updated 1/12/2011 9:47:17 AM ET 2011-01-12T14:47:17

Super 8, Transformers: Dark of the Moon, Mission: Impossible - Ghost Protocol and The Adventures of Tintin: The Secret of the Unicorn Set for Release in IMAX®Theatres

Mission: Impossible - Ghost Protocol to Feature Select Sequences Filmed With IMAX cameras

LOS ANGELES, Jan. 12, 2011 (GLOBE NEWSWIRE) -- IMAX Corporation (Nasdaq:IMAX) (TSX:IMX) today announced an agreement with Paramount Pictures to release four of the studio's tentpole releases in 2011 – Super 8,Transformers: Dark of the Moon, Mission: Impossible - Ghost Protocol and The Adventures of Tintin: The Secret of the Unicorn. Each film will open day-and-date in IMAX® theatres worldwide. Sony Pictures Entertainment is co-production partner on The Adventures of Tintin: The Secret of the Unicorn and Sony Pictures Releasing International (SPRI) will handle distribution and marketing in most key territories overseas.

Transformers: Dark of the Moon and The Adventures of Tintin: The Secret of the Unicorn, both originally shot in 3D, will be digitally re-mastered into IMAX's format for presentation in IMAX® 3D.

Mission: Impossible – Ghost Protocol continues the legacy of The Dark Knight and its revolutionary integration of IMAX original footage as this fourth chapter in the Mission: Impossible franchise will feature scenes shot with IMAX cameras. These specific sequences, exclusively in IMAX, will expand on the screen and further immerse the audience in the explosive action and vast scope of the film.

"Consumer demand for The IMAX Experience® has never been higher," said Rob Moore, Vice Chairman of Paramount Pictures. "Coupled with the rising popularity of the IMAX brand, the growing number of IMAX screens and the increased interest from our top filmmakers to have their movies offered in this format, IMAX is and continues to be a key part of our release strategy."

"Paramount Pictures consistently delivers top-quality, highly entertaining films that audiences love to see in IMAX, and with these new titles, we believe our 2011 lineup is on its way to becoming the most robust slate we've ever had," said IMAX CEO Richard L. Gelfond. "Our growing worldwide network will enable even more movie fans to experience their favorite films in the best possible way."

"When you combine the incredible storytelling talents of J.J. Abrams, Michael Bay, Brad Bird, and Steven Spielberg with technologies that transport the audience into the story, you create an awe-inspiring experience that takes movie-goers to places they only dream of – and that is what the core and spirit of our partnership with Paramount Pictures is all about," said Greg Foster, Chairman and President of IMAX Filmed Entertainment. "We are very excited to share these amazing event films with IMAX exhibitors and movie-goers and look forward to working with these brilliant filmmakers as they showcase their talents in our format."

Super 8 will be released on June 10, 2011; Transformers: Dark of the Moon will be released on July 1, 2011; Mission: Impossible – Ghost Protocol will be released on December 16, 2011; and The Adventures of Tintin: The Secret of the Unicorn will be released on December 28, 2011 (U.S. release date).

About Paramount Pictures Corporation

Paramount Pictures Corporation (PPC), a global producer and distributor of filmed entertainment, is a unit of Viacom (NYSE:VIA) (NYSE:VIA-B), a leading content company with prominent and respected film, television and digital entertainment brands.  The company's labels include Paramount Pictures, Paramount Vantage, Paramount Classics, Insurge Pictures, MTV Films, and Nickelodeon Movies.  PPC operations also include Paramount Digital Entertainment, Paramount Famous Productions, Paramount Home Entertainment, Paramount Pictures International, Paramount Licensing Inc., Paramount Studio Group, and Worldwide Television Distribution.

About IMAX Corporation

IMAX Corporation is one of the world's leading entertainment technology companies, specializing in immersive motion picture technologies. The worldwide IMAX network is among the most important and successful theatrical distribution platforms for major event films around the globe, with IMAX theatres delivering the world's best cinematic presentations using proprietary IMAX, IMAX® 3D, and IMAX DMR® technology.  IMAX DMR is the Company's groundbreaking digital re-mastering technology that allows it to digitally transform virtually any conventional motion picture into the unparalleled image and sound quality of The IMAX Experience. The IMAX brand is recognized throughout the world for extraordinary and immersive entertainment experiences for consumers. As of September 30, 2010, there were 470 IMAX theatres (348 commercial, 122 institutional) operating in 45 countries.

The IMAX Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6469

IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D Experience® and The IMAX Experience® 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 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, general economic, market or business conditions, including the length and severity of the current economic downturn, the opportunities that may be presented to and pursued by the Company, the performance of IMAX DMR films, conditions in the in-home and out-of home entertainment industries, the signing of theatre system agreements, changes and developments in the commercial exhibition industry, the failure to convert theatre system backlog into revenue, new business initiatives, investments and operations in foreign jurisdictions, foreign currency fluctuations and the Company's prior restatements and the related litigation and investigation by the SEC and the ongoing inquiry by the OSC.  These factors and other risks and uncertainties are discussed in the Company's most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.

CONTACT: Entertainment Media:
         IMAX Corporation - Santa Monica
         Christine Tasto
         310-255-5547
         ctasto@imax.com
         
         Principal Communications Group, Los Angeles
         Melissa Zuckerman/Paul Pflug
         323-658-1555
         melissa@pcommgroup.com
         paul@pcommgroup.com
         
         Investors:
         IMAX Corporation - New York
         Heather Anthony
         212-821-0121
         hanthony@imax.com
         
         Business Media:
         IMAX Corporation - Toronto
         Jackson Myers
         905-403-6414
         jmyers@imax.com
         
         Sloane & Company - New York
         Whit Clay
         212-446-1864
         wclay@sloanepr.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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