated Technologies Completes UniqueScreen Media Acquisition

Access Integrated Technologies, Inc. ("AccessIT") (NASDAQ:AIXD) today announced that it has completed the acquisition of privately held UniqueScreen Media Inc. (“USM”). Under terms of the deal, AccessIT acquired 100 percent of the outstanding stock of UniqueScreen.

USM is one of the leading movie-theatre advertising companies in North America, providing pre-show ads and entertainment to over 3,000 movie screens in over 300 theatres in 42 states. USM will become a unit of AccessIT’s Media Services Group and its operating results will be in part reflected in AccessIT’s fiscal second quarter 2007 report dated September 30, 2006.

"We are pleased to have quickly closed this important acquisition, one that will not only impact our operations dramatically, but is highly synergistic with our existing business, allowing us to deliver new and expanded content offerings to exhibitor customers,” said Bud Mayo, chairman and CEO of AccessIT. “Preliminary discussions with UniqueScreen’s exhibitor customers are going very well and there is clear interest in, and excitement about, our digital cinema rollout plan. Our goal is to fully leverage this important new asset.”

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
Countries:
United States

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