Monsters vs. Aliens to Show in Nearly 200 Locations Worldwide; Growth Enabled by Rollout of IMAX's Digital Projection System

Film Posts Very Strong Early Opening in Russia and the Ukraine

LOS ANGELES, March 26 /PRNewswire-FirstCall/ - IMAX Corporation (NASDAQ:IMAX; TSX:IMX) today announced that Monsters vs. Aliens, the first 3D release from DreamWorks Animation SKG, Inc. (Nasdaq: DWA), will open simultaneously with the digital 3D and conventional 2D releases on March 27, 2009, in 143 domestic IMAX(R) theatres, a record for a first-run film. The film will also open in five IMAX theatres internationally day-and-date and another 51 IMAX international theatres in the days and weeks to follow, for a total of 199 IMAX theatres, a record for a Hollywood film. Monsters vs. Aliens is the third release of a five picture partnership between DreamWorks Animation and IMAX, and the first to be presented in IMAX(R) 3D. The film has been digitally re-mastered into the unparalleled image and sound quality of The IMAX Experience(R) with IMAX DMR(R) technology.

The film, which opened in Russia and the Ukraine last weekend, posted very strong openings at IMAX theatres in those markets, generating $235,000 from four IMAX screens in just four days for a remarkable per screen average of $58,000.

"We look forward to taking our partnership with IMAX to the next dimension as Monsters vs. Aliens - the widest 3D release ever - makes its worldwide debut in IMAX 3D, giving DreamWorks Animation audiences a uniquely immersive in-theatre experience," said Jeffrey Katzenberg, CEO of DreamWorks Animation.

"DreamWorks Animation has delivered a fun 3D adventure for the whole family, and we're very excited to have this film mark the widest IMAX opening ever," said IMAX Co-Chairmen and Co-CEOs Richard L. Gelfond and Bradley J. Wechsler. "The rapid rollout of our IMAX digital technology has expanded our footprint such that nearly 200 locations will play this movie, and we expect this number to increase by more than 100 in time for the studio's second 3D release in spring of next year."

"Monsters vs. Aliens was created and designed for 3D from the start and it looks, sounds and feels amazing in IMAX 3D," added Greg Foster, Chairman and President of IMAX Filmed Entertainment. "We're excited to have the opportunity to share this first-ever 3D experience with DreamWorks Animation and IMAX fans across the globe. DreamWorks Animation's creative spirit is uniquely well suited for IMAX 3D, and we are delighted to be a part of their 3D debut."

When California girl Susan Murphy (REESE WITHERSPOON) is unwittingly clobbered by a meteor full of outer space gunk on her wedding day, she mysteriously grows to 49-feet-11-inches tall. The military jumps into action and Susan is captured and put into a secret government compound. There, she is renamed Ginormica and held along with a ragtag group of Monsters: the brilliant but insect-headed Dr. Cockroach, Ph.D. (HUGH LAURIE); the macho half-ape, half-fish, The Missing Link (WILL ARNETT); the gelatinous and indestructible B.O.B. (SETH ROGEN); and the 350-foot grub called Insectosaurus. Their confinement is cut short, however, when a mysterious alien robot lands on Earth and begins storming the country. In a moment of desperation, The President (STEPHEN COLBERT) is persuaded to enlist the motley crew of Monsters to combat the alien robot and save the world from imminent destruction.

Monsters vs. Aliens: An IMAX 3D Experience is scheduled to play day-and-date at the following IMAX(R) Theatres beginning March 27th.


    UNITED STATES

    Arizona

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

    Arkansas

    Little Rock - Dickinson Chenal 9 IMAX Theatre

    California

    Aliso Viejo - Edwards Aliso Viejo Stadium 20 & IMAX
    Anaheim - Movie Experience CinemaFusion 14 + IMAX at Anaheim Gardenwalk
    Arcadia - AMC Santa Anita 16 & IMAX
    Burbank - AMC Burbank 16 & IMAX
    Camarillo - Edwards Camarillo Palace Stadium 12 & IMAX
    Cathedral City - Desert IMAX Theatre
    Dublin - Regal Hacienda Crossings Stadium 21 & IMAX
    El Dorado Hills - Regal Cinemas El Dorado Hills Stadium 14 & IMAX
    Emeryville - AMC Bay Street 16 & IMAX
    Escondido - Regal Escondido Stadium 16 & IMAX
    Fairfield - Edwards Fairfield Stadium 16 & IMAX
    Fresno - Edwards Fresno Stadium 22 & IMAX
    Irvine - Edwards Irvine Spectrum IMAX
    Los Angeles - AMC Century City 15 & IMAX
    Los Angeles - IMAX Theatre at The Bridge: cinema de lux
    Los Angeles - AMC Universal CityWalk Stadium 19 with IMAX
    Ontario - Edwards Ontario Palace 22 & IMAX
    Sacramento - Esquire IMAX Theatre
    San Diego - AMC Palm Promenade 24 & IMAX
    San Diego - Edwards Mira Mesa Stadium 18 & IMAX
    San Jose - AMC Eastridge Mall 15 & IMAX
    San Francisco - AMC Loews Metreon 16 with 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

