Fanboys and Fangirls Seek Out IMAX as Preferred Venue for Zack Snyder's Latest Action-Adventure in Record Fashion

LAS VEGAS, Mar 29, 2011 (GlobeNewswire via COMTEX) --

IMAX Corporation (NYSE:IMAX) (TSX:IMX) today announced that the IMAX release of Warner Bros. Pictures' Sucker Punch, contributed approximately $4.0 million in gross box office receipts to the film's overall domestic opening weekend box office of $19 million, on 229 domestic IMAX screens. Internationally, IMAX estimated cumulative gross box office of approximately $315,000 on 23 IMAX screens in markets like Holland and Brazil, among others, and said the movie is expected to open on approximately 80 additional international screens in coming months.

"Zack Snyder's visual thrill ride is perfectly suited for The IMAX Experience(R), and we are particularly pleased with the large market share, which is a record for a 2D title," said Greg Foster, Chairman and President, Filmed Entertainment. "This film once again demonstrates that fanboy and fangirl audiences are seeking out IMAX when viewing movies of this genre."

Sucker Punch has been digitally re-mastered into the image and sound quality of The IMAX Experience with proprietary IMAX DMR(R) (Digital Re-mastering) technology for presentation in IMAX. The crystal-clear images, coupled with IMAX's customized theatre geometry and powerful digital audio, create a unique immersive environment that will make audiences feel as if they are in the movie.

About Sucker Punch

Close your eyes. Open your mind. You will be unprepared. Sucker Punch takes us into the vivid imagination of a young girl whose dream world provides the ultimate escape from her darker reality. Unrestrained by the boundaries of time and place, she is free to go where her mind takes her, and her incredible adventures blur the lines between what's real and what is imaginary. She has been locked away against her will, but Babydoll (Emily Browning) has not lost her will to survive. Determined to fight for her freedom, she urges four other young girls--the reluctant Sweet Pea (Abbie Cornish), the outspoken Rocket (Jena Malone), the street-smart Blondie (Vanessa Hudgens) and the fiercely loyal Amber (Jamie Chung)--to band together and try to escape their terrible fate at the hands of their captors, Blue (Oscar Isaac) and Madam Gorski (Carla Gugino), before the High Roller (Jon Hamm) comes for Babydoll. Led by Babydoll, the girls engage in fantastical warfare against everything from samurais to serpents, with a virtual arsenal at their disposal. Together, they must decide what they are willing to sacrifice in order to stay alive. But with the help of a Wise Man (Scott Glenn), their unbelievable journey--if they succeed--will set them free.

Sucker Punch is directed and produced by Zack Snyder and produced by Deborah Snyder, with Thomas Tull, Wesley Coller, Jon Jashni, Chris deFaria, Jim Rowe and William Fay serving as executive producers. The screenplay was written by Zack Snyder & Steve Shibuya from a story by Zack Snyder.

About IMAX Corporation

IMAX Corporation is one of the world's leading entertainment and technology companies, specializing in the creation and delivery of premium, awe-inspiring entertainment experiences. With a growing suite of cutting-edge motion picture and sound technologies, and a globally recognized entertainment brand, IMAX is singularly situated at the convergence of the entertainment industry, innovation and the digital media world. The industry's top filmmakers and studios are utilizing IMAX(R) theatres to connect with audiences in extraordinary ways, and as such, the IMAX network is among the most important and successful theatrical distribution platforms for major event films around the globe. The Company's new digital projection and sound systems - combined with a growing blockbuster film slate - are fueling the rapid expansion of the IMAX network in established markets such as North America, Western Europe, and Japan, as well as emerging markets such as China and Russia. IMAX theaters deliver the world's best cinematic presentations using proprietary IMAX, IMAX(R) 3D, and IMAX DMR (Digital Re-Mastering) technologies. IMAX DMR enables virtually any motion picture to be transformed into the unparalleled image and sound quality of The IMAX Experience.

IMAX is headquartered in New York, Toronto and Los Angeles, with offices in London, Tokyo and Shanghai. As of December 31, 2010, there were 518 IMAX theatres (396 commercial, 122 institutional) operating in 46 countries.

The IMAX Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6469

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).

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, but are not limited to, general economic, market or business conditions, including the length and severity of the current economic downturn, the opportunities that may be presented to and pursued by the Company, the performance of IMAX DMR films, conditions in the in-home and out-of home entertainment industries, the signing of theatre system agreements, changes and developments in the commercial exhibition industry, the failure to convert theatre system backlog into revenue, new business initiatives, investments and operations in foreign jurisdictions, foreign currency fluctuations and the Company's prior restatements and the related litigation and investigation by the SEC and the ongoing inquiry by the OSC. 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

CONTACT: Media:
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Ann Sommerlath
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Heather Anthony
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Whit Clay
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