Upcoming IMAX(R) 3D Film To Be Presented and Narrated by Tom Hanks, Feature Hollywood's "A-List" and Transports Audiences to the Moon's Surface

LOS ANGELES, Aug 30, 2005 /PRNewswire-FirstCall via COMTEX/ -- Reflecting IMAX Corporation's (NASDAQ: IMAX; TSX: IMX) commitment to offer the most entertaining and educational original programming, Magnificent Desolation: Walking on the Moon 3D, a Playtone/IMAX production, presented and narrated by Tom Hanks, will feature an all-star voice cast of top Hollywood talent, including Paul Newman, Matt Damon, Matthew McConaughey, Morgan Freeman, John Travolta, Gary Sinise and Bill Paxton. A who's who of today's actors will lend their voices to the upcoming IMAX(R) 3D space film, which opens exclusively in IMAX(R) theatres starting September 23, 2005.

Through the magic of IMAX 3D, Magnificent Desolation: Walking on the Moon 3D takes audiences to the lunar surface to walk alongside the 12 extraordinary astronauts who have been there - to experience what they saw, heard, felt, thought and did. The film features previously unreleased NASA footage, CGI imaging and live-action renditions of the lunar landscape and will propel audiences nearly a quarter-million miles above the Earth's surface.

"We are delighted to be working with Tom Hanks, Playtone, a stellar lineup of all-star actors and our great partners NASA and Lockheed Martin to offer the most realistic extra-terrestrial experience possible on planet Earth," said Greg Foster, Chairman and President of IMAX Filmed Entertainment. "By combining IMAX 3D, Hollywood's best talent and the top minds of space exploration, this film will offer audiences of all ages an out-of-this-world experience that is both entertaining and educational."

In addition to the actual voice transmissions from the Apollo astronauts and Tom Hanks' narration, the following celebrity voices are featured in the film: John Corbett, Bryan Cranston, Matt Damon, Morgan Freeman, Scott Glenn, Rick Gomez, Frank John Hughes, Tim Matheson, Matthew McConaughey, Paul Newman, Neal McDonough, Bill Paxton, Barry Pepper, Kevin Pollak, Peter Scolari, Gary Sinise, John Travolta, Donnie Wahlberg and Rita Wilson.

Sponsored by Lockheed Martin, in cooperation with the National Aeronautics and Space Administration, Tom Hanks presents a Playtone/IMAX Production: Magnificent Desolation: Walking on the Moon 3D. The director of photography is Sean MacLeod Phillips. The production designer is Charles Lee. The music is by James Newton Howard. It is edited by William Schinski and written by Tom Hanks, Mark Cowen and Christopher G. Cowen. The supervising producer is Jini Durr. The executive producers are Hugh Murray and Mark Herzog. Magnificent Desolation: Walking on the Moon 3D is produced by Tom Hanks, Gary Goetzman and Mark Cowen, and directed by Mark Cowen. www.imax.com/magnificentdesolation

SOURCE IMAX Corporation

Media: IMAX Corporation, New York, Romi Schutzer, (212) 821-0144, rschutzer@imax.com; IMAX Corporation, Los Angeles, Maggie Dunn, (310) 255-5585, mdunn@imax.com; Business Media: Sloane & Company, New York, Whit Clay, (212) 446-1864, wclay@sloanepr.com; Analysts: IMAX Corporation, New York, Cheryl Cramer, (212) 821-0121, ccramer@imax.com; Entertainment Media: Zoomwerks Communication, Los Angeles, Warren Betts, (626) 836-2080, warren@zoomwerks.com