One of the Most Beloved Films of All Time to be Released in the Immersive IMAX® 3D Format
Re-release Commemorates Centennial of Titanic's Maiden Voyage

LOS ANGELES, March 15, 2012 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX; TSX: IMX) Paramount Pictures and 20th Century Fox announced today that James Cameron's Oscar®-winning film, Titanic will be digitally re-mastered into the immersive IMAX® 3D format and released for a limited engagement in 149 select IMAX® theatres worldwide. Titanic will open in 79 domestic IMAX theatres simultaneous with the film's wide release on April 4, 2012 and a total of 70 international IMAX theatres, 63 of which will open on April 4. Additional international playdates will be added as pending bookings are confirmed. Since its initial release on Dec. 19, 1997, Titanic has grossed $1.8 billion globally and remains the second-highest grossing film of all time.

(Logo: http://photos.prnewswire.com/prnh/20111107/MM01969LOGO )

"James Cameron is a visionary filmmaker who masterfully harnesses the power of technology to elevate storytelling to another level," said Greg Foster, IMAX Chairman and President of Filmed Entertainment. "We're excited to work again with our partners at Fox, Lightstorm and Paramount as we present the next iteration of the Titanic story and transport audiences into this compelling tale like never before."

Titanic: An IMAX 3D Experience has been digitally re-mastered into the unparalleled image and sound quality of The IMAX Experience® through proprietary IMAX DMR®technology. With crystal-clear images, laser-aligned digital sound and theatre geometry that maximizes field of view, IMAX provides the world's most immersive movie experience.

Titanic: An IMAX 3D Experience is scheduled to play day-and-date at the following IMAX theatres beginning April 4th:

