--- title: Press 2002 | IMAX publisher: "IMAX" description: "Press 2002 | IMAX" canonical: "https://www.imax.com/pr/year/2002" original_publication_date: 2023-08-31 last_updated: 2023-09-06 --- Press Releases ============== Select Year 2002 ​ Tue, Jan 8, 2002 [IMAX Corporation Announces Significant Debt Reduction](/pr/imax-corporation-announces-significant-debt-reduction) ------------------------------------------------------------------------------------------------------------------ TORONTO, Jan. 8 /PRNewswire-FirstCall/ -- IMAX Corporation (Nasdaq: IMAX; TSE:IMX) today announced that it and its wholly owned subsidiary Mitey Cinemas, Inc. have purchased an additional $42 million in face value of IMAX's 5 3/4% Convertible Subordinated Notes due April 1, 2003. Thu, Jan 10, 2002 [IT International Expands Agreement With IMAX for Two Additional Theatres](/pr/it-international-expands-agreement-imax-two-additional-theatres) ----------------------------------------------------------------------------------------------------------------------------------------------- Success of Warsaw IMAX(R) Theatre Spurs IT International to Expand Plans For IMAX Theatres in Europe TORONTO, Jan. 10 /PRNewswire-FirstCall/ -- IMAX Corporation (Nasdaq: IMAX; TSE: IMX) announced today that IT International (I.T.) has increased its commitment from its original contract for seven Mon, Jan 14, 2002 [IMAX(R) Theatre Network Begins Strong Year at Box Office With Disney's 'Beauty and the Beast'](/pr/imaxr-theatre-network-begins-strong-year-box-office-disneys) ---------------------------------------------------------------------------------------------------------------------------------------------------------------- TORONTO, Jan. 14 /PRNewswire-FirstCall/-- The Walt Disney Company's "Beauty and the Beast" is performing at near-record box office levels across the IMAX(R) theatre network, including IMAX Corporation's owned and operated locations. Playing on 67 screens in the U.S. Tue, Jan 22, 2002 [IMAX Signs Agreement with Smithsonian for a Third IMAX(R) System and a System Upgrade](/pr/imax-signs-agreement-smithsonian-third-imaxr-system-and-system) ----------------------------------------------------------------------------------------------------------------------------------------------------------- TORONTO, Jan. 22 /PRNewswire/ -- IMAX Corporation (Nasdaq: IMAX; TSE: IMX) announced today that the Smithsonian Institution has expanded its commitment to The IMAX Experience(R), adding a third IMAX theatre to be located at the new Air and Space Museum's Steven F. Tue, Jan 29, 2002 [First Ever IMAX(R) 3D Space Film 'SPACE STATION' to Premiere at Smithsonian's National Air and Space Museum](/pr/first-ever-imaxr-3d-space-film-space-station-premiere) ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ TORONTO, Jan 29, 2002 /PRNewswire-FirstCall via COMTEX/ -- Lockheed Martin and IMAX Corporation will host the world premiere of IMAX Corporation's (Nasdaq: IMAX; TSE: IMX) first 3D space film, "SPACE STATION," on April 17th at the Smithsonian Institution's National Air and Space Museum in Tue, Feb 19, 2002 [Regal Cinemas Signs Agreement With IMAX To Keep Its Six IMAX(R) Theatres In Operation](/pr/regal-cinemas-signs-agreement-imax-keep-its-six-imaxr-theatres) ----------------------------------------------------------------------------------------------------------------------------------------------------------- TORONTO, Feb 19, 2002 /PRNewswire-FirstCall via COMTEX/ -- Regal and IMAX Settle All Outstanding Claims IMAX Corporation (Nasdaq: IMAX; TSE: IMX) announced today that it had completed an agreement with Regal Cinemas to keep Regal's six IMAX(R) theatres open and operating. Thu, Feb 21, 2002 [IMAX Signs Exclusive Five-Year Agreement With Technicolor Resulting In Cost Savings for