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Columbia Pictures' "The Green Hornet" Opens in Digital IMAX(R) Theatres This Friday

LOS ANGELES, Jan. 10, 2011 (GLOBE NEWSWIRE) -- IMAX Corporation (Nasdaq:IMAX) (TSX:IMX), and Columbia Pictures announce that the action-comedy The Green Hornet will be released to digital IMAX® theatres in the immersive IMAX® 3D format this Friday, January 14th. The film will open on 172 IMAX screens domestically, simultaneously with its North American wide release. The film will also open on at least 100 IMAX screens internationally, 13 of which will open this Friday, with the other runs debuting over the following weeks. Additional international playdates are expected to be booked in the coming days.
/ Source: GlobeNewswire

LOS ANGELES, Jan. 10, 2011 (GLOBE NEWSWIRE) -- IMAX Corporation (Nasdaq:IMAX) (TSX:IMX), and Columbia Pictures announce that the action-comedy The Green Hornet will be released to digital IMAX® theatres in the immersive IMAX® 3D format this Friday, January 14th. The film will open on 172 IMAX screens domestically, simultaneously with its North American wide release. The film will also open on at least 100 IMAX screens internationally, 13 of which will open this Friday, with the other runs debuting over the following weeks. Additional international playdates are expected to be booked in the coming days.

The Green Hornet: An IMAX 3D Experience has 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 The Green Hornet:

In the 3D action-comedy The Green Hornet, Britt Reid (Seth Rogen) is the son of LA's most prominent and respected media magnate and perfectly happy to maintain a directionless existence on the party scene – until his father (Tom Wilkinson) mysteriously dies, leaving Britt his vast media empire. Striking an unlikely friendship with one of his father's more industrious and inventive employees, Kato (Jay Chou), they see their chance to do something meaningful for the first time in their lives: fight crime. To get close to the criminals, they come up with the perfect cover: they'll pose as criminals themselves.

Protecting the law by breaking it, Britt becomes the vigilante The Green Hornet as he and Kato hit the streets. Using all his ingenuity and skill, Kato builds the ultimate in advanced retro weaponry, Black Beauty, an indestructible car equal parts firepower and horsepower. Rolling in a mobile fortress on wheels and striking the bad guys with Kato's clever gadgets, The Green Hornet and Kato quickly start making a name for themselves, and with the help of Britt's new secretary, Lenore Case (Cameron Diaz), they begin hunting down the man who controls LA's gritty underworld: Benjamin Chudnofsky (Christoph Waltz). But Chudnofsky has plans of his own: to swat down The Green Hornet once and for all.

The Green Hornet stars Seth Rogen, Jay Chou, Christoph Waltz, Edward James Olmos, David Harbour with Tom Wilkinson and Cameron Diaz.

The film is directed by Michel Gondry. The screenplay is by Seth Rogen and Evan Goldberg, based upon "The Green Hornet" radio series created by George W. Trendle. The film is produced by Neal H. Moritz. Seth Rogen, Evan Goldberg, Michael Grillo, Ori Marmur and George W. Trendle Jr. are the executive producers.

Opening nationwide in theatres and IMAX, the film will be presented in 3D and distributed by Columbia Pictures.

The film has been rated PG-13 by the MPAA for sequences of violent action, language, sensuality and drug content.

The Green Hornet: An IMAX 3D Experience is scheduled to play day-and-date at the following IMAX theatres beginning January 14th:

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 technology companies, specializing in immersive motion picture technologies. The worldwide IMAX network is among the most important and successful theatrical distribution platforms for major event films around the globe, with IMAX theatres delivering the world's best cinematic presentations using proprietary IMAX, IMAX 3D, and IMAX DMR technology.  IMAX DMR is the Company's groundbreaking digital re-mastering technology that allows it to digitally transform virtually any conventional motion picture into the unparalleled image and sound quality of The IMAX Experience. The IMAX brand is recognized throughout the world for extraordinary and immersive entertainment experiences for consumers. As of September 30, 2010, there were 470 IMAX theatres (348 commercial, 122 institutional) operating in 45 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 ).

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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.

CONTACT: Entertainment Media: IMAX Corporation - Santa Monica Rebecca Klein 310-255-5656 rklein@imax.com Principal Communications Group Melissa Zukerman/Paul Pflug 323-658-1555 melissa@pcommgroup.com paul@pcommgroup.com Investors: IMAX Corporation - New York Heather Anthony 212-821-0121 hanthony@imax.com Business Media: IMAX Corporation - Toronto Jackson Myers 905-403-6414 jmyers@imax.com Sloane & Company - New York Whit Clay 212-446-1864 wclay@sloanepr.com