Access Integrated Technologies, Inc. (AccessIT), incorporated on March 31, 2000, is a provider of managed storage, electronic delivery and software services and technology solutions for owners and distributors of digital content to movie theaters and other venues. The Company has two primary businesses, media services (Media Services) and Internet data center (IDC or data center) services. The Company's Media Services business provides software, services and technology solutions to the motion picture and television industries, primarily to facilitate the transition from analog (film) to digital cinema. The Company's Data Center Services are comprised of three leased IDCs that provide corporate customers with secure and fail safe offsite locations to house their computer and telecommunications equipment, as well as related services, such as equipment monitoring and back up and protection of customers' data. Media Services The Media Services segment of its business consists of two units: the Digital Media Delivery Services and Exhibition and Distribution Management Software. Digital Media Delivery Services is comprised of FiberSat Global Services, Inc., Access Digital Media, Inc. (AccessDM), ADM Cinema Corporation (ADM Cinema) and Christie/AIX. Exhibition and Distribution Management Software is comprised of Hollywood Software, Inc. and certain software provided by AccessDM. AccessDM has developed software, Digital Express e-Courier, capable of worldwide delivery of digital data, including movies, advertisements and alternative content, such as concerts, seminars and sporting events, to movie theaters and other venues having digital projection equipment. AccessIT SW is a provider of transactional support software and consulting services for distributors and exhibitors of filmed entertainment in the United States and Canada. AccessIT SW provides software applications and services to support customers of varying sizes, through software licenses, its ASP Service in which it hosts the application in one of its IDCs and client access via the Internet and provides outsourced film distribution services, called IndieDirect. The Company competes with Regal Entertainment Group, National Cinema Network and Technicolor Digital Cinema. Data Center Services Access IT operates nine IDCs in eight states: Arkansas, Kansas, Maine, New Hampshire, New Jersey, New York, Texas and Virginia. In addition, the Company maintains an Internet data center in Los Angeles, California, which is dedicated to delivery of motion pictures and other digital content to movie theaters worldwide. Internet data centers are facilities leased by the Company through which it, for monthly and variable fees, provides customers with secure and fail-safe locations for their computer and telecommunications equipment by using back-up power generators, as well as back-up battery power and specialized air conditioning systems; access to voice and data transmission services from a choice of network providers, and services to monitor their computer and telecommunications equipment and services, to store, back-up and protect their programs and data, including the Company's AccessStorage-On-Demand managed storage services, which store and copy data. The Company also offers additional services for which customers pay additional monthly service charges. These services include additional power availability; access to its IDC staff for a variety of tasks, such as equipment rebooting, power cycling, card swapping and performing emergency equipment replacements; the ability to connect cables (both fiber and copper) directly to another IDC customer for voice and data transmission services and the ability to use AccessIT's risers, which are pipes used to connect cables (both fiber optic and copper) from customers' computer equipment to other companies' computer equipment located outside of the Company's IDCs but within the building that its IDC is located. In providing network and systems management, the Company offers services, including network architecture