    Colorado

    Colorado Springs - Cinemark Carefree Circle IMAX Theatre
    Denver - UA Colorado Center Stadium 9 & IMAX
    Westminster - AMC Orchard 12 & IMAX
    Westminster - AMC Westminster Promenade 24 & IMAX

    Connecticut

    Manchester - IMAX Theatre at Cinema de Lux Buckland Hills 18

    Florida

    Altamonte Springs - AMC Altamonte Mall 18 & IMAX
    Aventura - AMC Aventura 24 & IMAX
    Fort Lauderdale - AutoNation(R) IMAX(R) Theater at Museum of Discovery
    and Science
    Fort Myers - Regal Gulf Coast Town Center Stadium 16 & IMAX
    Jacksonville - AMC Regency 24 & IMAX
    Orange Park - AMC Orange Park 24 & IMAX
    Orlando - Regal Pointe Orlando Stadium 20 & IMAX
    Orlando - Regal Waterford Lakes Stadium 20 & IMAX
    St. Petersburg - Muvico Baywalk 20 & IMAX
    Tampa - AMC Veterans 24 & IMAX
    Tampa - Channelside Cinemas IMAX
    West Palm Beach - Muvico Parisian 20 & IMAX

    Georgia

    Augusta - Regal Augusta Exchange Stadium 20 & IMAX
    Buford - Regal Mall of Georgia Stadium 20 & IMAX
    Morrow - AMC Southlake Pavilion 24 & IMAX

    Hawaii

    Honolulu - Regal Dole Cannery 18 & IMAX

    Idaho

    Boise - Edwards Boise Stadium 22  & IMAX

    Illinois

    Batavia - Randall 15 IMAX
    Chicago - Navy Pier IMAX Theatre
    Lincolnshire - Regal Lincolnshire 20 & IMAX
    South Barrington - AMC Barrington 30 & IMAX
    Woodridge - Cinemark Seven Bridges IMAX Theatre

    Indiana

    Evansville - IMAX Theatre at Showplace Cinemas East 18
    Indianapolis - IMAX Theatre at the Indiana State Museum
    Indianapolis - Kerasotes ShowPlace 16 & IMAX
    Noblesville - Hamilton 16 IMAX
    Portage - Portage 16 IMAX

    Iowa

    Council Bluffs - Kerasotes Star Cinemas 16 & IMAX

    Kansas

    Olathe - AMC Studio 30 & IMAX

    Kentucky

    Louisville - Cinema De Lux 20: Stonybrook IMAX

    Louisiana

    Harahan - AMC Elmwood Palace 20 & IMAX

    Maryland

    Baltimore - AMC Loews White Marsh 16 & IMAX
    Columbia - AMC 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 Cinema IMAX Theatre
    Grand Rapids - Celebration! Cinema IMAX Theatre
    Lansing - Celebration! Cinema IMAX Theatre
    Sterling Heights - AMC Forum 30 & IMAX
    Ypsilanti - Showcase Cinemas Ann Arbor IMAX

    Minnesota

    Apple Valley - Great Clips IMAX Theatre

    Missouri

    Kansas City - AMC BarryWoods 24 & IMAX
    St. Louis - Wehrenberg Theatres Ronnies 20 Cine IMAX

    Nevada

    Henderson - Regal Sunset Station Stadium 13 & IMAX
    Las Vegas - Brenden Theatres and IMAX at the Palms Casino Resort
    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

