FOR IMMEDIATE RELEASE

                      ACCESS INTEGRATED TECHNOLOGIES CLOSES
                     1,500,000 CLASS A COMMON SHARE OFFERING

MORRISTOWN,  N.J. - JANUARY  25,  2006 - ACCESS  INTEGRATED  TECHNOLOGIES,  INC.
("ACCESSIT")  (AMEX:  AIX) today  announced that it has completed its previously
announced  placement of  1,500,000  shares of Class A Common Stock at a price of
$10.70 per share to the public.  The aggregate gross proceeds to the Company was
$16,050,000.  The net proceeds of $14,736,500 are expected to be used to further
fund the ongoing  Christie/AIX  digital cinema  deployment  plan and for working
capital purposes.

Craig-Hallum  Capital  Group  LLC  acted  as the  sole  placement  agent  on the
registered direct offering and as the exclusive  underwriter on the underwritten
offering.

A shelf  registration  statement  relating  to  these  securities  was  declared
effective by the  Securities and Exchange  Commission on January 13, 2006.  This
press release shall not  constitute an offer to sell or the  solicitation  of an
offer to buy these  securities,  nor shall there be any sale of these securities
in any state or jurisdiction in which such offer,  solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of any
such state or jurisdiction.  Copies of the final prospectus  supplements and the
accompanying  prospectus  relating to the offerings may be obtained from Suzanne
Moore, (973) 290-0080,  Access Integrated Technologies,  Inc. 55 Madison Avenue,
Suite 300, Morristown, NJ 07960.

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  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
has no specific intention to update these statements.

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Contact:

Suzanne Tregenza Moore                     Michael Glickman
ACCESSIT                                   The Dilenschneider Group
55 Madison Avenue                          212.922.0900
Suite 300
Morristown, NJ 07960
973.290.0080
www.accessitx.com