Cinema Buying Group Selects AccessIT As
Digital Integrator Provider
April 2, 2008
The Cinema Buying Group (CBG) -- a
buying program of the National Association of Theatre Owners
(NATO) for small and independent theatre operators -- today
announced the selection of Access Integrated Technologies,
Inc. (AccessIT) (Nasdaq: AIXD) as the digital integrator for
the CBG's 600+ members in the United States and Canada.
Wayne Anderson, CBG managing director,
complimented the quality of submissions from all vendors in
the CBG's Request for Proposal process. In the end, he said,
"AccessIT offered the winning package of extensive
experience, exhibitor choice, and competitive cost. Our
mission is historic: ensure that independent cinemas survive
and thrive in the digital age -- and AccessIT proved its
skill and determination to make that happen."
"We are pleased to receive such a
ringing endorsement from CBG-NATO and from our studio
partners. Everyone at AccessIT is proud to have our
pioneering efforts recognized by such an important group,"
said Bud Mayo, chairman and CEO of AccessIT.
Chuck Goldwater, president of AccessIT's
Media Services Group said, "We continue to be committed to
bringing our digital cinema program to exhibitors large and
small. We are proud to have been selected and look forward
to working with NATO and the members of the Cinema Buying
Group to provide the foundation for the benefits of digital
cinema to their theatres throughout the country."
The CBG has over 600 members
representing over 8,000 screens in North America. The CBG
had assured its members that it would, to the best of its
ability, negotiate a deal that provides some access to
digital equipment and service for all members in good
standing before film ceases to be available.
Chuck Viane, president of distribution
for Walt Disney Studios Motion Pictures said, "Today's
moviegoers want to see films projected under the best
possible conditions, and digital projection provides a
superior experience that adds to the enjoyment factor.
Therefore we applaud the Cinema Buying Group's efforts on
behalf of the world of exhibition and their choice of
AccessIT. Clearly, everyone in the industry must do its part
to make going to the movies as exciting as possible. We're
thrilled to see so much interest in installing digital
projection in theaters around the country, and we will
continue to support and encourage the exhibition world in
making this a reality."
Julian Levin, executive vice president,
Twentieth Century Fox said, "We are delighted the Cinema
Buying Group has selected AccessIT to be the integrator of
digital cinema projection equipment for its exhibition
members. Fox has been engaged in conversation with the CBG
for many months and this announcement is not only timely but
will move the process forward. The efforts of the CBG in
pulling together such a significant group of independent
exhibitors is nothing short of amazing. The independent
exhibitors are critical to the overall industry transition
and with 8,000 screens strong, the CBG is a very significant
group. AccessIT brings a wealth of experience in not only
procuring and installing digital projection equipment but
also in providing the necessary training and services
required to insure a smooth transition from 35mm to a
digital projection platform. Fox has existing deployment
arrangements with AccessIT which includes contributing
virtual print fees toward the cost of DCI-compliant digital
projection systems. We look forward to discussing the
addition of the exhibition members of the CBG."
"It's great to have the Cinema Buying
Group and proven digital cinema integrator, AccessIT at the
forefront of the digital integration process," said Mark
Christiansen, executive vice president of operations for
Paramount Pictures. "The theatres represented by CBG will
see their path to the advantages of digital cinema,
including 3D feature presentations, made much easier because
of AccessIT's knowledge and experience."
The CBG began as a small buying program
for independents -- but mushroomed quickly into its current
size and significance when it became an advertised vehicle
for independents to acquire digital cinema equipment and
service. NATO's vice president and general counsel, Kendrick
Macdowell, said, "NATO's commitment to the broadest possible
digital deployment for our industry is well-known. We're
proud to have worked with a man of Wayne Anderson's stature
to ensure that the march of digital cinema does not leave
behind the vital independent segment of exhibition."
The selection of AccessIT came after an
extensive Request for Proposal process that initially
attracted ten vendors with substantial submissions. The CBG
narrowed the list of vendors to four finalists -- AccessIT,
Digeserv, Kodak and Technicolor -- and sought additional
information before making the final selection. "All four
finalists are to be commended for their dedication to
independents and the quality of their submissions," said
Anderson. |