01.24.2006
ACCESSIT TO PRESENT AT BREAN MURRAY, CARRAT
& CO. INVESTOR CONFERENCE ON FEBRUARY 1, 2006
MORRISTOWN, N.J. – January
26, 2006 – Access Integrated Technologies, Inc. (“AccessIT”)
(AMEX: AIX) today announced
it would expand its board from eight to nine members
with the appointment, effective immediately, of Robert
E. Mulholland as a director.
A well-known figure in the global
financial services sector, Mr. Mulholland, 53, is currently
the Chairman of Sound Securities LLC, an institutional
broker dealer. Mr. Mulholland retired recently after
a 25-year career at Merrill Lynch & Co. where he
most recently served as Senior Vice President and Executive
Committee member and also co-headed the firm's America’s
Region, covering North and South America. In that position,
he had direct responsibility for the Region’s Global
Private Client Group with some 22,000 employees and
annual revenues in excess of $6 billion.
Commenting on the appointment,
Bud Mayo, AccessIT’s CEO and chairman, said: “Bob Mulholland’s
financial experience, coupled with his keen judgment,
creative thinking, and independent spirit make him an
invaluable addition to the board of fast-growing AccessIT
as we continue advancing our leadership position in
the motion picture exhibition industry’s transition
to digital cinema. We look forward to benefiting from
his wisdom and guidance.”
Mr. Mulholland added: “It’s
both exciting and challenging to become associated with
such a visionary company in the vanguard of a technology
dramatically changing one of the nation’s most important
and well-regarded industries. I hope to make a significant
contribution to its governance and continued success.”
Access Integrated
Technologies, Inc. (AccessIT) is an
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.
Supported by its 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 www.accessitx.com.
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
AccessIT
55 Madison Avenue
Suite 300
Morristown, NJ 07960
973.290.0080
www.accessitx.com
Michael Glickman
The Dilenschneider Group
212.922.0900
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