Eagle Eye Opens In IMAX(R) theatres September 26, 2008

Eagle Eye Opens In IMAX(R) theatres September 26, 2008

DreamWorks' Action/Thriller Has Been Digitally Re-Mastered for IMAX's Format

LOS ANGELES, Sept. 22 /PRNewswire-FirstCall/ -- IMAX Corporation (NASDAQ: IMAX; TSX: IMX), and DreamWorks Pictures today announced that the new action thriller, Eagle Eye, will open domestically on September 26, 2008 in 84 IMAX(R) theatres, including 14 new IMAX digital theatres, in conjunction with the film's nationwide release. The film will also open in 13 IMAX theatres internationally throughout the coming weeks starting on September 25th.

Eagle Eye has been digitally re-mastered into the unparalleled image and sound quality of The IMAX Experience(R) with proprietary IMAX DMR(R) (Digital Re-mastering) technology.

Eagle Eye is a race-against-time thriller starring Shia LaBeouf, Michelle Monaghan, Rosario Dawson, Anthony Mackie and Billy Bob Thornton. Jerry Shaw (LaBeouf) and Rachel Holloman (Monaghan) are two strangers thrown together by a mysterious phone call from a woman they have never met. Threatening their lives and family, she pushes Jerry and Rachel into a series of increasingly dangerous situations - using the technology of everyday life to track and control their every move. As the situation escalates, these two ordinary people become the country's most wanted fugitives, who must work together to discover what is really happening - and more importantly, why.

"The opening of Eagle Eye marks first day and date release in both IMAX and IMAX digital theatres," said IMAX Co-Chairmen and Co-CEOs Richard L. Gelfond and Bradley J. Wechsler. "Our new IMAX digital theatre system is fueling the growth of the IMAX network, which is giving more people the opportunity to experience movies such as Eagle Eye in the most immersive way."

"The continuous and exciting action in Eagle Eye will give audiences a thrill ride when they experience it in IMAX," added Greg Foster, Chairman and President of IMAX Filmed Entertainment. "We are pleased to work with DreamWorks Pictures and Paramount Pictures once again to transport audiences into an unforgettable immersive cinematic adventure."

DreamWorks Pictures Presents A Kurtzman/Orci Production A D.J. Caruso Film "Eagle Eye" starring Shia LaBeouf, Michelle Monaghan, Rosario Dawson, Michael Chiklis, Anthony Mackie and Billy Bob Thornton. The film is directed by D. J. Caruso. Story by Dan McDermott. Screenplay by John Glenn & Travis Adam Wright and Hillary Seitz and Dan McDermott. The film is produced by Alex Kurtzman, Roberto Orci and Patrick Crowley. The executive producers are Steven Spielberg and Edward L. McDonnell. The director of photography is Dariusz Wolski, ASC. The production designer is Tom Sanders. The film is edited by Jim Page. The costume designer is Marie-Sylvie Deveau. The visual effects supervisor is Jim Rygiel. The music is by Brian Tyler. This film has been rated PG-13 for intense sequences of action and violence and for language.

