Cinedigm Announces Agreement With MGM for Film Content and Virtual Print Fees

MORRISTOWN, NJ, Mar 30 (MARKET WIRE) --
Cinedigm Digital Cinema Corp. (NASDAQ: CIDM) (formerly AccessIT), a
pioneer in the digital cinema industry, today announced that
Metro-Goldwyn-Mayer Studios Inc. (MGM) will supply its upcoming movies in
digital form to the network of theatres Cinedigm equipped in Phase 1 of
its digital cinema deployment plan and will pay virtual print fees (VPFs)
under a long term agreement.

This new agreement is a continuation of a partnership between Cinedigm and
MGM under which MGM has provided digital versions of most of their motion
pictures over the last two years to Cinedigm's network of exhibitors
nationwide, most recently "Valkyrie" and looking ahead to "Fame" this
September.

"As we continue to add more major distributors like MGM to our long term
Phase 1 and Phase 2 plans, we are not only providing more higher quality
digital choices for theatres and their customers, we are adding value for
our shareholders," said Bud Mayo, Chief Executive Officer of Cinedigm.

"We are delighted to extend our relationship with MGM and expand our
digital film library with MGM's outstanding lineup of movies," added Chuck
Goldwater, President of Cinedigm's Media Service Division. "This agreement
allows exhibitor partners equipped with our digital cinema systems to
access MGM's highly-anticipated slate of titles. It also serves as another
important step in furthering the theatre industry's digital evolution and
will undoubtedly drive demand for digitally-enabled screens."

Jim Orr, Executive Vice President and General Sales Manager of MGM's
Domestic Distribution division, said, "Given the growing trend toward
digital content and distribution, it is clear that digital cinema has an
incredibly bright future and MGM is pleased to formalize our relationship
with Cinedigm."

Cinedigm's Digital Cinema division is the industry-leading deployment
program for Digital Cinema that provides the funding, installation support
and administration for the company's studio-supported Digital Cinema
rollout plans.

To date, Cinedigm has contracted for and completed the rollout of nearly
4,000 systems in forty-one states with exhibitors including Atlas
Theatres, Allen Theatres, Carmike Cinemas, Celebration! Cinema, Cinema
West, Cinetopia, Dickinson Theatres, Emagine, Galaxy Cinema, Marquee
Cinemas, Krikorian Premiere Theatres, MJR Theatres, Neighborhood Cinema
Group, Premiere Cinema Corp., Rave Motion Picture Theatres, Showplace
Cinemas, UltraStar, and Cinedigm's own Pavilion Digital Showcase Theatre.

Its Phase 2 plan for up to an additional 10,000 screens will provide
networked, turnkey Digital Cinema systems in conformance with DCI
specifications, including Cinedigm's unique Library Management Server(R)
and Theatre Command Center(R) software.

About Cinedigm

Cinedigm Digital Cinema Corp. is the global leader in fulfilling the
promise of digital cinema. Its ground-breaking technology platform helps
exhibitors, distributors, studios and content providers transform the
consumer movie experience -- by expanding theatrical features to include
not only movies but also live 2-D and 3-D performances such as major
sporting events, concerts and gaming. The Company also enables theatres to
create exhibitions and advertising opportunities targeted to specific
audience groups and locations thereby offering new revenue opportunities
for these venues. Cinedigm's leading digital cinema platform and
one-of-a-kind satellite delivery operations support almost 4,000 theatre
screens equipped with DLP Cinema(R) projection systems across the United
States with over ten million digital showings of Hollywood features to
date. www.Cinedigm.com [CIDM-G]

About Metro-Goldwyn-Mayer Inc.

Metro-Goldwyn-Mayer Inc., through its operating subsidiaries, is actively
engaged in the worldwide production and distribution of motion pictures,
television programming, home video, interactive media, music and licensed
merchandise. The company owns the world's largest library of modern films,
comprising around 4,100 titles. Operating units include
Metro-Goldwyn-Mayer Studios Inc., Metro-Goldwyn-Mayer Pictures Inc.,
United Artists Films Inc., Ventanazul, MGM Television Entertainment Inc.,
MGM Networks Inc., MGM Domestic Networks LLC, MGM Distribution Co., MGM
International Television Distribution Inc., Metro-Goldwyn-Mayer Home
Entertainment LLC, MGM ON STAGE, MGM Music, MGM Worldwide Digital Media,
MGM Consumer Products and MGM Interactive. In addition, MGM has ownership
interests in international TV channels reaching nearly 120 countries. MGM
ownership is as follows: Providence Equity Partners (29%), TPG (21%), Sony
Corporation of America (20%), Comcast (20%), DLJ Merchant Banking Partners
(7%) and Quadrangle Group (3%). For more information, visit www.mgm.com

Contact:

For Cinedigm:
Lex Suvanto
The Abernathy MacGregor Group
(212) 371-5999
Email Contact

For MGM:
Grey Munford
(310) 586-8227
Email Contact

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