    Atlantic City - Tropicana Casino and Resort IMAX Theatre
    Cherry Hill - AMC Loews Cherry Hill 24 & IMAX
    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 Rochelle - Regal New Roc City 18 & IMAX
    New York City - AMC Loews Lincoln Square 13 & IMAX
    New York City - AMC Empire 25 & IMAX
    Rochester - Cinemark IMAX Theatre at Tinseltown USA
    Stony Brook - AMC Stony Brook 17 & IMAX
    West Nyack - IMAX Theatre at Palisades Center
    White Plains - IMAX Theatre at City Center: Cinema De Lux 15
    Williamsville - Regal Transit Center 18 & IMAX

    North Carolina

    Charlotte - Regal Stonecrest At Piper Glen Stadium 22 & IMAX
    Raleigh - Wachovia IMAX Theatre at Marbles Kids Museum

    Ohio

    Columbus - AMC Easton Town Center 30 & IMAX
    Springdale - IMAX Theatre at Springdale 18: Cinema De Lux

    Oklahoma

    Tulsa - Cinemark IMAX Theatre at The Tulsa

    Oregon

    Tigard - Regal Bridgeport Village Stadium 18 & IMAX

    Pennsylvania

    Bensalem - AMC Neshaminy 24 & IMAX
    Harrisburg - Select Medical IMAX Theater at The Whitaker Center
    Homestead - AMC Waterfront 22 & IMAX
    King of Prussia - UA King of Prussia Stadium 16 & IMAX
    Reading - RC Reading Movies 11 + IMAX
    Tarentum - Cinemark IMAX Theatre at the Galleria Pittsburgh Mills

    Rhode Island

    Providence - Providence Place Cinemas 16 & IMAX

    Tennessee

    Knoxville - Regal Pinnacle Stadium 18 at Turkey Creek
    Nashville - Regal Opry Mills 20 & IMAX

    Texas

    Austin - The Bob Bullock Texas State History Museum IMAX Theatre
    Colleyville - Metro Cinema of Colleyville IMAX Theatre
    Dallas - Cinemark IMAX Theatre at Cinemark 17
    Houston - AMC Gulf Pointe 30 & IMAX
    Houston - Edwards Houston Marq*e 23 & IMAX
    Mesquite - AMC Mesquite 30 & IMAX
    San Antonio - Santikos Palladium 18 IMAX Theatre
    Sugar Land - AMC First Colony 24 & IMAX
    Tomball - Santikos Silverado Station 18 IMAX

    Utah

    Sandy - Megaplex 17 IMAX at Jordan Commons

    Virginia

    Alexandria - AMC Hoffman Center 22 & IMAX
    Hampton - Riverside IMAX Theater at the Virginia Air & Space Center
    Midlothian - Regal Commonwealth 20 & IMAX
    Virginia Beach - AMC Lynnhaven 18 & IMAX
    Woodbridge - AMC Potomac Mills 18 & IMAX

    Washington

    Bellevue - Lincoln Square Cinemas IMAX Theatre
    Lacey - Regal Martin Village Stadium 16 & IMAX
    Seattle - Pacific Science Center Boeing IMAX Theatre
    Tukwila - AMC Southcenter 16 & IMAX

    Wisconsin

    Fitchburg - Kerasotes Star 18 & IMAX


    CANADA

    Alberta

    Calgary - Cineplex Scotiabank Theatre Chinook IMAX Theatre
    Edmonton - Cineplex Scotiabank West Edmonton Mall IMAX Theatre

    British Columbia

    Langley - Cineplex Colossus Langley IMAX Theatre
    Richmond - Cineplex SilverCity Riverport IMAX Theatre

    Nova Scotia

    Halifax - Empire IMAX, Bayer's Lake

    Ontario

    Mississauga - Cineplex Coliseum Mississauga IMAX Theatre
    Ottawa - Cineplex SilverCity Gloucester IMAX Theatre
    Toronto - Cineplex Scotiabank Theatre Toronto IMAX Theatre
    Woodbridge - Cineplex Colossus Woodbridge IMAX Theatre

    Quebec

    Montreal - Cineplex Scotiabank Theatre Montreal IMAX Theatre
    Quebec City - IMAX Le Theatre


    INTERNATIONAL

    Australia

    Melbourne - Highpoint Hoyts IMAX*
    Melbourne - Melbourne IMAX*
    Perth - Carousel Hoyts IMAX*
    Sydney - Entertainment Quarter Hoyts Sydney*
    Sydney - LG IMAX Theatre Sydney*

