Film Set for Worldwide Release in IMAX(R) Digital Theatres Starting September 9, 2011

LOS ANGELES, Jul 22, 2011 (GlobeNewswire via COMTEX) -- IMAX Corporation (NYSE:IMAX) (TSX:IMX) and Warner Bros. Pictures today announced that the global thriller Contagion, from Academy Award(R) winning director Steven Soderbergh, will be released to digital IMAX(R) theatres worldwide day-and-date with the film's traditional release, starting September 9, 2011.

The film brings together a stellar ensemble cast, including Academy Award(R) winner Marion Cotillard (La Vie en Rose, Inception); Academy Award(R) winner Matt Damon (Good Will Hunting, the Bourne films); Oscar(R) nominee Laurence Fishburne (What's Love Got to Do With It, The Matrix); Oscar(R) nominee Jude Law (Cold Mountain, Sherlock Holmes); Academy Award(R) winner Gwyneth Paltrow (Shakespeare in Love, Iron Man); and Academy Award(R) winner Kate Winslet (The Reader, Titanic).

"This thriller from director Steven Soderbergh with its all-star, international cast is an ideal film to round out our global 2011 slate, now totaling 23 titles for the year," said Greg Foster, Chairman and President of IMAX Filmed Entertainment.

About Contagion

Contagion follows the rapid progress of a lethal airborne virus that kills within days. As the fast-moving epidemic grows, the worldwide medical community races to find a cure and control the panic that spreads faster than the virus itself. At the same time, ordinary people struggle to survive in a society coming apart.

Also starring Bryan Cranston and Sanaa Lathan, Contagion is directed by Steven Soderbergh from a screenplay by Scott Z. Burns. It is produced by Michael Shamberg, Stacey Sher and Gregory Jacobs, with Jeff Skoll, Michael Polaire and Jonathan King serving as executive producers. The creative filmmaking team includes production designer Howard Cummings, editor Stephen Mirrione, costume designer Louise Frogley and composer Cliff Martinez.

A Warner Bros. Pictures presentation, in association with Participant Media and Imagenation Abu Dhabi, a Double Feature Films/Gregory Jacobs Production, Contagion will be distributed by Warner Bros. Pictures, a Warner Bros. Entertainment Company.

Concurrently with its nationwide theatrical distribution, the film will be released in select IMAX theaters worldwide.

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 theaters deliver the world's best cinematic presentations using proprietary IMAX, IMAX 3D, and IMAX DMR(R) (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.

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).

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

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 opportunities that may be presented to and pursued by IMAX, 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 IMAX'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 IMAX'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

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