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Friday, November 09, 2007

AccessIT Hopes to Digitize Another 10,000 Movie Screens

Few people understand AccessIT's approach to raising money for digital cinema conversions, and the company's stock has been slipping all year... but the New Jersey company has just announced that it hopes to digitize another 10,000 movie screens, starting next year. So far, AccessIT has installed digital cinema gear in 3,750 screens, in what it dubs "Phase I."

The company anticipates that doing the next 10,000 will take about three years.

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