Access Integrated Technologies to Offer a Plan to Ensure Exhibitors' Digital Cinemas Are 3D Ready in Its Christie/AIX Deployment
22 2월 2006 - 11:00PM
PR Newswire (US)
In-Three / NuVision Technology Will Be Made Available Initially for
2,300 Screens Nationwide MORRISTOWN, N.J., Feb. 22
/PRNewswire-FirstCall/ -- Access Integrated Technologies, Inc.
("AccessIT" or the "Company") (AMEX:AIX) today announced that its
Christie/AIX unit has agreed to install the necessary hardware
enabling its exhibitor customers to begin showing 3D movies on all
digitally- equipped screens through a non-exclusive agreement with
In-Three, Inc. (http://www.in-three.com/) and NuVision Technologies
(http://www.nuvisiontechnologies.com/). The agreement calls for the
installation of Infra-Red Emitters provided by NuVision for its
entire first- year Christie/AIX deployment of digital cinema
systems, covering approximately 2,300 screens nationwide. In-Three
has developed and successfully demonstrated a proprietary
technology that converts any traditional 2D content, including
first-run motion pictures into high-quality 3D imagery without eye
fatigue enabling it to be watched for hours. Its
"Dimensionalization(R)" technology was featured at ShoWest, the
entertainment industry's largest tradeshow in March 2005,
highlighted by a demonstration hosted by some of the world's
best-known film directors including George Lucas, Peter Jackson,
Randal Kleiser, Robert Rodriguez and James Cameron. Movies
"Dimensionalized(R)" utilizing In-Three's 3D technology work with
both special infra-red-controlled "active shutter" 3D glasses from
NuVision or the Z-filter system recently deployed for Disney's
"Chicken Little" release. Because the In-Three/NuVision active 3D
shutter glasses do not require special silver screens, added
projection hardware, or licensing agreements with exhibitors,
Christie/AIX can provide this capability at no cost while still
permitting the exhibitor to add additional 3D technologies later on
if deemed necessary. Under terms of the new agreement, In-Three in
cooperation with its 3D eyewear partner NuVision, will provide
AccessIT and participating exhibitors with the required enabling
technology, including infra-red emitters, 3D glasses (starter set),
and 3D test & sample content, without charge. Exhibitors
electing to deploy the technology can purchase the active 3D
shutter glasses directly from NuVision. As a vendor-neutral
technology provider, AccessIT also intends to work with other 3D
technology companies to offer its exhibitor partners flexibility in
choosing from multiple solutions. "One of digital cinema's core
attractions is its ability to provide viewers with an unmatched
visual experience -- and 3D is one of several unique applications
of this technology. Viewing 3D images on large movie screens at 2K
resolution is an experience that can not be replicated at home.
Through the use of technology such as In-Three's
Dimensionalization(R) process, movies of all types, both new and
old, can now easily provide audiences with a new entertainment
experience," commented Russell Wintner, president and chief
operating officer of AccessIT's Digital Media Division. "This
agreement also furthers our goal of making available to exhibitors
a complete range of ancillary products and technologies for
capitalizing on the vast potential of digital cinema." Michael
Kaye, President and CEO of In-Three, Inc. said: "We are very
pleased to be working with AccessIT, along with our 3D glasses
partner NuVision, to help provide exhibitors with 3D ready digital
theatres. This is a joint commitment between AccessIT, In-Three,
and NuVision, that will bring the benefits of 3D technology to
moviegoers nationwide. We are very impressed with the strategy and
commitment of AccessIT and their ability to accelerate the
wide-scale adoption of digital cinema. Exhibitors are going to be
pleasantly surprised when they realize that their newly installed
AccessIT digital cinema equipment is actually capable and ready to
show 3D movies." AccessIT's Christie/AIX unit serves as the funding
vehicle and administrator for the company's 4,000-screen digital
cinema rollout plan expanded significantly from the total
originally announced in June 2005. Christie/AIX will act as the
financing intermediary between content-owners -- major studios and
independent distributors, among others -- and exhibitors who will
receive turnkey Digital Cinema systems that conform with the DCI
Technical Specification, including Christie DLP Cinema(R)
projectors and related hardware and software. Access Integrated
Technologies, Inc. (AccessIT) is the industry leader in offering a
fully managed storage and electronic delivery service for owners
and distributors of digital content to movie theaters and other
venues. Its studio-backed 4,000 screen ongoing deployment of
digital systems is the first and the largest of its kind in the
world. Supported by a robust platform of fail-safe Internet data
centers, AccessIT is able to leverage the market- leading role of
its Theatrical Distribution System (TDS) with its innovative
digital delivery capabilities and in-theatre software systems to
provide the highest level of technology available to enable the
emerging Digital Cinema industry to transition from film without
changing workflows. For more information on AccessIT, visit
http://www.accessitx.com/. About In-Three, Inc. In-Three was
founded in 1999 by Michael C. Kaye, its President and CEO. In-Three
has developed a patented technology known as Dimensionalization(R)
that converts any original 2D movie content into fully realistic
3D, but without the traditional 3D eye strain or fatigue. Each and
every shot is dimensionally choreographed by In-Three for the most
complete 3D realism. In-Three's 3D movies can comfortably be
watched for hours. In-Three's Dimensionalized(R) 3D movies can be
from any familiar and recognizable ("classic") movies (black and
white or color) as well as first-run features.
