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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
SEPTEMBER 30, 2005
(Date of earliest event reported)
ACCESS INTEGRATED TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 001-31810 22-3720962
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
55 MADISON AVENUE, SUITE 300, MORRISTOWN, NEW JERSEY 07960
(Address of principal executive offices) (Zip Code)
973-290-0080
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (SEE General Instruction A.2. below):
|_| Written communications pursuant to R ule 425 under the Securities
Act (17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS
ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On June 24, 2005, Access Integrated Technologies, Inc. (the "Company") reported
on Form 8-K that it had entered into a Digital Cinema Framework Agreement (the
"Agreement") with Access Digital Media, Inc., a Delaware corporation and a
wholly owned subsidiary of the Company ("ADM"), Christie/AIX, Inc., a Delaware
corporation and a wholly owned subsidiary of ADM ("Christie/AIX"), and Christie
Digital Systems USA, Inc., a California Corporation and a leading provider of
digital cinema projections systems and related services ("Christie"). Among the
various terms included in the Agreement was the option of either the Company or
Christie to terminate the Agreement on August 31, 2005 if certain conditions
were not met. On August 31, 2005, the Agreement was amended to change such date
to September 30, 2005. On September 30, 2005, the Agreement was amended again to
eliminate the provision allowing such termination.
On October 3, 2005, the Company issued a press release announcing the
September 30, 2005 amendment to the Agreement. A copy of the release is filed
herewith as Exhibit 99.1.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
EXHIBIT NO. DESCRIPTION
99.1 Press release of Access Integrated Technologies, Inc., dated
October 3, 2005.
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SIGNATURE
Pursuant to the requirements of Section 13 or 15 (d) of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned, thereto duly authorized.
ACCESS INTEGRATED TECHNOLOGIES, INC.
By: /s/Gary S. Loffredo
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Name: Gary S. Loffredo
Title: Senior Vice President--Business Affairs,
General Counsel and Secretary
Dated as of October 3, 2005
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