ARKA MEDIAWORKS’ HIGHLY ANTICIPATED EPIC BAAHUBALI 2: THE CONCLUSION TO BE RELEASED IN IMAX® THEATRES IN INDIA AND SELECT INTERNATIONAL MARKETS

March 16, 2017 – 11:35 am | Permalink

LOS ANGELES, March 16, 2017 /PRNewswire/ — IMAX Corporation (NYSE: IMAX) today announced that Arka Mediaworks’ much-anticipated fantasy film—Baahubali 2: The Conclusion—will be digitally re-mastered in the immersive IMAX format and released in IMAX® theatres in India, beginning April 28, to be followed by additional select international markets.

Directed by S.S. Rajamouli, Baahubali 2: The Conclusion is the thrilling continuation of the 2015 local box-office hit Baahubali: The Beginning, reuniting Rajamouli with star Prabhas, along with Rana Daggubati, Anushka Shetty and Tamannaah Bhatia.

“A major factor for the wide appeal of the Baahubali films is the scale and immersive nature with which we designed and filmed them. So it is very exciting that Baahubali 2: The Conclusion will be released in the IMAX format, which best showcases this and gives the viewer a great experience,” said Rajamouli.

Baahubali 2: The Conclusion marks the third Indian local-language production to be released in IMAX, including the record-breaking 2013 local-language release DHOOM:3.

“With Baahubali 2: The Conclusion, we are excited to continue our commitment to playing local-language blockbusters in India by offering IMAX fans this thrilling finale to the epic and highly successful Indian franchise from Arka Mediaworks and director S.S. Rajamouli,” said Greg Foster, CEO of IMAX Entertainment and Senior Executive Vice President, IMAX Corp. “The film is an ideal fit for The IMAX Experience® and to we’re happy to respond to fan demand by offering Baahubali 2 in the best possible format—in IMAX.”

The long-awaited second part to Baahubali: The Beginning—one of the top-grossing Indian epic historical fantasy films of all time—Baahubali 2: The Conclusion picks up again with our hero Shivudu (Prabhas) as he comes to terms with his legacy and the responsibility placed on him by this knowledge. Shivudu’s quest aims to find the answer to the question that’s been plaguing fans of the franchise for years: Why did Kattappa kill Baahubali?

The IMAX release of Baahubali 2: The Conclusion will be digitally re-mastered into the image and sound quality of The IMAX Experience® with proprietary IMAX DMR® (Digital Re-mastering) technology. The crystal-clear images, coupled with IMAX’s customized theatre geometry and powerful digital audio, create a unique environment that will make audiences feel as if they are in the movie.

About Arka Mediaworks
Arka Mediaworks, a Production House based out of Hyderabad, is a leading name in motion picture production, television programming and syndication and digital content distribution. Since its inception in 2001, Arka Mediaworks has produced several television shows across various languages and channels. It has produced numerous commercially successful and critically acclaimed Indian films.

Arka Mediaworks produced Baahubali, a two-film Indian epic and India’s first tentpole franchise conceptualized and created by acclaimed director S.S. Rajamouli. As part of this franchise, Arka Mediaworks is also working on creating a state of the art Virtual Reality experience, novel, graphic novels and an animated series.

The first film—Baahubali: The Beginning—is the highest-grossing film in India and the third-highest grossing Indian film globally, winning the National Award for Best Feature Film in 2015. The second part—Baahubali 2: The Conclusion—is slated for an April 2017 release.

About IMAX Corporation
IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create experiences that take you beyond the edge of your seat to a world you’ve never imagined. Top filmmakers and studios are utilizing IMAX theatres to connect with audiences in extraordinary ways, and, as such, IMAX’s network is among the most important and successful theatrical distribution platforms for major event films around the globe.

IMAX is headquartered in New York, Toronto and Los Angeles, with offices in London, Tokyo, Shanghai and Beijing. As of Dec. 31, 2016, there were 1,215 IMAX theatres (1,107 commercial multiplexes, 16 commercial destinations and 92 institutions) in 75 countries. On Oct. 8, 2015, shares of IMAX China, a subsidiary of IMAX Corp., began trading on the Hong Kong Stock Exchange under the stock code “HK.1970.”

IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D Experience®, The IMAX Experience®, IMAX Is Believing® and IMAX nXos®are trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).

This press release contains forward looking statements that are based on IMAX management’s assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. These risks and uncertainties are discussed in IMAX’s most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.

IMAX CORPORATION TO PRESENT AT THE DEUTSCHE BANK 25TH ANNUAL MEDIA & TELECOM CONFERENCE

March 1, 2017 – 2:01 pm | Permalink

NEW YORK, March 1, 2017 /PRNewswire/ — IMAX Corporation (NYSE:IMAX) today announced that CEO Richard Gelfond will present at the Deutsche Bank 25th Annual Media & Telecom Conference on Monday, March 6, at 9:45am Eastern Time in Palm Beach, FL.

The conference will be webcast live and can be accessed by visiting the ‘Investor Relations’ section of the Company’s website, www.imax.com. The presentation will be archived for 30 days.

About IMAX Corporation
IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create experiences that take you beyond the edge of your seat to a world you’ve never imagined. Top filmmakers and studios are utilizing IMAX theatres to connect with audiences in extraordinary ways, and, as such, IMAX’s network is among the most important and successful theatrical distribution platforms for major event films around the globe.

