                                                                    Exhibit 99.3


                      ACCESS INTEGRATED TECHNOLOGIES, INC.
               PRO FORMA UNAUDITED CONDENSED COMBINED STATEMENT OF OPERATIONS
                    FOR THE FISCAL YEAR ENDED MARCH 31, 2004
                      (in thousands, except per share data)

The following pro forma  unaudited  condensed  combined  statement of operations
reflects the acquisition of Hollywood SW as if such  transaction had occurred on
April  1,  2003.  The  acquisition  has  been  accounted  for as a  purchase  in
accordance  with  Statement of Financial  Accounting  Standards  No. 141. In the
opinion of  management  of the  Company,  all  adjustments  necessary to present
fairly such pro forma  statements of operations  have been made.

This pro forma condensed  statement of operations  should be read in conjunction
with the notes thereto, the financial statements of the Company and Hollywood SW
and the related notes thereto.  The pro forma condensed  statement of operations
is presented for informational  purposes only and is not necessarily  indicative
of what the actual  results of  operations  would have been had the  transaction
occurred at April 1, 2003, nor do they purport to indicate the results of future
operations.

The AccessIT column  presents  results of operations of the Company for the full
year ended March 31, 2004,  which  includes the  operations of Hollywood SW from
its date of acquisition  on November 3, 2003.  The Hollywood SW column  presents
unaudited results of operations for the portion of the year ended March 31, 2004
prior to its date of acquisition.
<TABLE>
<CAPTION>
                                                                                  Hollywood sw                       Pro Forma
                                                                  Accessit           Seven                            Results
                                                                 Year ended        Months ended      Pro Forma       Year ended
                                                               March 31, 2004     November 3, 2003  Adjustments      March 31,
                                                              ---------------     ----------------  ------------    -----------
<S>                                                           <C>                 <C>               <C>             <C>
Revenues..................................                       $7,201               $972                   --     $    8,173
Cost of revenues (exclusive of
depreciation shown below)                                         3,667                157                  161(1)       3,985
                                                              ---------------     ----------------  ------------    -----------

Gross profit..............................                        3,534                815                 (161)         4,188

Operating expenses
Selling, general and administrative.......                        3,277                683                   --          3,960
Research and development..................                           55                218                   --            273
Non-cash stock-based compensation.........                           15                455                   --            470
Depreciation and amortization.............                        2,692                 15                  234(2)       2,941
                                                              ---------------     ----------------  ------------    -----------

Total operating expenses..................                        6,039              1,371                  234          7,644
                                                              ---------------     ----------------  ------------    -----------

Loss from  operations.....................                       (2,505)              (556)                (395)        (3,456)

Interest income...........................                            6                 --                   --              6
Interest expense..........................                         (542)                --                 (139)(3)       (681)
Loss on early extinguishment of debt......                         (126)                --                   --           (126)
Non-cash interest expense.................                       (1,823)                --                   --         (1,823)
Minority Interest in Subsidiary...........                           25                 --                   --             25
Other expense, net........................                          (52)                --                   --            (52)
                                                              ---------------     ----------------  ------------    -----------
Net loss before income taxes..............                       (5,017)              (556)                (534)        (6,107)

Income tax benefit (expense)..............                          212                (48)                  --            164
                                                              ---------------     ----------------           ---    -----------
                                       P-1
<PAGE>

Net loss..................................                       (4,805)              (604)                (534)        (5,943)

Accretion related to redeemable convertible
Preferred stock...........................                       (1,588)                --                    --        (1,588)
Accretion of preferred dividends..........                         (220)                --                    --          (220)
                                                              ---------------     ----------------           ---    -----------

Net loss available to common stockholders.                     $ (6,613)            $ (604)                (534)    $   (7,751)
                                                              ===============     ================  ============    ===========

Net loss available to common stockholders per common share:
Basic and diluted.........................                     $ (1.37)                                                 $(1.53)
                                                              ===============                                       ===========

Weighted average number of common shares outstanding:
Basic and diluted.........................                    4,826,776                                              5,070,492
                                                              ===============                                       ===========
</TABLE>

(1)   Represents  amortization  of  $161  related  to  the  appraised  value  of
      Hollywood  SW  capitalized  software  costs of $1,350,  amortized  over an
      estimated useful life of 5 years.

(2)   Represents  amortization  of  $234  related  to  the  appraised  value  of
      Hollywood  SW  intangible  assets  of  $1,550,  $500 and  $120,  including
      non-competition  agreements,  customer contracts and corporate trade name,
      respectively,  amortized over estimated useful lives of 5, 5 and 10 years,
      respectively.

(3)   Represents adjustment for additional interest expense from the issuance of
      $3,000 in 8% notes related to the Hollywood SW acquisition.

                                       P-2
