updated 5/26/2011 7:46:53 AM ET 2011-05-26T11:46:53

TORONTO, May 26, 2011 (GLOBE NEWSWIRE) -- IMAX Corporation (NYSE:IMAX) (TSX:IMX) today announced that Carrie Lindzon-Jacobs has joined the Company as Senior Vice President, Human Resources. Reporting directly to IMAX CEO Richard L. Gelfond, Ms. Lindzon-Jacobs will lead IMAX's global human resources team, focusing on strategies and initiatives that will further the organization's objectives and drive employee engagement.

Ms. Lindzon-Jacobs has more than 10 years of experience successfully developing unique business and employee strategies, implementing human capital solutions and achieving measurable business results. Most recently, she held the senior HR leadership position at Courtyard Group, a consulting firm with offices across Canada, in the U.S. and in the U.K. During her time at Courtyard, Ms. Lindzon-Jacobs was a member of the executive team, where she led the human resources, organizational development and employee communications functions. Prior to joining Courtyard, Ms. Lindzon-Jacobs was at the Canadian Imperial Bank of Commerce (CIBC), where she spent several years of increasing HR responsibility for various lines of business.

At IMAX, Ms. Lindzon-Jacobs will lead the global human resources function from end to end. Additionally, Ms. Lindzon-Jacobs' team will provide high-quality organizational development support to IMAX leadership.

"Carrie's can-do attitude and fresh, creative thinking make her an ideal fit for IMAX at this juncture in the Company's growth," said Gelfond. "She brings excellent experience and a new perspective that will position our employees well for the future."

Ms. Lindzon-Jacobs holds an MBA from the Schulich School of Business, York University and Bachelor of Arts, York University, with a double major in labor studies and sociology. She lives in Toronto with her husband and two children.

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 theaters 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 March 31, 2011, there were 528 IMAX theatres (408 commercial, 120 institutional) operating in 46 countries.

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 ).

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

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
         Melissa Zukerman/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
         212-821-0100
         asommerlath@imax.com
         
         Sloane & Company - New York
         Whit Clay
         212-446-1864
         wclay@sloanepr.com

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