IMAX is headquartered in New York, Toronto and Los Angeles, with offices in London, Tokyo, Shanghai and Beijing. As of Dec. 31, 2016, there were 1,215 IMAX theatres (1,107 commercial multiplexes, 16 commercial destinations and 92 institutions) in 75 countries. On Oct. 8, 2015, shares of IMAX China, a subsidiary of IMAX Corp., began trading on the Hong Kong Stock Exchange under the stock code “HK.1970.”

IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D Experience®, The IMAX Experience®, IMAX Is Believing® and IMAX nXos® are trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).

This press release contains forward looking statements that are based on IMAX management’s assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. These risks and uncertainties are discussed in IMAX’s most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.

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Giant Screen Films Partners with Tandem Stills + Motion to Release Film on Pacific Ocean’s Marine National Monuments and Wildlife Refuges

February 28, 2017 – 12:49 pm | Permalink

Evanston, IL (February 27, 2017) – Tandem Stills + Motion (TSM) and Giant Screen Films (GSF) are pleased to announce a pioneering new film that will bring the Pacific Ocean’s protected and remote national wildlife refuge islands and marine national monuments to giant screen and IMAX® cinemas around the world. Hidden Pacific (working title) captures the beauty of the ocean and these emerald islets, the conservation efforts to restore their ecosystems, and the diversity of life on both land and reef. The film will take audiences to these faraway, picturesque “Pearls of the Pacific” in ultra high resolution immersive giant screen and dome formats.

Principal photography was recently completed at Palmyra Atoll, within the Pacific Remote Islands Marine National Monument, and Midway Atoll, located within the Papahānaumokuākea Marine National Monument. The storied histories of these two atolls – from the WWII Pacific Theater to their present environmental recovery and ecological research initiatives – will provide the platform from which the film will explore a diversity of science and human stories. The film is produced in cooperation with the U.S. Fish & Wildlife Service and affiliated organizations, which provided the filmmakers with unprecedented access to the bio-secure islands and marine monuments. While Palmyra and Midway serve as the backbone, topside and underwater photography on Rose Atoll and Wake Atoll will complete this spring. Production shoots will wrap in April with an anticipated release in late 2017.

“We are bringing the public an unprecedented view of landscapes and wildlife that are vital to our planet’s well being and can be seen nowhere else on Earth,” said Ian Shive, director, producer and founder of TSM. “As our climate changes, sea level rise is threatening these critical refuges for fish, birds, plants, wildlife and coral. These special places, and the dedicated research teams that live and work on these remote outposts, provide an abundance of scientific information. Sharing this knowledge with audiences, building awareness about these important monuments, is our mission with this project.”

Hidden Pacific is going to be truly special – and stunningly beautiful,” said Andy Wood, senior vice president and producer at GSF. “The footage captured this month on Palmyra Atoll is breathtaking and, from an audience standpoint, merges nearly every quintessential giant screen deliverable – captivating human, science and environmental stories, vibrant coral reefs teeming with sharks, military history, sweeping aerials, rare animals, more sharks, and postcard visuals of a remote tropical paradise. I’m certain every viewer of this giant screen Pacific safari will leave the theater with a deep-felt appreciation for this extraordinary and rare place. We are really proud to be a part of this timely and important project.”

For more information, please contact Giant Screen Films at info@gsfilms.com or 847-475-9140.

About Giant Screen Films (GSF)
Since 1997, GSF has established itself as a pioneer in the large-format industry, producing and distributing films that push the boundaries of the medium. Through the magic of immersive sight and sound technologies, GSF’s productions challenge the imaginations of children and adults, offering an inspiring perspective on the world and an unforgettable theater experience. Meaningful educational collaboration and partnerships extend each film’s impact far beyond the theater. The company is recognized as one of the world’s leading and most active large-format producers and is based in Evanston, Illinois. For additional information, visit www.gsfilms.com.

About Tandem Stills + Motion
Tandem Stills + Motion (www.tandemstock.com) unites its global community of photographers, filmmakers, editors, and motion graphic artists to offer a full-service video and post-production arm, Tandem Film (www.tandem.film). This creative facet of the company focuses on story-driven filmmaking geared toward the outdoor and adventure markets. Tandem Film provides a fresh, creative approach to storytelling in the commercial and digital markets, and produces content that both visually engages and brings our clients’ visions to life. From concept to completion, Tandem Film offers a streamlined approach to producing cinematic content that incorporates state-of-the-art filmmaking technology with the latest camera systems in addition to a comprehensive range of post-production services. Tandem Film houses the technology, creative force, and knowledge necessary for color grading, musical scoring and composition, 2D and 3D motion graphics, and fluid dynamics simulations to produce high-end, high-impact visual presentations.

About Ian Shive
Ian Shive is an American filmmaker and photographer best known for his images and films of nature and the outdoors. An inquisitive and tireless explorer, Shive has worked on assignment with some of the largest and most impactful environmental organizations in the world, and he has been honored with the prestigious Ansel Adams Award for Conservation Photography. Shive is the best-selling author of The National Parks: Our American Legacy and The National Parks: Our American Landscape, which have played a role in shaping environmental diplomacy efforts throughout the world and heightened awareness of national parks. His monolithic images of majestic landscapes, tender portraits of nature’s intimate side and, notably, the role that humans play in nature, have regularly appeared in hundreds of well-known publications and other media. Shive is based in Los Angeles.

IMAX® is a registered trademark of IMAX Corporation.

