IMAX Corporation: Press release

Prepare for the Return of Awesomeness When This Animated Family Comedy Releases
in EMEA in Digital IMAX Theatres 

LOS ANGELES, 2011-05-24 08:30 CEST (GLOBE NEWSWIRE) --
LOS ANGELES, May 24, 2011 (GLOBE NEWSWIRE) -- IMAX Corporation (NYSE:IMAX)
(TSX:IMX) and DreamWorks Animation SKG, Inc. (Nasdaq:DWA) announced today that
the second installment of the animated family adventure Kung Fu Panda 2 will be
released in the immersive IMAX® 3D format beginning Wednesday, May 25. The film
will release on 47 digital IMAX® screens across EMEA, simultaneous with each
country's release date. 

Kung Fu Panda 2: An IMAX 3D Experiencehas been digitally re-mastered into the
image and sound quality of The IMAX Experience® with proprietary IMAX DMR®
(Digital Re-mastering) technology for presentation in IMAX 3D. The
crystal-clear images, coupled with IMAX's customized theatre geometry and
powerful digital audio, create a unique immersive environment that will make
audiences feel as if they are in the movie. 

About Kung Fu Panda 2:

From DreamWorks Animation—the studio that brought you "How to Train Your
Dragon," "Shrek," and the Academy Award®- and Golden Globe®-nominated "Kung Fu
Panda"—comes the latest adventures of one of the most unlikely heroes ever to
transition from noodle shop employee to kung fu master. 

In "Kung Fu Panda 2" Po (JACK BLACK) is now living his dream as The Dragon
Warrior, protecting the Valley of Peace alongside his friends and fellow kung
fu masters, The Furious Five: Tigress (ANGELINA JOLIE); Monkey (JACKIE CHAN);
Mantis (SETH ROGEN); Viper (LUCY LIU); and Crane (DAVID CROSS). Also returning
is DUSTIN HOFFMAN as the kung fu guru and Po's mentor, Master Shifu, and JAMES
HONG as Mr. Ping, Po's father and owner of the most popular noodle shop in the
village. 

Po's new life of awesomeness is threatened by the emergence of a formidable
villain, Lord Shen (GARY OLDMAN), who plans to use a secret, unstoppable weapon
to conquer China and destroy kung fu. Po must look to his past and uncover the
secrets of his mysterious origins—only then will he be able to unlock the
strength he needs to succeed. 

Additional new cast members include MICHELLE YEOH as the Soothsayer in service
to Lord Shen, whose visions of the future play a key role in the destiny to
come; DANNY MCBRIDE as Shen's minion, the Wolf Boss; and DENNIS HAYSBERT as
Master Storming Ox. The cast also features action superstar JEAN-CLAUDE VAN
DAMME as Master Croc and VICTOR GARBER as Master Thundering Rhino. 

The film is directed by JENNIFER YUH NELSON. It is produced by MELISSA COBB.
The co-producers are JONATHAN AIBEL, GLENN BERGER and SUZANNE BUIRGY. It is
written by JONATHAN AIBEL & GLENN BERGER. The music is by HANS ZIMMER and JOHN
POWELL. 

This film has been rated PG for sequences of martial arts action and mild
violence. 

Kung Fu Panda 2:An IMAX 3D Experience is scheduled to play day-and-date at the
following IMAX theatres beginning May 25: 

EMEA

Austria

Graz - Cineplexx Graz IMAX*

Hohenems- Cineplexx IMAX Hohenems*

Vienna-Apollo Das Kino Vienna IMAX*

Croatia

Zagreb - CineStar Arena IMAX Zagreb*

France

Lyon- Pathe Carre de Soie*

Paris- Pathe Quai d'Ivry*

Paris- Gaumont Disney Village*

Rouen- Gaumont Rouen Grand Quevilly*

Toulouse- Gaumont Toulouse Labege*

Germany

Bremen- CinemaxX Bremen*

Hungary

Budapest- Cinema City Arena IMAX Hungary*

Italy

Milan- UCI IMAX Pioltello Milano*

Kazakhstan

Astana - Kino Park Keruen IMAX

Kuwait

Kuwait- Cinescape 360 IMAX*

Netherlands

Amsterdam- Pathe Arena Amsterdam IMAX*

Eindhoven- Pathe Eindhoven IMAX*

Rotterdam- Pathe Schouwburgplein Rotterdam IMAX*

Qatar

Doha- Villagio Shopping Mall IMAX*

Romania

Bucharest- Cinema City IMAX Bucharest*

Russia

Krasnodar - SBS/Monitor Megamall IMAX

Moscow - Coca-Cola IMAX Kinostar De Lux Khimki

Moscow - Coca-Cola IMAX KinoStar De Lux Teply Stan

Moscow - Coca-Cola IMAX Kinostar NY NY, Mega Belaya Dacha

Moscow - Karo October Cinema IMAX

Moscow - BFC Kinosfera IMAX

Novosibirsk - Cinema Park Royal Park IMAX

Perm - Panorama 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

Voronezh- Cinema Park The Galereya Chizhova IMAX

Yekaterinburg - Cinema Park Star Light IMAX

Spain

Madrid - Cinesa IMAX Parquesur Madrid*

Mallorca - Cinesa IMAX Festival Park Mallorca*

United Kingdom

Cardiff - Odeon Cardiff Bay IMAX*

Gateshead - Odeon Metrocentre IMAX*

Greenwich - Odeon Greenwich IMAX*

Kingston Upon Thames - Odeon Kingston IMAX*

Liverpool- Odeon Liverpool ONE IMAX*

Norwich- Odeon Norwich IMAX*

Renfrew - Odeon Braehead IMAX*

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

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 theatres deliver 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 and Shanghai. As of March 31, 2011, there were 528 IMAX theatres
(408 commercial, 120 institutional) operating in 46 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). 

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, 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 the Company'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 the Company's most recent Annual Report on Form 10-K and most
recent Quarterly Reports on Form 10-Q. 

About DreamWorks Animation

DreamWorks Animation creates high-quality entertainment, including CG animated
feature films, television specials and series, live entertainment properties
and online virtual worlds, meant for audiences around the world. The Company
has world-class creative talent, a strong and experienced management team and
advanced filmmaking technology and techniques. DreamWorks Animation has been
named one of the "100 Best Companies to Work For" by FORTUNE® Magazine for
three consecutive years. In 2011, DreamWorks Animation ranks #10 on the list.
All of DreamWorks Animation's feature films are now being produced in 3D. The
Company has theatrically released a total of 21 animated feature films,
including the franchise properties of Shrek, Madagascar, Kung Fu Panda and How
to Train Your Dragon. 

         CONTACT: Entertainment Media:
         IMAX Corporation - Santa Monica
         Rebecca Klein
         310-255-5656
         rklein@imax.com
         
         Principal Communications Group - Los Angeles
         Melissa Zukerman/Paul Pflug
         323-658-1555
         melissa@pcommgroup.com
         paul@pcommgroup.com
         
         DreamWorks Animation Publicity
         Jeff Hare
         818-695-6055
         jeff.hare@dreamworks.com
         
         Investors:
         IMAX Corporation - New York
         Heather Anthony
         212-821-0121
         hanthony@imax.com
         
         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
         
         DreamWorks Animation Corporate Communications
         Shannon Olivas
         818-695-3658
         shannon.olivas@dreamworks.com