UNITED STATES

Alabama

Huntsville – Rave Valley Bend 18 + IMAX

Arizona

Phoenix – AMC Desert Ridge 18 with IMAX

California

Aliso Viejo – Regal Aliso Viejo Stadium 20 + IMAX

Cupertino – AMC Cupertino Square 16 with IMAX

El Cajon – Regal Parkway Plaza Stadium 18 + IMAX

Fairfield – Regal Fairfield Stadium 16 + IMAX

Lancaster – Cinemark 22 + IMAX

Los Angeles – AMC Century City 15 with IMAX

Los Angeles – AMC Universal Citywalk Stadium 19 with IMAX

Riverside – AMC Tyler Galleria 16 with IMAX

San Diego – Regal Mira Mesa Stadium 18 + IMAX

San Francisco – AMC Loews Metreon 16 with IMAX

Santa Clara – AMC Mercado 20 with IMAX

Torrance – AMC Del Amo 18 with IMAX

Colorado

Highlands Ranch – AMC Highlands Ranch 24 + IMAX

Connecticut

Manchester – Rave Buckland Hills 18 + IMAX

Florida

Altamonte Springs – AMC Altamonte Mall 18 with IMAX

Brandon – AMC The Regency 20 with IMAX

Fort Myers – Regal Gulf Coast Town Center Stadium 16 + IMAX

Pensacola – Rave Pensacola Bayou 15 + IMAX

South Miami – AMC Sunset Place 24 with IMAX

Georgia

Cumming – AMC Avenue Forsyth 12 with IMAX

Hawaii

Honolulu – Regal Dole Cannery Stadium 18 + IMAX

Illinois

Naperville – AMC Showplace Naperville 16 with IMAX

Skokie – AMC Showplace Village Crossing 18 with IMAX

Indiana

Indianapolis – AMC Showplace Indianapolis 17 with IMAX

Portage – Goodrich Portage 16 IMAX

Kansas

Leawood – AMC Town Center 20 with IMAX

Kentucky

Louisville – Rave Stonybrook 20 + IMAX

Louisiana

Harahan – AMC Elmwood Palace 20 with IMAX

Slidell – The Grand 16 + IMAX – Slidell

Maryland

Columbia – AMC Columbia 14 with IMAX

Massachusetts

Boston – AMC Loews Boston Common 19 with IMAX

Danvers – AMC Loews Liberty Tree Mall 20 with IMAX

Michigan

Dearborn – Henry Ford IMAX

Grand Rapids – Celebration! Cinema Grand Rapids North + IMAX

Livonia – AMC Livonia 20 with IMAX

Ypsilanti – Rave Ann Arbor 20 + IMAX

Minnesota

Edina – AMC Southdale 16 with IMAX

Missouri

Saint Louis – Wehrenberg Ronnies 20 Cine + IMAX

Springfield – ShowPlex Springfield 11 IMAX Theatre

Nevada

Henderson – Regal Sunset Station Stadium 13 + IMAX

Las Vegas – Regal Red Rock Stadium 16 + IMAX

New Jersey

Paramus – AMC Garden State 16 with IMAX

New York

Albany – Regal Crossgates Stadium 18 + IMAX

New York City – AMC Loews 34th Street 14 with IMAX

New York City – AMC Loews Kips Bay 15 with IMAX

Westbury – Regal UA Westbury Theatre Stadium 12 + IMAX

North Carolina

Durham – Stone Southpoint Cinemas + IMAX

Winston-Salem – The Grand 18 + IMAX – Winston-Salem

Ohio

Columbus – AMC Lennox Town Center 24 with IMAX

Springdale – National Amusements Springdale 18 + IMAX: Cinema de Lux

Westlake – Regal Crocker Park Stadium 16 + IMAX

Oklahoma

Moore – Warren 14 + IMAX

Oregon

Eugene – Regal Valley River Center Stadium 15 + IMAX

Portland – Regal Lloyd Center 10 + IMAX

Pennsylvania

Bensalem – AMC Neshaminy 24 with IMAX

King of Prussia – Regal King of Prussia Stadium + IMAX

Tarentum – Cinemark Galleria at Pittsburgh Mills + IMAX

Rhode Island

Providence – Providence Place Cinemas 16 + IMAX

Tennessee

Knoxville – Regal Pinnacle Stadium 18 + IMAX

Texas

Amarillo – Regal Amarillo Star Stadium 14 + IMAX

Austin – AMC Barton Creek Square 14 with IMAX

Corpus Christi – Cinemark Century 16 + IMAX

Dallas – AMC Northpark 15 with IMAX

Sugar Land – AMC First Colony 24 with IMAX

Utah

Sandy – Megaplex 17 + IMAX at Jordan Commons

Virginia

Manassas – Regal Manassas Stadium 14 + IMAX

McLean – AMC Tysons Corner 16 with IMAX

Midlothian – Regal Commonwealth Stadium 20 + IMAX

Virginia Beach – AMC Lynnhaven 18 with IMAX

Washington

Bellevue – Lincoln Square Cinemas IMAX Theatre

Kent – AMC Kent Station 14 with IMAX

CANADA

Alberta

Edmonton – Cineplex Scotiabank Theatre Edmonton IMAX

British Columbia

Langley – Cineplex Colossus Langley Cinemas IMAX

Manitoba

Winnipeg – Cineplex SilverCity Polo Park Cinemas IMAX

Nova Scotia

Halifax – Empire Theatres Bayers Lake IMAX

Ontario

Mississauga – Cineplex Coliseum Mississauga Cinemas IMAX

Toronto – AMC Yonge + Dundas 24 with IMAX

INTERNATIONAL

Australia

Melbourne – Highpoint Hoyts IMAX

Perth – Carousel Hoyts IMAX

Sydney – Entertainment Quarter Hoyts IMAX

Sydney – LG IMAX Theatre Sydney

Austria

Graz – Cineplexx Graz IMAX

Hohenems – Cineplexx IMAX Hohenems

Vienna –Apollo Das Kino Vienna IMAX

Brazil

Curitiba – Dom Bosco IMAX Palladium Shopping Center**

Rio de Janeiro – UCI 18 Cinemas New York City Center IMAX**

Bulgaria

Sofia – Mtel IMAX

Croatia

Zagreb – CineStar Arena IMAX Zagreb

Czech Republic

Prague – Oskar IMAX Palace Flora

Hungary

Budapest – Cinema City Arena IMAX Hungary

Japan

Fukuoka – United Cinemas Canal City 13 IMAX

Kawasaki – 109 Cinemas Kawasaki IMAX

Kiba – 109 Cinemas Kiba IMAX

Kishiwada – United Cinemas Kishiwada IMAX

Nagoya – 109 Cinemas Nagoya IMAX