BONA FILM GROUP MAKES SIGNIFICANT IMAX COMMITMENT WITH 30-THEATRE AGREEMENT IN CHINA

February 28, 2017 – 12:42 pm | Permalink

Deal Builds on IMAX’s Record 2016 Signings Momentum in China; Boosts Number of IMAX® Theatres with China’s Leading Film Company to 35 from Five

SHANGHAI, Feb. 26, 2017 /PRNewswire/ — IMAX Corp. (NYSE:IMAX) and IMAX China Holding, Inc. (HKSE: 1970) today announced an agreement with Bona Film Group, a leading film distributor and vertically integrated film production company in China, for 30 new IMAX® theatres to be located in new complexes throughout China. The Companies plan to open five theatres annually beginning this year through 2022. Today’s agreement significantly increases Bona Film Group’sIMAX footprint to 35 from five and positions the Company among the top five IMAX exhibitor partners in China.

“As one of the most influential film studios in China and a growing force in the nation’s exhibition market, today’s substantial sales agreement with Bona Film Group underscores the confidence China’s leading industry players have in IMAX to deliver long-term strategic value,” said IMAX CEO Richard L. Gelfond. “Our partnership with Bona reflects our diverse and multifaceted approach to our business in China, which, following our record signings activity in 2016, has recently surpassed the U.S. as our largest market.”

In 2012, Bona opened its first IMAX theatre in Tianjin followed by installations in Beijing, Taiyuan and Wuhan with a fifth theatre slated to open in Dalian. Bona Film Group first partnered with IMAX on the release of the martial arts epic Flying Swords of Dragon Gate in 2011, which marked the first IMAX® 3D presentation of a Chinese-language movie. The film became second-highest grossing IMAX film of 2011 in China. Released in 2014, White-Haired Witch was the second Bona Film Group title presented in IMAX.

“Today’s agreement is a direct result of the tremendous success of our existing IMAX theatres and IMAX film releases,” said Yu Dong, Founder and Chairman of Bona Film Group. “As we aggressively expand our cinema circuit, IMAX will serve as a key entertainment attraction in our new locations that we believe will strengthen their overall performance. IMAX has become one of the strongest entertainment brands in China and we are proud to associate ourselves with the premium IMAX brand and the superior cinematic experience it offers.”

About Bona Film Group Limited
Bona Film Group Limited was the first Chinese film company listed in Nasdaq and now has completed the privatization and raised series A funding, which makes the company’s evaluation at 15 billion yuan. As a leading private film company in China, Bona Film Group has “large-scale production, forward-looking layout, deep-plowing business” as its business model and boasts outstanding performance in the Chinese film market in the past 17 years. Bona’s business includes film & television production and distribution, cinema investment and management, advertising and marketing, talent representation, location-based entertainment and showcase city investment, construction and operation. As of January 2017, Bona has 41 theaters in operation with 336 screens.

For more information about Bona, please visit http://www.bonafilm.cn.

About IMAX China
IMAX China is a subsidiary of IMAX Corporation, and is incorporated under the laws of Cayman Islands. IMAX China was established by IMAX Corporation specifically to oversee the expansion of IMAX’s business throughout Greater China. IMAX China trades on the Hong Kong Stock Exchange under the stock code “HK.1970.”

About IMAX Corporation
IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create experiences that take you beyond the edge of your seat to a world you’ve never imagined. Top filmmakers and studios are utilizing IMAX theatres to connect with audiences in extraordinary ways, and, as such, IMAX’s network is among the most important and successful theatrical distribution platforms for major event films around the globe.

IMAX is headquartered in New York, Toronto and Los Angeles, with offices in London, Tokyo, Shanghai and Beijing. As of Dec. 31, 2016, there were 1,215 IMAX theatres (1,107 commercial multiplexes, 16 commercial destinations and 92 institutions) in 75 countries. On Oct. 8, 2015, shares of IMAX China, a subsidiary of IMAX Corp., began trading on the Hong Kong Stock Exchange under the stock code “HK.1970.”

IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D Experience®, The IMAX Experience®, IMAX Is Believing® and IMAX nXos® are trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).

This press release contains forward looking statements that are based on IMAX management’s assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. These risks and uncertainties are discussed in IMAX’s most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.

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IMAX CORPORATION REPORTS FOURTH-QUARTER AND FULL-YEAR 2016 RESULTS

February 28, 2017 – 12:29 pm | Permalink

NEW YORK, Feb. 23, 2017 /PRNewswire/ —

HIGHLIGHTS

– Installed 166 new IMAX® theatres during 2016, up 22% vs. prior year, bringing the IMAX theatre network count to 1,215 screens across 75 countries

– Signed agreements for record 319 IMAX theatre systems during 2016, up from 138 signings in 2015

– Ended year with 498 theatres in backlog, up 34% vs. prior year

– Company provides 2017 installation guidance range of approximately 150-155 new systems

– Opened flagship IMAX Virtual Reality Centre in Los Angeles in January of 2017, with an additional five pilot centres signed and scheduled to be open in coming months

IMAX Corporation (NYSE:IMAX) today reported fourth-quarter 2016 revenue of $106.9 million and net income attributable to common shareholders of $8.9 million, or $0.13 per diluted share. Full year 2016 revenue was $377.3 million and net income attributable to common shareholders was $28.8 million, or $0.42 per diluted share. Adjusted net income attributable to common shareholders for the fourth quarter and full year was $0.22 per diluted share and $0.73 per diluted share, respectively. For reconciliations of reported results to non-GAAP financial results, and for the definition and reconciliation of Adjusted EBITDA as calculated in accordance with the Company’s credit facility, please see the end of this press release.