IMAX(R) Theatres](/pr/imax-signs-exclusive-five-year-agreement-technicolor-resulting) ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ TORONTO, Feb. 21 /PRNewswire-FirstCall/ -- IMAX Corporation (Nasdaq: IMAX - news ; Toronto : IMX - news ) today announced that it has reached an exclusive five-year service agreement with Technicolor, a Thomson multimedia business (Paris Euroclear: 18453; NYSE: TMS) which will enable IMAX® theatres Fri, Mar 1, 2002 [IMAX Corporation Reports Fourth Quarter and Year End Results](/pr/imax-corporation-reports-fourth-quarter-and-year-end-results-0) ---------------------------------------------------------------------------------------------------------------------------------- TORONTO, March 1 /PRNewswire-FirstCall/ -- IMAX Corporation (Nasdaq: IMAX - news ; TSE: IMX - news ) today reported its results for the fourth quarter and fiscal year ended December 31, 2001. The Company reported earnings, after extraordinary and unusual items, of $0.63 per share for the fourth Thu, Mar 21, 2002 [Revolutionary IMAX(R) DMR(TM) Transforms Hollywood Movies Into the IMAX Experience(R)](/pr/revolutionary-imaxr-dmrtm-transforms-hollywood-movies-imax) ------------------------------------------------------------------------------------------------------------------------------------------------------- TORONTO, Mar 21, 2002 /PRNewswire-FirstCall via COMTEX/ -- Universal Pictures' and Imagine Entertainment's APOLLO 13 First 35mm Live Action Film to Be Digitally Re-mastered into IMAX's 15/70 Format Corporation (Nasdaq: IMAX; TSE: IMX) today announced that it has developed revolutionary technology Thu, Mar 21, 2002 [IMAX, Universal Pictures and Imagine Entertainment to Make Motion Picture History With Release of 'Apollo 13:The IMAX Experience(R)' This Summer](/pr/imax-universal-pictures-and-imagine-entertainment-make-motion) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- LOS ANGELES, Mar 21, 2002 /PRNewswire-FirstCall via COMTEX/ -- 1995 Brian Grazer Production, Directed by Ron Howard and Starring Tom Hanks is First Ever Live Action 35mm Film to Be Digitally Re-mastered Into 15/70 Using New, Proprietary IMAX(R) DMR(TM) Technology Universal Pictures, Imagine Tue, Apr 16, 2002 [SPACE STATION Breaks Record for Highest Number of Pre-Leases in IMAX's History](/pr/space-station-breaks-record-highest-number-pre-leases-imaxs) ------------------------------------------------------------------------------------------------------------------------------------------------- WASHINGTON, April 16 /PRNewswire-FirstCall/ -- Astronauts, Academy Award® nominee Tom Cruise, U.S. Members of Congress, Lockheed Martin executives, NASA Administrator Sean O'Keefe, IMAX filmmakers and other special guests will walk down the red carpet at the National Air and Space Museum on Thu, May 9, 2002 [IMAX Corporation Reports First Quarter Results](/pr/imax-corporation-reports-first-quarter-results-2) ------------------------------------------------------------------------------------------------------ TORONTO, May 9, 2002 /PRNewswire-FirstCall via COMTEX/ -- HIGHLIGHTS \* IMAX reports first quarter net earnings of $0.32 per share and earnings from continuing operations of $0.06 per share, and remains on track for a return to profitability in 2002 \* New IMAX(R) DMR(TM) technology will bring Wed, May 29, 2002 [IMAX's New 3D SPACE STATION Film Reaches New Heights; Film is Fastest IMAX-Distributed Film to Hit $5 Million Mark](/pr/imaxs-new-3d-space-station-film-reaches-new-heights-film-fastest) ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ LOS ANGELES, May 29, 2002 /PRNewswire-FirstCall via COMTEX/ -- SPACE STATION Voted Best New Large-Format Film by Prominent Industry Group SPACE STATION, the first-ever IMAX(R) 3D space film, has reached new heights as it