Sony Pictures Entertainment to Release Men in Black(TM) 3 in IMAX(R) 3D

Mon Sep 12, 2011 3:28pm EDT

* Reuters is not responsible for the content in this press release.

LOS ANGELES, Sept. 12, 2011 (GLOBE NEWSWIRE) -- IMAX Corporation (NYSE:IMAX)
(TSX:IMX) and Sony Pictures Entertainment today announced that the action comedy
Men in Black(TM) 3 will be released to IMAX(R) theatres simultaneously with the
film's worldwide release on May 25, 2012. Directed by Barry Sonnenfeld, Men in
Black 3 is the first in the franchise to be released in IMAX.

Will Smith and Tommy Lee Jones are back in black in Men in Black 3.  Directed by
Barry Sonnenfeld from a screenplay written by Etan Cohen, based on the Malibu
Comic by Lowell Cunningham, the film is produced Walter F. Parkes and Laurie
MacDonald and executive produced by Steven Spielberg and G. Mac Brown.  The film
also stars Josh Brolin, Jemaine Clement, and Emma Thompson.

"Releasing a film in IMAX(R) 3D signals an event release, and Men in Black 3 on
Memorial Day weekend certainly qualifies in a big way. We couldn't be more
excited about how MIB 3 will look and sound in IMAX theatres," said Rory Bruer,
president of Worldwide Distribution for Sony Pictures Releasing.

"Will Smith, Tommy Lee Jones and Barry Sonnenfeld have made the Men in Black
franchise a fan favorite and we're excited to feature the return of this iconic
title in IMAX," said Greg Foster, Chairman and President, IMAX Filmed
Entertainment. "Men in Black 3 is another strong addition to our 2012 film slate
and we're looking forward to continuing to work with the talented team at Sony
Pictures."

The IMAX release of Men in Black 3 will be digitally re-mastered into the image
and sound quality of The IMAX 3D Experience(R) with proprietary IMAX DMR(R)
(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 Corporation of
America, a subsidiary of Tokyo-based Sony Corporation.  SPE's global operations
encompass motion picture production, acquisition and distribution; television
production, acquisition and distribution; home entertainment acquisition and
distribution; worldwide television networks; digital content creation and
distribution; operation of studio facilities; development of new entertainment
products, services and technologies; and distribution of entertainment in more
than 142 countries. Sony Pictures Entertainment can be found on the World Wide
Web at http://www.sonypictures.com.

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(R), IMAX 3D(R), 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(R).

IMAX is headquartered in New York, Toronto and Los Angeles, with offices in
London, Tokyo, Beijing and Shanghai.  As of June 30, 2011, there were 560 IMAX
theatres (417 commercial multiplex, 25 commercial destination and 118
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
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 the Company, competitive actions by other companies,
the performance of IMAX DMR films, 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 convert theatre system backlog into revenue,
new business initiatives, investments and operations in foreign jurisdictions
and any future international expansion, foreign currency fluctuations and the
Company's prior restatements and the related litigation.  These factors and
other risks and uncertainties are discussed in the Company's most recent Annual
Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.

CONTACT: Investors:
         IMAX Corporation - New York
         Heather Anthony/Blaire Lomasky
         212-821-0100
         hanthony@imax.com
         blomasky@imax.com

         Business Media:
         Sloane & Company - New York
         Whit Clay
         212-446-1864
         wclay@sloanepr.com

         Media:
         IMAX Corporation - New York
         Ann Sommerlath
         212-821-0100
         asommerlath@imax.com

         Entertainment Media:
         IMAX Corporation - Santa Monica
         Rebecca Klein
         310-255-5656
         rklein@imax.com

         Principal Communications Group - Los Angeles
         Melissa Zuckerman/Paul Pflug
         323-658-1555
         melissa@pcommgroup.com
         paul@pcommgroup.com
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