“2016 was an impressive year for IMAX on several strategic fronts: our footprint grew 15%, we signed a record 319 new theatre agreements, and we further established IMAX as a leader in the entertainment industry through two key growth initiatives – original content and virtual reality,” said IMAX CEO Richard L. Gelfond. “We’re extremely optimistic on the theatrical side of the business, where demand for IMAX has hit record levels. With a global footprint of 1,215 theatres in 75 countries and a promising blockbuster-driven 2017 film slate that features more IMAX differentiation than any year in our history, we believe we’re extremely well positioned for future growth.”

Fourth-Quarter 2016 Results

Network Update
During the quarter, the Company installed 73 theatres, of which 70 were for new theatre locations and 3 were upgrades. The Company also signed contracts for 26 theatres in the fourth quarter of 2016. The total IMAX theatre network consisted of 1,215 systems as of Dec. 31, 2016, of which 1,107 were in commercial multiplexes. For a breakdown of theatre system signings, installations, network and backlog by type, please see the end of this press release.

Box Office Update
Gross box office from IMAX DMR titles was $246.5 million in the fourth quarter of 2016, compared with $288.4 million in the prior-year period. The average global DMR box office per-screen average in the fourth quarter of 2016 was $233,300, compared with $318,600 in same period last year.

Fourth-Quarter Segment Results
Revenue from sales and sales-type leases was $31.0 million in the fourth quarter of 2016, compared with $33.0 million in the fourth quarter of 2015. The Company installed 23 full theatre systems under sales and sales-type lease arrangements in the most recent quarter, compared with the 24 full sales-type theatres the Company installed in the fourth quarter of 2015. The Company also recognized one laser upgrade under a sales-type lease arrangement in the most recent quarter, compared to two in the same period last year. Gross margin for sales and sales-type leases was 58.9% vs. 60.7% in the year ago period, primarily a result of lower margins from the installation of laser-based digital systems. The Company’s margins on full, new sales and sales-type leases was 62.6% in the most recent quarter.

Revenue from joint revenue-sharing arrangements was $24.5 million in the quarter, compared with $31.9 million in the prior-year period. During the quarter, the Company installed 46 new theatres under joint revenue-sharing arrangements, compared with 32 new theatres in the fourth quarter of 2015. The Company had 640 theatres operating under joint revenue-sharing arrangements as of Dec. 31, 2016, as compared to 529 theatres one year prior. Gross margin for joint revenue-sharing arrangements was 61.8%, compared to 67.7% in the prior-year period. Revenue and gross margin results primarily reflected lower box office revenue and FX headwinds.

Production and DMR revenues were $27.6 million in the fourth quarter of 2016, compared with $31.9 million in the fourth quarter of 2015. Gross margin for the Production and DMR segment was 60.8%, compared to 68.9% in the prior-year period, primarily a result of lower box office revenue, higher marketing costs and FX headwinds.

Gross margin across all segments in the fourth quarter of 2016 was 51.7%, compared to 60.2% in the fourth quarter of 2015, mainly due to lower box office, upfront costs associated with heightened installation activity and FX headwinds.

Operating expenses (which includes SG&A and R&D, and excludes stock-based compensation) were $28.7 million in the quarter, compared to $29.2 million in the fourth quarter of 2015 and consistent with guidance disclosed on the Q3 2016 call.

Full-Year 2016 Results
Full-year 2016 revenue was $377.3 million as compared to 2015 revenue of $373.8 million. Reported net income attributable to common shareholders was $28.8 million, or $0.42 per diluted share, as compared to $55.8 million or $0.78 per diluted share in 2015. Adjusted net income attributable to common shareholders was $50.0 million as compared to $73.0 million in 2015, or $0.73 per diluted share as compared to $1.02 per diluted share in 2015 Adjusted EBITDA, as calculated in accordance with the Company’s credit facility, was $121.9 million in 2016 as compared to $140.8 million in 2015. The Company also reported a global 2016 per-screen average of $963,800, as compared to $1,155,800 in the prior year.

The full-year installations total grew to 182 theatre systems, of which 16 were upgrades, compared with 154 and 18, respectively, in the prior-year period. IMAX signed contracts for 319 theatres in 2016, across 28 countries, resulting in 498 theatre systems in backlog as of Dec. 31, 2016, compared to 372 theatre systems in backlog as of Dec. 31, 2015. The Company’s top three markets for signings were China, the United States and France. For a breakdown of theatre system signings, installations, network and backlog by type, please see the end of this press release.

“In terms of new business opportunities, we formed a ground-breaking partnership with Marvel and ABC to exclusively launch the first two episodes of the television series Marvel’s Inhumans across the global IMAX network ahead of its premiere on ABC and in international markets later this year. We are excited to have an equity interest in the venture and we believe this approach could help facilitate quicker international syndication,” Gelfond said.

“We’ve also taken a giant step forward in establishing location-based VR with the launch of our $50 million VR content fund and several new innovative technology and content partnerships,” he continued. “Last month, we opened our flagship pilot IMAX VR Centre in Los Angeles, which has already had more than 7,000 unique, satisfied visitors. We also signed agreements to open five new VR pilot centres in China, the U.K. and the U.S. by year-end. While this venture is still in its pilot phase, we are extremely encouraged by the initial results and look forward to getting the additional locations up and running over the coming months.”

