Sony Pictures Entertainment, Marvel Studios and IMAX Re-Team for Event Release;
IMAX Launch Coincides with Film's New Wide Global Debut Date on July 7, 2017

LOS ANGELES, Jan. 26, 2016 /PRNewswire/ -- Spider-Man, one of the world's most beloved superheroes, will once again come to IMAX^® Theatres for a network-wide event run when the film is released in theaters on its new worldwide date on July 7, 2017, it was announced today by Josh Greenstein, president of Worldwide Marketing and Distribution for Sony Pictures, Kevin Feige, president of Marvel Studios, and Greg Foster, Senior Executive Vice President, IMAX Corp. and CEO of IMAX Entertainment. As the movie, which Sony Pictures Entertainment is teaming with Marvel Studios to produce, enters wide release, it will also be digitally re-mastered into the immersive IMAX^® 3D format. The highly anticipated next installment in the $4 billion franchise, which will star Tom Holland as Peter Parker/Spider-Man, will be directed by Jon Watts and produced by Feige and Amy Pascal.

Commenting on the announcement, Greenstein said, "There's so much about Spider-Man – including the web-slinging action – that lends itself perfectly to the IMAX screen. We are confident that audiences everywhere around the world will want to see it in IMAX."

Feige said: "Time and time again IMAX delivers super-hero sized movie going experiences to fans. With the anticipation for Spider-Man climbing, we are excited that IMAX has committed early to this extended release plan- it will be a great way for audiences around the world to experience such a big event film."

Foster said, "IMAX's long-standing relationship with Marvel and Sony first began with Spider-Man in 2002, establishing the ultimate way for fans to be transported into the world of their favorite characters like Peter Parker. By re-teaming with our friends at Sony and Marvel on the newest Spider-Man reboot, we are excited to deliver audiences what they're asking for: a must-see cinematic adventure – in IMAX."

The IMAX^® 3D release of the Spider-Man film will be digitally re-mastered into 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 Sony Pictures Entertainment

Sony Pictures Entertainment (SPE) is a subsidiary of Sony Entertainment Inc., a subsidiary of Tokyo-based Sony Corporation. SPE's global operations encompass motion picture production, acquisition and distribution; television production, acquisition and distribution; television networks; digital content creation and distribution; operation of studio facilities; and development of new entertainment products, services and technologies. For additional information, go to http://www.sonypictures.com.

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 September 30, 2015, there were 1,008 IMAX theatres (887 commercial multiplexes, 19 commercial destinations and 102 institutions) in 66 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^® 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:

Business Media:

IMAX Corporation – New York

Ann Sommerlath

212-821-0155

asommerlath@imax.com

Sloane & Company – New York

Whit Clay

212-446-1864

wclay@sloanepr.com

Investors:

IMAX Corporation – New York