Under the Sea 3D Catches a Second Wave in IMAX(R) Theatres

Critically Acclaimed IMAX(R) 3D Co-Production From Warner Bros. Pictures and IMAX Corporation Returns for a Special Limited Time Engagement

New York, New York, UNITED STATES

LOS ANGELES, Aug. 7, 2009 (GLOBE NEWSWIRE) -- Warner Bros. Pictures and IMAX Corporation (Nasdaq:IMAX) (TSX:IMX) today announced that Under the Sea 3D, narrated by Jim Carrey, will return to select IMAX(R) theatres for a special limited time engagement beginning Wednesday, August 19th. Last February, Under the Sea 3D opened to strong reviews in 49 IMAX theatres domestically and three locations internationally and has since grossed more than $15 million in worldwide box office.

Under the Sea 3D offers a uniquely inspirational and entertaining way to explore the ocean wilderness. Moviegoers will be able to experience face-to-face encounters with some of the most mysterious and stunning creatures of the sea. In IMAX(R) 3D, the images literally leap off the screen and float around the theatre, putting the audience IN the movie.

Under the Sea 3D follows the 2006 box office hit Deep Sea 3D, which has surpassed $80 million in worldwide box office receipts. Deep Sea 3D continues to draw audiences after 150 weeks in release, demonstrating the strong legs and significant appeal for which original IMAX 3D productions are often known.

"We are delighted to offer more audiences in more places the opportunity to experience this breathtakingly beautiful and inspiring original IMAX 3D underwater adventure from the talented filmmakers behind Deep Sea 3D," said Dan Fellman, President of Domestic Distribution, Warner Bros. Pictures.

"Under the Sea 3D is a must-see for audiences of all ages. This is a shining example of what IMAX and this esteemed filmmaking team does best. We're thrilled that more moviegoers can now take the plunge and experience up-close some of the most extraordinary marine creatures ever filmed -- all in amazing IMAX 3D," said Greg Foster, Chairman and President, IMAX Filmed Entertainment.

Under the Sea 3D was filmed in IMAX 3D by award-winning Director/Cinematographer Howard Hall, produced by Toni Myers, executive produced by Graeme Ferguson, and produced for Howard Hall Productions by Michele Hall. In addition to Under the Sea 3D and Deep Sea 3D, Hall, Ferguson and Myers were all part of the accomplished filmmaking team behind IMAX's first underwater 3D adventure, Into The Deep, which has grossed more than $70 million since its 1991 release.

Under the Sea 3D is scheduled to play at the following IMAX theatres beginning August 19th.

 Mesa - Gateway 12 IMAX
 Phoenix - AMC Deer Valley 30 with IMAX

 Aliso Viejo - Edwards Aliso Viejo Stadium 20 & IMAX
 Arcadia - AMC Santa Anita 16 & IMAX
 Burbank - AMC Burbank 16 & IMAX
 Camarillo - Edwards Camarillo Palace Stadium 12 & IMAX
 El Dorado Hills - Regal Cinemas El Dorado Hills Stadium 14 & IMAX
 Emeryville - AMC Bay Street 16 & IMAX
 Fairfield - Edwards Fairfield Stadium 16 & IMAX
 Long Beach - Edwards Long Beach 26 & IMAX
 Los Angeles - AMC Century City 15 & IMAX
 Rowland Heights - AMC Puente Hills 20 & IMAX
 San Diego - AMC Palm Promenade 24 & IMAX
 Santa Clara - AMC Mercado 20  & IMAX
 Simi Valley - Regal Civic Center Plaza 16 & IMAX
 South Gate - Edwards South Gate Stadium 20 & IMAX
 Stockton - Regal City Centre Stadium 16 & IMAX
 Torrance - AMC Del Amo 18 & IMAX
 Woodland Hills - AMC Promenade 16 & IMAX

 Highlands Ranch - AMC Highlands Ranch 24 & IMAX
 Westminster - AMC Orchard 12 & IMAX
 Westminster - AMC Westminster Promenade 24 & IMAX

 Altamonte Springs - AMC Altamonte Mall 18 & IMAX
 Fort Myers - Regal Gulf Coast Town Center Stadium 16 & IMAX
 Orange Park - AMC Orange Park 24 & IMAX
 Orlando - Regal Waterford Lakes Stadium 20 & IMAX
 South Miami - AMC Sunset Place 24 & IMAX

 Augusta - Regal Augusta Exchange Stadium 20 & IMAX
 Kennesaw - AMC Barrett Commons 24 & IMAX
 Morrow - AMC Southlake Pavilion 24 & IMAX

 Honolulu - Regal Dole Cannery 18 & IMAX

 South Barrington - AMC Barrington 30 & IMAX

 Indianapolis - Kerasotes ShowPlace 16 & IMAX

 Olathe - AMC Studio 30 & IMAX

 Harahan - AMC Elmwood Palace 20 & IMAX

 Saco - Cinemagic & IMAX in Saco

 Baltimore - AMC Loews White Marsh 16 & IMAX
 Columbia - AMC Columbia 14 & IMAX

 Danvers - AMC Liberty Tree Mall 20 & IMAX
 Methuen - AMC Methuen 20 & IMAX

 Sterling Heights - AMC Forum 30 & IMAX

 Roseville - AMC Rosedale 14 & IMAX

 Independence - AMC Independence Commons 20 & IMAX
 Kansas City - AMC BarryWoods 24 & IMAX

 Henderson - Regal Sunset Station Stadium 13 & IMAX
 Las Vegas - Regal Red Rock Stadium 16 & IMAX
 North Las Vegas - Regal Aliante Stadium 16 & IMAX

 New Hampshire
 Hooksett - Cinemagic & IMAX in Hooksett

 New Jersey
 Hamilton - AMC Hamilton 24 & IMAX

 New York
 Albany - Regal Crossgates Mall 18 & IMAX
 Brooklyn - UA Sheepshead Bay Stadium 14 & IMAX
 Deer Park - Regal Deer Park Stadium 16 & IMAX
 New York City - AMC Empire 25 & IMAX
 New York City - AMC Loews 34th Street 14 & IMAX
 Stony Brook - AMC Stony Brook 17 & IMAX

 Columbus - AMC Easton Town Center 30 & IMAX

 Bensalem - AMC Neshaminy 24 & IMAX
 Homestead - AMC Waterfront 22 & IMAX
 Reading - RC Reading Movies 11 + IMAX

 Knoxville - Regal Pinnacle Stadium 18 at Turkey Creek

 Frisco - AMC Stonebriar Mall 24& IMAX
 Garland - AMC Firewheel 18 & IMAX
 Mesquite - AMC Mesquite 30 & IMAX

 Alexandria - AMC Hoffman Center 22 & IMAX
 Midlothian - Regal Commonwealth 20 & IMAX
 Woodbridge - AMC Potomac Mills 18 & IMAX

 Bellevue - Lincoln Square Cinemas IMAX Theatre
 Kent - AMC Kent Station & IMAX
 Lacey - Regal Martin Village Stadium 16 & IMAX
 Seattle - Regal Thornton Place Stadium 14 & IMAX
 Tukwila - AMC Southcenter 16 & IMAX

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(R) 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, 2009, there were 394 IMAX theatres (273 commercial, 121 institutional) operating in 44 countries.

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

The IMAX Corporation company 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, investments and operations in foreign jurisdictions, foreign currency fluctuations and the Company's prior restatements and the related litigation and ongoing inquiries by the SEC and 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.


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