Share Buybacks
In 2016, the Company repurchased 3,849,222 common shares under the Company’s repurchase program at an average price of $30.25 per share. The retired shares were purchased for $116.5 million. The Company has $46.3 million available under its approved repurchase program.

Supplemental Materials
For more information about our results, please refer to the IMAX Investor Relations website located at www.imax.com/content/investor-relations.

Investor Relations Website and Social Media
On a weekly basis, the Company posts quarter-to-date box office results on the IMAX Investor Relations website located at www.imax.com/content/investor-relations. The Company expects to provide such updates on Friday of each week, although the Company may change this timing without notice. Results will be displayed with a one week lag. In addition, the Company maintains a Twitter account: @IMAX_Investors. The Company intends to use Twitter to disclose the box office information, as well as other information that may be of interest to the Company’s investor community.

The information posted on the Company’s Investor Relations website and/or via its Twitter account may be deemed material to investors. Accordingly, investors, media and others interested in the Company should monitor the Company’s website and its Twitter account in addition to the Company’s press releases, SEC filings and public conference calls and webcasts.

Conference Call
The Company will host a conference call today at 4:30 PM ET to discuss its fourth-quarter and full-year 2016 financial results. To access the call via telephone, interested parties in the US and Canada should dial (800) 274-0251 approximately 5 to 10 minutes before the call begins. Other international callers should dial (647) 794-1827. The conference ID for the call is 6312959. A replay of the call will be available via webcast on the IMAX Investor Relations website located at www.imax.com/content/investor-relations or via telephone by dialing (888) 203-1112 (US and Canada), or (647) 436-0148 (international). The Conference ID for the telephone replay is 6312959.

About IMAX Corporation
IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create experiences that take you beyond the edge of your seat to a world you’ve never imagined. Top filmmakers and studios are utilizing IMAX theatres to connect with audiences in extraordinary ways, and, as such, IMAX’s network is among the most important and successful theatrical distribution platforms for major event films around the globe.

IMAX is headquartered in New York, Toronto and Los Angeles, with offices in London, Tokyo, Shanghai and Beijing. As of Dec. 31, 2016, there were 1,215 IMAX theatres (1,107 commercial multiplexes, 16 commercial destinations and 92 institutions) in 75 countries. On Oct. 8, 2015, shares of IMAX China, a subsidiary of IMAX Corp., began trading on the Hong Kong Stock Exchange under the stock code “HK.1970.”

IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D Experience®, The IMAX Experience®, IMAX Is Believing® and IMAX nXos® are trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).

This press release contains forward looking statements that are based on IMAX management’s assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. Important factors that could affect these statements include, but are not limited to, references to future capital expenditures (including the amount and nature thereof), business and technology strategies and measures to implement strategies, competitive strengths, goals, expansion and growth of business, operations and technology, plans and references to the future success of IMAX Corporation together with its consolidated subsidiaries (the “Company”) and expectations regarding the Company’s future operating, financial and technological results. These forward-looking statements are based on certain assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors it believes are appropriate in the circumstances. However, whether actual results and developments will conform with the expectations and predictions of the Company is subject to a number of risks and uncertainties, including, but not limited to, risks associated with investments and operations in foreign jurisdictions and any future international expansion, including those related to economic, political and regulatory policies of local governments and laws and policies of the United States and Canada; risks related to the Company’s growth and operations in China; the signing of theater system agreements; conditions, changes and developments in the commercial exhibition industry; risks related to currency fluctuations; the performance of IMAX DMR films; the potential impact of increased competition in the markets within which the Company operates; competitive actions by other companies; the failure to respond to change and advancements in digital technology; the Company’s largest customer accounting for a significant portion of the Company’s revenue and backlog; risks related to new business initiatives; conditions in the in-home and out-of-home entertainment industries; the opportunities (or lack thereof) that may be presented to and pursued by the Company; risks related to cyber-security; risks related to the Company’s inability to protect its intellectual property; risks related to the Company’s implementation of a new enterprise resource planning system; general economic, market or business conditions; the failure to convert theater system backlog into revenue; changes in laws or regulations; and other factors, many of which are beyond the control of the Company. These factors, other risks and uncertainties and financial details are discussed in IMAX’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.

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IMAX® AND DISNEY EXTEND BLOCKBUSTER SLATE DEAL THROUGH 2019

February 28, 2017 – 12:16 pm | Permalink

Lucasfilm’s Star Wars: The Last Jedi to Feature Select Scenes Captured with IMAX® Cameras

LOS ANGELES, Feb. 22, 2017 /PRNewswire/ — Building on their existing long-standing relationship, IMAX Corporation (NYSE:IMAX) and The Walt Disney Studios, a division of The Walt Disney Company (NYSE: DIS), announced today that both companies have extended their multi-faceted agreement with a new multi-picture deal — beginning this year and extending through 2019 — that includes the much-anticipated live-action and animated tentpole releases from Disney, Walt Disney Animation Studios, Pixar, Marvel and Lucasfilm.

Highlights of the agreement include IMAX’s involvement in the release of Lucasfilm’s untitled Indiana Jones film, untitled Han Solo Star Wars anthology film, Star Wars: The Last Jedi and Star Wars: Episode IX; Marvel’s Black Panther, Ant-Man and the Wasp, Captain Marvel, Avengers: Infinity War and the untitled Avengers sequel; Disney’s Beauty and the Beast, A Wrinkle in Time and Mulan; Pixar’s The Incredibles 2 and Toy Story 4 and Walt Disney Animation Studios’ Wreck-It Ralph sequel.