Dimensionalization(R) is a significant new post production tool for
film makers and the studios and coincides perfectly with the roll
out timing of 3D digital cinema. Aside from In-Three's primary
business of Dimensionalizing movies into 3D, it has also partnered
with NuVision Technologies for the purpose of developing affordable
active 3D glasses for theatres. In-Three is a fast growing company
with now over 200 employees headquartered in its 3 story 40,000
square foot facility located in Westlake Village, CA as well as its
Agoura Hills, CA facility. About NuVision Technologies, LLC
NuVision Technologies, LLC has developed a line of rugged,
low-cost, and washable active stereoscopic glasses designed
specifically for use with digital 3D movies. Early versions of
these glasses have been used at most of the cinema industry
demonstrations of 3D since ShoWest 2005 and are being used by major
studios to view 2D to 3D movie conversions being done by In-Three,
Inc. NuVision Technologies, LLC was founded in 2005 by Boyd
MacNaughton, President and CEO of MacNaughton, Inc., a leading
worldwide supplier of stereoscopic display systems for the
professional marketplace. NuVision Technologies, LLC is located in
Beaverton, Oregon. Safe Harbor Statement Investors and readers are
cautioned that certain statements contained in this document, as
well as some statements in periodic press releases and some oral
statements of AccessIT officials during presentations about
AccessIT, along with AccessIT's filings with the Securities and
Exchange Commission, including AccessIT's registration statements,
quarterly reports on Form 10-QSB and annual report on Form 10-KSB,
are "forward-looking" statements within the meaning of the Private
Securities Litigation Reform Act of 1995 (the "Act").
Forward-looking statements include statements that are predictive
in nature, which depend upon or refer to future events or
conditions, which include words such as "expects," "anticipates,"
"intends," "plans," "could," "might," "believes," "seeks,"
"estimates" or similar expressions. In addition, any statements
concerning future financial performance (including future revenues,
earnings or growth rates), ongoing business strategies or
prospects, and possible future actions, which may be provided by
AccessIT's management, are also forward-looking statements as
defined by the Act. Forward-looking statements are based on current
expectations and projections about future events and are subject to
various risks, uncertainties and assumptions about AccessIT, its
technology, economic and market factors and the industries in which
AccessIT does business, among other things. These statements are
not guarantees of future performance and AccessIT undertakes no
specific obligation or intention to update these statements after
the date of this release. Contact: Suzanne Tregenza Moore Michael
Glickman AccessIT The Dilenschneider Group 55 Madison Avenue
212.922.0900 Suite 300 Morristown, NJ 07960 973.290.0080
http://www.accessitx.com/ Gary Friedman, Vice President Public
Relations In-Three, Inc. 805-413-7563 http://www.in-three.com/
DATASOURCE: Access Integrated Technologies, Inc. CONTACT: Suzanne
Tregenza Moore of AccessIT, +1-973-290-0080; or Michael Glickman of
The Dilenschneider Group, +1-212-922-0900; or Gary Friedman, Vice
President Public Relations of In-Three, Inc., +1-805-413-7563, Web
site: http://www.accessitx.com/ http://www.in-three.com/
http://www.nuvisiontechnologies.com/
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