Latest Co-Production From Warner Bros. Pictures and IMAX Transports Audiences to the Far Reaches of the Universe Through the Magic of IMAX(R) 3D

LOS ANGELES, Mar 18, 2010 (GlobeNewswire via COMTEX) -- IMAX Corporation (Nasdaq:IMAX) (TSX:IMX) and Warner Bros. Pictures today announced that Hubble 3D, the latest installment of the successful IMAX space film series, opens in select IMAX(R) theatres starting tomorrow. The film has already received rave reviews nationwide. Early highlights include:

"An awesome 3D documentary." - Entertainment Weekly
"'Hubble 3D' truly dazzles." - Associated Press
"Thrilling and mesmerizing" - Daily Variety
"This film has to be seen to be believed." - The Hollywood Reporter
"Breathtaking, extraordinary and awe-inspiring!" - Access Hollywood

Through the power of IMAX 3D, Hubble 3D will enable moviegoers to journey through distant galaxies to explore the grandeur and mysteries of our celestial surroundings, and accompany space-walking astronauts as they attempt some of the most difficult and important tasks in NASA's history. The film will offer an inspiring and unique look into the Hubble Space Telescope's legacy and highlight its profound impact on the way we view the universe and ourselves.

"It's been said that The IMAX Experience(R) is the next best thing to being in space, and with IMAX 3D, the audience really IS there," said Producer/Director Toni Myers. "Fifteen years ago we made a film about space exploration that included Hubble, when it started sending back the first images. Today, we have Hubble's entire phenomenal legacy of data to explore. With IMAX 3D we can transport people to galaxies that are 10 billion light years away--back to the edge of time. Real star travel is here at last."

"We are thrilled that the remarkable footage captured by the astronauts as well as the inspiring Hubble images will be available to audiences through the power of IMAX," said Dan Fellman, President, Domestic Distribution, Warner Bros. Pictures. "We look forward to moviegoers worldwide having the opportunity to be transported via Hubble 3D in the months and years to come."

"Hubble 3D transports people further than they have ever gone before through the magic of IMAX 3D, and thanks to the heroic efforts of the astronauts of STS-125 and the Hubble IMAX filmmaking team lead by Producer/Director Toni Myers," said IMAX CEO Richard L. Gelfond. "Transporting people to places they can only dream of going has always been an important part of IMAX's heritage, we're very proud to continue that tradition with this latest installment of our incredible space film series."

"We're very excited to share this awe-inspiring film with space fans and IMAX audiences worldwide, and we're thrilled with the excellent early reviews of the film," added Greg Foster, Chairman and President of IMAX Filmed Entertainment. "IMAX space films have always been a favorite with moviegoers because they epitomize the essence of The IMAX Experience, which is to take people to places they normally couldn't visit. In Hubble 3D, that place includes a journey to the edge of the observable universe and back."

Hubble 3D will also play in IMAX (2D) in various locations starting tomorrow and in the coming months expand wider to additional IMAX and IMAX 3D locations worldwide.

The film is scheduled to play at the following IMAX(R) Theatres beginning March 19th.