Following J.J. Abrams’ iconic use of IMAX® cameras in Star Wars: The Force Awakens, the companies have also announced that director Rian Johnson has captured key sequences of Star Wars: The Last Jedi using IMAX’s extremely high-resolution cameras, delivering IMAX audiences greater scope and increased image quality in IMAX’s exclusive aspect ratio for a uniquely immersive experience. Additionally, as previously announced, Avengers: Infinity War and the untitled Avengers sequel will be shot in their entirety by The Russo Brothers with IMAX® cameras.

“The Walt Disney Studios strives to bring great stories from visionary filmmakers to life for audiences around the world, leveraging the best technology available to create exceptional theatrical experiences,” said Alan Bergman, President, The Walt Disney Studios. “That’s what IMAX brings to the table, and we look forward to continuing to work with the IMAX team on the unparalleled upcoming slate of films from Disney, Pixar, Marvel, and Lucasfilm.”

As part of the new agreement, both companies will work together to create exclusive IMAX marketing materials, particularly for those films captured using IMAX cameras or featuring an expanded aspect ratio exclusively in IMAX® theatres. In 2016, Disney occupied four of the top ten IMAX spots at the global box office, including Rogue One: A Star Wars Story, Captain America: Civil War, Doctor Strange and The Jungle Book.

“Disney is at the top of its game, offering fans around the world highly original and diverse movie-going entertainment, which aligns perfectly with The IMAX Experience® as the most captivating and unique theatrical presentation,” said Greg Foster, CEO of IMAX Entertainment and Senior Executive Vice President, IMAX Corp. “We look forward to continuing our collaboration with our close friends at Disney and this elite group of filmmakers to bring first-class entertainment to the IMAX theatre network. We are particularly excited to announce Rian Johnson’s use of IMAX cameras on Star Wars: The Last Jedi as we embark on a year that will feature more films with IMAX differentiation than ever before in our history.”

The IMAX release of each film will be digitally re-mastered into the image and sound quality of The IMAX Experience® with proprietary IMAX DMR® (Digital Re-mastering) technology. The crystal-clear images, coupled with IMAX’s customized theatre geometry and powerful digital audio, create a unique environment that will make audiences feel as if they are in the movie.

About IMAX Corporation
IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create experiences that take you beyond the edge of your seat to a world you’ve never imagined. Top filmmakers and studios are utilizing IMAX theatres to connect with audiences in extraordinary ways, and, as such, IMAX’s network is among the most important and successful theatrical distribution platforms for major event films around the globe.

IMAX is headquartered in New York, Toronto and Los Angeles, with offices in London, Tokyo, Shanghai and Beijing. As of Sep. 30, 2016, there were 1,145 IMAX theatres (1,037 commercial multiplexes, 16 commercial destinations and 92 institutions) in 74 countries. On Oct. 8, 2015, shares of IMAX China, a subsidiary of IMAX Corp., began trading on the Hong Kong Stock Exchange under the stock code “HK.1970.”

IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D Experience®, The IMAX Experience® and IMAX Is Believing® are trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).

About The Walt Disney Studios
For over 90 years, The Walt Disney Studios has been the foundation on which The Walt Disney Company was built. Today, the Studio brings quality movies, music and stage plays to consumers throughout the world. Feature films are released under the following banners: Disney, including Walt Disney Animation Studios and Pixar Animation Studios; Disneynature; Marvel Studios; and Lucasfilm. The Disney Music Group encompasses the Walt Disney Records and Hollywood Records labels, as well as Disney Music Publishing. The Disney Theatrical Group produces and licenses live events, including Disney on Broadway, Disney On Ice and Disney Live!.

This press release contains forward looking statements that are based on IMAX management’s assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. These risks and uncertainties are discussed in IMAX’s most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.

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IMAX CORPORATION TO PRESENT AT MORGAN STANLEY TECHNOLOGY, MEDIA & TELECOM CONFERENCE

February 28, 2017 – 12:03 pm | Permalink

NEW YORK, Feb. 17, 2017 /PRNewswire/ — IMAX Corporation (NYSE: IMAX) today announced that CEO Richard L. Gelfond will present at the Morgan Stanley Technology, Media & Telecom Conference on Tuesday, February 28 at 4:35pm Pacific Time. The conference is being held in San Francisco, CA.

The conference will be webcast live and can be accessed by visiting the ‘Investor Relations’ section of the Company’s website, www.imax.com. The presentation will be archived for 30 days.

About IMAX Corporation
IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create experiences that take you beyond the edge of your seat to a world you’ve never imagined. Top filmmakers and studios are utilizing IMAX theatres to connect with audiences in extraordinary ways, and, as such, IMAX’s network is among the most important and successful theatrical distribution platforms for major event films around the globe.

IMAX is headquartered in New York, Toronto and Los Angeles, with offices in London, Tokyo, Shanghai and Beijing. As of Sep. 30, 2016, there were 1,145 IMAX theatres (1,037 commercial multiplexes, 16 commercial destinations and 92 institutions) in 74 countries. On Oct. 8, 2015, shares of IMAX China, a subsidiary of IMAX Corp., began trading on the Hong Kong Stock Exchange under the stock code “HK.1970.”

IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D Experience®, The IMAX Experience®, IMAX Is Believing® and IMAX nXos® are trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).

This press release contains forward looking statements that are based on IMAX management’s assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. These risks and uncertainties are discussed in IMAX’s most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.