Osaka – 109 Cinemas Minoh IMAX

Saitama – 109 Cinemas Shobu IMAX

Saitama – United Cinemas Urawa IMAX

Sapporo – United Cinemas Sapporo IMAX

Shonan – 109 Cinemas Shonan IMAX

Tokyo – 109 Cinemas Grandberry Mall IMAX

Toshimaen – United Cinemas Toshimaen IMAX

Yamatokoriyama – Cinema Sunshine IMAX

Kazakhstan

Astana – Kino Park Keruen IMAX

Poland

Katowice – Cinema City Orange IMAX Katowice Punkt 44**

Krakow – Cinema City Orange IMAX Krakow**

Lodz – Cinema City Orange IMAX Manufaktura**

Poznan – Cinema City Orange Poznan IMAX**

Warsaw – Cinema City Orange IMAX Sadyba**

Russia

Astrakhan – Kinomax Vokzalnaya Square IMAX

Krasnodar – SBS/Monitor Megamall IMAX

Moscow – BFC IMAX Kinosfera

Moscow – Coca-Cola IMAX Kinostar De Lux Khimki

Moscow – Coca-Cola IMAX Kinostar De Lux Teply Stan

Moscow – Coca-Cola IMAX Kinostar New York New York, Mega Belaya Dacha

Moscow – Formula Kino IMAX Sapphire

Moscow – Karo October Cinema IMAX

Novosibirsk – Cinema Park Royal Park IMAX

Perm – Kristall IMAX

Saratov – Cinema Park Triumph Mall IMAX

St. Petersburg – Coca-Cola IMAX Kinostar City IMAX

St. Petersburg – IMAX Formula Kino Galeria

St. Petersburg – Karo IMAX Baikonurskiy

Tumen – Cinema Park IMAX Tumen

Ufa – Cinema Park Iskra IMAX Theatre

Volgograd – Cinema Park Volgograd Europa City Mall IMAX

Voronezh – Cinema Park The Galereya Chizhova IMAX

Yekaterinburg – Cinema Park Star Light IMAX

Singapore

Singapore – Shaw Theatres Jcube + IMAX⁺

Singapore – Shaw Lido Cineplex 11 IMAX

Thailand

Bangkok – Major Cineplex IMAX Pinklao

Bangkok – Major Cineplex IMAX Ratchayothin

United Kingdom

Cardiff – Odeon Cardiff Bay IMAX

Crawley – Cineworld IMAX Crawley

Edinburgh – Cineworld IMAX Edinburgh

Gateshead – Odeon Metrocentre IMAX

Greenwich – Odeon Greenwich IMAX

Kingston Upon Thames – Odeon Kingston IMAX

Liverpool – Odeon Liverpool ONE IMAX

London – BFI IMAX London

London – Odeon Swiss Cottage IMAX

Norwich – Odeon Norwich IMAX

Renfrew – Odeon Braehead IMAX

Sheffield – Cineworld IMAX Sheffield

Southampton – Odeon Southampton IMAX

Uxbridge – Odeon Uxbridge IMAX

Wimbledon – Odeon Wimbledon IMAX

Please check local listings or IMAX.com for final theatre listings, launch dates and showtimes.

*denotes earlier launch **denotes later launch ⁺ denotes new theatre

About Paramount Pictures Corporation
Paramount Pictures Corporation (PPC), a global producer and distributor of filmed entertainment, is a unit of Viacom (NYSE: VIA, VIA.B), a leading content company with prominent and respected film, television and digital entertainment brands. Paramount controls a collection of some of the most powerful brands in filmed entertainment, including Paramount Pictures, Paramount Animation, Paramount Vantage, Paramount Classics, Insurge Pictures, MTV Films, and Nickelodeon Movies. PPC operations also include Paramount Famous Productions, Paramount Home Media Distribution, Paramount Pictures International, Paramount Licensing Inc., and Paramount Studio Group.

About Twentieth Century Fox
One of the world's largest producers and distributors of motion pictures, Fox Filmed Entertainment produces, acquires and distributes motion pictures throughout the world. These motion pictures are produced or acquired by the following units of FFE: Twentieth Century Fox, Fox 2000 Pictures, Fox Searchlight Pictures, Twentieth Century Fox Animation and Fox International Productions.

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 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 delivers the world's best cinematic presentations using proprietary IMAX®, IMAX 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, Shanghai and Beijing. As of December 31, 2011, there were 634 IMAX theatres (497 commercial multiplex, 20 commercial destination and 117 institutional) in 50 countries.

IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D Experience® and The IMAX Experience® 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. 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 performance of IMAX DMR films, the opportunities that may be presented to and pursued by IMAX, competitive actions by other companies, conditions in the in-home and out-of home entertainment industries, the signing of theatre system agreements, changes in law or regulations, conditions, changes and developments in the commercial exhibition industry, the failure to respond to changes and advancements in digital technology, the failure to convert theatre system backlog into revenue, new business initiatives, investments and operations in foreign jurisdictions and any future international expansion, the inability to protect IMAX's intellectual property foreign currency fluctuations and IMAX's prior restatements and the related litigation. These factors and other 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.