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Access Integrated Technologies, Inc. Ranked Number 181 Fastest Growing Company in North America on Deloitte's 2008 Technology Fast 500
(Marketwire Via Acquire Media NewsEdge) MORRISTOWN, NJ, November 20 / MARKET WIRE/ --
Access Integrated Technologies, Inc.
("AccessIT") (NASDAQ: AIXD) today announced that it ranked number 181 on
Deloitte's 2008 Technology Fast 500, a ranking of the 500 fastest growing
technology, media, telecommunications and life sciences companies in North
America. Rankings are based on percentage of fiscal year revenue growth
over five years, from 2003-2007. AccessIT grew 1,013 percent during this
period.
AccessIT's Chairman and CEO, Bud Mayo, credits best-of-breed technology,
highly skilled personnel and commitment to transforming the cinema
experience for the consumer with the company's 1,013 percent revenue growth
over the past five years. He said, "Our people have built our technology
platform which has in turn enabled us to grow by bringing benefits to
studios, exhibitors, and, most importantly, to movie goers throughout the
country."
"Each company on Deloitte's Technology Fast 500 is an innovator with an
exceptional five-year track record of growth," said Phil Asmundson,
Deloitte LLP vice chairman and national managing partner for Technology,
Media and Telecommunications. "AccessIT has earned its position among the
fastest growing companies in North America, and we are proud to honor this
important accomplishment."
In addition to ranking on Deloitte's Technology Fast 500, AccessIT ranked
33rd on the New York, New Jersey, Connecticut Technology Fast 50, which is
a ranking of the 50 fastest growing technology firms in that tri-state
area.
Fast 500 Selection and Qualifying Criteria
The Fast 500 ranks the fastest growing technology, media,
telecommunications and life sciences companies in North America. It is
compiled from Deloitte's regional North American Fast 50 programs,
nominations submitted directly to the Fast 500, and public company database
research. Companies are selected based on percentage revenue growth from
2003 to 2007.
Entrants must own proprietary intellectual property or proprietary
technology that contributes to a significant portion of the company's
operating revenues or devote a significant proportion of revenues to
research and development of technology. Using other companies' technology
or intellectual property in a unique way does not qualify. Base-year
operating revenues must be at least $50,000 USD or $75,000 CD, and
current-year operating revenues must be at least $5 million USD or CD.
Companies must be in business a minimum of five years, and they must be
headquartered within North America.
Access Integrated Technologies, Inc. (AccessIT) is the global leader in
providing integrated solutions for the conversion to digital cinema and to
enhance the movie theatre experience for millions of viewers. The Company's
ground-breaking digital cinema networked services along with its Library
Management Server? and Theatre Command Center? software have enabled
theatres across the United States to play more than eight million digital
showings of Hollywood features to date. AccessIT's 24/7 satellite
operations delivers feature movies, alternative content advertising, and
pre-show entertainment through its UniqueScreen Media subsidiary,
including live 2-D and 3-D events through its CineLive? satellite
network, expanding box office sales and developing new ways to attract
incremental revenues. Through its alternative content distribution unit,
The Bigger Picture, AccessIT offers channels of programming including
Opera, Kidtoons, Faith Based, Concerts, Sports and Anime. Access
Integrated Technologies? and AccessIT? are trademarks of Access
Integrated Technologies, Inc. For more information on AccessIT, visit
www.accessitx.com. [AIXD-G]
About Deloitte
As used in this document, "Deloitte" means Deloitte LLP. Please see
www.deloitte.com/about for a detailed description of the legal structure of
Deloitte LLP and its subsidiaries.
Contact:
Suzanne Moore
Access Integrated Technologies, Inc.
(973) 290-0056Email Contact
Copyright ? 2008 Marketwire
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