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JOURNEY TO THE WEST: THE DEMONS STRIKE BACK CONQUERS CHINESE BOX OFFICE WITH RECORD-SETTING $8.6 MILLION OPENING IN 390 IMAX® THEATRES

January 31, 2017 – 3:02 pm | Permalink

Film Scores Largest Three-Day Opening Gross in IMAX for Chinese Local Production

SHANGHAI, Jan. 31, 2017 /PRNewswire/ — IMAX Corporation (NYSE: IMAX) and IMAX China Holding, Inc. (HKSE: 1970) today announced that Stephen Chow and Tsui Hark’s 3D fantasy-adventure sequel Journey to the West: The Demons Strike Back blasted into the Chinese market on Saturday, January 28 – the first day of the Chinese New Year – with a three-day opening weekend gross of $8.6 million from 390 IMAX® theatres, making it the largest three-day IMAX opening for a local-language film ever. This includes a record-setting opening-day gross of $4.5 million – the best-ever single-day gross for a Chinese local-language film in IMAX, as well as the Company’s highest Chinese New Year opening day.

Overall, IMAX represented a stellar 17 of the top 20-grossing theatres in China for Journey to the West: The Demons Strike Back, including all of the film’s top five locations.

“We’d like to congratulate our friends and partners Stephen Chow and Tsui Hark on this record-breaking achievement,” said Greg Foster, CEO of IMAX Entertainment and Senior Executive Vice President, IMAX Corp. “Not only is this a fantastic kick-off to the Chinese New Year holiday play period, but also an incredible start to a year slated with a diverse line-up of both local-language and Hollywood films. With Journey to the West, it’s clear that the combination of fun and thrilling entertainment as seen in the best possible format – IMAX – continues to be a powerful force at the box office, and we look forward to the film’s enduring overall success throughout the CNY holiday and beyond.”

The IMAX® 3D release of Journey to the West: The Demons Strike Back was digitally re-mastered into the image and sound quality of The IMAX Experience® with proprietary IMAX DMR® (Digital Re-mastering) technology. The crystal-clear images, coupled with IMAX’s customized theatre geometry and powerful digital audio, create a unique environment that will make audiences feel as if they are in the movie.

About IMAX China
IMAX China is a subsidiary of IMAX Corporation, and is incorporated under the laws of Cayman Islands. IMAX China was established by IMAX Corporation specifically to oversee the expansion of IMAX’s business throughout Greater China. IMAX China trades on the Hong Kong Stock Exchange under the stock code “HK.1970.”

About IMAX Corporation
IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create experiences that take you beyond the edge of your seat to a world you’ve never imagined. Top filmmakers and studios are utilizing IMAX theatres to connect with audiences in extraordinary ways, and, as such, IMAX’s network is among the most important and successful theatrical distribution platforms for major event films around the globe.

IMAX is headquartered in New York, Toronto and Los Angeles, with offices in London, Tokyo, Shanghai and Beijing. As of Sep. 30, 2016, there were 1,145 IMAX theatres (1,037 commercial multiplexes, 16 commercial destinations and 92 institutions) in 74 countries. On Oct. 8, 2015, shares of IMAX China, a subsidiary of IMAX Corp., began trading on the Hong Kong Stock Exchange under the stock code “HK.1970.”

IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D Experience®, The IMAX Experience® and IMAX nXos® are trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).

This press release contains forward looking statements that are based on IMAX management’s assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. These risks and uncertainties are discussed in IMAX’s most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.

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IMAX CORPORATION TO ANNOUNCE FOURTH-QUARTER AND FULL-YEAR 2016 FINANCIAL RESULTS AND HOST CONFERENCE CALL

January 31, 2017 – 2:54 pm | Permalink

NEW YORK, Jan. 26, 2017 /PRNewswire/ — IMAX Corporation (NYSE: IMAX) today announced it will hold a quarterly conference call to discuss its fourth-quarter and full-year 2016 financial results on Thursday, February 23 at 4:30 p.m. Eastern Time.

This call is being webcast by Thomson Financial and can be accessed at www.imax.com by clicking on ‘Investor Relations.’ To access the call via telephone, interested parties in the US and Canada should dial (800) 274-0251 approximately 5 to 10 minutes before the call begins. Other international callers should dial (647) 794-1827. The conference ID for the call is 6312959. A replay of the call will be available via webcast on the ‘Investor Relations’ section of www.imax.com or via telephone by dialing (888) 203-1112 (US and Canada), or (647) 436-0148 (international). The Conference ID for the telephone replay is 6312959.

About IMAX Corporation
IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create experiences that take you beyond the edge of your seat to a world you’ve never imagined. Top filmmakers and studios are utilizing IMAX theatres to connect with audiences in extraordinary ways, and, as such, IMAX’s network is among the most important and successful theatrical distribution platforms for major event films around the globe.

IMAX is headquartered in New York, Toronto and Los Angeles, with offices in London, Tokyo, Shanghai and Beijing. As of Sept. 30, 2016, there were 1,145 IMAX theatres (1,037 commercial multiplexes, 16 commercial destinations and 92 institutions) in 74 countries. On Oct. 8, 2015, shares of IMAX China, a subsidiary of IMAX Corp., began trading on the Hong Kong Stock Exchange under the stock code “HK.1970.”

IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D Experience®, The IMAX Experience®, IMAX Is Believing® and IMAX nXos® are trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).

