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




                                FEBRUARY 13, 2004
                        (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       (Commission File Number)       (IRS Employer
       jurisdiction                                    Identification No.)
    of incorporation)


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)












ITEM 12.    RESULTS OF OPERATIONS AND FINANCIAL CONDITION

      On February  13,  2004,  Access  Integrated  Technologies,  Inc.  ("Access
Integrated Technologies" or the "Company") issued a press release announcing its
financial results for the fiscal quarter ended December 31, 2003.

      Such press release contains EBITDA and adjusted EBITDA  information in the
discussion  of  Access  Integrated   Technologies'   financial  results.  EBITDA
represents  earnings before interest,  taxes,  depreciation and amortization and
other   income/(expense),   net.  Adjusted  EBITDA  represents  earnings  before
interest, taxes, depreciation and amortization, other income/(expense),  net and
non-cash stock-based compensation.

      EBITDA and adjusted EBITDA are not  measurements of financial  performance
under accounting  principles  generally accepted in the United States of America
and may not be comparable to other similarly titled measures of other companies.
Access  Integrated  Technologies  uses each of EBITDA and  adjusted  EBITDA as a
financial  metric to measure the financial  performance of the business  because
management  believes  it provides  additional  information  with  respect to the
performance of its  fundamental  business  activities.  For this reason,  Access
Integrated  Technologies believes EBITDA and adjusted EBITDA will also be useful
to others, including its stockholders, as valuable financial metrics.

     Management  presents  adjusted  EBITDA  because it believes  that  adjusted
EBITDA  is a useful  supplement  to net  income  as an  indicator  of  operating
performance.  Management also believes that adjusted EBITDA is an  industry-wide
financial  measure  that  is  useful  both  to  management  and  investors  when
evaluating  the Company's  performance  and comparing our  performance  with the
performance  of our  competitors.  Management  also  uses  adjusted  EBITDA  for
planning purposes,  as well as to evaluate the Company's  performance because it
believes that adjusted EBITDA more accurately reflects the Company's results, as
it excludes  certain  items,  in particular  non-cash  stock-based  compensation
charges,  that management believes are not indicative of the Company's operating
performance.

      Access Integrated  Technologies  believes that each of EBITDA and adjusted
EBITDA  is  a  performance   measure  and  not  a  liquidity   measure,   and  a
reconciliation  between net income and EBITDA and adjusted EBITDA is provided in
the financial  results.  EBITDA and adjusted  EBITDA should not be considered as
alternatives  to operating or net income as an indicator of performance or as an
alternative  to cash flows from  operating  activities  as an  indicator of cash
flows,  in each case as  determined  in accordance  with  accounting  principles
generally  accepted  in  the  United  States  of  America,  or as a  measure  of
liquidity.

      A copy of such  press  release is  attached  as  Exhibit  99.1  hereto and
incorporated herein by reference.

      The information in this Form 8-K and the exhibit attached hereto shall not
be deemed "filed" for purposes of Section 18 of the  Securities  Exchange Act of
1934 (the  "Exchange  Act") or  otherwise  subject  to the  liabilities  of that
section,  nor shall it be deemed  incorporated  by reference in any filing under
the  Securities  Act of 1933 or the  Exchange  Act,  regardless  of any  general
incorporation language in such filing.


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                                    SIGNATURE

      Pursuant to the  requirements of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                         ACCESS INTEGRATED TECHNOLOGIES, INC.


                         By: /s/ A. Dale Mayo
                             -------------------------------------------------
                             A. Dale Mayo
                             President and Chief Executive Officer and Director
                             (Principal Executive Officer)




                         By: /s/ Brian D. Pflug
                             ------------------------------------------------
                             Brian D. Pflug
                             Senior Vice President - Accounting & Finance
                             (Principal Financial Officer)


Date:  February 17, 2004

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                                  EXHIBIT INDEX



EXHIBIT NO.       DESCRIPTION


99.1              Press  Release,  dated  February 13, 2004,  announcing  Access
                  Integrated  Technologies,  Inc.'s third fiscal  quarter  ended
                  December 31, 2003 financial results.


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