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Pirates of the Caribbean: On Stranger Tides Confirmed to Open in a Record-Breaking 402 IMAX(R) Theatres Globally

LOS ANGELES, May 17, 2011 (GLOBE NEWSWIRE) -- IMAX Corporation (NYSE:IMAX) (TSX:IMX) and The Walt Disney Studios announced today that the action fantasy adventure Pirates of the Caribbean: On Stranger Tides will be released in the immersive IMAX® 3D format to a record number of theatres worldwide this Friday, May 20th. This is the first film of the series to be released in IMAX and is making a considerable splash, marking the largest IMAX release ever with 257 IMAX screens domestically, simultaneous with its North American wide release. At least six supplementary theatres will launch after May 20, to be confirmed in coming days. Additionally, the movie will open day-and-date on 139 IMAX screens internationally. Advance ticket sales for the film have also been robust.
/ Source: GlobeNewswire

LOS ANGELES, May 17, 2011 (GLOBE NEWSWIRE) -- IMAX Corporation (NYSE:IMAX) (TSX:IMX) and The Walt Disney Studios announced today that the action fantasy adventure Pirates of the Caribbean: On Stranger Tides will be released in the immersive IMAX® 3D format to a record number of theatres worldwide this Friday, May 20th. This is the first film of the series to be released in IMAX and is making a considerable splash, marking the largest IMAX release ever with 257 IMAX screens domestically, simultaneous with its North American wide release. At least six supplementary theatres will launch after May 20, to be confirmed in coming days. Additionally, the movie will open day-and-date on 139 IMAX screens internationally. Advance ticket sales for the film have also been robust.

Pirates of the Caribbean: On Stranger Tides: An IMAX 3D Experience has been digitally re-mastered into the image and sound quality of The IMAX Experience® with proprietary IMAX DMR® (Digital Re-mastering) technology for presentation in IMAX 3D. 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 Pirates of the Caribbean: On Stranger Tides:

Produced by Jerry Bruckheimer and directed by Rob Marshall, "Pirates of the Caribbean: On Stranger Tides" captures the fun, adventure and humor that ignited the hit franchise—this time in Disney Digital 3D™. Johnny Depp returns to his iconic role of Captain Jack Sparrow in an action-packed adventure. Crossing paths with the enigmatic Angelica (Penelope Cruz), he's not sure if it's love—or if she's a ruthless con artist who's using him to find the fabled Fountain of Youth. When she forces him aboard the "Queen Anne's Revenge," the ship of the legendary pirate Blackbeard (Ian McShane), Jack finds himself on an unexpected adventure in which he doesn't know whom to fear more: Blackbeard or Angelica, with whom he shares a mysterious past. The international cast includes franchise vets Geoffrey Rush as the vengeful Captain Hector Barbossa and Kevin R. McNally as Captain Jack's longtime comrade Joshamee Gibbs, plus Sam Claflin as a stalwart missionary and Astrid Berges-Frisbey as a mysterious mermaid.

Walt Disney Pictures' and Jerry Bruckheimer Films' Pirates of the Caribbean: On Stranger Tides opens in theaters May 20, 2011, in Disney Digital 3D™ and IMAX 3D, with screen story and screenplay by Ted Elliott & Terry Rossio, based on characters created by Ted Elliott & Terry Rossio and Stuart Beattie and Jay Wolpert, and suggested by the novel by Tim Powers.

Pirates of the Caribbean: On Stranger Tides has been rated PG-13 for intense sequences of action/adventure violence, some frightening images, sensuality and innuendo.

Pirates of the Caribbean: On Stranger Tides An IMAX 3D Experience is scheduled to play day-and-date at the following IMAX theatres beginning May 20:

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

**notes 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 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 (), Twitter () and YouTube ().

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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 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 212-821-0155 asommerlath@imax.com Sloane & Company - New York Whit Clay 212-446-1864 wclay@sloanepr.com