This press release contains forward looking statements that are based on IMAX management’s assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. These risks and uncertainties are discussed in IMAX’s most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.

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Academy Award® Winner, Jeff Bridges, Narrates MacGillivray Freeman’s Newest 3D Documentary for IMAX® and Giant Screens Theatres “DREAM BIG: Engineering Our World”

January 26, 2017 – 1:05 pm | Permalink

p style=”text-align: center;”>Celebrating human ingenuity and innovation while inspiring our future engineers

January 26, 2017, Laguna Beach, CA —Academy Award winner, Jeff Bridges, who recently received his seventh Academy Award nomination for his performance in “Hell or High Water,” lends his voice to narrate “DREAM BIG: Engineering Our World,” MacGillivray Freeman’s new 3D film for IMAX and giant screen theatres opening globally beginning February 17, 2017. Directed by two-time Academy Award-nominated filmmaker Greg MacGillivray, and produced in partnership with American Society of Civil Engineers and presented by Bechtel Corporation, “DREAM BIG” is a first of its kind film that will transform how we think about engineering.

From the Great Wall of China and the world’s tallest buildings to underwater robots, solar cars, and smart, sustainable cities, “DREAM BIG” celebrates the human ingenuity behind engineering marvels big and small, and reveals the creativity and compassion that drive engineers to create better lives for people around the world.

“I am a believer in encouraging our youth to make a difference in the world, and “DREAM BIG” encourages young people to do just that,” says narrator Jeff Bridges.

“As an innovator in his own field, Jeff Bridges brings his passion and inspiration to a film that encourages young people to think about engineering as a meaningful way to help others and leave a positive mark on the world,” says director Greg MacGillivray. “Teachers and parents are looking for ways to turn kids on to science and engineering, and with “DREAM BIG” we hope to bring something new to that effort with an entertaining, visually spectacular film full of stirring human stories.”

One of Hollywood’s most successful actors and a seven-time Academy Award nominee, Jeff Bridges’ performance in “Crazy Heart” deservedly garnered the iconic performer his first Oscar® for Best Performance by an Actor in a Leading Role. The actor’s multi-faceted career has cut a wide swathe across all genres. He has starred in numerous box office hits, including Gary Ross’ “Seabiscuit,” “The Fisher King,” “The Fabulous Baker Boys,” “The Jagged Edge,” “Tucker: The Man and His Dream,” “Blown Away,” “Fearless” and “American Heart” which earned Bridges an IFP/Spirit Award in 1993 for Best Actor. He appeared in the critically acclaimed “The Door in the Floor” which also earned him an IFP/Spirit Award nomination for Best Actor. He has played a major featured role in other films including “The Muse,” “Arlington Road” and starred in “Simpatico,” “The Big Lebowski,” “White Squall,” “Wild Bill,” “Fat City” and “The Mirror Has Two Faces” among many others. Bridges starred in the Coen Brothers’ critically acclaimed western “True Grit” which landed him his sixth Oscar nomination as well as other recent movies such as “The Giver” and “TRON: Legacy” where he reprised his role from the 1982 classic film “TRON.” Bridges can most recently be seen in “Hell or High Water” for which he received both an Academy Award nomination and a Golden Globe nomination for Best Performance by an Actor for a Supporting Role. In 1983, Jeff founded the End Hunger Network, a nonprofit organization dedicated to feeding children around the world. He is currently the national spokesman for the Share Our Strength/No Kid Hungry campaign that is fighting to end childhood hunger in America.

DREAM BIG” is the first giant screen project to promote the educational STEM movement (Science, Technology, Engineering and Math). MacGillivray Freeman Films and its partners at ASCE and Bechtel have produced educational materials to go with the film and are providing funding for programs at museums and science centers such as Engineering Festivals and Girls Night Out. Some of the targeted programming is meant to introduce middle and high-school girls to dynamic women engineer role models to encourage their interest in engineering careers. Also available are 50 hands-on engineering activities, educational videos, lesson plans for grades K-12 and other engineering-themed events. These educational components are hosted on the educational website www.DiscoverE.org/dreambig.

DREAM BIG: Engineering Our World” opens globally on February 17, 2017
www.dreambigfilm.com

About MacGillivray Freeman Films
MacGillivray Freeman Films is the world’s foremost independent producer and distributor of giant-screen 70mm films with 40 films for IMAX theatres to its credit. Throughout the company’s 50-year history, its films have won numerous international awards including two Academy Award® nominations and three films inducted into the IMAX Hall of Fame. MacGillivray Freeman’s films are known for their artistry and celebration of science and the natural world. It is the first documentary film company to reach the one billion dollar benchmark for worldwide box office.

About the American Society of Civil Engineers
As a production partner, American Society of Civil Engineers (ASCE) has been planning, coordinating, and promoting Dream Big and its outreach programs since inception. With 150,000 members in 177 countries, ASCE members engineer the built environment while protecting and restoring the natural environment.

About Bechtel Corporation
Bechtel Corporation is among the most respected engineering, construction and project management companies in the world. Together with their customers, they deliver landmark projects that foster sustainable progress and economic growth. Since 1898, they have completed more than 25,000 extraordinary projects across 160 countries on all seven continents.

Dream Big is a MacGillivray Freeman film produced in partnership with American Society of Civil Engineers and presented by Bechtel Corporation.

IMAX® is a registered trademark of IMAX Corporation.
Academy Award and OscarR are registered trademarks of the Academy of Motion Picture Arts and Sciences.