Film Scores Best-Ever IMAX August Box Office Opening

LOS ANGELES, Aug. 7, 2016 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced that Warner Bros. Pictures' Suicide Squad opened with a record-setting $18.2 million on 636 IMAX screens globally, making it the largest IMAX debut in August on both an international and global scale, surpassing Guardians of the Galaxy, which opened with $15.9 million worldwide. Domestically, Suicide Squad grossed $11 million on 382 IMAX screens, with $7.2 million from 254 international IMAX sites (without the benefit of China).

Domestically, Suicide Squad kicked off the weekend with $2.4 million from IMAX pre-shows on Thursday, setting a new record for August and surpassing Guardians of the Galaxy as the previous record holder (with $1.9 million). Overall, IMAX accounted for 15 of Suicide Squad's top 20 opening theatres.

International IMAX weekend results for Suicide Squad were led by such notable markets as Sweden (with $96,000 per screen), Puerto Rico ($67,000 per screen), South Korea ($59,000 per screen), Dubai ($57,000), the Netherlands ($56,000 per screen) and Australia ($53,000 per screen). Major overseas markets yet to open include Denmark, Turkey, Egypt, Argentina, Germany, Austria, Italy, and in early September, Japan.

"Suicide Squad is resonating with IMAX fans worldwide in a huge way, which has pushed it to record-setting results," said Greg Foster, Senior Executive Vice President, IMAX Corp. and CEO of IMAX Entertainment. "We congratulate our longtime friends and partners at Warner Bros. and DC Comics, along with writer/director David Ayer, for creating a raucously entertaining movie-going experience. Fanboys are at the heart of both The IMAX Experience® and the growing DC features universe, and together we look forward to continuing the tradition of offering fans compelling characters and stunning visuals as seen in the best possible format—in IMAX."

The IMAX® 3D release of Suicide Squad was 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 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 Jun. 30, 2016, there were 1,102 IMAX theatres (990 commercial multiplexes, 16 commercial destinations and 96 institutions) in 69 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®, IMAX Is Believing® 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.

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