   Eagle Eye: The IMAX Experience is scheduled to play day-and-date at the   following IMAX(R) Theatres beginning September 26th.    UNITED STATES    Arizona   Mesa - Gateway 12 IMAX Theatre   Phoenix - AMC Deer Valley 30 with IMAX    Arkansas   Little Rock - Promenade at Chenal    California   Anaheim - The Movie Experience at Anaheim Gardenwalk   Burbank - Burbank 16 & IMAX*   Dublin - Regal Hacienda Crossings IMAX   Emeryville - Bay Street 16 & IMAX *   Fresno - Fresno Stadium Cinema & IMAX   Irvine - Edwards Irvine Spectrum IMAX   Los Angeles - Century City 15 & IMAX *   Los Angeles - Universal CityWalk IMAX Theatre   Los Angeles - IMAX Theatre at The Bridge: cinema de lux   Ontario - Edwards Ontario Palace IMAX   Sacramento - Edwards Fairfield Stadium & IMAX *   Sacramento - Regal Cinemas El Dorado Hills & IMAX *   San Diego - San Diego IMAX at Mira Mesa 18   San Jose - Eastridge Mall 15 & IMAX *   San Francisco - AMC Loews IMAX Theatre at Metreon   Santa Clara - Mercado 20 & IMAX *   Stockton - Regal City Centre Stadium 16 & IMAX *    Colorado   Colorado Springs - Cinemark IMAX Theatre at Cinemark Carefree Circle   Denver - UA Colorado Center IMAX    Connecticut   Manchester - IMAX Theatre at Showcase Cinemas Buckland Hills    Florida   Altamonte Springs - Altamonte Mall 18 & IMAX   Aventura - Aventura Mall 24 & IMAX   Jacksonville - Regency 24 & IMAX   Orange Park - Orange Park 24 & IMAX   Orlando - Pointe Orlando 20 & IMAX   Tampa - Channelside Cinemas IMAX   Tampa - Veterans 24 & IMAX   West Palm Beach - Parisian 20 & IMAX    Georgia   Buford - Regal Mall of Georgia IMAX    Idaho   Boise - Edwards Boise Stadium IMAX    Illinois   Batavia - Randall 15 IMAX   Chicago - Navy Pier IMAX Theatre   Lincolnshire - Regal Lincolnshire IMAX   Woodridge - Cinemark IMAX Theatre at Seven Bridges    Indiana   Indianapolis - ShowPlace 16 IMAX Theatre   Noblesville - Hamilton Towne Center 16 + IMAX   Portage - Portage 16 IMAX    Iowa   Council Bluffs - Star Cinemas Council Bluffs    Kansas   Olathe - IMAX Theatre at AMC Studio 30    Maryland   Baltimore - White Marsh 16 & IMAX   Columbia - Columbia 14 & IMAX    Massachusetts   Natick - Verizon IMAX 3D Theater at Jordan's Furniture - Natick   Reading - Verizon IMAX 3D Theater at Jordan's Furniture - Reading    Michigan   Grand Blanc - NGC Trillium IMAX Theatre   Grand Rapids - IMAX Theatre at Celebration! Cinema   Lansing - IMAX Theatre at Celebration! Cinema   Sterling Heights - IMAX Theatre at AMC Forum 30    Minnesota   Apple Valley - Great Clips IMAX Theatre    Missouri   Kansas City - Barrywoods 24 & IMAX   St. Louis - Ronnies 20 Cine IMAX    Nevada   Las Vegas - Brenden Theatres and IMAX at the Palms Casino Resort   Las Vegas - Red Rock Stadium 16 & IMAX    New Hampshire   Hooksett - Cinemagic IMAX Theatre    New Jersey   Atlantic City - IMAX Theatre at Tropicana Casino   Cherry Hill - Cherry Hill 24 & IMAX   Hamilton - Hamilton 24 & IMAX    New York   Brooklyn - UA Sheepshead Bay Stadium 14 & IMAX *   Deer Park - Regal Deer Park & IMAX *   New Rochelle - Regal New Roc City IMAX   New York City - AMC Loews IMAX Theatre, Lincoln Square   New York City - Empire 25 & IMAX   West Nyack - IMAX Theatre at Palisades Center   White Plains - IMAX Theatre at City Center: Cinema de lux    Ohio   Cincinnati - Cinema De Lux 18: Springdale IMAX Theatre   Columbus - IMAX Theatre at AMC Easton Town Center 30    Oklahoma   Tulsa - Cinemark IMAX Theatre at The Tulsa    Oregon   Tigard - Portland IMAX at Bridgeport Village Stadium 18    Pennsylvania   Bensalem - Neshaminy 24 & IMAX   King of Prussia - UA King of Prussia IMAX   Reading - RC Reading 11 & IMAX   Tarentum - Cinemark IMAX Theatre at the Galleria Pittsburgh Mills    Rhode Island   Providence - National Amusements IMAX Theatre Providence Place    Tennessee   Knoxville - Pinnacle 18 Complex at Turkey Creek & IMAX   Nashville - Regal Opry Mills IMAX    Texas   Colleyville - Metro Cinema of Colleyville IMAX Theatre   Dallas - Cinemark IMAX Theatre at Cinemark 17   Houston - Gulf Pointe 30 & IMAX*   Houston - Edwards Marq*E IMAX   Houston - Silverado Station 18 IMAX   San Antonio - Palladium IMAX Theatre   Sugar Land - First Colony 24 & IMAX *    Utah   Sandy - Megaplex 17 IMAX at Jordan Commons    Virginia   Alexandria - Hoffman 22 & IMAX   Woodbridge - Potomac Mills 18 & IMAX    Wisconsin   Fitchburg - Star Cinema IMAX    CANADA    Alberta   Calgary - Scotiabank Theatre Chinook   Edmonton - Scotiabank Theatre West Edmonton Mall    British Columbia   Richmond - Cineplex IMAX Theatre, SilverCity Riverport    Ontario   Mississauga - Cineplex IMAX Theatre, Coliseum Mississauga   Ottawa - Cineplex Entertainment IMAX Theatre, SilverCity Gloucester IMAX   Theatre   Toronto - Cineplex IMAX Theatre, Scotiabank Theatre Toronto   Woodbridge - Cineplex Entertainment IMAX Theatre, Colossus Woodbridge    Quebec   Montreal - Cineplex Entertainment IMAX Theatre, Scotiabank Theatre   Montreal    INTERNATIONAL    Argentina   Buenos Aires - IMAX Center Norte    Ecuador   Guayaquil - Fundacion Malecon 2000    Hong Kong   Kowloon - UA MegaBox IMAX Theatre    Korea   Ilsan - CGV Ilsan   Seoul - CGV Yongsan    Netherlands   Amsterdam - Pathe Arena    New Zealand   Auckland - SKYCITY IMAX Theatre Queen Street    Taiwan   Taipei - Samsung IMAX Miramar Cinemas    Thailand   Bangkok - KrungSri IMAX Siam Paragon    UK   Birmingham - IMAX Theatre at Millennium Point   Bradford - IMAX National Media Museum   London - BFI London IMAX Cinema   Manchester - ODEON IMAX Cinema Manchester @ The Printworks    *denotes later launch   

