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I Am Number Four Lands in IMAX(R) Theatres This Friday

LOS ANGELES, Feb. 15, 2011 (GLOBE NEWSWIRE) -- IMAX Corporation (NYSE:IMAX) (TSX:IMX) and DreamWorks Studios announced today that the suspense thriller, I Am Number Four, from director D.J. Caruso, will be released in the immersive IMAX format on Friday, February 18. The film will open on 228 IMAX screens domestically, simultaneous with its North American wide release. I Am Number Four will also be released to at least 96 IMAX screens internationally, with nine screens opening day-and-date. Additional international playdates are expected to be confirmed in the coming days.
/ Source: GlobeNewswire

LOS ANGELES, Feb. 15, 2011 (GLOBE NEWSWIRE) -- IMAX Corporation (NYSE:IMAX) (TSX:IMX) and DreamWorks Studios announced today that the suspense thriller, I Am Number Four, from director D.J. Caruso, will be released in the immersive IMAX format on Friday, February 18. The film will open on 228 IMAX screens domestically, simultaneous with its North American wide release. I Am Number Four will also be released to at least 96 IMAX screens internationally, with nine screens opening day-and-date. Additional international playdates are expected to be confirmed in the coming days.

I Am Number Four: The IMAX Experience has been digitally re-mastered into the unparalleled image and sound quality of The IMAX Experience® through proprietary IMAX DMR® technology. The crystal-clear images, coupled with IMAX's customized theatre geometry and powerful digital audio, create a unique immersive environment that will make audiences feel as if they are in the movie.

About I Am Number Four:

Extraordinary teen John Smith (Alex Pettyfer) is a fugitive on the run from ruthless enemies sent to destroy him. Changing his identity, moving from town to town with his guardian Henri (Timothy Olyphant), John is always the new kid with no ties to his past. In the small Ohio town he now calls home, John encounters unexpected, life-changing events-his first love (Dianna Agron), powerful new abilities and a connection to the others who share his incredible destiny.

The film is directed by D.J. Caruso and produced by Michael Bay with Chris Bender, J.C. Spink and David Valdes serving as executive producers. Alfred Gough, Miles Millar and Marti Noxon wrote the screenplay, based on the book by Pittacus Lore.

This film has been rated PG-13 for intense sequences of violence and action, and for language.

Opening nationwide in theatres and IMAX, the film will be presented in 2D and distributed in domestic and select international markets by Walt Disney Studios and DreamWorks Studios.

I Am Number Four: The IMAX Experience is scheduled to play day-and-date at the following IMAX theatres beginning February 18:

Please check local listings or IMAX.com for final theatre listings, launch dates and showtimes.

** denotes earlier launch * denotes later launch

About IMAX Corporation

IMAX Corporation is one of the world's leading entertainment and technology companies, specializing in the creation and delivery of premium, awe-inspiring entertainment experiences. With a growing suite of cutting-edge motion picture and sound technologies, and a globally recognized entertainment brand, IMAX is singularly situated at the convergence of the entertainment industry, innovation and the digital media world. The industry's top filmmakers and studios are utilizing IMAX theatres to connect with audiences in extraordinary ways, and as such, the IMAX network is among the most important and successful theatrical distribution platforms for major event films around the globe. The Company's new digital projection and sound systems - combined with a growing blockbuster film slate - are fueling the rapid expansion of the IMAX network in established markets such as North America, Western Europe, and Japan, as well as emerging markets such as China and Russia. IMAX theatres deliver the world's best cinematic presentations using proprietary IMAX, IMAX® 3D, and IMAX DMR (Digital Re-Mastering) technologies. IMAX DMR enables virtually any motion picture to be transformed into the unparalleled image and sound quality of The IMAX Experience.

IMAX is headquartered in New York, Toronto and Los Angeles, with offices in London, Tokyo and Shanghai.  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

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 Rebecca Klein 310-255-5656 rklein@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 - New York Ann Sommerlath 212-821-0155 asommerlath@imax.com Sloane & Company - New York Whit Clay 212-446-1864 wclay@sloanepr.com