    Argentina

    Buenos Aires - IMAX Theatre Center Norte NAM*

    Bulgaria

    Sofia - Mtel IMAX*

    Colombia

    Bogota - Centro Commercial Plaza*

    Czech Republic

    Prague - Oskar IMAX Palace Flora*

    France

    Paris - Gaumont Disney Village*

    China

    Beijing - Beijing UME Cineplex
    Beijing - Beijing Wanda Theatre
    Changsha - Changsha Wanda International Cinema
    Changchun - Wanda International Cinema Changchun
    Shanghai - Shanghai Peace IMAX

    Hong Kong

    Hong Kong - BEA IMAX Theatre*

    Hungary
    Budapest - Cinema City Arena IMAX Hungary*

    Germany

    Berlin - CineStar Potsdamer Platz*

    Korea

    Ilsan - CGV Ilsan*
    Seoul - CGV Wangsipni*
    Seoul - CGV Yongsan*

    Mexico

    Cuernavaca - Cinemex Diana*
    Guadalajara - Cinepolis Galerias*
    Mexico City - Cinepolis IMAX Theatre Perisur*
    Mexico City - Cinepolis IMAX Theatre Universidad*
    Monterrey - Cinepolis Galerias Valle Oriente*

    Netherlands

    Amsterdam - Pathe Arena IMAX*

    New Zealand

    Auckland - SKYCITY IMAX Theatre Queen Street*

    Philippines

    Manila - San Miguel Coca-Cola IMAX

    Russia

    Moscow - KinoStar City @ Mega Belaya Dacha**
    Moscow - Nescafe IMAX**
    St. Petersburg - Coca Cola IMAX Kinostar**

    Spain

    Barakaldo - Yelmo Cines Megapark*
    Malaga - Yelmo Cines Plaza Mayor*
    Oviedo - Yelmo Cines Los Prados*

    Taiwan

    Taipei - Samsung IMAX Miramar Cinemas*
    Taipei - Viewshow*

    Thailand

    Bangkok - KrungSri IMAX Paragon CinePlex*

    Turkey

    Ankara - Ankara AFM IMAX*
    Istanbul - AFM IMAX Istinye Park*

    UK

    Birmingham - IMAX Cinema Millennium Point*
    Bradford - National Media Museum IMAX Bradford*
    Glasgow - Glasgow Science Centre IMAX Cinema*
    Greenwich - ODEON Greenwich*
    London - BFI London IMAX Cinema*
    Manchester - ODEON Manchester IMAX Cinema at The Printworks*
    Wimbledon - ODEON Wimbledon*

    Ukraine

    Kiev - Utel IMAX Theatre**

    United Arab Emirates

    Dubai - Grand Megaplex 21 + IMAX*


    *denotes later launch        **denotes early 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 immersive 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 ExperienceÃ’. 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 December 31, 2008, there were 351 IMAX theatres (231 commercial, 120 institutional) operating in 42 countries.

IMAX(R), IMAX(R) Dome, IMAX(R) 3D, IMAX(R) 3D Dome, Experience It In IMAX(R), The IMAX Experience(R), An IMAX Experience(R), IMAX DMR(R), DMR(R), IMAX MPX(R), IMAX think big(R) and think big(R) are trademarks and trade names of the Company. More information about the Company can be found at www.imax.com.

About DreamWorks Animation

DreamWorks Animation is principally devoted to developing and producing computer generated, or CG, animated feature films. With world-class creative talent, a strong and experienced management team and advanced CG filmmaking technology and techniques, DreamWorks Animation makes high quality CG animated films meant for a broad movie-going audience. The Company anticipates releasing its feature films into both conventional and IMAX(R) theatres worldwide. The Company has theatrically released a total of seventeen animated feature films, including Shrek, Shrek 2, Shark Tale, Madagascar, Over the Hedge, Shrek the Third, Bee Movie, Kung Fu Panda and Madagascar: Escape 2 Africa. Monsters vs. Aliens opens in theaters on March 27, 2009. All of the Company's feature films are now being produced in stereoscopic 3D technology.

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.

SOURCE: IMAX Corporation - 03/26/2009

CONTACT: Media: IMAX Corporation, New York,
Sarah Gormley, (212) 821-0155, sgormley@imax.com;
DreamWorks Animation, Jeff Hare, (818) 695-6055,
jeff.hare@dreamworks.com;
Business Media: Sloane & Company, New York,
Whit Clay, (212) 446-1864, wclay@sloanepr.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;
DreamWorks Animation Corporate Communications,
Shannon Olivas, (818) 695-3658, shannon.olivas@dreamworks.com
(IMAX IMX.)