  UNITED STATES
  Alabama
  Huntsville -- Spacedome IMAX at US Space and
   Rocket Center#
  California
  Los Angeles -- California Science Center
   IMAX Theater
  Sacramento -- Esquire IMAX Theatre*
  San Diego -- Reuben H. Fleet Science Center#
  San Jose -- Hackworth IMAX Dome#*
  Colorado
  Denver -- Denver Museum of Nature & Science
   IMAX#
  Connecticut
  Norwalk -- IMAX Theatre at The Maritime
   Aquarium#
  District of Columbia
  Washington -- Lockheed Martin IMAX Theatre
   at National Air & Space Museum
  Florida
  Kennedy Space Center -- IMAX Theater at
   Kennedy Space Center
  Pensacola -- IMAX Naval Aviation Memorial
   Theatre#
  St. Augustine -- World Golf Hall of Fame
   IMAX Theatre#
  Tallahassee -- Challenger Learning Center
   IMAX#
  Tampa -- IMAX Dome Theatre at MOSI#*
  Georgia
  Columbus -- IMAX Theatre at Patriot Park
  Illinois
  Chicago -- Navy Pier IMAX Theatre*
  Chicago -- Henry Crown Space Center OMNIMAX
   Theatre#
  Indiana
  Indianapolis -- IMAX Theatre at the Indiana
   State Museum
  Iowa
  Davenport -- Putnam Museum and IMAX Theatre
  Des Moines -- Science Center of Iowa & Blank
   IMAX Dome Theater#
  Kansas
  Hutchinson -- Kansas Cosmosphere IMAX
   Theatre#
  Kentucky
  Louisville -- Louisville Science Center
   IMAX#
  Maryland
  Baltimore -- Maryland Science Center IMAX
   Theater*
  Massachusetts
  Boston -- New England Aquarium's Simons IMAX
   Theatre
  Michigan
  Dearborn -- The Henry Ford IMAX Theatre
  Minnesota
  Apple Valley -- Great Clips IMAX Theatre*
  Missouri
  Branson -- Branson's IMAX#
  New Jersey
  Jersey City -- Liberty Science Center IMAX
   Dome Theatre#
  New Mexico
  Alamogordo -- Tombaugh IMAX Dome Theatre#
  New York
  New York -- AMC Loews Lincoln Square 13 &
   IMAX (limited one-week engagement)
  West Nyack -- IMAX Theatre at Palisades
   Center*
  North Carolina
  Raleigh -- Wachovia IMAX Theatre at Marbles
   Kids Museum
  Ohio
  Cleveland -- Great Lakes Science Center
   Omnimax#
  Dayton -- IMAX National Museum of the USAF#
  Oregon
  McMinnville -- Evergreen Aviation Museum
   IMAX Theatre
  Portland -- OMNIMAX Theater at the Oregon
   Museum of Science & Industry#
  Pennsylvania
  Harrisburg -- Whitaker Center Select Medical
   IMAX Theatre
  Philadelphia -- Tuttleman IMAX Theatre at
   the Franklin Institute#
  South Carolina
  Myrtle Beach -- Myrtle Beach IMAX 3D Theatre
  Tennessee
  Chattanooga -- Tennessee Aquarium IMAX
   Theater
  Texas
  Austin -- The Bob Bullock Texas State
   History Museum IMAX Theatre
  Houston -- Wortham IMAX Houston Museum of
   Natural Science
  Utah
  Salt Lake City -- Clark Planetarium ATK IMAX
   Theatre
  Virginia
  Hampton -- Riverside IMAX Theater at the
   Virginia Air & Space Center
  Washington
  Seattle -- Pacific Science Center Boeing
   IMAX Theatre
  Spokane -- Riverfront Park IMAX Theatre#

  CANADA
  British Columbia
  Victoria -- National Geographic IMAX
   Theatre#*
  Manitoba
  Winnipeg -- IMAX Theatre at Portage Place
  Quebec
  Gatineau -- Canadian Museum of Civilization
   IMAX Theatre#*
  Montreal -- Montreal Science Centre's IMAX
   Telus Theatre*
  Ontario
  Toronto -- Ontario Science Centre Omnimax
   Theatre#

  INTERNATIONAL
  Denmark
  Copenhagen -- Tycho Brahe Planetarium#*
  France
  Toulouse -- IMAX Cite de L'Espace*
  Germany
  Sinsheim -- IMAX 3D Theatre at Auto &
   Technik Museum Sinsheim*
  Japan
  Osaka -- Suntory Museum IMAX 3D Theatre *
  United Kingdom
  Glasgow -- IMAX Theatre at Glasgow Science
   Center*
  London -- Science Museum IMAX Cinema

  Note: Additional IMAX locations to be
   confirmed
  *denotes later launch
  #denotes 2D theatre

  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 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. The IMAX brand is recognized throughout the world for extraordinary and immersive entertainment experiences for consumers. As of December 31, 2009, there were 430 IMAX theatres (309 commercial, 121 institutional) operating in 48 countries.

IMAX(R), IMAX(R) 3D, IMAX DMR(R), Experience It In IMAX(R), An 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. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).

The IMAX Corporation 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 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.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: IMAX Corporation

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