Additional theatres will be confirmed. Please check local listings or IMAX.com for final theatre listings, launch dates and showtimes.

About IMAX Corporation

IMAX Corporation is one of the world's leading entertainment technology companies, specializing in digital and film-based motion picture technologies. The worldwide IMAX network is among the most important and successful theatrical distribution platforms for major event Hollywood films around the globe, with IMAX theatres delivering the world's best cinematic presentations using proprietary IMAX, IMAX(R) 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(R). IMAX's renowned projectors display crystal-clear images on the world's biggest screens, and the IMAX brand is recognized throughout the world for extraordinary and immersive entertainment experiences for consumers. As of June 30, 2008, there were 302 IMAX theatres operating in 40 countries.

IMAX(R), IMAX(R) 3D, IMAX DMR(R), IMAX(R) MPX(R), and The IMAX Experience(R) are trademarks of IMAX Corporation. More information on the Company can be found at www.imax.com.

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 ongoing discussions with the SEC and OSC relating to their ongoing inquiries and the Company's accounting, the performance of films, the signing of theatre system agreements, the viability of new technologies, businesses and products, the timing of theatre system deliveries, the mix of theatre systems shipped, the timing of the recognition of revenues and expenses on film production and distribution agreements, risks arising from potential material weaknesses in internal control over financial reporting and fluctuations in foreign currency and in the large format, general commercial exhibition and out-of-home entertainment markets. 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.

First Call Analyst:
FCMN Contact:

Source: IMAX Corporation

CONTACT: Media: IMAX Corporation, New York, Sarah Gormley, (212)
821-0155, sgormley@imax.com; Entertainment Media: Rogers & Cowan, Los Angeles,
Elliot Fischoff, Jason Magner, (310) 854-8128, jmagner@rogersandcowan.com;
Investors: IMAX Corporation, New York, Heather Anthony, (212) 821-0121,
hanthony@imax.com; Business Media: Sloane & Company, New York, Whit Clay,
(212) 446-1864, wclay@sloanepr.com

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Profile: International Entertainment