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

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.

SOURCE IMAX Corporation