Film Scores Best-Ever Global IMAX Opening in May

LOS ANGELES, May 9, 2016 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced that Marvel's Captain America: Civil War opened with a record-setting $31.3 million on 955 IMAX screens globally, making it the largest opening ever for an IMAX release in May, as well as the third-best IMAX opening for a day-and-date release, including China. Overall, Captain America: Civil War scored the fourth-largest global opening weekend ever in IMAX. To date, Captain America: Civil War has grossed $45 million in IMAX globally.

Domestically, Captain America: Civil War delivered $16 million on 380 IMAX screens. The film's North American debut kicked off with particularly strong presales and continued with sell-outs throughout the weekend.

International IMAX weekend results for Captain America: Civil War reached $15.3 million on 575 IMAX screens. In China, specifically, the film grossed an astonishing $10 million in three days. A few other new markets that saw notable results this weekend include: United Arab Emirates, Egypt, Trinidad, Argentina and Turkey.

"With Captain America: Civil War, Marvel has once again nailed it and, thanks to huge support from our great friends, directors Joe and Anthony Russo, Kevin Feige and team Disney, audiences around the world have embraced the IMAX presentation in this record-setting way," said Greg Foster, Senior Executive Vice President, IMAX Corp. and CEO of IMAX Entertainment. "From the very beginning, the Russos and Marvel have been at the forefront of combining the cutting-edge technology of the ALEXA IMAX 65mm camera with epic storytelling, and we couldn't be more excited to be a part of Captain America: Civil War's release throughout the coming weeks."

Directors Joe and Anthony Russo captured the film's key battle sequence using the new ALEXA IMAX^® 65mm cameras, marking the first film to use the new 2D digital cameras developed in partnership between IMAX and ARRI. As a result, only in IMAX^® theatres do sequences filmed with these cameras expand vertically to fill more of the IMAX screen, delivering IMAX audiences greater scope and breathtaking image quality. As previously announced, the Russo brothers will shoot the entirety of Marvel's two-part finale — Avengers: Infinity War – Parts 1 & 2 — using a joint customized version of ARRI's new large-format 65mm camera, the Alexa 65.

The IMAX^® release of Captain America: Civil War was shown in its digitally re-mastered format, which includes the image and sound quality of The IMAX Experience^® with proprietary IMAX DMR^® (Digital Re-mastering) technology. The crystal-clear images, coupled with IMAX's customized theatre geometry and powerful digital audio, create a unique environment that will make audiences feel as if they are in the movie.

About IMAX Corporation
IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create experiences that take you beyond the edge of your seat to a world you've never imagined. Top filmmakers and studios are utilizing IMAX theatres to connect with audiences in extraordinary ways, and, as such, IMAX's network is among the most important and successful theatrical distribution platforms for major event films around the globe.

IMAX is headquartered in New York, Toronto and Los Angeles, with offices in London, Tokyo, Shanghai and Beijing. As of March 31, 2016, there were 1,066 IMAX theatres (952 commercial multiplexes, 17 commercial destinations and 97 institutions) in 68 countries. On Oct. 8, 2015, shares of IMAX China, a subsidiary of IMAX Corp., began trading on the Hong Kong Stock Exchange under the stock code "HK.1970."

IMAX^®, IMAX^® 3D, IMAX DMR^®, Experience It In IMAX^®, An IMAX 3D Experience^®, The IMAX Experience^® and IMAX nXos^® 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 IMAX 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. These risks and uncertainties are discussed in IMAX's most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.

For additional information please contact:

Media:
IMAX Corporation - New York
Ann Sommerlath
212-821-0155
asommerlath@imax.com

Entertainment Media:
Principal Communications Group - Los Angeles
Melissa Zukerman/Paul Pflug
323-658-1555
melissa@pcommgroup.com
paul@pcommgroup.com

Investors:

IMAX Corporation – New York

Jessica Kourakos

212-821-0110

jkourakos@imax.com

Business Media:

Sloane & Company – New York

Whit Clay

212-446-1864

wclay@sloanepr.com

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SOURCE IMAX Corporation