continues to launch at IMAX(R) theatres around the globe. Wed, Jun 26, 2002 [IMAX(R) Launches in the People's Republic of China](/pr/imaxr-launches-peoples-republic-china) ----------------------------------------------------------------------------------------------- SHANGHAI, China, Jun 26, 2002 /PRNewsire-FirstCall via Comtex/ -- IMAX Makes Its China Debut at the Shanghai Science & Technology Museum IMAX Corporation (Nasdaq: IMAX; TSX: IMX), officially launched its world-leading cinematic technology today in the People's Republic of China, with the formation Wed, Jul 17, 2002 [IMAX Wins Dismissal of European Complaint](/pr/imax-wins-dismissal-european-complaint) --------------------------------------------------------------------------------------- TORONTO, Jul 17, 2002 /PRNewswire-FirstCall via COMTEX/ -- European Commission Rejects All Counts of Euromax Lawsuit IMAX Corporation (Nasdaq: IMAX; TSX: IMX) today announced that the complaint brought against IMAX by Euromax, an association of European theatres, has been dismissed by the European Tue, Aug 6, 2002 [IMAX Retains CAA to Advance Plans to Re-Master Hollywood Films](/pr/imax-retains-caa-advance-plans-re-master-hollywood-films) ------------------------------------------------------------------------------------------------------------------------------ LOS ANGELES, Aug 6, 2002 /PRNewswire-FirstCall via COMTEX/ -- CAA to Represent IMAX Corporation in Efforts to Transform Hollywood Event Films into The IMAX Experience(R) Advancing its plans to bring major Hollywood films to IMAX(R) theatres, IMAX Corporation (Nasdaq: IMAX; TSX: IMX), the world Wed, Aug 7, 2002 [IMAX Corporation Reports Second Quarter Results](/pr/imax-corporation-reports-second-quarter-results-1) -------------------------------------------------------------------------------------------------------- TORONTO, Aug 7, 2002 /PRNewswire-FirstCall via COMTEX/ -- HIGHLIGHTS \* IMAX reports second quarter net earnings of $0.09 per share versus losses of $0.37 per share in the second quarter of 2001 \* Company remains on track for a return to profitability for full year 2002 \* IMAX(R) DMR(TM) to premiere Thu, Aug 22, 2002 [Wasserstein & Co Extends Term of Fund Controlling Wasserstein's Ten Million Shares of IMAX Corporation Common Stock](/pr/wasserstein-co-extends-term-fund-controlling-wassersteins-ten) ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- TORONTO, Aug 22, 2002 /PRNewswire-FirstCall via COMTEX/ -- IMAX Corporation (Nasdaq: IMAX; TSX: IMX) today announced that it has been notified by Wasserstein & Co. LP, which through affiliates controls investment partnerships comprising IMAX's largest shareholder, that the term of such partnerships Wed, Sep 4, 2002 [IMAX's Space Station Blasts Past $25 Million](/pr/imaxs-space-station-blasts-past-25-million) ---------------------------------------------------------------------------------------------- LOS ANGELES, Sep 4, 2002 /PRNewswire-FirstCall via COMTEX/ -- Space Film Reaches Key Milestone Faster Than Any IMAX(R) 3D Film Earning $27,000,000 at the Box Office in Just 19 Weeks of Release SPACE STATION, the first-ever IMAX(R)3D space film, continues to reach new heights, recently becoming the Wed, Sep 4, 2002 [IMAX Signs Agreement to Build First IMAX(R) Theatre in Russia IMAX Theatre System to Open in Moscow in 2003](/pr/imax-signs-agreement-build-first-imaxr-theatre-russia-imax) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- TORONTO, Canada, Sep 4, 2002 /PRNewswire-FirstCall via COMTEX/ -- IMAX Corporation (Nasdaq: IMAX; TSX:IMX), the world leader in large format entertainment technology and cinematic experience, today announced that it has signed an agreement with BFC Media Limited for a state-of-the-art IMAX(R) Mon, Sep 9, 2002 ['Star Wars(R): Episode II Attack of the Clones' Coming to IMAX(R) Theatres This Holiday Season For A Limited Release](/pr/star-warsr-episode-ii-attack-clones-coming-imaxr-theatres) ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- LOS ANGELES, Sep 9, 2002 /PRNewswire-FirstCall via COMTEX/ -- Digitally Re-mastered From Its Digital Source Using IMAX(R) DMR(TM) Technology The World's Smallest Action Hero Comes to the World's Largest Screens; 'Size Matters Not' -- Except On An IMAX Screen IMAX Corporation (Nasdaq: IMAX; TSE: Mon, Oct 7, 2002 [IMAX's SPACE STATION Wins Top GSTA Awards Including Best Film at Large-Format Industry's Premiere Conference](/pr/imaxs-space-station-wins-top-gsta-awards-including-best-film) -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- TORONTO, Oct 7, 2002 /PRNewswire-FirstCall via COMTEX/ -- Late IMAX Co-Founder William C. Shaw Receives Highest Honor; IMAX Corporation's THE DREAM IS ALIVE Inducted Into IMAX(R) Hall of Fame IMAX Corporation (Nasdaq: IMAX; TSE: IMX) received major accolades from the large-format industry last Wed, Oct 16, 2002 [IMAX Launches In South America With Four New Theatre Signings; IMAX Continues International Expansion Progress](/pr/imax-launches-south-america-four-new-theatre-signings-imax) -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- TORONTO, Oct 16, 2002 /PRNewswire-FirstCall via COMTEX/ -- IMAX Corporation (Nasdaq: IMAX; TSX: IMX), the world leader in large format entertainment technology, announced today its launch into South America, signing agreements for a total of four IMAX(R) theatres to be located in Chile and Ecuador. Tue, Oct 22, 2002 [IMAX to Launch Worldwide Release of Its First-Ever 3D Animated Holiday Feature Film SANTA VS. THE SNOWMAN 3D](/pr/imax-launch-worldwide-release-its-first-ever-3d-animated-holiday) ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ LOS ANGELES, Oct 22, 2002 /PRNewswire-FirstCall via COMTEX/ -- Steve Oedekerk (Jimmy Neutron, The Nutty Professor) and O Entertainment Take 3D Animation to a Whole New Level with a Hilarious Holiday Classic Using IMAX 3D Technology Opening nationally and internationally at IMAX(R) theaters on Wed, Oct 30, 2002 [IMAX Signs Exclusive Agreement with Regal Entertainment Group To Install IMAX Theatre Systems in Five Locations](/pr/imax-signs-exclusive-agreement-regal-entertainment-group-install) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- TORONTO, Oct 30, 2002 /PRNewswire-FirstCall via COMTEX/ -- Significant Boost to IMAX Commercial Theatre Strategy All Claims Relating to Edwards Theatres Bankruptcy Resolved IMAX Corporation (Nasdaq: IMAX; TSE: IMX) announced today that it signed an agreement with Regal Entertainment Group (Regal) Tue, Nov 5, 2002 [IMAX Corporation Reports Third Quarter Results](/pr/imax-corporation-reports-third-quarter-results-1) ------------------------------------------------------------------------------------------------------ TORONTO, Nov 5, 2002 /PRNewswire-FirstCall via COMTEX/ -- Highlights -- IMAX(R) DMR(TM) strategy validated as Star Wars(R): Episode II Attack of The Clones - The IMAX Experience posts impressive $1.4 million at box office on only 58 screens in its debut weekend. Fri, Dec 6, 2002 [IMAX and Playtone to Spearhead Groundbreaking New IMAX(R) 3D Project, Magnificent Desolation](/pr/imax-and-playtone-spearhead-groundbreaking-new-imaxr-3d-project) ------------------------------------------------------------------------------------------------------------------------------------------------------------------- IMAX's Newest Space Film to Celebrate Men Who Have Walked on the Moon TORONTO, Dec. 6 /PRNewswire-FirstCall/ -- In the history of mankind, only 12 men have stepped on the surface of the moon ... Magnificent Desolation is their story. IMAX Corporation (Nasdaq: IMAX; TSE: IMX), in association with